Top Crypto Gainers Today Jul 26 – UMA, Aave, Azuro Protocol, Pendle

Marathon
Digital
Holdings

recently
made
waves
by
purchasing
$100
million
in
Bitcoin,
signaling
a
major
shift
back
to
holding
all
mined
Bitcoin
on
its
balance
sheet.
After
selling
its
Bitcoin
to
cover
operating
costs
during
the
bear
market,
Marathon
is
now
embracing
Bitcoin’s
resurgence.
With
Bitcoin
up
51%
this
year
and
currently
valued
at
around
$64,000,
the
company’s
move
reveals
growing
institutional
confidence.

This
strategic
pivot
highlights
Bitcoin’s
recovery
and
could
influence
other
leading
tokens
in
the
market.
Consequently,
Marathon’s
decision
reflects
broader
optimism
and
may
signal
positive
changes
in
the
crypto
market.
As
Bitcoin
continues
to
rise,
Marathon’s
bold
approach
may
set
a
new
trend
for
institutional
investment. 

Biggest
Crypto
Gainers
Today
–
Top
List

Today,
the
crypto
market
witnessed
impressive
gains,
with
UMA,
Aave,
Azuro
Protocol,
and
Pendle
standing
out.
UMA
surged
17.16%
to
$2.54,
driven
by
its
innovative,
Optimistic
Oracle
model,
which
supports
real-time
data
verification.
Meanwhile,
Aave
saw
a
14.95%
increase
to
$102.05,
buoyed
by
a
proposed
fee
switch
and
token
buyback
plan. 

Azuro
Protocol’s
token
rose
11.02%
to
$0.193946
as
it
transformed
betting
through
blockchain
technology
despite
its
higher
volatility.
Finally,
Pendle’s
token
climbed
10.68%
to
$4.01,
benefiting
from
its
unique
approach
to
yield
tokenization
and
robust
performance.
Let’s
get
the
scoop
on
how
these

top
gainers

are
driving
industry
change
and
what
this
could
mean
for
your
portfolio.

1.

UMA
(UMA)

UMA
is
an
Optimistic
Oracle
(OO),
a
powerful
Web3
tool
designed
to
record
and
verify
blockchain
data.
Unlike
traditional
models,
it
operates
on
a
“true
unless
disputed”
principle,
meaning
data
is
accepted
unless
contested.
This
approach,
developed
in
2014,
supports
various
Web3
applications.
Consequently,
it
enhances
cross-chain
bridges,
prediction
markets,
and
DAO
tooling
by
incorporating
human
judgment
into
data
verification.

As
of
late,
UMA’s
impact
has
been
evident
in
the
prediction
market
space,
particularly
through
its
support
of
Polymarket.
This
platform’s
growth
in
2024
emphasizes
UMA’s
oracle’s
ability
to
deliver
real-time
insights.
As
prediction
markets
gain
traction,
UMA’s
OO
proves
crucial
for
validating
and
settling
these
markets.
Thus,
it
highlights
the
evolving
role
of
optimistic
oracles
in
transforming
how
we
access
and
interpret
information.

In
2024,

@polymarket
has
become
more
than
just
a
prediction
market
platform.

It’s
now
a
tool
for
predicting
real-world
outcomes,
often
more
reliable
than
mainstream
media
and
polls.

As
popularity
increases,
prediction
markets
are
becoming
real-time
sentiment
trackers.
????

pic.twitter.com/iAH7GlvPQC

—
UMA
????
(@UMAprotocol)

July
24,
2024

UMA
shines
brightly,
showcasing
strong
performance
compared
to
peers,
with
its
price
skyrocketing
17.16%
to
$2.54.
This
surge,
fueled
by
a
high
liquidity
ratio
of
0.5917,
stands
out
compared
to
AAVE
and
PENDLE.
Its
impressive
growth
is
bolstered
by
a
30-day
volatility
of
just
9%,
suggesting
stability
amidst
its
upward
momentum.

UMA’s
RSI
of
58.11
indicates
a
neutral
trend,
similar
to
Aave’s
RSI
of
60.18.
However,
its
price
is
trading
47.54%
above
its
200-day
SMA
of
$1.71204.
Over
the
past
year,
UMA
has
increased
by
61%,
outpacing
Aave
but
falling
short
of
Pendle’s
extraordinary
gain.
Furthermore,
it
has
surpassed
47%
of
the
top
100
crypto
assets,
positioning
it
favorably
among
its
rivals.

