Despite the sluggishness in the cryptocurrency market, Elixir, Zora, and Orderly are showing significant gains fueled by the implementation of new features and products.
Elixir Token Surge
The Elixir token surged 89.4% in the last 24 hours, reaching $0.2593 from a low of $0.1369. Over the week, its price increased by 140%. This growth is linked to several key developments in the project's ecosystem, including the launch of sdeUSD on Pendle Finance and reaching nearly $50 million in total value locked on Avalanche.
Zora's Monetization Initiatives
Zora also demonstrated strong growth, increasing by 49.9% over the past 24 hours. The token rose from $0.0108 to $0.01631, coinciding with the launch of new Creator Coins. This feature allows users to monetize content on the platform.
Orderly Market and New Futures
Orderly ranks third on the gainers list with a 49.7% increase, trading at $0.1328. This rise comes alongside the launch of new futures contracts. The platform has introduced new offerings for RUNE, TAC, and ANI with up to 10x leverage, now available on both EVM and Solana networks.
The emergence of new products and features among Elixir, Zora, and Orderly underscores their potential in the current cryptocurrency market dynamics, where smaller altcoins occasionally showcase significant outcomes even as major cryptocurrencies face challenges.