The value of the cryptocurrency increased in March by 347%. See the highs and lows

Cryptocurrency Waves (Symbol: WAVES) recent initiatives ensured the best-ever performance in the digital sector in March. According to a monthly survey by crypto asset manager QR Asset, its valuation is 347.56%.

At the other end of the list is Fantom (Code: FTM), which already underperformed in February. It saw another drop of -26.99%.

According to Theodoro Florey, Director of QR Asset Management, Waves’ surge was driven by the move to Waves 2.0 (compatible with the ethereum network), the partnership with the Allbridge protocol (which allows assets to be transferred between different networks) and the new $150 million fund to invest in DeFi ( decentralized finance).

Waves is a Russian cryptocurrency created by a Ukrainian. By mid-March, she had 100% worth, driven by the Russo-Ukrainian war.

Already fall phantom The departure of an important leader from the decentralized financial landscape could have been driven by: Andre CrownFounder I miss finance. He was creating a new protocol running on the Fantom Network.

Cryptocurrencies that rose in value the most in March

• waves (waves): R$83.72 to R$374.71 (+347.56%)
• Thorschen (running): R$ 20.56 to R$ 56.17 (+ 173.11%)
• Ethereum Classic (ETC): R$156.89 to R$224.27 (+42.95%)
• VeChain (VET): R$ 0.26 to R$ 0.37 (+ 38.51%)
• Near Protocol (NEAR): R$50.17 to R$63.11 (+25.8%)

Cryptocurrencies that fell the most in March

• Phantom (FTM): From R$ 9.15 to R$ 6.68 (-26.99%)
• Decentraland (MANA): From 14.64 R$ to 12.37 R$ (-15.46%)
• Cosmos (Atom): From R$ 161.27 to R$ 136.55 (-15.33%)
• Clay (clay): R$ 6.37 to R$ 5.50 (-13.67%)
• Polygon (Matic): From R$ 8.29 to R$ 7.66 (-7.67%)