Junaid Atta

The Top 4 Altcoins With 100x Returns After Ethereum Dencun Upgrade

#Polygon (MATIC)

Polygon , which functions as an Ethereum Layer 2 solution, with a present price of $0.98, a market size of $9.4 billion, and a circulating quantity of 9.61 billion POL tokens. Although Polygon's price remained relatively flat in 2023, it has begun to show indications of recovery in 2024, with prices around $1. Polygon is poised to reap substantial benefits from Ethereum's Dencun Upgrade, which seeks to improve scalability and usability.

#Optimism (OP)

With 957,000,000 OP tokens in circulation and a current price of $3.65 per token, Optimism (OP) is one of the top Layer 2 scaling solutions on Ethereum, with a market valuation of $3.5 billion. The native token of Optimism, $OP has shown tenacity by trading above its 50-day and 200-day exponential moving averages, even if 2024 was a worse performance with prices falling just short of the Fibonacci R1 threshold.

#Arbitrum (ARB)

Among the many advantages offered by the Ethereum Dencun Upgrade, the prominent Layer 2 scaling solution Arbitrum is well-positioned to take advantage of these changes. Arbitrum has shown a bullish year-to-date movement of 14% with a present price of $1.78 and a market value of $2.2 billion. There are now 1.275 billion ARB in circulation. By using optimistic rollup procedures to improve transaction speeds and decrease gas expenses, the improvement is in line with Arbitrum's fundamental goals of scalability and security. $ARB

#Metis (METIS)

An exciting opportunity has presented itself to Metis (METIS), a major participant in the Layer 2 scene, thanks to the Ethereum Dencun Upgrade. Metis has done quite well thus far this year, changing hands at $92 with a market worth of $482 million and 5.25 million $METIS in circulation. The change from the beginning of the year is -0.52%. With the recent introduction of its decentralized sequencer alpha mainnet, Metis has taken a novel approach to Layer 2 solutions, which is in line with the upgrade's emphasis on scalability and usability.
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