Overlooked DeFi Altcoin Skyrockets Over 720 in a Week

An altcoin from the decentralized finance (DeFi) sector has outperformed the entire crypto market by a large margin over the past seven days as the project gears up for its next phase. BarnBridge (BOND) is a cross-platform risk management protocol aiming to allow users to minimize the risks associated with DeFi. BOND, BarnBridge’s ERC-20 token used for governance and staking, skyrocketed this week from a low of $2.94 to a high of $24.11, marking a surge of over 720% in just seven days. The rally comes in anticipation of the project’s latest update.