Alternative coin Crypto market Rises, Driven by Efinity’s Remarkable 120% Daily Growth

Efinity EFI digital currency is experiencing a surge, gaining 120% on July 13, increasing weekly gains to over 700%. Enjin BeamBlitz and the publication of open-source documentation are fueling demand.

The crypto asset crypto market is thriving, boasting a total crypto market cap that surpasses $3.8 trillion, reaching an all-time high.

At the forefront is BTC, which after surpassing $112,000, quickly moved past $113,000 and $120,000, now setting its sights on $130,000 and $150,000 as investments continue to pour in.

This vibrant trading market landscape is evident in the outstanding performance of some of the top cryptos to buy, including Efinity and EFI (No data) crypto asset.

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EFI Crypto Soaring

Just yesterday, EFI crypto soared dramatically by 120%, driving weekly gains beyond 700% as enthusiastic buyers stepped in.

#EFI ROSE 300% TODAY

It has increased 700% within a week

How many of you possess $EFI tokens? pic.twitter.com/V0ZWolsf6Z

— Wise Advice (@wiseadvicesumit) May 21, 2025

Given the current level of market demand, EFI stands out as a leading performer, popular. It might be the next crypto to take off in 2025.

This significant price increase has spotlighted Efinity and its contribution to enhancing Web3 gaming and NFTs. Efinity utilizes Polkadot technology, specifically designed for NFTs.

Developed by Enjin, whose native crypto token ENJ is also on the rise, the Efinity distributed record is equipped with interoperability. It tackles the scalability issues that ETH faced during the 2020-2021 bull market, mainly influenced by DeFi and NFTs.

Efinity Merger with Enjin

A pivotal element fueling the EFI crypto bullish was Enjin’s redevelopment in 2023.

Since the launch of the Efinity distributed database, initiatives have aimed to optimize the chain. Originally a standalone Polkadot parachain, Efinity is now evolving toward a more integrated system within the Enjin distributed ledger.

In August 2023, Enjin and Efinity merged. The goal was to consolidate the functions of the two primary cryptocurrencies, ENJ and EFI, to establish a cohesive and scalable framework for NFTs and gaming.

In this setup, EFI was repurposed to cover transaction fees and distribute rewards.

Concurrently, ENJ supported the valuation of NFTs, offering available volume and tangible value.

Furthermore, ENJ staked in NFTs generates EFI rewards automatically, forming an attractive incentive system for holders.

Enjin’s BeamBlitz Initiative

Enjin has also been proactive with initiatives like the BeamBlitz campaign.

Through this campaign, participants can obtain NFTs by scanning QR codes using the Enjin Crypto wallet, enhancing engagement and demonstrating the user-friendly nature of Enjin’s NON-FUNGIBLE TOKEN.io marketplace.

A fresh BeamBlitz QR has arrived!

Surprise surprise, 11 Multiverse Quest items for BeamBlitz’s 11th drop!

Missed out on the main prizes from previous quests? Here’s your chance again.

Find the hidden Beam QR code on one of Enjin’s social platforms, scan it via your Enjin Crypto wallet app… pic.twitter.com/H2ghu8gXBe

— Enjin (@enjin) July 11, 2025

Enjin has also open-sourced its technical documentation, indicating ongoing advancements.

As more developers and community members tap into these resources, the activity on the Enjin and Efinity blockchains may see an increase, which could further bolster EFI prices.

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