The Chronoly project has been in demand as investors see an opportunity to bridge the old world of investing with the new.
The project incorporates a decentralized marketplace for investors to trade and authenticate luxury blue-chip watches.
The Elrond network has seen increased investor interest from whales and retail players in the past few weeks. Added investor interest is seeing a wave of new users on the blockchain.
Elrond (EGLD) stated that it had welcomed 1.63M accounts representing 45.98M transactions and 12.44M staked EGLD tokens.
Stellar Lumens (XLM) was previously a rock in the top ten cryptocurrencies but has since slipped to number 25.
The project is now looking to rebuild its market cap and climb higher with new developments fuelling gains.