• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Key Events and Causes Behind the Surge of Akash Network, OriginTrail, Gnosis, and DeXe

user avatar

by Giorgi Kostiuk

10 months ago


In recent weeks, cryptocurrencies Akash Network (AKT), OriginTrail (TRAC), Gnosis (GNO), and DeXe (DEXE) have shown significant growth. This article explores the factors contributing to their success and the opportunities they present for investors.

Cloud Computing Market: Akash Network

Akash Network is implementing cutting-edge technologies to transform the cloud computing market. Through a decentralized approach, the platform connects users with power suppliers, potentially reducing service costs by up to 90% compared to traditional cloud providers. In 2023, the AKT token experienced a noteworthy rise of 1,217%. In 2024, the network introduced AKT 2.0, ensuring stable payments and an improved user experience.

Decentralized Data Management: OriginTrail

OriginTrail uses a decentralized knowledge graph (DKG) to enable reliable and transparent data exchange across sectors. This solution addresses the problems of data incompatibility and lack of trust common in today's digital environment. In 2024, the company launched an updated version of its platform, gaining trust from organizations like Walmart, Polkadot, and the European Commission.

Governance and Decentralization: Gnosis and DeXe

Gnosis and DeXe promote the development of decentralized finance (DeFi) and self-governing organizations. Gnosis offers prediction capabilities and various DeFi applications through platforms like Gnosis Safe. In turn, DeXe focuses on asset management and decentralization, enabling users to participate in decision-making and manage financial products.

The growing interest and innovative approaches of Akash Network, OriginTrail, Gnosis, and DeXe lead to significant changes across various sectors. These cryptocurrencies present potential not only for attracting investors but also for addressing pressing issues in computing, data management, and decentralization.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

XRP's Value Disconnected from Real-World Usage

chest

Crypto analyst Atlas raises concerns about XRP's value, stating it is disconnected from real-world usage despite Ripple's success.

user avatarLucas Weissmann

Crypto ATM Scams on the Rise, Warns Minnesota AG

chest

Minnesota Attorney General Keith Ellison warns about the rise of scams involving cryptocurrency ATMs, highlighting the need for better consumer protection and awareness.

user avatarFilippo Romano

Minnesota AG Keith Ellison Launches Survey on Crypto ATM Usage

chest

Minnesota Attorney General Keith Ellison has launched a survey to gather information on residents' experiences with cryptocurrency ATMs to combat scams.

user avatarEmily Carter

The Inconsistent Impact of US Government Shutdowns on Cryptocurrencies

chest

The impact of US Government Shutdowns on cryptocurrencies has been inconsistent, with mixed market reactions.

user avatarTomas Novak

Understanding the Economic Impact of US Government Shutdowns

chest

Understanding the economic impact of US government shutdowns, which have historically caused disruptions and reduced GDP growth since the early 1980s.

user avatarKaterina Papadopoulou

Financial Markets Brace for Impact of Potential US Government Shutdown

chest

Financial markets are preparing for the impact of a potential US government shutdown, which could lead to increased volatility, particularly in the crypto sector.

user avatarKaterina Papadopoulou

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.