In the entire cryptocurrency network, there are three major spaces that have been observing high gains and performances ever since their inception. These networks have managed to generate high gains for the users and their demand has increased over time.
Among the three major networks, the first one is Decentralized Finance (DeFi) which is currently the most adopted network in the entire crypto-space. The overall valuation of the decentralized finance sector currently stands at $129,366,743,790. When it comes to the average daily trading volume for decentralized finance, it currently stands at $7,457,149,644.
The three major cryptocurrencies currently being offered within the decentralized finance space include Terra (LUNA), Avalanche (AVAX), and Wrapped Bitcoin (WBTC).
As of now, Terra ranks as the 9th largest cryptocurrency in the entire crypto-verse with a market capitalization that is worth $20,604,695,896. The 24-hour trading volume for Terra currently stands at $935,783,802. The unit price of Terra currently stands at $51.91 per LUNA.
The second top cryptocurrency within the DeFi network is Avalanche (AVAX). As of now, AVAX has a market capitalization that is worth $19,184,414,907. As for the 24-hour trading volume, the current figure for AVAX is around $712,135,990. Avalanche’s current unit price is $78.01 per AVAX.
The third top DeFi cryptocurrency is Wrapped Bitcoin (WBTC) with a valuation that is worth $11,017,882,058. The 24-hour trading volume for WBTC is currently at $113,224,674. At the time of writing, Wrapped Bitcoin is trading at a price of $42,061.08 per WBTC.
The second major space within the crypto-verse is Non-Fungible Token (NFT) which currently has an overall valuation of $42,124,630,630. The average trading volume for the NFT space currently stands at $7,387,099,707.
The first major cryptocurrency within the NFT space is Decentraland (MANA) which currently has a valuation of $5,047,869,548. As for the trading volume, it currently stands at $543,923,740 and it has a unit price of $2.75 per MANA.
The second major cryptocurrency is The Sandbox (SAND) which currently has a valuation of $4,076,874,780. The trading volume for SAND currently stands at $3.92 per SAND, and its trading volume currently stands at $771,064,791.
The third major cryptocurrency is Theta Network (THETA) which currently has a valuation of $3,511,858,440. The trading volume for THETA currently stands at $329,824,962. The unit price for THETA is $3.51.
The overall valuation for the Metaverse space currently stands at $2,726,354,262. The top cryptocurrency within the metaverse is Axie Infinity (AXS) with a valuation of $3,433,249,013. Then is Enjin Coin (ENJ) which has a valuation of $1,456,475,136, followed by WAX (WAXP) which has a valuation of $651,174,076.
All of the above-mentioned cryptocurrencies are currently among the most preferred and highly invested assets within the entire crypto-verse. They are constantly growing larger and with time, their adoption is expected to grow tremendously.