The most important crypto assets to follow today in the crypto world

There is no doubt that 2021 was one of the most important years for various encrypted assets, including digital currencies, tokens and more. The year has seen many ups and downs, such as Tesla’s $ 1.5 billion acquisition of Bitcoin, the first launch of the Bitcoin ETF, and PayPal’s cryptocurrency payment service.

In addition, we have seen how financial institutions like Goldman Sachs and JPMorgan have shown more interest in digital assets and how brands such as Coca-Cola and Dolce & Gabbana have launched their own non-interchangeable trademark (NFT) groups. .

Together, these factors pushed digital assets to their highest value ever, making crypto the best-performing asset class last year, despite all the volatility.

At the moment, there are expected to be more exciting developments in the crypto world. So here are the most important encrypted assets to follow right now, as they are the most important thing that currently exists in the crypto market.

Ethereum (ETH)

Ethereum is a programmable blockchain technology that allows the construction and operation of decentralized, highly secure blockchain applications. It should be remembered here that most people mean Ether when talking about Ethereum trading, as Ether is the currency created to feed the Ethereum environment and is also the second largest currency in terms of market capitalization after Bitcoin.

Ethereum can be an extremely revolutionary technology as it allows intelligent contracts to be written within blockchain code. Intelligent contracts are digital agreements that enable a wide range of applications including fixed tokens (NFT) and decentralized economics (DeFi).

Despite the huge amount of potential available for Ethereum, it is not without flaws. One of these drawbacks is that it is not as fast as other blockchain platforms, and the costs of using the platform are also high. As a result of these shortcomings, new platforms like Solama and Cardano have begun to compete vigorously with Ethereum in the crypto world.

The continued growth of non-exchangeable arguments is one of the most important factors that can push Ethereum forward at the moment. Where we saw the adoption of several large companies of these symbols, as Coca-Cola raised more than half a million dollars in charitable donations through an auction of these symbols, while Nike topped the news by buying a virtual shoe company, and in total. Sales of these symbols exceeded $ 2 billion during 2021 with higher growth expectations in the coming period.

Polygon (MATIC)

The most important crypto assets to follow today in the crypto world

Polygon is a platform that allows you to build and connect Ethereum-compatible blockchain platforms and networks. The platform is designed to solve some of the common problems of the Ethereum platform such as low speeds and high costs without compromising security. The polygon is classified as a “second tier” solution, meaning it is built on top of the Ethereum blockchain.

Scalability is one of the most important features of Polygon that puts it ahead of Ethereum in the crypto world. Polygon works in parallel with Ethereum and can process Ethereum-based transactions, but it is much faster because it processes these transactions in a separate blockchain. Moreover, transaction costs are significantly lower compared to Ethereum. Overall, the scalability of the platform makes it very attractive to developers who want to build decentralized applications.

Polygon is experiencing explosive growth of adoption due to its scalability, as it was adopted by a group of well-known companies last year. The platform also unveiled a partnership to invest $ 200 million to fund social networking projects, games and Web 3.0 applications on its network. The platform has even attracted the head of YouTube’s gaming division to join him as CEO.

Solana – Solana (SOL)

The most important crypto assets to follow today in the crypto world

Solana is a blockchain platform that aims to provide high speed transaction at low cost and without sacrificing decentralization. Similar to Ethereum, it is able to support intelligent contracts. The platform has its own cryptocurrency called SOL, which is used to pay for transactions on the platform.

Solana aims to improve blockchain scalability by using a technology that combines Evidence of Action and History Evidence. Depending on this combination, the platform can handle numbers up to 65,000 transactions per second, and by comparison, the famous payment processing company Visa can process 1700 transactions per second, while the values ​​fall to 15 to 45 transactions for the Ethereum network . .

As a result of its speed, low cost and scalability, the platform receives a lot of attention from developers. As more than 400 projects are underway on the platform, including one of the most important platforms for non-exchangeable tokens (NFT), these values ​​are expected to increase in the coming period.

Decentraland (MANA)

The most important crypto assets to follow today in the crypto world

Decentraland is a 3D virtual world platform that operates on the Ethereum blockchain. The platform has its own digital currency called MANA which is used to buy land, goods and other services in this virtual world.

Discentraland differs from other blockchain-based games in that it is not governed by a central organization. Instead of being centralized, the platform is run by an autonomous, decentralized organization that sets the policies that define how this virtual world works.

The platform is very close to the popular Roblox gaming platform (which has a market capitalization of over $ 25 billion) with the blockchain-based change and ranks as one of the most important meta-platforms that took a massive level of interest last year. . Many rushed to buy land on the platform at prices that fetched millions of dollars.

Recently, Dicentraland revealed a number of major collaborations with giant companies and even some large companies like Samsung have built digital versions of their buildings in the virtual world of Dicentraland.


The most important crypto assets to follow today in the crypto world

Like Decentraland, Sandbox is a metaverse game built into the Ethereum blockchain. Within the meta-space of the game, players can sell, buy or create blockchain assets based on the SAND cryptocurrency.

The platform offers blockchain features within the gaming world, where users are the owners of the assets they create and they can set the asking price for those assets when they sell them. Last year, the platform witnessed a tremendous increase and the number of its users increased fivefold, with a large portion of the increase that came after the metaverse noise following Facebook’s decision to change its name to Meta.

Recently, the platform has contracted with a growing number of companies and celebrities to help promote the platform. Adidas and Snoop Dogg were among the first buyers of land on the platform. Given the plans to make Sandbox available to smartphone users, it is expected to have a big rapid growth in the coming period.

All these crypto and many other assets can be bought, sold and traded through the global trading platform eToro which offers useful features like social trading and automatic repeat investment of the most successful investors on the platform.

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