Ethereum will be upgrading to Cancun on the Goerli testnet on January 17th. Have you all got your own favorable currencies?
Although everyone is well aware of the tracks and ecosystems that are promising, I still want to list them here for those who are still unclear.
Layer2 track:
ARB, OP, MATIC, etc. are all leading public chains in Layer2 and must be paid attention to. I won’t go into details about the reasons, most people have already hyped them up and they are indispensable!
ARB Ecosystem:
GMX is the first decentralized exchange in the ARB ecosystem, similar to Uni, and is a potential project worth paying attention to! RDNT is the leading lending protocol of Arb. Although its slogan is to do full-chain lending, only a small number of public chains have been opened so far!
OP Ecology:
VELODROME is lending on the OP chain, which has certain potential
MATIC Ecosystem: There is not much to recommend at the moment, holding some MATIC is enough.
The Cancun upgrade will also benefit modular protocols, such as TIA, which is also a project that can be considered for ambush. In addition, Spa, which focuses on stablecoin protocols, is also a project that can be selected for attention.
Cancun is about to be upgraded. Everyone has their own favorable currencies. I will also share my own
After a round of browsing, I found that some people believe that the currency that will benefit the most from the Cancun upgrade is ETH, followed by those currencies that are mainly based on the L2 track.
Personally, I rebel and think that OP and ARB are the first choice, followed by ETH, MATIC, MINA, METIS, and IMX.
Among them, arb is the most important. It is expected to set a new high after the pullback. It will not be a problem to see it exceed 3 dollars before the Cancun upgrade.
Most people only see that OP is favored by investors and ARB is half dead, so they are more optimistic about OP. Why do I think ARB is optimistic?
Don’t forget, there is a saying that goes “slow and steady wins the race”. The current construction of the arb ecosystem is far ahead of OP. For example, the Xai project that Binance is about to launch is a chain game of the arb ecosystem. There is really nothing impressive on the OP chain!
However, it is a bit expensive to buy ARB now. I do not recommend chasing it if it goes up directly. But after adjusting for a period of time and stabilizing above 1.2, you can plan for the last wave of the market.
My personal recommendation: if you want to plan for the long term, arb is the first choice; if you want a high floating rate in the short term, try OP!
Finally, I have to mention that everyone knows and understands these favorable factors, but the dog dealers will not give everyone a sedan chair so easily. They will definitely use various information and make various small moves to drive everyone off the bus.
Therefore, everyone must be aware of the various news that are about to appear, hold on to the chips in your hands, and don’t get off easily. I saw a sentence from a big shot in the cryptocurrency circle: the logic of making money in the cryptocurrency circle is very simple, but only those who are brave and determined can have the last laugh!