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Cryptocurrency News Articles

Top Crypto Gainers Today – Algorand (ALGO) Reaches a New Milestone by Powering Real-World Applications

Apr 19, 2025 at 09:25 pm

As blockchain technology continues to grow, usability remains a significant challenge. Many platforms struggle with complex processes, making it hard for everyday users to engage with decentralized services.

As blockchain technology continues to grow, a significant challenge remains: usability. Many platforms struggle with complex processes that make it hard for everyday users to engage with decentralized services. With increasing interest in decentralized finance (DeFi) and other blockchain-based applications, there’s a pressing need for solutions that simplify user interaction while maintaining security and scalability.

Tokens such as EigenLayer, Jito Network, Kadena, and Algorand, among today’s top crypto gainers, tackle this challenge head-on. EigenLayer has reached a significant milestone by officially launching slashing on its mainnet and completing its feature set. Kadena is enhancing its platform with new features to improve its users’ experience. Jito Network has partnered with Major League Pickleball’s LA Mad Drops, bridging the gap between crypto and mainstream culture by using sports to promote wider adoption. Meanwhile, Algorand is powering real-world applications like NFT tickets for the FIFA World Cup. These tokens are making blockchain more practical and accessible in daily life.

Biggest Crypto Gainers Today – Top List

EigenLayer enables users to retake ETH or LSTs to secure multiple decentralized services, strengthening crypto-economic security with a shared trust network. Jito Network provides liquid staking for SOL and MEV products, allowing users to stake SOL while earning additional rewards from MEV transaction revenue. Kadena is a proof-of-work blockchain that blends Bitcoin’s security with scalable, multi-chain infrastructure for efficient transaction processing. Algorand is a decentralized blockchain focused on speed, scalability, and security. It processes millions of transactions daily, using its native token, ALGO, for transactions and rewards. Let’s dive into why these tokens are today’s top crypto gainers.

1. EigenLayer (EIGEN)

EigenLayer is a pioneering protocol on Ethereum that introduces the concept of restaking, allowing users to reuse their staked ETH or Liquid Staking Tokens (LSTs) to secure multiple decentralized services. This approach consolidates cryptoeconomic security across the ecosystem, reducing fragmentation and enabling a shared trust network for new services without independent security infrastructure.

At the core of this system is the EIGEN token, a universal work token designed for intersubjective validation — tasks that may not be provable on-chain but can be agreed upon by multiple external observers. EIGEN enables staking, incentivizes validators, and powers Actively Validated Services (AVSs), expanding the range of secure on-chain and off-chain tasks. Together, EigenLayer and EIGEN foster a flexible, permissionless environment for decentralized innovation.

EIGEN is priced at $0.8340, reflecting a 3.62% increase in the last 24 hours and a 2.90% gain over the past week. The token’s daily range has seen a low of $0.7995 and a high of $0.8385. As interest in EigenLayer and restaking continues to rise, EIGEN shows steady momentum, drawing attention from developers and investors.

Slashing goes live on mainnet today! 🥳

The protocol is now feature-complete.

Programmable trust is no longer a concept. It’s code.

Let’s talk about what this unlocks & why it matters. 🧵 pic.twitter.com/xCsZXyFu67

— EigenLayer (@eigenlayer) April 17, 2025

EigenLayer has officially launched slashing on its mainnet, marking a significant milestone as the protocol becomes feature-complete. This introduces opt-in accountability for retakers and developers, further reinforcing trust across the ecosystem.

With slashing live, EigenLayer moves from concept to a fully operational infrastructure, giving developers a robust framework for building verifiable and reliable Web3 systems. It’s a key advancement for programmable trust—now not just an idea but live code powering decentralized innovation.

2. Jito (JTO)

Jito Network is a key player in the Solana ecosystem, offering a liquid staking solution and a suite of MEV (Maximal Extractable Value) products. Through JitoSOL, users can stake their SOL while retaining access to DeFi opportunities and earning extra rewards from MEV transaction revenue. This feature sets JitoSOL apart from traditional staking options.

To make MEV extraction more fair and transparent, Jito developed an open-source validator client that enables in-block auctions where traders bid to capture MEV. The JTO governance token allows the community to shape decisions around staking fees, delegation strategies, and protocol development. Jito strengthens Solana by improving staking liquidity, optimizing transaction order flows, and promoting a decentralized governance model.

Jito (JTO) is trading at $1.64, marking a 4.33% increase in the past 24 hours. It fluctuated between a low of $1.58 and a high of $1.67 during the day. As a liquid staking solution on Solana

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