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RootData Top 50 Project Ranking Surge: Kernel Protocol ranks first, OpenTrade ranks second

RootData Top 50 Project Ranking Surge: Kernel Protocol ranks first, OpenTrade ranks second

Bitget2024/11/26 10:51

According to the data from the Web3 asset data platform RootData, as of 18:00 on November 26th, Kernel Protocol has risen by 1099 places and is now ranked first. OpenTrade has moved up by 950 places and is now in second place. Thena has climbed up by 815 positions and is currently third.

Additionally, RootData shows that Kernel Protocol is a re-pledging protocol that allows users to deposit any assets into the platform to provide reducible security for various products and services built on Karak, such as data availability layers, blockchains, oracles etc. Kernel Protocol proposes a solution - creating Liquidity Re-Pledge Tokens (LRT) composed of indices of each major asset category on Karak.

It's reported that RootData launched its first "Web3 Hot Project Ranking". This popularity ranking uses real user behavior data from 4.3 million instances to help users capture real attention pulses and improve their investment decision accuracy. The rankings are calculated in real-time based on factors like search frequency by platform users, project click volume, user votes as well as heat and influence of X platform.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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