5 Fastest-Expanding Projects in Polkadot Ecosystem: peaq Leads

Polkadot, an advanced multi-chain network offering seamless interoperability across blockchains, is continuously growing. As per the statistics from Token Terminal, the prominent five projects that are rapidly expanding within the Polkadot ecosystem include peaq, Darwinia Network Hyperbridge, Mythos, as well as Moonbeam Network. The crypto data provider took to social media to disclose the top growing Polkadot projects.

peaq Emerges as 1st Rapidly Growing Polkadot-Based Project

Token Terminal’s data categorizes peaq ($PEAQ) as the 1st rapidly growing project operating within the Polkadot ecosystem. In this respect, the transfer count of the respective project reportedly touched the 4.0M mark over the past thirty days. This number reportedly accounts for a massive 63.6% increase over the respective timeframe. In addition to this, Darwinia Network ($RING) has gained the 2nd position among the top swiftly growing Polkadot projects. Its transfer count has reached 826.5K in total. This amount denotes a 38.0% surge over the recent month.

Subsequently, Hyperbridge has gained the 3rd place among Polkadot’s fastest progressing projects. Particularly, Hyperbridge’s transfer count has touched 1.2M in the past thirty days. This reportedly represents a 19.1% spike during the same period. Apart from that, another well-known, rapidly growing project operating within the Polkadot ecosystem is Mythos ($MYTH). It has recorded a staggering transaction count of approximately 4.4M over the thirty days. This represents a 13.0% upsurge over the month.

Moonbeam Gets 5th Rank among Fastest Growing Polkadot Projects

According to Token Terminal, the last among the top 5 rapidly growing Polkadot-based projects is Moonbeam ($GLMR). The project saw a massive transfer count of almost 6.0M during the recent 30 days. As a result of this development, the project has experienced a 12.7% growth in transfer count during the past month.