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1. Near Protocol ($NEAR )
#NEAR Protocol is a proof-of-stake blockchain utilizing Nightshade technology to develop decentralized applications (dApps). Despite the price of Near strading sideways for some time, reaching a peak of $8.51 in the past month, it holds a market cap of $7.99 billion.
Grayscale Investments recently launched the Grayscale Near Trust, dedicated solely to investing in NEAR. This endorsement signifies a win for the project and could potentially drive its market cap beyond $10 billion as trading progresses.
2. Polygon ($MATIC )
Polygon is an Ethereum Layer 2 solution, renowned as the first well-structured platform for scaling Ethereum. Leveraging its Polygon SDK technology, Polygon facilitates the development of dApps and sub-chains. #MATIC the native token of the Polygon ecosystem, has been on an upward trend for the past 30 days.
Polygon
The daily trading volume of MATIC surged by 24%, indicating a recent increase in market activity, with the price rising by 4% in the past 7 days to reach $0.72. With a market cap of $6.7 billion, Polygon’s extensive tech stack and wide-ranging use cases may expedite its journey towards a $10 billion market cap in the near future.
3. Polkadot ($DOT )
Polkadot is a heterogeneous blockchain that allows different networks to communicate in a seamless manner through its para-chains technology. The asset is currently trading around $7.18, a 2.5% increase in last 30 days.
With a market cap of $9.8 billion, Polkadot
is just a 2.05% price surge away from hitting the $10 billion mark. Dr. Gavin Wood, an English computer scientist and Ethereum co-founder, conceived Polkadot. Notably, Dr. Wood also created the Ethereum Virtual Machine (EVM), Solidity, and authored the yellow paper for Ethereum. Given Ethereum’s success, investors may trust Dr. Wood’s leadership with their funds.
