The Avalanche ecosystem is quickly becoming a focal point for innovative, fast, and cost-effective applications in the ever-changing realm of decentralized finance and blockchain technology.
While mainstream investors often gravitate toward high-market-cap projects, there is a rising curiosity surrounding smaller, lesser-known tokens thriving in this vibrant network.
These niche assets, frequently trading below a $10 million market cap, present unique opportunities—whether through innovative DeFi mechanisms, GameFi features, or infrastructure applications.
Diving into these hidden gems reveals the grassroots innovation that drives the Avalanche ecosystem’s growth from the foundation upwards.
Note: The following list is presented in no specific order. All information is sourced from CoinMarketCap.
TRUSTSWAP (SWAP)
Founded in July 2020, TrustSwap is a multifaceted Web3 ecosystem dedicated to creating secure infrastructure for blockchain developers and communities.
The TrustSwap Launchpad stands out as a premier Launchpad and IDO service, achieving the top ranking on Cryptorank in 2023 for both All-time High Returns and Average Returns.
With over 55 projects launched and more than $70 million raised, TrustSwap is also the parent company of The Crypto App and Team Finance, providing a suite of multi-chain services such as crypto portfolio tracking, token and liquidity locks, minting, staking, and vesting-as-a-service.
- Price: $0.09991
- Market cap: $9.99M (2.42%)
- Volume (24h): $1.86M (399.27%)
- Vol/Mkt Cap (24h): 18.27%
- Total supply: 99.99M SWAP
- Circulating supply: 99.99M SWAP
Exchanges: Uniswap v2 (WETH/SWAP), MEXC (SWAP/USDT)
BITSCRUNCH (BCUT)
The blockchain analytics and forensics area is often dominated by centralized systems that are limited by their financial objectives.
This centralization not only hinders vital insights for emerging decentralized Web3 projects but also blocks innovative advancements. bitsCrunch is a decentralized, AI-enhanced data network that provides exceptional analytics and forensic data for NFTs, wallets, and other digital assets on the public blockchain.
With user-friendly APIs, this platform sets the stage for various application developments. bitsCrunch’s community-driven approach allows individuals to contribute code or content, thereby continuously improving the network’s capabilities.
- Price: $0.01698
- Market cap: $8.88M (2.17%)
- Volume (24h): $1.2M (11.48%)
- Vol/Mkt Cap (24h): 13.48%
- Holders: 9.14k
- Total supply: 1B BCUT
- Circulating supply: 522.91M BCUT
Exchanges: Bybit (BCUT/USDT), Gate (BCUT/USDT)
REN (REN)
Ren (REN) is an open protocol designed to facilitate interoperability and liquidity between various blockchain platforms. Originally known as Republic Protocol, Ren introduced RenVM, its virtual machine mainnet, in May 2020 following a $34 million initial coin offering (ICO) in 2018.
The native token, REN, serves as a bond for those operating the nodes known as Darknodes that power RenVM. Ren’s goal is to enhance the interoperability and accessibility of decentralized finance (DeFi) by eliminating obstacles to liquidity across blockchains.
- Price: $0.008774
- Market cap: $8.76M (4.47%)
- Volume (24h): $815.12K (3.75%)
- Vol/Mkt Cap (24h): 9.22%
- Holders: 61.66K
- Total supply: 999.99M REN
- Circulating supply: 999.33M REN
Exchanges: MEXC (REN/USDT), Gate (REN/USDT)
NEXERA (NXRA)
Nexera’s robust omnichain technology, grounded in principles of standardization and interoperability via ERC-7208, simplifies the digitization of real-world assets (RWAs) and unlocks access to trillions in liquid, transferable tokenized assets.
Nexera facilitates seamless market entry for builders and businesses into regulated environments, fostering smoother transitions and promoting the broader adoption and expansion of RWAs.
With products registered as a Virtual Asset Service Provider (VASP) and affiliations with key regulatory bodies like the Qatar Financial Centre Authority (QFCA) Regulatory Sandbox, Nexera is at the forefront of regulatory compliance innovation.
Moreover, Nexera enhances the utility of the $NXRA token to strengthen its community and the broader ecosystem. Its commitment to governance, open-source development, and community-driven innovation encourages collaboration and growth throughout the network.
- Price: $0.008323
- Market cap: $8.6M (2.86%)
- Volume (24h): $107.85K (39.62%)
- Vol/Mkt Cap (24h): 1.28%
- Holders: 20.65K
- Total supply: 1.14B NXRA
- Max. supply: 2B NXRA
- Circulating supply: 1.03B NXRA
Exchanges: Uniswap v3 (Ethereum: NXRA/WETH), MEXC (NXRA/USDT)
TAROT (TAROT)
Tarot is a decentralized, multi-chain lending protocol, allowing users to engage as lenders or borrowers within distinct lending pools. It is currently active on several chains including Fantom, Optimism, Arbitrum, BNB Chain, Ethereum, Kava, Canto, Polygon, Avalanche, zkSync Era, and Base.
Lenders can provide tokens to any pool within the Tarot Protocol to earn passive yields without the risk of impermanent loss. Borrowers can deposit LP tokens into a lending pool to secure additional tokens within the token pair.
This enables borrowers to leverage their LP tokens for acquiring more LP tokens, enhancing their capacity for yield farming and liquidity provision rewards.
- Price: $0.1115
- Market cap: $7.55M (3.48%)
- Volume (24h): $48.42K (229.52%)
- Vol/Mkt Cap (24h): 0.6892%
- Holders: 72.01K
- Total supply: 100M TAROT
- Max. supply: 100M TAROT
- Circulating supply: 67.7M TAROT
Exchanges: Aerodrome Finance (WETH/TAROT), THENA (USDT/TAROT)