Bittensor

Wormhole

Decentralized Machine Learning

Celestia

<ul>
 <li>Sei launches a blockchain tailored for trading, addressing DEXes' scalability and reliability challenges.</li>  
 <li>Wormhole enables cross-chain liquidity, enhancing multichain applications with access to over 30 blockchain networks.</li>  
 <li>Bittensor and Celestia introduce decentralized AI and modular blockchain systems, fostering global innovation in blockchain development.</li> 
</ul>  
<h2 class="wp-block-heading" id="h-sei-revolutionizes-blockchain-trading-with-sector-specific-layer-1"><strong>Sei Revolutionizes Blockchain Trading with Sector-Specific Layer 1</strong></h2>  
<p>Current price:<a href="https://coinmarketcap.com/currencies/sei/" target="_blank" rel="noopener noreferrer nofollow">$0.3365</a></p>  
<p>Market cap:$1.1B</p>  
<p>Sei(SEI) is the first sector focused on Layer 1 blockchain that is known to be changing decentralized exchanges. Decentralized exchanges (DEX) are rapidly expanding in the crypto market, especially in NFT gaming. They offer growth and efficiency unmatched by other blockchain applications. This rising demand calls for attention to their unique benefits and capabilities.</p>  
<p>Sei provides infrastructure designed for exchange. Decentralized products and services offer&nbsp; long downtimes, preventing disruptions across the entire ecosystem of applications.</p>  
<h2 class="wp-block-heading" id="h-wormhole-enhances-blockchain-interoperability-across-multiple-chains"><strong>Wormhole Enhances Blockchain Interoperability Across Multiple Chains</strong></h2>  
<p>Current price:<a href="https://coinmarketcap.com/currencies/wormhole/" target="_blank" rel="noopener noreferrer nofollow">$0.235</a></p>  
<p>Market cap:$605.8M</p>  
<p>Wormhole(W) is a multichain platform, which leads the way to blockchain unification. So far, it enables liquidity provision and interoperable messaging capabilities to more than thirty chains underlying major DeFi and NFT projects. Wormhole has processed more than forty billion US dollars worth of cross-chain currency transfers and has been used&nbsp; by well-known companies, including Circle and Uniswap, due to their secure infrastructure. This wide range of connectivity makes transactions easy, enhancing the breadth of blockchain users and developers.</p>  
<h2 class="wp-block-heading" id="h-bittensor-pioneering-decentralized-machine-learning-networks"><strong>Bittensor: Pioneering Decentralized Machine Learning Networks</strong></h2>  
<p>Current price:<a href="https://coinmarketcap.com/currencies/bittensor/" target="_blank" rel="noopener noreferrer nofollow">$372.76</a></p>  
<p>Market cap:$2.7B</p>  
<p>Bittensor(TAO) distributed system makes it possible to work on machine learning models in a group, for which the TAO native token is awarded to the users.&nbsp; In Bittensor, users earn rewards based on the amount of information their models contribute. The protocol aims to open topic markets for artificial intelligence in a way that will help develop its technology. In this, TAO provides artificial techniques that can be built using blockchain in a democratized manner, offering a safe and secure trustless network for end users.</p>  
<h2 class="wp-block-heading" id="h-nervos-network-a-scalable-solution-for-blockchain-applications"><strong>Nervos Network: A Scalable Solution for Blockchain Applications</strong></h2>  
<p>Current price:<a href="https://coinmarketcap.com/currencies/nervos-network/" target="_blank" rel="noopener noreferrer nofollow">$0.01775</a></p>  
<p>Market cap:$797.9M</p>  
<p>Nervos Network (CKB) uniquely enhances blockchain scalability by having two layers. Nervos encourages developers to create decentralized applications (dApps) and smart contracts on a secure and scalable platform. The two-layered architecture works to disintegrate the computation layer from the consensus layer to achieve better performance without compromising decentralization. CKB Nervos funds through rewarding users with native CKB tokens, a proof of Work mechanism known as the common knowledge base that underpins the network. In the scope of Nervos, the ecosystem is anticipated to encompass a considerable degree of cross-chain functionalities.</p>  
<h2 class="wp-block-heading" id="h-celestia-modular-blockchain-for-scalable-applications"><strong>Celestia: Modular Blockchain for Scalable Applications</strong></h2>  
<p>Current price:<a href="https://coinmarketcap.com/currencies/celestia/" target="_blank" rel="noopener noreferrer nofollow">$6.02</a></p>  
<p>Market cap:$1.2B</p>  
<p>Celestia(TIA), which offers a modular blockchain design that allows the building of application-specific blockchains. By separating consensus from execution, Celestia increases flexibility and scalability. This means that, while still being part of Celestia’s validator set, developers can independently structure rules for transaction execution and settlement. This opens up an enormous horizon for decentralized creativity, permitting especially crafted blockchain systems to scale without jeopardizing security. Celestia will foster the emergence of a new class of decentralized applications since the platform will be flexible and convincing when deployed.</p> 
<p>The post <a href="https://cryptonewsland.com/top-gainers-in-crypto-market-wormhole-nervos-and-bittensor-drive-blockchain-growth-in-2024/" rel="noopener noreferrer nofollow">Top Gainers in Crypto Market: Wormhole, Nervos, and Bittensor Drive Blockchain Growth in 2024</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Top Gainers in Crypto Market: Wormhole, Nervos, and Bittensor Drive Blockchain Growth in 2024

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