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Ethereum Name Service

Metis

Pyth Network

<ul>
 <li>ENS surged 42.6%, briefly hitting $20.90 with trading volume soaring 470.95% to $121 million.</li>
 <li>Pyth Network jumped 25.8%, reaching $0.4956, fueled by the launch of the innovative USD/USD price feed.</li>
 <li>METIS soared 28.3% to $76.73, driven by the introduction of Phase 2 of the Metis Decentralized Sequencer.</li>
</ul>
On May 21, 2024, the crypto market was dominated by green as almost all assets experienced a price increase. Today, <a href="https://cryptonewsland.com/bitcoin-price-enters-discovery-phase-as-btc-broke-71000-following-a-1-1-billion-bitcoin-btc-purchase-new-aths-ahead/" rel="noopener noreferrer nofollow">Bitcoin was recorded to have risen 5.76%</a> while Ethereum jumped quite high, specifically by 18.15% in the last 24 hours. Amid unexpected market fluctuations, these 4 cryptocurrencies showed significant price increases. From ENS to the BONK memecoin, there is a reason behind this increase.
Ethereum Name Service (ENS)
ENS rose 42.6% in 24 hours and briefly touched $20.90. <a href="https://www.coingecko.com/en/coins/ethereum-name-service" rel="noopener noreferrer nofollow">Ethereum Name Service’s</a> market cap stands at around $576 million, with a trading volume of $121 million, registering a 470.95% surge within 24 hours.&nbsp;
Pyth Network (PYTH)
<a href="https://www.coingecko.com/en/coins/pyth-network" rel="noopener noreferrer nofollow">PYTH price </a>recorded a jump of 25.8% in the last 24 hours and touched the price of $0.4956. At the time of writing, Pyth Network’s market capitalization stands at around $1.7 billion with trading volume touching $681 million registering an increase of 169.49% in the last 24 hours.&nbsp;
Apart from the overall price increase, the increase in PYTH value occurred after the launch of the new USD/USD price feed. This innovative price feed was designed specifically for lisUSD, a decentralized and unbiased stablecoin, and can now be accessed on more than 55 blockchains.
Metis (METIS)
The price of METIS was recorded to have risen 28.3% within 24 hours and reached a price of $76.73. Metis’ market capitalization stands at around $424 million with trading volume touching $61 million, registering a significant rise of 885.63% in the last 24 hours.&nbsp;
In April 2024, Metis launched Phase 2 of the Metis Decentralized Sequencer, which introduced several improvements aimed at increasing network incentives and participation. Among other positive changes, Phase 2 of the Sequencer Decentralization upgrade introduces the most anticipated feature to date for Layer 2 networks: Sequencer Mining.
Bonk (BONK)
Being one of the crypto assets that rose today, the <a href="https://cryptonewsland.com/bonk-bonk-pepe-coin-pepe-hump-token-hump-3-meme-coins-cheaper-than-a-latte-that-can-make-you-50x-richer-in-2024/" rel="noopener noreferrer nofollow">BONK meme coin</a> was recorded to have risen 18.8% within 24 hours and touched a price of $0.00003105. Bonk’s (BONK) trading volume was US$790 million in the last 24 hours, which represents a 67.90% increase from one day ago and marks an uptick in market activity. As of now, Bonk boasts a market cap of approximately $2 billion. BONK is a dog-themed meme coin propelled on the Solana (SOL) blockchain.&nbsp;
All in all, the future of ENS, PYTH, METIS, and BONK looks promising. ENS enhances community engagement with new collaborations. PYTH’s USD/USD price feed expands its multi-blockchain influence.&nbsp;
Metis revolutionizes Layer 2 solutions with its Decentralized Sequencer. BONK, a vibrant Solana meme coin, grows in appeal and market cap. These cryptocurrencies are carving out distinct niches in the evolving crypto landscape.
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</ul>
The post <a href="https://cryptonewsland.com/top-4-cryptos-to-watch-ens-pyth-metis-and-bonk-skyrocket-in-24-hours/" rel="noopener noreferrer nofollow">Top 4 Cryptos to Watch: ENS, PYTH, METIS, and BONK Skyrocket in 24 Hours</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.

Top 4 Cryptos to Watch: ENS, PYTH, METIS, and BONK Skyrocket in 24 Hours

Crypto News Land

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