NEAR - Solana Fantom NEAR Protocol Big Winners in Today's Crypto Rally
It's been another incredible day in the world of cryptocurrencies . In aggregate, the crypto market has started the day in the green, as the total value of all digital currencies remains above the $1 trillion mark. This key psychological threshold was passed yesterday for the first time in more than a month.
Driving this sector higher was Fantom (CRYPTO: FTM) , the biggest winner in today's market. It posted gains of 18.2% over the past 24 hours as of 9:30 a.m. ET. NEAR Protocol (CRYPTO: NEAR) and Solana (CRYPTO: SOL) also saw impressive double-digit gains, surging 13% and 11.3%, respectively, over the same time frame.
This week's rally among various top Layer 1 networks appears to be tied to newfound momentum around a date (finally) being set for Ethereum 's (CRYPTO: ETH) long-anticipated merge . Layer 1 networks refer to foundational blockchain projects, upon which other decentralized applications can be built.
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Solana, Fantom, NEAR Protocol Big Winners in Today's Crypto Rally