The crypto research institute also noted that CRV accounted for recent transactions that passed through Decentralized Exchanges .
Besides the uptick, CRV’s price action has been impressive. On 28 July, CRV skyrocketed from $1.27 to $1.51. However, there has been a slight downfall in its price at the time of this report. At press time, CRV traded at $1.41. Additionally, the Relative Strength Index further stood above the 50 level after witnessing a slight drop in the last 48 hours.While CRV has an excellent potential to increase its rally, it could also retrace before going on an uptrend.
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