Phoenix Group, a prominent platform for analytics about crypto, has recently shared a list of top crypto projects based on weekly growth in total value locked. Phoenix Group’s list of top crypto projects with maximum weekly TVL development includes $RARE, $MINT, $AURA, $JUP, $KSP, $SCA, $ASTRO, $SAKAI, $BETA, and $TRU. The analytics firm disclosed the details of the respective projects on its official social media account.
TOP PROJECTS BY WEEKLY #TVL GROWTH$RARE $MINT $AURA $JUP $KSP $SCA $ASTRO $SAKAI $BETA $TRU pic.twitter.com/BEoRGp5uCH
— PHOENIX – Crypto News & Analytics (@pnxgrp) August 18, 2024
RARE Leads the Crypto Projects Based on Weekly Growth in TVL
As per Phoenix Group, RARE has dominated the crypto projects in the case of top weekly growth in TVL. The crypto project has a TVL of up to $4.6 million. The respective figure displays a massive 335% rise over the week. It precedes MINT which has a total value locked of nearly $2.3 million worth. The crypto project reportedly went through a 93.9% growth in TVL this week.
AURA occupies the 3rd place with a total value locked of approximately $355.4 million. This denotes a 92.4% weekly growth. Following that, JUP obtains the 4th spot in the list as its total value locked has reached $1.0 billion. In this respect, JUP’s TVL has seen a 51.0% growth weekly. KSP stands in the 5th position in the list of crypto projects with substantial TVL growth. The crypto project reportedly recorded $24.6 million in total value locked. Hence, it has jumped by 28.4% in terms of weekly TVL growth.
After that, SCA seized the 6th spot in the list with a total value locked of almost $112.0M. This number indicates a 25.5% weekly spike in its TVL growth. ASTRO follows it with a $29.2 million worth of TVL. The weekly growth of this total value locked has reportedly reached 23.3%. in addition to this, SAKAI sees the 8th position in the respective list. The crypto project’s total value locked is approximately $11.7 million.
TRU Bottoms the List with a Weekly TVL Growth of 15.5%
This TVL reportedly shows a 21.0% weekly elevation. The 2nd last entry in the aforementioned list takes into account BETA. The respective crypto project possesses a total value locked of up to $2.7 million. As per the data provided by Phoenix Group, BETA has witnessed a 15.9% in its weekly TVL growth. At the bottom of the list, TRU has a TVL of $4.1M, with a weekly growth of 15.5%.
