Under-the-Radar DeFi Crypto Project Surges 30% in One Week, Defying Digital Asset Market

Under-the-radar decentralized finance (DeFi) blockchain projects surged 30% this week, bucking the entire cryptocurrency market.

Reef (REEF) a layer-1, EVM-compatible blockchain for DeFi, non-fungible tokens (NFTs), and gaming is trading at $0.005001 at the time of writing, up from $0.003847 seven days ago.

The 244th largest crypto asset by market capitalization is also up more than 5% in the last 24 hours.

End of August, Binance.US Have been described Leaf.A few days later, Leaf Dropped According to a press release, Mastercard’s crypto debit card, ‘Leafcard’, will be available to customers in the UK and Europe.

The card converts a customer’s virtual currency into fiat at the time of purchase and can be used at over 90 million merchants. Cardholders can also withdraw fiat currency at some ATMs.

This week, REEF will Have been described About the Canadian virtual currency exchange Byconomy.Additionally, recent projects announced Partnership with Web3 decentralized communication protocol EPNS. This partnership will enable instant automatic notification when a Reef user’s assets are bridged through the Reef Chain.

Cryptocurrency market capitalization has fallen by nearly 3% over the past seven days. Despite the REEF price surge, it remains down more than 91% from its March 2021 all-time high of $0.057460.

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