The fastest-growing project in the Polkadot ecosystem: PEAQ Lead

Polkadot, a sophisticated multi-chain network that offers seamless interoperability across the blockchain, is growing continuously. According to Token Terminal statistics, five prominent projects rapidly expanding within the Polkadot ecosystem include PEAQ, Darwinia Network Hyperbridge, Mithos and Moonbeam Network. The Crypto data provider has used social media to disclose its growing Polka Dot project.

Peaq is emerging as a rapidly growing polka dot-based project

Token Terminal data categorizes PEAQ ($PEAQ) as the first rapidly growing project operating within the polka dot ecosystem. In this regard, the number of transfers for each project reportedly touched the 4.0m mark in the last 30 days. This number reportedly explains a significant 63.6% increase in each time frame. In addition to this, the Darwinia Network ($RING) has taken the second position in the rapidly growing Polka Dot project. The total number of transfers reached 826.5k. This amount represents a surge of 38.0% in recent years.

Hyperbridge then came third in Polkadot’s fastest progressive project. In particular, the number of transfers for Hyperbridges has reached 1.2m in the last 30 days. This is reportedly representing 19.1% spikes during the same period. Apart from that, another well-known and rapidly growing project running within the Polkadot ecosystem is Mythos ($Myth). It recorded an astounding number of transactions of around 4.4 million over 30 days. This represents a 13.0% spike over a month.

Moonbeam ranks fifth among the fastest growing Polka Dot Projects

According to Token Terminal, the end of the fastest growing top five polka dot-based projects is Moonbeam ($glmr). The project has brought the number of large-scale relocations to nearly 6.0m over the last 30 days. As a result of this development, the project has increased its transfer count by 12.7% over the past month.