Our column on the analysis of the crypto world and its digital assets continues, today we focus on three very important projects: Icon (ICX), The Graph (GRT), and Polkadot (DOT).
Summary
- Prices and market statistics of crypto Icon (ICX), The Graph (GRT) and Polkadot (DOT)
- The partnership between Icon and Injective
Prices and market statistics of crypto Icon (ICX), The Graph (GRT) and Polkadot (DOT)
The ICX token currently has a price of 0.2193 USD with a market capitalization of 214,484,933 USD. Over the past 24 hours, the trading volume has reached 1,975,452 USD, reflecting active trading activity.
The fully diluted valuation stands at 217,610,131 USD, highlighting the consideration of dilutive aspects. The circulating supply is 977,435,404 ICX, representing a significant portion of the total supply of 991,677,335 ICX.
The GRT token of The Graph is currently positioned at a price of 0.15 USD, with a market capitalization of a remarkable 1.4 billion USD. Over the past 24 hours, the trading volume has reached 57.9 million USD, reflecting substantial trading activity.
The circulating supply of GRT amounts to 9.4 billion, while the average holding time is 84 days, indicating a certain stability of holding.
The popularity of the token ranks 48th, highlighting its relevance in the cryptocurrency landscape. The all-time high of 2.90 USD highlights the potential price volatility over time.
Within 24 hours and 7 days, it has respectively experienced a variation of -6.15% and -8.61%, providing a detailed analysis of recent market dynamics.
The DOT token of Polkadot currently has a price of 6.59 USD, with a strong market capitalization of 8.7 billion USD. In the last 24 hours, the trading volume has reached 158.2 million USD, indicating broad market participation.
The circulating supply of DOT amounts to 1.3 billion, and the average holding time is 95 days, suggesting a certain stability in holding strategies.
The token ranks 12th in terms of popularity, highlighting its relevance in the context of cryptocurrencies. The all-time high of 55.13 USD underscores the potential for price appreciation over time.
The partnership between Icon and Injective
ICON, a prominent force in the blockchain sector, has announced a transformative partnership with Injective, harnessing the power of the Cosmos Inter-Blockchain Communication (IBC) protocol.
This collaboration represents a step forward in interoperability between chains, positioning ICON as a pioneer in the dynamic landscape of decentralized finance (DeFi).
The strategic integration with Injective represents a quantum leap in blockchain connectivity, in line with ICON’s relentless pursuit of innovation and scalability.
The decision to join forces with Injective is rooted in the distinctive infrastructure and unwavering commitment to chain interoperability, embodied by the $150 million Ecosystem Venture Initiative, a resounding echo of ICON’s vision for a scalable and borderless blockchain environment.
This synergistic alliance allows developers to create a new era for cross-chain application development.
By connecting ICON and Injective, it opens the door to a more interconnected ecosystem, offering developers access to the various functionalities of Injective. For users, this convergence translates into an improved and seamless DeFi experience.
Integration acts as a catalyst for innovation, pushing the DeFi space to unprecedented levels. By merging ICON and Injective, this partnership facilitates the creation of advanced blockchain applications and services, fostering an environment where innovation knows no bounds.
In conclusion, the integration between ICON and Injective represents a significant milestone in blockchain interoperability. With the shared commitment to advancing the blockchain industry, ICON and Injective are paving the way towards a future where innovation flourishes without constraints.
