Evan Luthra
Evan Luthra

@EvanLuthra

10 تغريدة Nov 19, 2023
8 projects that could explode in the late stage of 2023
The market has experienced an impressive recovery in the past month, with projects consistently reaching peaks in 2023.
But is this the stopping point?
Let's dig deeper!
1 Ethereum
The year 2022 marks a significant transformation for #Ethereum.
Ethereum has successfully upgraded its network from a proof-of-work blockchain to a proof-of-stake mechanism.
Having reached a peak of $2128, it is currently trading at $1941.
Rating: 9/10
2 BNB
Backed by the world's largest exchange, #Binance, and #CZ.
#BNB Chain introduces zkBNB, considered as a Layer 2 expansion of the BNB Chain.
Binance aims to separate and allow its blockchain network to develop independently.
Rating: 9/10
3 Near
Near Protocol (#NEAR) is a scalable layer-1 blockchain designed to provide performance and user experience.
With over 1000 projects developing in the ecosystem, 20 million wallets created, and DAOs present on NEAR.
Rating: 6/10
4 Fantom (FTM)
#Fantom is known as one of the fastest-growing DeFi ecosystems in the crypto market.
The Fantom Foundation has proposed a gas fee-earning model to reduce the burn rate from 20% to 5%.
Rating: 6/10
5 Optimism (OP)
#Optimism is a layer-2 scaling solution for #Ethereum that can support all Ethereum DApps.
The token price does not fluctuate too much. OP truly gains trust from users.
Rating: 7/10
6 Polygon (MATIC)
#Polygon is another anticipated Layer 2 scaling solution expected to explode by the end of 2023.
With the ecosystem continually expanding and partnering with many major players, especially recent community-driven initiatives.
Rating: 8/10
7 ZkSync
#ZkSync is a Layer-2 scaling solution developed by Matter Labs, aiming to reduce costs and increase transaction speed.
It implements zkEVM technology to enhance compatibility with EVM smart contracts.
Rating: 6/10
8 Uniswap
#Uniswap is the largest decentralized exchange (DEX) on Ethereum.
Uniswap's primary services in this space include decentralized exchange infrastructure, permissionless listing, liquidity provision, and token pricing.
Rating: 8/10
That's a wrap!
Stay tuned for more threads on the blockchain, cryptocurrencies, AI, and other exciting innovations in the space.🔥
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