Members of the FCAS 25 are reevaluated each month and must be ranked within the top 25 for at least 40 days to qualify. Today, a new set of members was released with LBRY Credits (LBC) and Holo (HOT) dropping out, and Zilliqa (ZIL) and Aave (LEND) joining the top echelon.
Overall industry health can be assessed by taking the average FCAS of these 25 top projects, which has gone up 10-points in the past month.
LEND’s value is also reflecting impressive growth in actual users of the lending protocol and optimism surrounding its Credit Delegation product.
Props Project, which includes the popular dating app Dating.com, migrated from a private blockchain to Algorand – a move that brought a lot of utility to Algorand’s public platform.
The overall industry average has gone up significantly this month. Ethereum 2.0 went live on TestNet; Zcash further decentralized governance; Brave brought private web browsing to iOS; and Horizen lets anyone customize their own blockchain.
MET FCAS has skyrocketed in the past two weeks due to users trading the token on DeFi protocol Uniswap. Price has increased 46.27% in the same time period.
This new upgrade is a major game changer for Augur. REP FCAS are on the rise as users swap their tokens to join the new core protocol on Ethereum.
ONT Developer Behavior increased 27-points (3.17%) in the past month with the release of Ontology 2.0 and ONT ID.
Members of the FCAS 25 are reevaluated each month and must be ranked within the top 25 for at least 40 days to qualify. Today, a new set of members was released. This month, OMG (OMG Network) is new to the list.
QTUM Developer Behavior increased 28-points in the past 10 days as the team tests the new feature due to launch on Mainnet in August.
MKR User Activity spiked 63-points in the past 2 weeks, as its community voted to include real-world assets as collateral for loans.