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Polkadot integration sparks rallies in REN, OCEAN and CELR price

Projects facilitating cross-chain integration with the Polkadot ecosystem have rallied to new highs while the Ethereum network continues to struggle with high fees.
Polkadot (DOT) has emerged as one of the top-choice blockchain networks over the past year thanks to its focus on facilitating interoperability between separate networks, especially Ethereum (ETH). As a result of Polkadot’s rise to prominence, projects that have embraced the concept of interoperability and joined the Polkadot ecosystem have seen a boost in their token prices over the past few months.Ren (REN), Ocean Protocol (OCEAN) and the Celer Network (CELR) are three such projects that have led the way in facilitating cross-chain interoperability between networks, resulting in healthy increases to the number of active token holders and each project’s trading volume. REN/USDTRen is an open blockchain protocol that was specifically designed to provide interoperability and liquidity between a large number of separate blockchains, including Ethereum, Bitcoin (BTC) and Polkadot. Collaboration with the Polkadot network began back in July 2020, when it was announced that Ren would partner with the Acala network (ACA) to help bring Bitcoin to the DOT ecosystem. REN/USDT 4-hour chart. Source: TradingViewAt the time of the announcement, REN was trading at an average price of $0.15 and has since surged to a high of $1.80 on Feb. 20 as further integrations with other blockchains like Dogecoin and Digibyte have helped propel the price of REN higher. OCEAN/USDTOcean protocol is a blockchain-based ecosystem that helps users unlock the value of data and monetize …
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