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Layer-1 Hybrid Blockchain Token Rallies 10% In A Week, Leaving Bitcoin, Ethereum, Dogecoin In The Dust

XDC Network (CRYPTO: XDC) has rallied over 10% in the past seven days, trading at $0.027, recorded on Monday at 12 a.m. EST.

What Happened: Apex cryptocurrency Bitcoin (CRYPTO: BTC) gained 0.88% over the past seven days, struggling to hold the $17,000-mark, while Ethereum (CRYPTO: ETH) was up over 3.10% and Dogecoin (CRYPTO: DOGE) declined by 2.17% during this period. 

Cryptocurrency Weekly Performance Price (Monday, 12.00 am EST)
XDC Network +10% $0.027
Litecoin +9.64% $68.95
Helium +8.48% $1.90
OKB +5.96% $23.04
Cronos +5.80% $0.059


See More: Best Crypto Day Trading Strategies

XDC Network is consistently outperforming the market in terms of its underlying development activity. According to data from Santiment, a crypto analytical platform, XDC's Development Activity is at one of the highest points of the year, and if the current trend continues, it could potentially reach a new all-time-high before the end of 2022.

The second on the list is Litecoin Network (CRYPTO: LTC), which is up 9.64% in the past seven days. Litecoin is rapidly gaining traction in North America, the EMEA region, Asia-Pacific and Latin America.

Monthly Litecoin payments have increased by an impressive 109% in just one year, ranking second as the leading payment choice worldwide, according to a blog post by BitPay. 

The third on the list is Helium (CRYPTO: HNT) which recorded an 8.48% spike. OKB (CRYPTO: OKB) was fourth on the list, gaining 5.96% and Cronos (CRYPTO: CRO) was last, up 5.80%, in the past seven days.
Read Next: Bitcoin, Ethereum Muted, Dogecoin Spikes: No Signs Of 'Santa Claus' Rally As Analyst Says Tech Rout Behind Risk-Off Mood

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