2.

Aave
(AAVE)

Aave
is
a
leading
DeFi
platform
that
facilitates
cryptocurrency
borrowing
and
lending
through
smart
contracts.
Specializing
in
overcollateralized
loans,
it
ensures
users
deposit
crypto
worth
more
than
the
amount
they
wish
to
borrow.
This
safeguards
lenders
against
potential
defaults.
Aave
also
offers
Flash
Loans
for
arbitrage
and
liquidity
pools
where
users
earn
interest
on
deposits.
However,
users
must
be
cautious
of
risks
such
as
collateral
liquidation,
lack
of
insurance,
crypto
volatility,
and
potential
liquidity
shortages.

Recently,
Aave
has
been
making
news
in
the
crypto
community.
A
proposal
to
activate
a
fee
switch
and
initiate
a
token
buyback
from
the
open
market
is
in
the
spotlight.
If
passed,
this
initiative,
spearheaded
by
Aave-Chan
Initiative
founder
Mark
Zeller,
could
generate
approximately
$60
million
annually
for
AAVE
holders.
This
development
shows
Aave’s
ongoing
success
as
a
premier
DeFi
lending
protocol.

????

https://t.co/ocrf815A6X

—
Aave
Labs
(@aave)

July
24,
2024

Amidst
these
exciting
developments,
Aave’s
recent
price
movement
underscores
its
strong
market
presence.
The
cryptocurrency
saw
a
notable
14.95%
surge
in
the
last
24
hours,
bringing
its
current
price
to
$102.05.
This
uptick
is
supported
by
a
high
liquidity
ratio
of
0.4305,
which
reflects
robust
trading
activity.
With
an
RSI
of
60.18,
Aave
remains
in
a
neutral
zone,
suggesting
that
while
the
current
bullish
trend
is
significant,
the
price
may
stabilize
in
the
short
term.
Notably,
Aave
is
trading
30.75%
above
its
200-day
SMA
of
$78.04,
highlighting
its
sustained
upward
trajectory. 

3.

Base
Dawgz
(DAWGZ)

Base
Dawgz

is
generating
buzz
with
its
impressive
presale,
raising
over
$2.7
million.
This
meme
coin
is
grabbing
attention
not
just
for
its
early
success
but
for
its
unique
multi-chain
functionality.
Unlike
many
meme
coins
limited
to
a
single
blockchain,
Base
Dawgz
operates
across
Base,
Ethereum,
Solana,
Binance
Smart
Chain,
and
Avalanche.
This
versatility
makes
it
stand
out
in
the
crowded
crypto
space
and
fuels
speculation
about
its
potential
to
be
the
next
big
X100
meme
coin.

$2.7
MILLION$DAWGZ
just
keeps
pushing
and
we
don’t
let
up
????

pic.twitter.com/200LaSt3v0

—
Base
Dawgz
(@BaseDawgz)

July
26,
2024

Additionally,
the
project
has
captured
interest
through
its
innovative
features
and
community-focused
approach.
It
uses
“Wormhole
and
Portal
Bridge”
technology,
enhancing
its
trading
flexibility.
Early
backers
benefit
from
high
staking
rewards,
with
over
180
million
DAWGZ
tokens
staked
and
annual
yields
surpassing
1,100%.
Furthermore,
Base
Dawgz
promotes
community
engagement
through
social
rewards,
encouraging
users
to
share
content
and
earn
additional
tokens.
This
strategy
has
already
helped
the
project
build
a
significant
following
and
achieve
substantial
presale
milestones.

Base
Dawgz’s
multi-chain
capability
and
faster
transaction
speeds
on
the
Base
Chain
provide
greater
flexibility
and
efficiency.
For
investors
seeking
a
meme
coin
with
cutting-edge
technology
and
strong
community
support,
Base
Dawgz
represents
a
compelling
alternative.
With
its
promising
presale
performance
and
strategic
vision,


Base
Dawgz

might
just
be
the
next
big
player
in
the
meme
coin
arena.

Visit

Base
Dawgz

Presale

4.

