MATIC, Polygon’s cryptocurrency, and Aave, DeFi’s platform, were the most significant valuations in the seven days between May 11 and 18, with the growth of 114.99% and 44.94%, respectively. Both stood out in the same period when the leading cryptocurrency, bitcoin, fell sharply, below US$ 45,000.
Learn more about the 2 best-performing assets
For the first time among the top-ranked currencies, MATIC was worth R$13.26 when this article was written. Its current CoinMarketCap ranking is #14, with a market capitalization of US$ 81,478,396,799.
The Polygon platform (formerly Matic Network) is used for Ethereum escalation and infrastructure development. Its main component is the Polygon SDK, a modular and flexible framework that supports various types of apps. The project focuses on reducing the complexity of scalability and instant blockchain transactions.
It is possible to find MATIC on several exchanges, and currently, the main ones are Binance, Huobi Global, OKEx, and FTX.
Aave’s current price is R$ 3.357,60, with a 24-hour trading volume of US$ 11,088,650,327. Its ranking on CoinMarketCap is #23, with a market capitalization of R$ 42.818.737.639.
The original name of the currency, when launched in November 2017, was ETHLend. In September 2018, it was changed to Aave (whose meaning, in Finnish, is ghost). It explains why the ticker of this token is so different from its name. One of Aave’s main products is the “quick loans” without collateral in the DeFi space.
The main exchanges for Aave trading today are Binance, Huobi Global, OKEx, and FTX.