The crypto industry is advancing rapidly, with new and improved technologies emerging every year. When it comes to the top cryptocurrencies for the future, it is necessary to understand how the crypto market works and the role of each cryptocurrency in it.
To make a profit from your cryptocurrency investment, you must understand what each cryptocurrency is used for and whether or not it has an actual use case in the real world. If crypto does not have a real use case in the real world, then there is no point in investing in that particular coin. There are many different types of cryptocurrencies on the market today, and they are all competing with one another for market share.
Web 3.0 is a term used for the third generation of internet-based services that collectively comprise what might be called ‘the intelligent web’ or ‘the semantic web’ — services that exploit the network effect by combining the information made available by the linked data on the World Wide Web. The best coins in Web 3.0 are the easiest to use while guaranteeing the best results.
Uniswap
Uniswap is the first automated market maker (AMM) where users can swap their ERC20 tokens without needing to interact with an order book or pay fees to a broker.
It has no order book and does not require participants to deposit funds into the exchange in advance. Instead, Uniswap uses a constant product formula where liquidity providers lock up funds for proportional ownership of the pool.
Cosmos
Cosmos (ATOM) is the most popular name on this list. It was introduced in 2016 and now stands at position 10 in the crypto market. Cosmos aims to create an Internet of blockchains, a decentralized network of independent parallel blockchains powered by BFT consensus algorithms like Tendermint consensus. It is an open-source platform built with a focus on interoperability – a first step towards solving blockchain’s scalability and usability issues. The native crypto coin of Cosmos blockchain is called Atoms (ATOM).
Since its Mainnet launch, it has become quite popular because of its unique ability to connect different blockchains. The Cosmos Hub is the first blockchain connected via IBC (Inter-Blockchain Communication) protocol that helps other connected blockchains communicate and interact without any hindrances.
Tron (TRX)
Launched in 2017, Tron is one of the largest blockchain-based operating systems in the world. The native currency of the Tron blockchain is called Tronix (TRX). It started as an ERC20 token on top of the Ethereum blockchain but later migrated to its own public blockchain. The company has focused on creating a free content entertainment system by allowing content creators and consumers to interact directly, eliminating the need for third parties. With almost 4 million active accounts, Tron is already a significant player in the blockchain industry.
Solana (SOL)
Founded in 2017, Solana is a high-performance blockchain that can process 50,000 transactions per second with a 400-millisecond finality time. The Solana Protocol was designed from scratch to be an alternative to Ethereum. By offering users lower fees, faster transactions, and higher scalability, it aims to become one of the top blockchains for decentralized applications (dApps).