Azuro
Protocol
(AZUR)

Azuro
Protocol
reshapes
betting
by
eliminating
intermediaries
through
its
blockchain-based
platform.
By
leveraging
smart
contracts,
Azuro
guarantees
that
every
transaction
is
both
fair
and
efficient.
As
a
result,
users
can
engage
in
various
betting
activities
through
user-friendly
apps
and
websites
integrated
with
Azuro’s
infrastructure.
Bettors
benefit
from
transparency,
while
liquidity
providers
fund
payouts
and
earn
from
the
bet-to-payout
difference.
Meanwhile,
data
providers
ensure
the
odds
are
fair
and
attractive
by
using
reliable
sources.

Moreover,
Azuro’s
Decentralized
Autonomous
Organization
(DAO)
empowers
$AZUR
token
holders
to
make
key
decisions,
fostering
a
community-driven
approach.
The
platform’s
betting
engines
handle
all
technical
aspects,
from
accepting
bets
to
calculating
wins.
Furthermore,
unique
features
like
the
Liquidity
Tree
ensure
stable
funding
and
timely
payouts.
Azuro
stands
out
by
combining
blockchain
technology
with
betting,
setting
new
standards
for
transparency
and
security.

Stake
now
to
get
from
22%
APY
and
higher
via
ZEM

The
AZUR
staking
rewards
are
generated
via
the
Azuro
Zero
Emissions
Model
(ZEM).

They
are
not
derived
from
net
new
token
emissions.

pic.twitter.com/X0HAgGfCpC

—
azuro
(@azuroprotocol)

July
24,
2024

The
AZUR
token
surged
11.02%
to
$0.193946
in
the
last
24
hours,
reflecting
heightened
investor
interest.
In
contrast
to
more
established
tokens
like
UMA
and
AAVE,
AZUR
has
a
lower
liquidity
ratio
of
0.0434.
However,
its
30-day
volatility
stands
at
34%,
indicating
a
more
dynamic
market
presence.
As
a
newer
entrant,
AZUR’s
performance
will
be
crucial
in
demonstrating
its
potential,
especially
with
unique
features
like
the
Liquidity
Tree
setting
new
benchmarks
in
decentralized
betting.

5.
Pendle
(PENDLE)

Pendle
distinguishes
itself
in
the
DeFi
world
by
tokenizing
future
yield.
This
feature
allows
users
to
sell
their
future
yield
for
immediate
liquidity
or
speculate
on
potential
returns.
Consequently,
it
offers
new
strategies
for
yield
optimization
and
suits
various
risk
tolerances.
Additionally,
Pendle’s
unique
automated
market
maker
(AMM)
for
time-decaying
assets
improves
how
users
handle
yield-bearing
assets.

Moreover,
Pendle’s
security
framework
is
robust,
featuring
thorough
audits
and
a
transparent,
open-source
codebase.
This
ensures
the
safety
of
user
funds.
Furthermore,
Pendle
supports
staking,
yield
farming,
governance,
and
liquidity
provision,
offering
diverse
ways
to
participate
and
earn.
As
Pendle
continues
to
innovate,
it
holds
potential
for
growth
in
the
DeFi
sector.
Nevertheless,
investors
should
weigh
the
associated
risks
and
conduct
careful
research
to
align
with
their
financial
goals
and
risk
tolerance.

Don’t
judge
a
pool
by
its
liquidity.

“That
pool’s
too
small”

Mayhaps.
But
backed
with
an
army
of
LIMIT
ORDERS,
it
may
just
be
able
to
absorb
your
size
size.
Comfortably
too.

Here
are
some
PT
Fixed
Yields
to
go
shopping
for
on

@pendle_fi,
WITH
SIZE
????????????

pic.twitter.com/gcXWk4m2Xn

—
Pendle
Intern
(@PendleIntern)

July
24,
2024

Over
the
past
24
hours,
the
PENDLE
token
surged
10.68%
to
$4.01,
signaling
growing
market
interest.
This
uptick
contrasts
with
the
higher
volatility
seen
in
tokens
like
AZUR,
as
it
maintains
a
more
moderate
30-day
volatility
of
14%.
Furthermore,
with
a
strong
liquidity
ratio
of
0.3261,
it
provides
a
stable
trading
environment.
Notably,
the
top
gainer

is
trading
416.54%
above
its
200-day
SMA
of
$0.778006,
illustrating
its
impressive
performance.
Additionally,
PENDLE
has
experienced
a
remarkable
398%
increase
over
the
past
year.
This
significant
growth
displays
this
project’s
innovative
yield
tokenization
approach
and
its
potential
for
continued
advancement
in
the
DeFi
space.

Read
More