[비즈한국] We provide a weekly summary of market conditions and trends for major cryptocurrencies in the top 100 by market capitalization. We offer comprehensive key information, including not only major assets like Bitcoin and Ethereum but also key issues in the altcoin market and global policy variables. You can understand the volatile cryptocurrency market as easily and interestingly as watching Netflix.
According to the global virtual asset market tracking site CoinMarketCap, from 7:00 AM on April 17 to 7:00 AM on April 24, Just (JST) ranked first in the cryptocurrency market with a weekly gain of 25.20%. Just's current price is 120 KRW, down 1.81% over the past 24 hours. Just is a decentralized liquidity protocol on the TRON network that provides lending and deposit functions collateralized by the stablecoin USDT. Its project whitepaper states that its core feature is an automated compound interest reinvestment system that maximizes capital efficiency for users.
Humanity Protocol came in second with a weekly gain of 22.63%. Humanity Protocol's current price is 212 KRW, continuing a short-term bullish trend with a 9.52% rise over the last 24 hours. Humanity Protocol's official website describes it as a decentralized ID solution that enables blockchain identity verification while protecting privacy by combining biometrics using palm vein patterns with Zero-Knowledge Proofs (ZKP).
Stable (STBL) ranked third with a weekly gain of 17.72%. Stable's current price is 45 KRW, and it rose 17.35% over the past 24 hours, adding momentum to its weekly gains. The development team emphasized in a recent interview that Stable is an infrastructure protocol that supports stable value transmission through stablecoin issuance collateralized by Real-World Assets (RWA) and cross-chain liquidity pools.
Memecore ranked fourth with a weekly gain of 15.02%. Memecore's current price is 6,320 KRW, down 2.34% over the past 24 hours, entering a short-term breather. Chiliz ranked fifth with a weekly gain of 13.96%. Chiliz's current price is 71 KRW, rising 1.33% over the past 24 hours. Meanwhile, Dixie rose 13.33% for the week and is trading at 18,561 KRW. edgeX is trading at 2,059 KRW, up 12.88% for the week.
At the same time, SPX6900 is at 580 KRW, up 10.65% for the week. Sky Protocol recorded a weekly gain of 10.31% and is trading at 124 KRW. BinanceLife is trading at 545 KRW, up 10.09% for the week.
For Just, trading volume surged threefold as $5 million in new liquidity flowed into lending pools on the TRON network over the past week, leading to a 25% price increase. Experts analyzed that this liquidity injection was the factor that increased the protocol's Total Value Locked (TVL) by 20%.
Following reports last week that Humanity Protocol secured an additional $20 million investment from Pantera Capital, token demand skyrocketed. The market revalued it at a market cap of $1.1 billion, resulting in a 22% price increase. Analysts evaluated that this investment will accelerate the commercialization of its palm recognition technology.
Stable rose 17% this week after achieving a 300% increase in user deposits just 10 days after deploying new RWA collateral pools on an Ethereum Layer 2 chain. Industry experts explained that this deployment was a decisive moment that strengthened the protocol's stable revenue mechanism.
The top ranks of the top 100 by market capitalization this week were led by real-use infrastructure projects such as DeFi liquidity pools, biometric identity solutions, and RWA-based protocols, forming a rotating rally between decentralized finance and real-world-linked themes. However, caution is advised as investors are seeing mixed results, with Siren, which had been bullish recently, falling 63.82% for the week, and LayerZero dropping 20.19% for the week.
※ This article was written by Bizhankook and MetaVX's generative AI.