{"id":67161,"date":"2022-09-12T09:02:11","date_gmt":"2022-09-12T09:02:11","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=67161"},"modified":"2022-09-12T09:02:11","modified_gmt":"2022-09-12T09:02:11","slug":"in-2-months-the-top-smart-contract-tokens-gained-44-against-the-greenback-ahead-of-ethereums-merge","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=67161","title":{"rendered":"In 2 Months the Top Smart Contract Tokens Gained 44% Against the Greenback Ahead of Ethereum\u2019s Merge"},"content":{"rendered":"<p><img decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2022\/09\/smaht-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"In 2 Months the Top Smart Contract Tokens Gained 44% Against the Greenback Ahead of Ethereum's Merge\" loading=\"lazy\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/09\/smaht-300x169.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/09\/smaht-1024x576.jpg 1024w, https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2022\/09\/smaht-768x432.jpg 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/09\/smaht-190x107.jpg 190w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/09\/smaht-380x214.jpg 380w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/09\/smaht-760x428.jpg 760w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2022\/09\/smaht.jpg 1280w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\"><\/p>\n<p><strong>With The Merge coming next week and Cardano\u2019s Vasil hard fork commencing soon after, the market capitalization of the top smart contract tokens by valuation increased 1.19% during the past 24 hours to $316 billion on September 11, 2022. Moreover, the market capitalization of the top smart contract crypto assets today has increased 44.35% against the U.S. dollar since the end of June.<\/strong><\/p>\n<h2>Top Smart Contracts Tokens by Market Capitalization Gain More Than 44% in 80 Days<\/h2>\n<p>The top smart contract tokens by market capitalization have increased a great deal during the last two months ahead of Ethereum\u2019s highly anticipated Merge. When <a href=\"https:\/\/news.bitcoin.com\/what-is-the-merge-a-brief-explanation-of-ethereums-transition-from-proof-of-work-to-proof-of-stake\/\">The Merge<\/a> takes place, the second largest crypto asset by market capitalization, and the largest smart contract token by valuation, <a href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\/\">Ethereum (ETH)<\/a>, will transition from proof-of-work (PoW) to proof-of-stake (PoS).<\/p>\n<p>Ethereum has gained a decent amount of value leading up to The Merge which is scheduled to happen in just over two days or around <a href=\"https:\/\/wenmerge.com\/\">September 14, 2022<\/a>. In addition to The Merge, the Cardano blockchain network is <a href=\"https:\/\/news.bitcoin.com\/amid-ethereums-merge-cardano-founder-charles-hoskinson-says-adas-vasil-fork-is-coming-soon\/\">expected<\/a> to upgrade on <a href=\"https:\/\/news.bitcoin.com\/input-output-global-devs-reveal-cardanos-vasil-hard-fork-is-scheduled-for-september-22\/\">September 22<\/a>. At the time of writing on September 11, 2022, the aggregate USD value of the top smart contract tokens by valuation is up 1.19% today.<\/p>\n<p>There\u2019s $316 billion in collective value among the top smart contract crypto assets according to coinmarketcap.com <a href=\"https:\/\/coinmarketcap.com\/view\/smart-contracts\/\">data<\/a>. The top five smart contract tokens in terms of valuation include ethereum (<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a>), bnb (<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BNB\" target=\"_blank\" rel=\"noopener\">BNB<\/a>), cardano (<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ADA\" target=\"_blank\" rel=\"noopener\">ADA<\/a>), avalanche (AVAX), and ethereum classic (<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETC\" target=\"_blank\" rel=\"noopener\">ETC<\/a>) respectively.<\/p>\n<p>During the last week <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a> increased by \u200b\u200b12.52%, <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BNB\" target=\"_blank\" rel=\"noopener\">BNB<\/a> jumped by 6.05%, <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ADA\" target=\"_blank\" rel=\"noopener\">ADA<\/a> swelled by 2.67%, AVAX gained 8.15%, and <a href=\"https:\/\/news.bitcoin.com\/4-crypto-tokens-reap-hashpower-from-the-merge-etc-secures-most-of-the-hashrate-leaving-eth\/\">ETC<\/a> increased by 19.34%. Smart contract token prices are a lot higher than they were 80 days ago when the aggregate total value of all of them was <a href=\"https:\/\/web.archive.org\/web\/20220623204141\/https:\/\/coinmarketcap.com\/view\/smart-contracts\/\">$218.9 billion<\/a> on June 23, 2022.<\/p>\n<p>On that day, <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener\">ETH<\/a> was exchanging hands for $1,132 per unit after it tapped a low of 877 per ether on June 17. <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BNB\" target=\"_blank\" rel=\"noopener\">BNB<\/a> was trading for $228 on June 23 and <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ADA\" target=\"_blank\" rel=\"noopener\">ADA<\/a> was $0.47 per unit. 80 days ago, AVAX was trading for $17.92 and chainlink (LINK) was $6.97. LINK was ahead of <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETC\" target=\"_blank\" rel=\"noopener\">ETC<\/a> on that day but chainlink is now below <a href=\"https:\/\/news.bitcoin.com\/pow-miners-mining-eth-until-the-end-ethash-networks-jpmorgan-etc-could-benefit\/\">ethereum classic<\/a> since <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETC\" target=\"_blank\" rel=\"noopener\">ETC<\/a>\u2019s recent rise.<\/p>\n<p>The total value locked in decentralized finance (defi) protocols jumped as well since June 23 as the TVL was around $55.29 billion. Today, defillama.com <a href=\"https:\/\/defillama.com\/\">stats<\/a> show the TVL is around $60.26 billion or an increase of around 8.98% since then.<\/p>\n<p>The biggest smart contract token gainers this week include liquidapps (DAPP), up 124.05%, aergo (AERGO), up 118.57%, and enecuum (ENQ), which gained 112.86%. The week\u2019s biggest losers in terms of smart contract coin losses during the past week include salt (SALT), down 35.82%, edgeware (EDG), down 13.28%, and aurora (AOA), down 10% this week.<\/p>\n<p><em><strong>What do you think about the gains smart contract tokens have seen leading up to The Merge and Cardano\u2019s Vasil hard fork? Let us know what you think about this subject in the comments section below. <\/strong><\/em><\/p>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With The Merge coming next week and Cardano\u2019s Vasil hard fork commencing soon after, the market capitalization of the top smart contract tokens by valuation increased 1.19% during the past 24 hours to $316 billion on September 11, 2022. Moreover, the market capitalization of the top smart contract crypto assets today has increased 44.35% against [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":67162,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-67161","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/67161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67161"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/67161\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/67162"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}