Top 25 Velas Ecosystem Cryptocurrencies for April 2024

Velas Ecosystem cryptocurrencies refer to the digital assets that are native to or built upon the Velas blockchain, a high-performance, EVM/eBPF hybrid chain that aims to offer secure, interoperable, and extremely scalable transactions and smart contracts. The primary cryptocurrency of the Velas network is VLX, which is used for transactions, staking, and governance within the ecosystem. Real-world examples of projects utilizing Velas technology include BitOrbit, a decentralized social media platform that leverages Velas' fast transaction speeds and low costs to provide users with a censorship-resistant communication tool; and VelasPad, which is a launchpad designed to support new projects building on the Velas blockchain by facilitating token sales and early-stage funding. These examples showcase how Velas Ecosystem cryptocurrencies are being employed in practical applications to foster innovation and growth in the decentralized space.