As Bitcoin Reaches All-Time Highs, These 3 Tokens Could See Bigger Rises
Even though Solana has taken heat for its history of outages and slow performance, the company is quickly making amends and expanding.
Investors betting on the growth that Web3 offers are putting a lot of money into Aptos, one of the top blockchains.
One such next-gen layer 1 blockchain is Areon Network, which uses Proof of Area as its unique consensus process.
Solana
The Solana Foundation and Solana Labs run Solana, which is a major factor in its development schedule. By using the low-cost and high-throughput capabilities of the blockchain network, this initiative intends to decentralize the financial sector. Smaller transactions linked to NFTs, for instance, have driven most of Solana's increase in recent years, contributing to the blockchain's overall popularity in the DeFi sector.
Aptos
The major net launch of Aptos in October 2022 focused on scalability and security. Aptos plans to use the Move Intelligent construct language and the AptosBFT consensus to handle over 150,000 transactions per second. The current supply of tokens is 366.77 million out of a total of one billion. Because of this, the market will see an influx of supply when tokens are released. The project's $3.54 billion market worth, however, indicates that investors are quite interested in its potential for growth.
Areon Network
The Areon Network uses Proof of Area as its unique consensus process, making it a layer 1 blockchain that is next-generation.
Among cryptocurrency ecosystems, Areon stands out for its user-friendliness, stability, speed, and reasonable transaction costs.
Constituents of the Areon Network: - The Areon Foundation - As a DEX tool, Hyperswap - Areon Chain (compatible with EVM, Layer 1, PoA)
Among cryptocurrencies, AREA is unique in its usage of the Proof of Area (POA) technology. Comparable to "Delegated Proof of Stake," this novel consensus process adds digital land ownership as a bonus advantage for holders.
