- ChainLink is the leader in blockchain infrastructure rankings, with a market capitalization of $12.7 billion and an incredible 9,962% YTD.
- Quant showed the highest percentage increase, reaching 40,549% despite being the least valuable in the top 10.
- Other new projects like ZKJ, Pyth and FET have also risen, indicating a growing demand for investors for infrastructure tokens.
Chainlink ($link) has emerged as the most valuable blockchain infrastructure project, reaching $12.7 billion in FDV, according to data provided by the top 7 ICOs. Links are increasing by an incredible 9,962% from ATH (an all-time low), helping to rebuild the market’s infrastructure tokens.
The news is triggered by a liquid redevelopment protocol that boasts over $4 billion in TVL, triggered by ChainLink’s new pre-certification (POR) deployed to Ethereum Mainnet via the Ether.fi liquid reopening protocol. The integration is to improve Defi transparency, utilizing 2.4m Staking Ethereum’s on-chain real-time check.
FileCoin (FIL) is the second-largest in FDV at $4.95 billion, a 17.4% increase from ATL. Layerzero (Zro) ranked third, valuing $2.56 billion with a growth rate of 69.9% per year.
The top five other well-known projects are the Walrus (WAL), which holds a total of $2.27 billion and the $2.25 billion Polyhedra Network (ZKJ). ZKJ reveals an astounding 114% increase from the lowest market price, indicating investors’ trust.
Emerging projects show strong performance metrics
Eigenlayer (Eigen) is the sixth-most capitalized NFT project with ATL of $1.137 billion, up 19%. The project remains relevant and we noticed its staking and security improvements. Next up is Pyth Network (Pyth), with FDV at $1.33 billion, up 25.6% from ATL.
The Artificial Supervisory Alliance (FET) shows an impressive 5,817% growth, with FDV reporting $1.29 billion in FDV. The rapidly growing nature of the company is evidence of the market demand for AI-integrated blockchain solutions.
Aethir (ATH) remains at $1.18 billion based on a 14.5% increase from the current ATL. This has recently emerged prominently in distributed cloud computing applications.
Quant Steal Spotlight
Quant (QNT) will take 10 spots with FDV’s $973 million. Although it is significantly smaller than Link and FIL, QNT is an astonishing 40,923% increase from its all-time low. This growth figure goes further than all of the projects Quant listed, making it a great performer in the chrome chain infrastructure sector.
FDV Ranking covers a wide range of blockchain infrastructure projects, ranging from data oracle to distributed storage, interoperability, and protocols using AI components. The end-user-driven focus focuses on technical features and practical implementation of this feature is a major trend to increase valuations across multiple markets.