XRP was among top cryptocurrencies to invest in before 2020. The major reason for its downfall was bad publicity. The credit goes to none other than the SEC itself. The lawsuit invited bad press and seemed like there is no saving for this coin from the doomsday. 

However, things have gradually started improving after the heroic win of the XRP against the SEC. This has not only improved the reputation of the coin, but for the entire cryptocurrency market. If we look at the technical side of XRP, the technology offers cheap and fast transactions. The technology is being adopted by major banks and financial institutions. 

Even though there are many meme coins on the market, the original meme coin is still the most widely used coin. The coin has surpassed the market cap of 10 billion and is still shinning as one of the most largest figures among the cryptocurrencies. 

Dogecoin has unquestionably captured the cryptocurrency craze and rightly predicted how massively it will spread in the years to come. Over four million people own Dogecoin, making it one of the largest cryptocurrency communities and demonstrating that investors are interested in meme coins. There are more than 2.4 million members of the r/dogecoin subreddit group on Reddit.

Then there’s the wave of celebrities and public figures that have openly endorsed Dogecoin – in addition to Elon Musk, who famously helped pump the coin in 2021, this includes Gene Simmons and Snoop Dogg.

Chainlink is a protocol operating on DON (Decentralized Oracle Network). It plans to bridge the gap between off-chain and on-chain systems. The project does this by building oracles that connect to different blockchains via API and deliver real-time price information. 

Different DeFi ecosystems are powered by the blockchain, which provides cross-chain communication and accurate price data to different protocols. The token’s price will probably be transmitted to the platform by one of Chainlink  price oracles if I want to trade tokens on a decentralized exchange.

Uniswap is among the top decentralized exchanges that entered the market during the early days. The coin has earned a solid reputation among traders by holding a decent position in the market. The exchange enables users to transact directly with one another using ERC20 tokens eliminating third parties. Uniswap can alter the way that digital assets are purchased, sold, and invested thanks to smart contracts.

Cardano combines cutting-edge technologies to give decentralized applications, systems, and societies unmatched security and sustainability. Hoskinson co-founded the blockchain research and engineering company Input Output Hong Kong (IOHK), based in Hong Kong, which works with the Cardano Foundation and the Japanese software company Emurgo to create the Cardano project.

The network’s decentralization and ability to scale up while maintaining security are made possible by the blockchain’s use of the Ouroboros protocol. Cardano is implementing a number of hard forks to expand its capabilities, much like Ethereum, which is currently undergoing a number of upgrades.

With the introduction of Polygon 2.0, a network of L2 chains powered by ZK, there will be infinite scalability and unified liquidity. ZKP verifies the validity of every transaction while keeping the specifics of each transaction confidential. This not only improves privacy but also lowers the amount of processing power needed to verify transactions.

Stellar serves as a link between different currencies so they can all operate within the same financial network. Any type of currency or payment can be made using the open-source Stellar network, including dollars and bitcoin. Despite the Stellar Foundation’s involvement, Stellar is decentralized and not under the control of any one entity; rather, the public owns it. While Stellar also uses blockchain to power its network, it does so much more quickly and at a lower cost than Bitcoin and Ethereum.

Stellar (XLM) focuses on remittances and cross-border transactions with the goal of revolutionizing money transfers for accessibility around the world. The recent price increase in Stellar was fueled by Ripple’s partial victory in the SEC lawsuit.

Players can purchase virtual real estate, build virtual worlds, and monetize gaming experiences on the Ethereum-powered metaverse Game-Fi platform known as The Sandbox.

The mobile app for the metaverse game was launched by the Pixowl founders in 2011 and has more than 40 million downloads on iOS and Android combined. With more than a million users active in a single month, it is one of the most well-known virtual world ecosystems. The NFTs that players create and construct can be traded on the Sandbox. 

Decentraland is one of the efficient virtual reality platforms powered by the Ethereum blockchain. Which is home to its digital token, MANA. With Decentraland’s growing prominence in the industry and expensive land sales, growing events. Marketers are curious about the Decentraland price prediction in the near future and for the long term.

One such metaverse is Decentraland, a collection of 90,601 land parcels that is not too dissimilar from the online world of Second Life from the 2000s. It started out as a pixelated grid but has since developed into a full three-dimensional experience.

Solana is a blockchain platform built for performance and scalability. This ground-breaking initiative is perfect for decentralized applications and cryptocurrency because it was designed from the ground up to provide secure, quick, and efficient transaction processing.

This cryptocurrency is employed to reward network users through staking and to cover transaction costs, assisting in maintaining the network’s long-term viability and security.

After the FTX cryptocurrency exchange failed in November 2022, Solana coin experienced a more than 50% loss in value. However, it has recently managed to stage a resemblance of a comeback, rising from $8.39 on 29 December to a high of $26.93 on 20 February 2023. The coin also experienced a second surge around the time of the introduction of Solana’s mobile phone. 

Conclusion