#hashrate #Halving2024 It is difficult to predict which coins will benefit the most from the halving as it depends on many factors such as adoption, innovation, competition, regulation, etc. However, based on my personal opinion and the information available, I will make a list of 5 coins that I believe have the most growth potential after the 2024 halving:
Ethereum (ETH): It is the second largest cryptocurrency by market capitalization and the leading platform for the development of decentralized applications (dApps), smart contracts, tokens and decentralized finance (DeFi). Ethereum is in the process of migrating to a more efficient, scalable and sustainable consensus system, which will reduce its energy consumption and increase its processing capacity4. Additionally, Ethereum has a large community of developers, users and investors who support its growth and evolution.
Polkadot (DOT): It is a project that seeks to connect different blockchains with each other, creating a network of interoperable networks. Polkadot enables the transfer of data, assets and functionality between chains, as well as the creation of multi-chain applications. Polkadot is made up of a central chain that coordinates security and communication between parallel chains, which host specific applications. Polkadot aims to facilitate innovation and collaboration in the blockchain ecosystem, offering a flexible, scalable and censorship-resistant platform.
Solana (SOL): It is a high-speed, low-cost blockchain that can process more than 50,000 transactions per second with a latency of less than a second. Solana uses a hybrid consensus mechanism that combines proof of history (PoH) and proof of stake (PoS), allowing it to achieve high performance without compromising security or decentralization. Solana is compatible with Ethereum and supports the development of dApps, DeFi, NFTs and other blockchain applications.