In the world of cryptocurrencies, where Bitcoin and Ethereum attract the most attention, there are many lesser-known projects that may prove to be extremely promising. Here are three cryptocurrencies that are gaining momentum and could bring significant returns in the future.
1. Elrond (EGLD)
Elrond is a blockchain platform that focuses on speed and scalability. Thanks to its unique Adaptive State Sharding technology, Elrond is capable of processing up to 15,000 transactions per second, making it one of the fastest blockchains on the market. The project also stands out for its low transaction costs and eco-friendly approach to mining. Elrond is gaining popularity thanks to partnerships with various companies and a growing DApp ecosystem.
2. Polygon (MATIC)
Polygon, formerly known as Matic Network, is a scaling solution for Ethereum that aims to improve transaction speeds and reduce costs on the blockchain. With Polygon, developers can build efficient and scalable applications, which contributes to its growing popularity. The project has already gained the trust of many large technology companies and institutional investors. Its growing adoption in the Ethereum ecosystem makes it one of the most promising projects in the DeFi space.
3. Hedera Hashgraph (HBAR)
Hedera Hashgraph is a project that uses a unique distributed ledger technology called hashgraph. It is considered faster, fairer, and more secure than traditional blockchains. Hedera is gaining recognition for its ability to handle a large number of transactions per second and its support for smart contracts. What's more, the project is managed by a Governing Council consisting of global leaders in various industries, which adds to its credibility and stability.
Summary
Investing in lesser-known cryptocurrencies involves risk, but also the potential for significant gains. Elrond, Polygon, and Hedera Hashgraph are just a few examples of projects that, thanks to their unique technology and growing adoption, could increase in value in the coming years.
