The crypto market is witnessing growing interest in five tokens: Pyth Network, VELO, Arbitrum, Hashflow, and Humanity Protocol. These projects are demonstrating significant success due to updates and partnerships, attracting investor attention.
Pyth Network: Growth and New Partnerships
The Pyth Network token has become popular, rising by 8.43% in a day. The main reasons for this growth are strategic ecosystem development and technical momentum. An improvement in the ecosystem is expected after integration with Chainflash pro and strong positions from the Rovult partnership. The appearance of a bullish MACD signal and reduced selling pressure after the token unlock in May have also contributed to the growth, with the price currently at $0.1066.
VELO: Competition and Trading Incentives
The VELO token increased by 1.85% in the last 24 hours due to high demand. The main reason is the trading competition ending on June 30 on Binance with a prize pool of $1 million, encouraging users to increase trading operations. Consequently, the trading volume during the day rose nearly 17%, reaching $165 million, which typically leads to short-term price spikes.
Arbitrum, Hashflow, and Humanity Protocol: Development and Potential
Arbitrum is making waves again by announcing a major partnership with Robinhood. Speculation about collaboration with Vitalik Buterin adds to the interest. Prices for the token have risen nearly 19% to $0.3680, with trading volume increasing by 609%. Hashflow also saw a 26% rise thanks to new partnerships with exchanges. Finally, Humanity Protocol surged by 85%, attracting attention due to its listing on KuCoin and the integration of Moongate. These tokens exhibit real potential for future growth.
Each of these tokens shows confident growth due to strong partnerships and technical achievements. Investors may want to keep an eye on these projects as promising for future investments.