Tag: Optimism

  • 15 Best Altcoins to Buy: Top Altcoin Picks for 2026

    15 Best Altcoins to Buy: Top Altcoin Picks for 2026

    The world of cryptocurrencies has witnessed explosive growth over the past decade, with Bitcoin taking center stage. However, the landscape of digital currencies also includes a diverse array of altcoins, some of which offer very exciting opportunities for investors.

    By definition, altcoins, or alternative cryptocurrencies, are digital assets that evolved after the pioneering of Bitcoin. These emerging cryptocurrencies often introduce innovative features or aim to solve specific problems. It is also because of these unique use cases that altcoins tend to be a riskier, yet at the same time also potentially more lucrative investment.

    The best altcoins to buy in 2026:

    1. Ethereum – The largest altcoin and the crypto of the leading smart contract blockchain
    2. Zcash – Established privacy-focused cryptocurrency
    3. XRP – The leading blockchain for international money transfers
    4. Solana – A fast and low-cost blockchain for decentralized apps and finance
    5. BNB – The largest Exchange token and the top challenger to Ethereum’s DeFi supremacy
    6. Litecoin – A Bitcoin fork aimed at minimizing the cost of transactions
    7. Monero – Veteran privacy coin offering advanced transaction privacy
    8. Optimism – A leading Layer 2 scaling solution for Ethereum’s network
    9. Render Token – The native token of Render, the leading decentralized GPU power platform
    10. Aptos – A revolutionary and highly scalable enterprise-grade Layer 1 blockchain
    11. Shiba Inu – The second most popular meme cryptocurrency
    12. Toncoin – A high-performance blockchain initially developed by Telegram
    13. Aster – Native token of the Aster DEX
    14. Hyperliquid – Highly efficient DEX with leveraged trading
    15. Bittensor – A leader in decentralized AI and machine learning

    Top 15 Altcoins to Invest in Now: Exploring the Best and Newest Altcoins in 2026

    In this article, we delve into the top altcoins of 2026 and highlight each coin’s unique features, development progress, and potential for growth. By exploring the innovative altcoins on the rise, we aim to provide insights into the evolving landscape of cryptocurrencies and offer a fresh perspective on the best investment opportunities available in 2026.

    1. Ethereum – The largest altcoin and the native asset of the leading smart contract blockchain

    As the second-largest cryptocurrency and the largest and dominant DeFi platform, Ethereum (ETH) is an essential component of every altcoin-oriented portfolio.

    Ethereum is an open-source blockchain that pioneered smart contract functionality in 2015. While the Ethereum network can also facilitate transfers of value between different Ethereum addresses, its key added value is in the execution of various smart contracts. Throughout their existence, Ethereum’s smart contract capabilities have facilitated numerous blockchain-powered innovations such as ICOs, DeFi, NFTs, and DAOs. In addition to the native asset (Ether), the Ethereum network hosts numerous ERC20 tokens (from exchange tokens to DeFi tokens and stablecoins), which further extend the Ethereum environment’s reach, liquidity, and utility.

    With its successful transition to Proof-of-Stake and upcoming scalability improvements, Ethereum has become significantly more energy-efficient and is poised for increased transaction capacity.

    Despite countless challengers, such as Cardano, Solana, TRON, and Cosmos, some of which were even dubbed “potential Ethereum killers”. Nevertheless, to this day, Ethereum still reigns supreme as the leading smart contract platform. In fact, Ethereum takes the top spot with a substantial margin in terms of total value locked, leaving all other competitors far behind.

    Why is Ethereum a good altcoin to buy in 2026?

    Ethereum remains the core platform for smart contracts, supporting much of the activity across DeFi, NFTs, tokenization, and decentralized applications. The shift to Proof-of-Stake reduced energy consumption and created a foundation for ongoing scalability improvements. Upcoming upgrades, including danksharding and deeper Layer-2 integration, are designed to lower transaction costs and improve throughput while preserving the network’s security and decentralization.

