Top Altcoins To Buy Now: Flare, Solayer, and DeXe

• Flare jumps 10.90% as its interoperability-focused Layer 1 gains momentum with strong market interest.
• Solayer rises 10.24% on breakthrough scalability claims powered by hardware-accelerated blockchain architecture.
• DeXe gains 8.87%, driven by the growing adoption of its DAO governance infrastructure and community-led protocol model.
  

There have been notable gains among a number of altcoins on today’s cryptocurrency market. Flare (FLR), Solayer (LAYER), and DeXe (DEXE) are leading the surge as they have performed outstandingly in just the past 24 hours.

Flare (FLR)

The price of flare (FLR) in the last 24 hours has seen a major increase with the price reaching around $0.02048 which is an increase of 10.90%. Currently, the token has a market capitalization of around $1.29 billion and 24-hour trading volume of $35.31 million. About 63.21 billion FLR tokens make up Flare’s circulating supply.

As an EVM compatible Layer 1 blockchain, Flare sets itself apart by promising an easy decentralized access to high integrity data (and consequently computation) on many chains and the internet. Its special protocols, like State Connector and Flare Time Series Oracle (FTSO), enable secure and decentralized data acquisition to build a large number of dApps in various aspects.

Solayer (LAYER)

LAYER has remained making headlines this week as its price climbed to as high as approximately $3.31 making it 10.24% over the past day. The token carries a market cap of $695.35 million and 24 24-hour trading volume of $280.09 million. Currently, the circulating supply of LAYER tokens is 210 million.

Unlike other blockchains, Solayer is the first hardware-accelerated blockchain that aspires to achieve over 1M TPS+ and >100Gbps network bandwidth. Solayer’s InfiniSVM architecture offloads blockchain components to programmable chips to achieve near-zero latency and infinite scalability. With this innovative approach, Solayer becomes a serious contender for the architecture of high-performance blockchain solutions.

DeXe (DEXE)

At press time, DeXe (DEXE) has grown sufficiently, with its full price increasing approximately to $14.36, resulting in a steady increase within the last 24 hours of 8.87%. The volume traded over a 24-hour period is $35.31 million and the market capitalization of the token is close to $1.29 billion.

As the innovative infrastructure for meritocratic creation and governance of Decentralized Autonomous Organizations (DAOs), DeXe operates. DeXe Protocol instills proper incentive alignment and flexibility, which will allow DAOs to grow sustainably when active and expert participation is there. The $DEXE token within the DeXe DAO ecosystem is a governance token used for making decisions within the ecosystem as well as protocol upgrades. 

The performance by Flare, Solayer, and DeXe is outstanding and speaks to the turbulent nature of the crypto space and the increased taste among new projects to bring healthy changes to problems that exist today. Solayer’s hardware-accelerated scaling, flare’s interoperability, DeXe’s attempt towards DAO governance, and the multitude of ways blockchain technology evolves are reflected among the variety of different positions within blockchain space.

Investors and ‘enthusiasts’ keep a keen eye on these developments as many hope that the success of such projects may reveal larger trends and shifts in the digital asset space. Market participants are always advised to do their own research, and are well aware of the inherent risks in cryptocurrency investments.