- WBTC can be integrated into the Ethereum blockchains ecosystem.
- Avalanche helps smart contract-enabled applications surpass their rivals.
Let us look at the top 3 tokens with the highest market cap in DeFi.
Terra (LUNA)
Terra is a blockchain technology that employs stablecoins to enable price-stable global payment networks. Since fiat currencies and Bitcoin (BTC) cannot be censored, it delivers rapid and low-cost payments while maintaining price stability.
Moreover, last week, the LUNA/USD pair was hovering around the $65.45 level. Although the cryptocurrency market has been in a state of chaos, there are some hints that the price trend is shifting. According to CoinMarketCap, the Terra price today is $58.71 USD with a 24-hour trading volume of $2,980,507,568 USD.
Read More: Terra Price Prediction
Avalanche (AVAX)
Avalanche is one of the blockchain industry’s quickest smart contract platforms in terms of time-to-finality. Using Avalanche, users save money and help the environment simultaneously. Avalanche can help any smart contract-enabled application surpass its rivals.
Avalanche’s native token is AVAX. The token is a hard-capped, rare asset to pay fees, secure the platform via staking, and offer a fundamental unit of account amongst the many subnets built on Avalanche. According to CoinMarketCap, the Avalanche price today is $64.10 USD with a 24-hour trading volume of $1,068,280,463 USD.
Read More: Avalanche Price Prediction
Wrapped Bitcoin (WBTC)
As a tokenized form of Bitcoin (BTC) operated on the Ethereum blockchain, “Wrapped Bitcoin” emerged. WBTC can be completely integrated into the Ethereum blockchains ecosystem of decentralized exchanges, crypto lending services, prediction markets, and other ERC-20-enabled decentralized finance (DeFi) applications.
According to CoinMarketCap, the Wrapped Bitcoin price today is $36,326.18 USD with a 24-hour trading volume of $343,330,158 USD.
Read More: Wrapped Bitcoin Price Prediction
