Solana, which works with a combination of proof-of-stake and proof-of-history mechanisms, has delivered great returns for investors. Be it decentralized finance (DeFi), decentralized applications (DApps) or smart contracts, Solana has you covered. Solana became so popular in the last few years, that few brands adapted it as a payment option. Facebook, Instagram, TikTok services with Crypto are already visible and the trend is going bigger. You can even pay for groceries with Solana in many markets.
Cardano is very similar to Ethereum. The Cardano project is certainly among the top three on the list of promising cryptocurrencies 2023. Interestingly, the founder and creator of Cardano, Charles Hoskinson, is also the co-founder of ethereum. Cardano has also developed smart contracts for its composition, and about 5% of the DeFi project is built on Cardano. While ethereum has the first-mover advantage, Cardano uses the proof-of-stake approach and is the first public blockchain to do so. Proof-of-Stake is important because it allows anyone to stake their coins and become a validator, eliminating the role of miners and thus increasing transaction speed per second and lowering the cost of gas fees. Cardano is the first blockchain platform to evolve from scientific philosophy that takes a research-driven approach.
Whales also like game currency, and Decentraland is an example. Decentraland has emerged as one of the top tokens in the metaverse and is currently held by some of the richest ETH whales. This can help you and educate you ion forex trading sessions
Sweatcoin is a free to install smartphone app available on Android, Windows and iOS. The project has a very interesting future and that is why it is among the promising cryptocurrencies 2023. The app tracks the steps you take in a day, just like any other tracking app. The user earns 1 Sweatcoin every thousand steps. The SWEAT cryptocurrency is the native currency of the Sweatcoin project that you earn with your movement. Sweatcoin, an application that pays users for physical activity, was the most downloaded in Brazil on May 1st. Sweatcoin is premised on encouraging users to exercise through remuneration. It works in conjunction with apps like Google Fit and Apple’s Health to access step count data.Polkadot (DOT)
Another Ethereum killer, Polkadot ( DOT ) also has a good projection for 2022. Launched in 2016 by an Ethereum co-founder, the crypto emerged with the aim of bringing greater scalability to the market. In 2021, it ended the year with a record increase of 187.40% and is now among the top 10 positions in the global cryptocurrency ranking.