Top 10 Cryptocurrencies that will See Growth with ETH Merge
Well, there’s no denying that the “Ethereum merge” has become a hot topic of discussion. And if everything goes as planned, the cryptocurrency market is all set to witness a lot of developments – much to keep the crypto investors hooked. If you are an enthusiast crypto investor looking forward to making it big in the cryptocurrency market following the ETH merge, you are at the right place. Read on to know what are the top 10 cryptocurrencies that will see growth with ETH merge.
Ethereum
Well, the Ethereum merge wouldn’t benefit other cryptocurrencies as much as it would for itself. The merger would mean that Ethereum will be staking a contract to validate the network. This further implies that more tokens will be locked down, thereby automatically reducing supply. Simultaneously, the demand would increase like never before.
Polygon’s MATIC
We all know for a fact that Ethereum’s gas fees have been a cause of concern for a majority of the investors. In the midst of this, Polygon’s MATIC serves to be no less than a blessing. Its Proof of Stake mechanism has allowed its investors to access the rich ecosystem of Ethereum without worrying about fees. No wonder, why Polygon plays a critical role in the digital asset space. Also, with the Ethereum merge, it is bound to see an uptrend.
Ethereum Classic
Its very potential to provide a haven for miners exiting the Ethereum network has caught everyone’s attention. As it has almost all the technical qualities of the current proof-of-work (PoW) Ethereum network, this cryptocurrency is all set to grow following the merge of Ethereum.
Lido DAO
Ethereum’s merge is all set to replace the former’s miners with validators, who will be required to front 32 ETH as an economic stake. This has further brought in a need for platforms that collect Ether and put the proceeds together to become validators on the Ethereum blockchain. This is exactly where Lido DAO comes into play and therefore will see immense growth in the coming days.
Optimism (OP)
This is an Ethereum rollup service that aggregates mass transaction data off-chain into batches. After this, it releases results back to the Ethereum mainnet when a consensus is reached. As soon as the announcement about the Ethereum merge was announced, OP saw a massive increase in its value.
Ravencoin
This cryptocurrency has grabbed attention for the fact that it has created a digital peer-to-peer network thus paving way for the assets to be sent quickly and easily using blockchain technology. With intelligent contract capabilities, this crypto is surely going to set records!
Uniswap
Yet another cryptocurrency that is set to witness growth following the ETH merger is that of Uniswap. This altcoin has gained wide recognition as a decentralized finance protocol that is used to exchange cryptocurrencies and tokens. Uniswap is provided on blockchain networks.
SushiSwap
Quite similar to Uniswap, Sushiswap uses a collection of liquidity pools to incentivize a network of users. It seeks to operate a platform where users can buy and sell various crypto assets.
Aave (AAVE)
Who isn’t aware of the Aave platform: a decentralized finance (DeFi) platform where users can borrow a range of cryptocurrencies, as well as lend assets in exchange for interest? This crypto has fetched good returns for its investors and expects to do the same in the coming years.
Curve (CRV)
Investors know Curve as an Ethereum token that powers Curve.fi. Curve.fi is a decentralized exchange and automated market maker protocol that has been designed to make it easy to swap between ERC-20 tokens, such as stablecoins (like USDC and DAI) and Ethereum-based Bitcoin tokens (like WBTC and renBTC).
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Well, there’s no denying that the “Ethereum merge” has become a hot topic of discussion. And if everything goes as planned, the cryptocurrency market is all set to witness a lot of developments – much to keep the crypto investors hooked. If you are an enthusiast crypto investor looking forward to making it big in the cryptocurrency market following the ETH merge, you are at the right place. Read on to know what are the top 10 cryptocurrencies that will see growth with ETH merge.
Ethereum
Well, the Ethereum merge wouldn’t benefit other cryptocurrencies as much as it would for itself. The merger would mean that Ethereum will be staking a contract to validate the network. This further implies that more tokens will be locked down, thereby automatically reducing supply. Simultaneously, the demand would increase like never before.
Polygon’s MATIC
We all know for a fact that Ethereum’s gas fees have been a cause of concern for a majority of the investors. In the midst of this, Polygon’s MATIC serves to be no less than a blessing. Its Proof of Stake mechanism has allowed its investors to access the rich ecosystem of Ethereum without worrying about fees. No wonder, why Polygon plays a critical role in the digital asset space. Also, with the Ethereum merge, it is bound to see an uptrend.
Ethereum Classic
Its very potential to provide a haven for miners exiting the Ethereum network has caught everyone’s attention. As it has almost all the technical qualities of the current proof-of-work (PoW) Ethereum network, this cryptocurrency is all set to grow following the merge of Ethereum.
Lido DAO
Ethereum’s merge is all set to replace the former’s miners with validators, who will be required to front 32 ETH as an economic stake. This has further brought in a need for platforms that collect Ether and put the proceeds together to become validators on the Ethereum blockchain. This is exactly where Lido DAO comes into play and therefore will see immense growth in the coming days.
Optimism (OP)
This is an Ethereum rollup service that aggregates mass transaction data off-chain into batches. After this, it releases results back to the Ethereum mainnet when a consensus is reached. As soon as the announcement about the Ethereum merge was announced, OP saw a massive increase in its value.
Ravencoin
This cryptocurrency has grabbed attention for the fact that it has created a digital peer-to-peer network thus paving way for the assets to be sent quickly and easily using blockchain technology. With intelligent contract capabilities, this crypto is surely going to set records!
Uniswap
Yet another cryptocurrency that is set to witness growth following the ETH merger is that of Uniswap. This altcoin has gained wide recognition as a decentralized finance protocol that is used to exchange cryptocurrencies and tokens. Uniswap is provided on blockchain networks.
SushiSwap
Quite similar to Uniswap, Sushiswap uses a collection of liquidity pools to incentivize a network of users. It seeks to operate a platform where users can buy and sell various crypto assets.
Aave (AAVE)
Who isn’t aware of the Aave platform: a decentralized finance (DeFi) platform where users can borrow a range of cryptocurrencies, as well as lend assets in exchange for interest? This crypto has fetched good returns for its investors and expects to do the same in the coming years.
Curve (CRV)
Investors know Curve as an Ethereum token that powers Curve.fi. Curve.fi is a decentralized exchange and automated market maker protocol that has been designed to make it easy to swap between ERC-20 tokens, such as stablecoins (like USDC and DAI) and Ethereum-based Bitcoin tokens (like WBTC and renBTC).
The post Top 10 Cryptocurrencies that will See Growth with ETH Merge appeared first on .
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