Layer-1 Token Surges 30% In Weekly Gains Ahead Of Upcoming Upgrade: Outperforms Bitcoin, Ethereum

Layer-1 blockchain Kava’s native token KAVA (CRYPTO: KAVA) surged 30% in the last seven days, outperforming the top 100 cryptocurrencies by market capitalization, including apex crypto Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

Cryptocurrency Gains (+/-) Price (12:00 a.m. EST)
Kava  +30% $1.03
UNUS SED LEO +17.56% $3.93
Aptos +5% $11.77
Curve DAO Token +3.73% $0.95
Pax Gold +3.58% $1,922

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What Happened:  KAVA, on Sunday, made a major leap, surpassing Solana (CRYPTO: SOL) in total value locked. With the upcoming release of Kava 13, users will gain capabilities in protocol onboarding and scalability on Kava EVM. 

UNUS SED LEO (CRYPTO: LEO) is the second top weekly performer. Over the past week, LEO has experienced a surge of 17%. This surge can be attributed to the announcement that Hive creators will be leveraging LEO to create decentralized polls on the Hive blockchain.

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The third on the list is Aptos, posting 5% in weekly gains after launching its non-fungible token bridge on Wormhole.

Some other popular coins are experiencing gains in weekly charts, including Curve DAO Token (CRYPTO: CRV) up 3.73% and  PAX Gold (PAXG) spiked 3.58%, according to the data from CoinMarketcap. 

Price Action: BTC was trading at $22,342, down 0.24% in the last seven days. ETH was up 2.18%, trading at $1,596,  according to Benzinga Pro data.

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