Digital assets are everywhere, trending daily on different platforms. Although Cryptocurrency and blockchain technology has existed for many years now, 2020 is the year they gained enough recognition for people to try to invest in them. Between 2020 and 2022, a lot has happened in the Cryptocurrency space.
Over the years, there have been different innovations to boost the quality of Cryptocurrency and digital investments. As the major Cryptocurrency is Bitcoin (BTC), with the highest market cap and value, many Altcoins have emerged in an attempt to fix any problems that Bitcoin (BTC) has encountered. Many potential investors are searching for alternatives to Bitcoin (BTC) that can have a big impact in the near future, making their investment worthwhile. If this is you, you've come to the right place. This article highlights three Cryptocurrency projects and platforms that may improve the digital asset investment quality as the years pass. These cryptocurrencies are Ethereum (ETH), Solana (SOL), and Logarithmic Finance (LOG).
Every cryptocurrency coin that isn't Bitcoin (BTC) is regarded as an Altcoin, and Ethereum(ETH) is one of them. Ethereum (ETH) is the biggest Altcoin in the crypto market. This makes it the second-biggest cryptocurrency overall, according to the total market cap in the crypto market.
Ethereum (ETH) is a decentralized blockchain platform that uses a peer-to-peer network that executes application codes securely. This is known as smart contracts, a common term in the crypto world. Smart contracts are important as they allow traders to exchange assets without the need for a central authority. The transaction records are verifiable, immutable, and distributed securely on the network with the Ethereum (ETH)network. This gives the traders ownership and transaction data.
Ethereum (ETH) is growing rapidly for many reasons. For instance, ETH is the major currency for NFTs. NFTs are minted and traded in the Ethereum (ETH) network, making it more used. Also, many DeFi and other Cryptocurrency projects and platforms are built on the Ethereum (ETH) network due to its great perks.
Some factors concern Ethereum (ETH) users and investors, and crypto enthusiasts worldwide. Two of them include the amount of energy used by Ethereum (ETH) and the high gas fees. This is where Solana (SOL) comes in. Another Altcoin network, Solana (SOL), is a network that performs the same functions as Ethereum (ETH) and Bitcoin (BTC).
Solana (SOL) is a blockchain network that allows for building cryptocurrencies and digital currency projects. According to market capitalization, Solana (SOL) is a top-ten Cryptocurrency, and it's still relatively new. It is one of the first web-scale blockchains globally and one of the fastest networks. It is even faster than Ethereum (ETH), as its speed is 65,000 transactions per second. The Solana network and its token, SOL, were created to solve the problem of speed and gas fees on the blockchain without destroying Decentralisation or security.
Logarithmic finance (LOG) is slightly different from Ethereum (ETH) and Solana (SOL). It is a decentralized finance protocol platform built right on the Ethereum (ETH) network. Logarithmic finance (LOG) was created to provide next-generation swapping and trading DeFi protocol to allow users, early-stage innovators, and investors to connect easily and trade.
Logarithmic Finance (LOG) is a non-custodial decentralized exchange platform. It allows users to trade and swap digital assets without holding them. Also, users can lock their LOG tokens in the liquidity pool for a while to earn as they save.
As you can see, all these platforms and their tokens have huge growth potential. Logarithmic Finance (LOG) is currently running its presale. If you want to join or learn more about the presale, you can click any of the links below.
Learn more about Logarithmic Finance (LOG):
Presale:https://presale.logarithmic.finance/register
Website: https://logarithmic.finance/
Telegram: https://t.me/LOGARITHMIC_FINANCE_OFFICIAL
Twitter: https://twitter.com/LOGARITHMIC_FI
Solano (SOL):
Website: https://solana.com/
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.