5 Cryptos That Are Better Than Ethereum According to Altcoin Daily, There's XRP!
2024-11-22Bittime - Ethereum has long been one of the world's most dominant cryptocurrencies, thanks to its smart contracts and expansive ecosystem. However, the development of the crypto industry has given birth to other altcoins with unique features capable of competing or even surpassing Ethereum.
According to Altcoin Daily, several crypto projects such as XRP, Cardano, and Solana have the potential to become superior alternatives in the crypto market.
This article will discuss 5 best altcoins that are claimed to be better than Ethereum according to Altcoin Daily. From technological innovation to the potential for huge profits, let's explore how these altcoins can become exciting opportunities in the crypto world.
What Are Altcoins?
Altcoin is a term used to refer to all crypto assets other than Bitcoin. Altcoins are designed to fulfill specific needs or solve specific problems that Bitcoin cannot address.
Many altcoins offer unique technologies or features, such as faster transactions, lower fees, or better scalability.
Ethereum itself is one of the best-known altcoins, but other altcoins are now offering solutions that can compete, including innovations in DeFi, NFTs, and blockchain interoperability.
Read also: 4 Best Altcoins That Have the Potential to Rise During a Bull Run
5 Cryptos That Are Better Than Ethereum According to Altcoin Daily
Source: Altcoin Daily
Curious about the list of altcoins that are better than Ethereum according to Altcoin Daily? Here is a list of five altcoins that Altcoin Daily thinks have great potential to compete with Ethereum:
1. XRP
XRP, a crypto asset from Ripple, is designed to facilitate fast, low-cost cross-border payments. Before experiencing regulatory pressure from the SEC, XRP was once the second largest cryptocurrency after Bitcoin.
Main Advantages:
XRP excels in cross-border payment efficiency, offering transaction speeds of just seconds with minimal fees.Challenge:
Regulatory battles with the SEC have limited XRP adoption and prices, but if Ripple wins in this case, XRP could return to a positive path.
2. Chainlink (LINK)
Chainlink is a protocol that connects smart contracts with real-world data through the Oracle network. Chainlink introduced the Chainlink Runtime Environment (CRE), which makes it easier for developers to build cross-blockchain applications.
Main Advantages:
Chainlink enables the development of advanced smart contracts more easily, creating new opportunities in the integration of traditional financial systems and blockchain.Challenge:
The complexity of the technology requires time for wider adoption in the market.
3. Cardano (ADA)
Cardano is a proof-of-stake based blockchain platform that offers energy efficiency and high security. This project focuses on decentralization and interoperability between blockchains.
Main Advantages:
Cardano is working to integrate Bitcoin-based DeFi, opening new opportunities for the DeFi ecosystem.Challenge:
Slow development often makes investors lose patience.
Read also: 3 Coins to Watch This November, There's Celestia (TIA)!
4. AIT Protocol
AIT Protocol is a new altcoin in the artificial intelligence (AI) category that aims to create a decentralized marketplace for training AI models.
This project leverages data from companies and communities to improve AI models together.
Main Advantages:
Focusing on logic and mathematical problem solving, AIT offers great potential in the AI and blockchain ecosystem.Challenge:
This project is still in its early stages, so its success depends largely on effective implementation.
5. Solana (SOL)
Solana has become one of the fastest blockchains with low transaction fees. This blockchain even records weekly trading volumes on DEX that surpass Ethereum and its layer-2.
Main Advantages:
Its high speed and low fees make it a favorite for DeFi and NFT applications.Challenge:
Network disruptions and negative market sentiment once hampered its growth.
Conclusion
Altcoins like XRP, Chainlink, and Solana show that there is room for other projects to compete with Ethereum. Each brings unique advantages that can attract the attention of investors and developers.
However, with great opportunities also come risks, so it is important to do in-depth research before investing.
The best altcoins are those that not only offer innovative technology but also have a strong community and solid developer support. Can any of these 5 altcoins surpass Ethereum in the future? Only time will tell.
FAQ About XRP
1. Can XRP reach $200?
According to some crypto analysts, XRP could reach $200 (Rp. 3.18 million) in very positive market conditions, but this scenario requires mass adoption and a major event such as a win in a legal case with the SEC.
2. Can XRP reach $100?
The chances of XRP reaching $100 (Rp. 1.59 million) in the current bull run cycle remain low. However, if Ripple wins the legal battle and gets regulatory clearance, the price of XRP could experience a significant spike.
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Reference:
- Altcoin Daily, YouTube Altcoin Daily, Accessed November 22, 2024
- CoinGecko, CoinGecko, Accessed November 22, 2024
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