Cryptocurrency is a concept that is gaining more influence and interest from the general public on a daily basis.
People are more familiar with popular tokens like Ethereum (ETH) and Bitcoin (BTC). However, there are so many more with great potential and promising futures. A couple of examples are this new crypto coin called Calyx Token (CLX), as well as the more established projects Solana (SOL) and VeChain (VET).
Thriving NFT Space On Solana (SOL)
Solana (SOL) is currently ranked the 9th largest cryptocurrency by market capitalization. It saw a surge in price in the last quarter of 2021, reaching an all-time high of over $260 in November and made a record of $1 billion in revenue as of January this year.
Solana’s (SOL) NFT marketplace was already seeing massive growth from the first quarter of the year, which is expected to continue. The project maintains its top position due to it being one of the most useful, versatile and technologically innovative platforms in the crypto world.
Offering 60,000 transactions per second (TPS) with its Proof of History (PoH) consensus mechanism. Solana (SOL) has no challenges whatsoever with executing heavy transactions in record time. Even with its speed, the platform manages to maintain low costs with less than $1 in transaction fees.
VeChain (VET), the native token of the VeChainThor blockchain network, was founded in 2015 by Sunny Lu. It is a fairly popular layer one platform with its main goal being to provide institutes and businesses with the technological solutions that fit their individual needs. It also has plans to help companies create Decentralized Apps (DApps) that work with the Internet of Things.
VeChain (VET) recently made plans to integrate the Singapore-based franchise, Alchemy Pay’s (ACH) Fiat payment system and other crypto ramps into its network. Alchemy Pay (ACH) is popular for its capacity to incorporate Fiat and crypto economies for innovators and users.
VeChain (VET) is very successful. It has offices in China, the USA with global brands like Walmart and BMW as partners. On their website, they boast features such as automotive passport solutions, food safety traceability as well as sustainability and a digital carbon footprint. The crypto reached an all-time high value of $0.28 in 2021 and should be able to rise back to that level and maybe even higher in the near future.
Low Fee Trading With Calyx Token (CLX)
Calyx Token (CLX) is a recent crypto project that has plans to make millionaires out of its investors. One of the reasons for investors’ interest in this new token is its low trading fee and the focus it has on the community. Calyx Token (CLX) is a multi-chain network that will support Ethereum (ETH), Polygon (MATIC), the Binance Smart Chain (BSC) and Avalanche (AVAX).
The project has built a dynamic platform that offers its users cheaper and faster transfers between crypto coins. Although Calyx Token (CLX) intends to start operations with a team that will be in charge of governance, it has plans to eventually hand over governance to its community when it stabilizes.
Calyx Token (CLX) still has a lot of potential and has even been predicted to end up in the top 100 global cryptos as early as 2025. The coin is a promising project and good crypto to add to one’s portfolio for future returns.
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