Polkadot (DOT) has emerged as 1 of the top-choice blockchain networks over the by 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 take seen a heave in their token prices over the by few months.

Ren (REN), Bounding main Protocol (OCEAN) and the Celer Network (CELR) are 3 such projects that have led the way in facilitating cross-chain interoperability between networks, resulting in healthy increases to the number of agile token holders and each projection's trading volume.

REN/USDT

Ren is an open blockchain protocol that was specifically designed to provide interoperability and liquidity between a big number of separate blockchains, including Ethereum, Bitcoin (BTC) and Polkadot.

Collaboration with the Polkadot network began dorsum in July 2020, when information technology was announced that Ren would partner with the Acala network (ACA) to help bring Bitcoin to the DOT ecosystem.

REN/USDT 4-hour nautical chart. Source: TradingView

At the time of the announcement, REN was trading at an boilerplate price of $0.15 and has since surged to a loftier of $1.80 on February. 20 as further integrations with other blockchains like Dogecoin and Digibyte accept helped propel the price of REN higher.

Ocean/USDT

Ocean protocol is a blockchain-based ecosystem that helps users unlock the value of data and monetize it through the creation of data tokens, which wrap data sets and allow 3rd-parties to perform operations utilizing the data in a secure manner.

This enables publishers to monetize their data while preserving privacy and control. The network also gives consumers an easier fashion to admission previously unavailable data.

Discussions of Ocean edifice on superlative of Polkadot began back in July of 2020 and the start confirmed integration came on January. 25, 2021, when Ocean announced that information technology was partnering with the Polkadot-based Moonbeam network (GLMR) to permit users of the Polkadot ecosystem to publish, stake, and purchase information.

OCEAN/USDT 4-hour nautical chart. Source: TradingView

Over the following months, new partnerships and cantankerous-concatenation announcements were revealed and OCEAN proceeded to rally 250% to a new all-time high at $ane.69 on March seven.

CELR/USDT

Celer Network is a layer two scaling platform designed to "bring interactive, secure and depression-cost applications to every blockchain" according to the project'south website. The goal of the platform is to enable users to build, operate and apply scalable DApps "through innovations in off-chain scaling techniques and incentive-aligned crypto-economics."

CELR'southward integration with the Polkadot ecosystem was announced on Jan. 19 when the project released its state aqueduct substrate model which supports layer-2 scaling and instant payments on Polkadot.

CELR/USDT iv-hour nautical chart. Source: TradingView

Since that time, the price of CELR has increased 240% from a low of $0.019 on Jan. xix to an best high of $0.067 on March fifteen as layer-2 solutions continue to gain traction for offering alternatives to loftier transaction costs on Ethereum.

As the cryptocurrency bull market continues to develop and the Ethereum network struggles with congestion and high fees, Polkadot-related projects that offer cross-concatenation solutions and venture into the realms of decentralized finance and NFTs are well-positioned to meet farther adoption and cost appreciation.

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