Polkadot aims to enable different blockchains to transfer messages and value in a trust-free fashion. With its innovative approach to interoperability, Polkadot is another crypto that may boom in future. Polkadot’s unique sharding technology allows it to process multiple transactions simultaneously, improving speed and reducing congestion. It is predicted to range from $30 to $80 in 2025. #crypto
LINK is a highly liquid cryptocurrency with a strong market cap and availability on all major cryptocurrency exchanges. While it has shown strong growth over the past 6 months, it is still only at about 25% of its all-time-high in 2021. However, as a backbone infrastructure for all of web3 we believe it is likely that an overall growth of the market will impact Chainlink immensely, as the demand for their services should increase. The Chainlink protocol is designed to enhance the security and decentralization of smart contracts on various blockchain platforms. Its primary use case is as a decentralized oracle network that enables blockchains to securely interact with external data feeds, events, and payment methods. It functions as the foundation for many dApps, especially in the DeFi sector. The demand for LINK is intrinsically tied to the usage of Chainlink’s services. the total supply of LINK, which is a point of discussion in the community concerning its long-term value. #crypto
List of the best cryptocurrencies to invest in September 2024: Bitcoin – Decentralized peer-to-peer cryptocurrency Helium – Decentralized wireless network infrastructure Polygon – An ecosystem of layer 2 Ethereum scaling solutions Ethereum – The leading blockchain for smart contracts Solana – High-performance blockchain platform for smart contracts Toncoin – A blockchain closely integrated with the Telegram messenger XRP – Highly efficient digital currency Kaspa – Scalable layer1 blockchain based on BlockDAG architecture BNB – A popular cryptocurrency utilized in the Binance ecosystem Uniswap – The biggest DEX on Ethereum Arbitrum – Leading Ethereum layer 2 blockchain Maker – A key decentralized finance project #crypto
Aave (AAVE -6.3%) is a DeFi protocol and lending platform that allows users to lend and borrow cryptocurrency. Everything is done with smart contracts, so there's no intermediary required. Users can earn interest on the digital assets they lend. Aave has liquidity pools for many popular cryptocurrencies, such as Tether (USDT -0.02%) and DAI (DAI 0.0%). One reason Aave could be a long-term winner is that in addition to crypto lending, it has expanded into real-world assets, partnering with Centrifuge. As part of that partnership, Aave has built a real-world asset (RWA) market that allows companies to tokenize parts of their businesses. Investors can buy tokens offered by those businesses, and the issuers of the tokens can then borrow stablecoins against their assets. #crypto
Cryptos that could boom in 2024 include Render Token (a rendering network) and Solana. Bitcoin and Ethereum could also be poised for strong performances in 2024, thanks to the SEC's approval of Bitcoin ETFs and Ethereum ETFs. #crypto