In the ever-evolving landscape of decentralized finance (DeFi), Sovryn (SOV) has emerged as a noteworthy player, experiencing a remarkable surge of 56.22% in the last 24 hours. As the market for decentralized exchanges continues to heat up, Sovryn is solidifying its position with impressive performance indicators.
Current Market Snapshot:
- Rank: 430
- Price: 1.3479 USD
- Change % (24h): +56.22%
- Market Cap: 50.687M USD
- Volume (24h): 3.329M USD
- Circulating Supply: 37.604M
- Category: Decentralized exchange, DeFi
Impressive Growth Across Timeframes:
Sovryn’s recent surge is part of a broader trend, showcasing its resilience and attractiveness to investors. The one-week growth stands at a staggering 145.36%, while the one-month and six-month gains are equally impressive, at 98.97% and 272.38%, respectively. Year-to-date growth is marked at 115.58%, reflecting sustained positive momentum.
Historical Performance:
- 1 year: 472.98%
- 5 years: -89.23%
- All time: -89.23%
Despite a challenging historical performance over the past five years, Sovryn’s recent surges suggest a potential reversal of fortune and a renewed investor interest.
Key Statistics:
- Market Capitalization: 50.69M USD
- Fully Diluted Market Cap: 134.80M USD
- Trading Volume (24h): 3.33M USD
- Volume / Market Cap: 0.0444
- All-Time High: 47.5071 USD
About Sovryn:
Sovryn operates in the category of decentralized exchanges and is built on the Ethereum blockchain (Contract: 0xbda…8f7a5). With a circulating supply of 37.60M and a max supply of 100.00M, Sovryn has positioned itself as a promising player in the DeFi space.
Looking Ahead:
As Sovryn continues to make waves in the decentralized exchange and DeFi arena, its recent surge is prompting the industry to take notice. Traders and investors are closely monitoring its performance, and with a robust set of statistics, Sovryn appears poised to make a lasting impact.
Connect with Sovryn:
- Website: live.sovryn.app
- Twitter: Sovryn | DeFi for Bitcoin (@SovrynBTC)
In conclusion, Sovryn’s recent performance highlights its potential as a significant player in the decentralized exchange and DeFi space. As the crypto market evolves, Sovryn’s growth trajectory will undoubtedly be one to watch closely.