Top 5 Altcoins With a Potential to Rise 50x After Ethereums Upgrade
So, with the Ethereum team getting ready for the big Dencun upgrade, which weve all been itching for, this article talks about the top 5 altcoins that could give 50x profit after this upgrade.
What is Ethereum Dencun Upgrade?
Set to go down on March 13th, the Dencun upgrade is a major tweak aimed at making Ethereum smoother to use, more secure, and able to handle a ton more transactions. We have already covered what could be the impact of this Dencun upgrade on the Ethereum prices and also on the L2 solutions.
Top 5 Altcoins
1. COTI Network (COTI)
COTI just dropped its V2 with this slick feature called Garbled Circuits, and its turning heads for its groundbreaking privacy solution. This could totally change the game when it comes to keeping transactions private on the blockchain, like setting a whole new standard for how we do things.
COTI is basically saying, Hey businesses, weve got your back! Theyre all about helping companies set up their own payment systems and make any currency digital, which can be a real time and money saver.
Think of it like this: COTIs platform is designed to make decentralized payments a breeze, so its perfect for businesses, governments, app developers, and anyone dabbling in stablecoins. Plus, its one of the first of its kind, tailor-made for handling these kinds of transactions.
This platform makes it super easy for companies to create awesome fintech products while saving time, data, and money. With COTI Pay, you can handle all sorts of payments, online or offline. Whether youre dealing with crypto, stablecoins, credit cards you name it, theyve got you covered. And guess what? They even throw in built-in financing, so you can earn some extra cash on your deposits and loans. Plus, it hooks you up with the white label payment network seamlessly. In the last one month the COTI price has increased by almost 320%.
2. Arbitrum (ARB)
Think of Arbitrum as a cool way to level up Ethereums speed and scalability. Its like a booster pack for Ethereum, using optimistic rollups to make things faster and cheaper. Plus, it gets to piggyback on Ethereums security and compatibility, which is a huge bonus.
One of the best parts? Arbitrum can handle way more transactions and charge lower fees compared to Ethereum itself. How? By doing most of the heavy lifting off-chain, keeping things running smoothly while taking some pressure off Ethereums shoulders.
Now, get ready for the Dencun upgrade because its about to shake things up, especially for roll-up protocols like Arbitrum. This upgrade is all about making things smoother and cheaper. By making data storage and transaction processing more efficient, its giving roll-ups a serious boost in value for both developers and users. And you know what that means? It could lead to more folks jumping on board and bringing in more revenue.
3. Optimism (OP)
So, check it out: Optimism (OP) is like the cool kid on the Ethereum block. Its a layer-two blockchain sitting right on top of Ethereum, taking advantage of Ethereums top-notch security. What it does is use optimistic rollups to help Ethereum grow and scale. Basically, transactions get recorded on Optimism first, but theyre ultimately locked in securely on Ethereum.
And Optimisms no small fry. Its one of Ethereums biggest scaling solutions, boasting over $896.21 million in total value locked (TVL). With a whopping 181 protocols hanging out there, big names like Synthetix (SNX), Uniswap (UNI), and Velodrome (VELO) call Optimism home.
Getting started on Optimism is pretty straightforward too. You just add the chain to your Metamask and bridge your tokens like ETH over to the L2. Easy peasy.
The Dencun upgrade is like a golden ticket for the L2 band. With the introduction of blob storage, its set to slash L2 transaction fees and boost throughput big time. This upgrade is basically gearing up L2 to go head-to-head with other Layer 1 solutions like Solana, but with lower costs and even better performance.
And you know what that means? Its going to attract some top-notch projects and a whole bunch of users from these other ecosystems, making L2 a serious contender in the game.
4. Mantle (MNT)
Say hello to Mantle Network, the powerhouse behind scaling Ethereum to new heights. Its the star player in the Mantle Ecosystem, and its all about making Ethereum bigger and better.
Whats cool about Mantle Network is its compatibility with the Ethereum Virtual Machine. This means its like a seamless extension of Ethereum itself.
Now, heres the techy bit: Mantle Networks built on a modular architecture, breaking down transaction execution, data availability, and transaction finality into separate modules. This setup lets them upgrade each piece individually, so theyre always at the cutting edge of innovation. This one of the top 5 altcoins could skyrocket after the upgrade.
5. Metis (METIS)
Metis, the Ethereum Layer-2 scaling superhero on a mission to crack the blockchain trilemma. You know, that pesky problem where blockchains cant seem to be decentralized, secure, and scalable all at once? Well, Metis is here to change that.
But thats not all. Metis is also tackling Ethereums biggest headaches: speed, cost, and scalability. Its like the ultimate problem solver for developers.
So, whats its game plan? Metis is all about empowering developers to create and manage their existing dApps smoothly. Plus, its got their backs when it comes to launching new dApps. And heres the kicker: its integrating the Decentralized Autonomous Company (DAC) framework into its Layer 2 setup. This means its not just about moving from Web 2.0 to Web 3.0 its about paving the way for a whole new era of decentralized businesses and applications.
Metis is really laying down some solid foundations for a decentralized future with its decentralized sequencer and the hefty METIS Ecosystem Fund. This sets the stage for some exciting possibilities down the road, especially after the Dencun upgrade. Keep an eye on this one of the top 5 altcoins!
Where to Buy Cryptocurrencies?
Bitget stands out as a reliable crypto exchange. It provides a user-friendly interface, making it easy for both beginners and experienced traders to navigate and make transactions at the lowest fees on the market. To get started with Bitget, you need to create an account, complete the necessary KYC procedures, and then you can begin trading a variety of altcoins available on the platform.
Read more: https://cryptoticker.io/en/top-5-altcoins-ethereums-upgrade/
Text source: CryptoTicker
