Render

DeFi

The Graph

<p><strong>The DeFi sector is heating up. In the last 24 hours, the prices of Akash, The Graph, and Render have literally skyrocketed, showing spectacular increases of more than 15%. This is a sign of the undying enthusiasm of crypto investors for these innovative projects. Diving into the heart of this speculative frenzy.&nbsp;</strong></p>
<h2 id="h-akash-soars-to-about-4-the-current-crypto-darling">Akash soars to about $4, the current crypto darling</h2>
<p>The star of the day is undoubtedly Akash Network. In 24 hours, the price of its cryptocurrency AKT took off to hover around $4, which is a surge of nearly 10%. This has propelled Akash’s market capitalization beyond the <a href="https://www.cointribune.com/en/crypto-these-three-altcoins-could-reach-10-billion-by-2024/" target="_blank" rel="noopener noreferrer nofollow">billion-dollar mark</a>.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1">
 </div>
</div>
<p>Specializing in decentralized cloud computing, this gem riding the wave of Web3 and DeFi excites investors. Designed as an Airbnb for cloud computing, the Akash platform allows for the transparent connection of computer resource providers with customers, all thanks to the blockchain.&nbsp;</p>
<p>An innovative positioning, at the crossroads of cloud and DeFi, that is increasingly attracting devotees of decentralized finance. Hence the current surge in price, as crypto investors rush to this potentially speculative asset.</p>
<h2 id="h-render-rndr-and-the-graph-also-favored">Render (RNDR) and The Graph also favored&nbsp;</h2>
<p>Following in Akash’s footsteps, other leading DeFi assets are also favored. Such is the case with Render (RNDR), a decentralized network for rendering 3D images via GPU. By connecting 3D artists and mining data centers, this innovative crypto project has also won over DeFi enthusiasts, resulting in a significant price jump in 24 hours.</p>
<p>There’s a similar excitement for The Graph, an essential data indexing protocol for DeFi, whose cryptocurrency price has surged <a href="https://coinmarketcap.com/fr/currencies/the-graph/" target="_blank" rel="noopener noreferrer nofollow">by more than 9%</a> in the last 24 hours. By allowing reliable import of external data into the blockchain, The Graph solves a key problem for DeFi applications.</p>
<p>This sparks the appetite of crypto investors, who are always on the lookout for the rare gem in the bustling universe of decentralized finance.&nbsp;</p>
<p>Driven by the speculative frenzy around DeFi, Akash, Render(RNDR), and The Graph are crystallizing all the fantasies. The plentiful innovations in the crypto sector continue to fuel the surge in prices. One can bet that this buying fever around <a href="https://www.cointribune.com/investir-dans-la-finance-decentralisee-le-guide-complet/" target="_blank" rel="noopener noreferrer nofollow">decentralized finance</a> is not about to subside!</p>

Crypto frenzy! Akash, The Graph, and Render surge in 24 hours!

Table of Contents

Cointribune EN

Other articles published on Feb 19, 2024

Top 6 things to know about crypto and Bitcoin this week

Navigating the US Economic Calendar: Crypto & Stock Traders Watch for Market Cues

Uniswap Confirms v4 Update for Q3-2024

Can Bitcoin become legal tender in Europe? One German MP thinks so

Executive texts claim Deltec moved customer funds from FTX to Alameda

Kelexo (KLXO) presale being tipped as 30x monster for 2024 by Avalanche (AVAX) & Bitcoin (BTC) ho...

Join our free newsletter for daily crypto updates!