AVAX rises 500% within 1 month. Will Public Chain Welcome Another Booming?

In an explosive move reminiscent of the growth of Binance Smart Chain (BSC) and Polygon earlier this year, the Avalanche blockchain is attracting a flood of new deposits into its ecosystem. The total value locked in Avalanche’s DeFi ecosystem has swelled to $1.8 billion in the last month. And the price of AVAX has risen from $10 to $50, a 500% of increase.

With the massive attention being put on AVAX and the recent bull run of ETH, some experts are expecting a new race of public chains. I do agree on it and here are some of the public chain projects that I am following:

1. AVAX

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$180 million Avalanche Rush program is currently tailored to users. Over time, the money could be used to incentivize developers to build more platforms on Avalanche. AVAX could reach $100 at the end of this year.

2. Chillz

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The NFT frenzy that began in February has not seemed to stop. Chiliz, an on-chain NFT issuance platform cooperating with many well-known sports events and clubs are definity one of my picks.

3. Kinglory

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A large-scale commercial high-performance blockchain ecological platform with solid team and backed by famous funds. I heard news that its token will be issued soon and I am definity in for this project.

What public chain are you following?

Topic: AVAX rises 500% within 1 month. Will Public Chain Welcome Another Booming? (Read 76 times)