The cryptocurrencies with the highest gains today, February 8 – Stellar, Holo, LayerZero, EOS

In the ever-evolving world of cryptocurrencies, certain digital assets occasionally attract significant attention due to significant market movements. Today, February 8, 2025, four cryptocurrencies, Stellar (XLM), Holo (HOT), LayerZero (ZRO), and EOS (EOS), have made their mark on the market.

Stellar is known for facilitating seamless cross-border transactions and aims to make the financial system more convenient and efficient. Holo provides a decentralized platform that bridges the gap between distributed applications and everyday Internet users. LayerZero is an interoperability protocol that connects different blockchain networks to achieve efficient and secure cross-chain communication.

At the same time, EOS enables developers to efficiently build and deploy decentralized applications by providing a decentralized infrastructure. Exploring the unique characteristics and recent developments of these top performing cryptocurrencies today will provide valuable insights into the changing landscape of blockchain technology.

Stellar's main goal is to connect financial institutions, payment systems, and individuals to enable seamless transfers of fiat and cryptocurrencies. By doing so, XLM solves the inefficiencies and high costs that exist in traditional international remittances.

Its standout feature is its ability to efficiently handle currency conversions. For example, if a remitter in the United States wants to pay a recipient in Germany in U.S. dollars, the network can convert the amount into its native token, XLM, which is then converted into euros for the recipient. This process eliminates the complexity and high fees often associated with cross-border transactions, promoting a more inclusive global financial ecosystem.

Its current price is $0.3253 with a 24-hour trading volume of $346 million. In the past 24 hours, the coin has experienced a small drop of about 0.5%, which is common in volatile markets.

In the fourth quarter of 2024, XLM reported an annual growth of 280%, highlighting $4.1 billion in transaction volume and $458 million in tokenized assets. Analysts predict that XLM may see a 120% increase, with a target price between $0.75 and $0.80, driven by the growth of real-world assets and low transaction fees on the network. In addition, the currency has established strategic partnerships with major financial institutions. Cooperation with companies such as MoneyGram has enhanced the credibility of XLM and promoted its adoption in the financial industry.

Holo, built on the Holochain framework, enables developers to create applications that are not only scalable and efficient, but also free from the limitations of traditional blockchain technology. Holo's main goal is to provide a platform where users can access decentralized applications directly from their web browser, eliminating the need for intermediaries and facilitating a true peer-to-peer Internet experience.

Unlike traditional blockchains that rely on a global ledger, HOT adopts an agent-centric model. This design allows each user to have an independent chain, which improves scalability and efficiency. It further eliminates bottlenecks and reduces the need for energy-intensive consensus mechanisms, making it a sustainable alternative to traditional blockchain platforms.

The price of HOT has recently dropped by 22.9%, which can be attributed to the overall market correction and investors taking profits after a period of gains, bringing its price down to $0.00154 per token. However, the huge trading volume indicates that there is still continued interest and activity in the market.

Don't forget! Join us for the Delivery Briefing Livestream on February 12th at 15:30 UTC. Have questions? Leave a comment below! pic.twitter.com/NlWIlaA2F2
— Holo (@H_O_L_O_) February 6, 2025

In June 2024, Holo announced a strategic partnership with Promether, an adaptive symbiotic platform (ASP) required to implement all network, security and anonymized code applications. This collaboration enhances HOT's security and privacy features, further consolidating its position in the field of decentralized applications.

Solaxy is a project that is changing the way transactions work on the Solana blockchain, and it is generating excitement. As Solana’s first second-layer solution, it promises increased speed, lower costs, and improved scalability, which were key factors driving its much-anticipated presale. Having already raised over $18 million in funding, investors see it as a potential game-changer in the cryptocurrency space.

This surge in interest is more than just hype; Solaxy is solving real problems. By alleviating congestion and optimizing transaction efficiency, it offers a solution that could change the way developers and users interact with the Solana ecosystem. For those looking to invest early in promising blockchain innovation, SOLX is an opportunity worth considering.

This innovation improves the user experience and positions SOLX as a key player in the blockchain scalability space. The large amount of funds raised during the presale highlights investors’ confidence in SOLX’s potential. As the project approaches launch, many are eager to see how it will impact the wider cryptocurrency landscape.

For those looking to invest in cutting-edge blockchain solutions, SOLX presents a compelling opportunity. Its focus on improving transaction efficiency and scalability addresses pressing challenges in the cryptocurrency space, making it a project worth watching.
Visit Solaxy presale.
By addressing the challenges of fragmented liquidity and siloed ecosystems, LayerZero facilitates the development of omnichannel decentralized applications (dApps) that can run across multiple blockchains.

It uses an immutable base protocol with incremental verification contracts and fully configurable off-chain validators. This architecture provides unparalleled flexibility and scalability, allowing developers to build scalable and secure applications without sacrificing decentralization.

Henlo, in addition, LayerZero is now live on @Berachain.
ooga booga https://t.co/eyWXps7v0spic.twitter.com/yBPA9jUxXA
— LayerZero (@LayerZero_Core) February 6, 2025

The coin has experienced a slight drop of about 2.46% over the past day and is now trading at around $2.66 per token. The current market cap is around $292 million, making it one of the top cryptocurrencies by market cap.

In January 2025, ZRO announced a partnership with Tether to launch USDT0, a multi-chain version of the Tether USD (USDT) stablecoin. This aims to enhance the interoperability of stablecoins across various blockchain networks.

EOS is a platform designed to address the limitations of early blockchain networks, particularly in terms of scalability and transaction costs. It provides a decentralized infrastructure that enables developers to efficiently build and deploy decentralized applications (dApps).

It uses a delegated proof-of-stake (PoS) consensus mechanism, which significantly improves transaction speed and network scalability. This design enables the platform to handle high transaction volumes per second, suitable for large-scale dApps.

EOS is trading at around $0.5834 with a trading volume of $128.6 million. The current market cap is around $900 million, making it one of the top cryptocurrencies by market cap. However, over the past week, EOS has lost around 26.7%.

EOS has been gaining momentum recently through various important partnerships and integrations. Improvements to the coin’s scalability and performance have been noted, which has aided its growing adoption.