5 cryptocurrency projects that made waves in 2021 By Cointelegraph

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2021 was a breakout yr for the cryptocurrency market in lots of respects and most buyers are completely thrilled that (BTC) value established a brand new all-time excessive of $68,789. In the identical timeframe, Ether (ETH) went on a parabolic rally which noticed its value acquire 565% from Jan. 1 to hit a report excessive at $4,859 on Nov. 10.

Whereas it was a banner yr for giant cap cryptocurrencies, among the greatest positive aspects and most impactful developments got here from the altcoin market the place decentralized finance (DeFi) and nonfungible tokens (NFTs) rallied by 1000’s of p.c and helped to usher in a brand new degree of consciousness and adoption for blockchain know-how and cryptocurrencies.

Month-to-month DEX quantity by challenge. Supply: Dune Analytics
Complete liquidity on the AAVE protocol. Supply: Aave
Complete worth locked on Curve. Supply: Defi Llama
value vs. whole income. Supply: Token Terminal
DOGE/USDT 1-day chart. Supply: TradingView