The cryptocurrency market is climbing like crazy. The major cryptocurrencies like Bitcoin, Ethereum, and Ripple are performing well but the altcoins are also showing great improvement. Here are the top 5 cryptocurrencies other than Bitcoin that displayed great performance.
1. Edgeware (EDG) (+43%)
According to its website, Edgeware is a self-upgrading WASM smart contract platform, in the Polkadot ecosystem. The EDG price has displayed a strong development and it increased by almost 43% last week. The news surrounding Polkadot and the announcement of a roadmap could be responsible for the increase this week, putting on top of the top 5 list.
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2. Ripple (XRP) (+45%)
Ripple (XRP) has displayed tremendous development. The third-largest coin by market cap has increased by almost 45% and its trading volume also increased almost by 100% in the last two days. The exact reason for this price rise is still unknown but it could be that one of the largest banks in the world, Santander, processed € 450 million in transactions with the One Pay FX system powered by Ripple.
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3. Litecoin (+38%)
Litecoin, a peer-to-peer cryptocurrency that allows almost-zero cost payments has displayed a 38% growth in its price. The general hype surrounding the top 5 big cryptocurrencies by market cap could be responsible for the sharp rise. Also, users can now send Litecoin as a tip on various social media platforms like Twitter, Telegram, Discord, Reddit, and WeChat. So, this could be one of the reasons why the price is climbing.
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4.Zcash (+37.5%)
Zcash is a privacy coin. It means that it is a cryptocurrency that enables anonymous payments. It uses zero-knowledge proofs. This enables transactions to be approved without having to identify the sender’s public key. The Zcash price has almost increased by almost 37.5%.
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5. Bitcoin SV (+34%)
The Bitcoin SV is a hard fork of Bitcoin Cash. Bitcoin and Bitcoin Cash’s good performance could be one of the reasons for the good performance of BSV. The Bitcoin SV price has almost increased by 34%, just enough for a spot on our top 5 cryptocurrencies list.
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