    Ethereum also benefits from strong network effects. Many of the largest DeFi protocols, stablecoins, and tokenization projects continue to operate on Ethereum or its Layer-2 networks, sustaining demand for ETH as a utility asset. As Layer-2 adoption grows, more transactions ultimately settle on Ethereum, reinforcing its role as the base settlement layer and supporting demand for ETH in staking and fees. Combined with increasing institutional exposure and sustained interest in ETH ETFs, Ethereum is often viewed as one of the more stable large-cap altcoins looking ahead to 2026.

    2. Zcash – Established privacy-focused cryptocurrency

    Zcash is a decentralized, peer-to-peer cryptocurrency launched in 2016. It follows a Bitcoin-like design while adding additional privacy and security functionality that is uncommon among public blockchains.

    ZEC was the first cryptocurrency to integrate zk-SNARKs, a zero-knowledge proof system that allows transactions to be verified without revealing sensitive details. This technology has been widely cited as a major advancement in cryptography and blockchain privacy.

    New ZEC enters circulation through mining, as the network currently uses a Proof-of-Work (PoW) consensus mechanism. Zcash has a fixed supply of 21 million coins and follows a halving-based issuance model similar to Bitcoin’s. Long-term, the project has discussed a potential transition to Proof-of-Stake, with both the Electric Coin Company and parts of the community expressing support for such a shift.

    Why is Zcash a good altcoin to buy in 2026?

    Zcash offers users a choice between transparent transactions and privacy-preserving “shielded” transfers, allowing it to serve different use cases within the same network. This optional privacy approach differentiates Zcash from fully transparent blockchains while avoiding the mandatory privacy model used by some other privacy-focused coins.

    Interest in ZEC has increased alongside renewed attention on privacy-related cryptocurrencies, driven by broader conversations around data protection, financial surveillance, and digital autonomy. With a long operating history, recognizable brand, and established cryptographic foundation, Zcash remains a relevant option for investors considering privacy-enabled assets going into 2026.

    3. XRP – The leading blockchain for international money transfers

    Launched in 2012, Ripple (XRP) is a cryptocurrency developed by David Schwartz, Jed McCaleb, Arthur Britto, and Chris Larsen. Up to this day, the majority of XRP supply is placed in escrow accounts owned by Ripple Labs, initially known as the OpenCoin company.

    The Ripple Network utilizes the Ripple Protocol Consensus Algorithm (RPCA), which relies on trusted validators instead of independent decentralized nodes to validate transactions and secure the blockchain. This allows Ripple to offer fast and low-cost transfers, particularly suitable for remittances and international payments. Naturally, Ripple has also integrated XRP into most of its products, including On-Demand Liquidity (ODL), which facilitates efficient cross-border money transfers in collaboration with cryptocurrency exchanges.

    Why is XRP a good altcoin to buy in 2026?

    XRP remains a well-established asset in the cross-border payments space, built to support fast and low-cost international transfers for banks, fintech companies, and payment providers. Transactions on the XRP Ledger typically settle within seconds, offering a more efficient alternative to traditional systems such as SWIFT. As interest in blockchain-based settlement solutions continues to expand, XRP’s long-standing focus on enterprise payments keeps it relevant looking toward 2026.

    Regulation remains a key factor shaping XRP’s outlook. Ripple’s extended legal dispute with the U.S. Securities and Exchange Commission has weighed on XRP’s market performance in recent years, but the regulatory environment in the United States has shifted following the 2024 elections. A more accommodating stance toward digital assets is contributing to greater regulatory clarity and has supported the introduction of XRP exchange-traded products, which Ripple executives have positioned as a logical step after Bitcoin and Ethereum ETFs. Continued regulatory easing could improve XRP’s ability to attract institutional interest and support broader adoption over the longer term.

    4. Solana – A fast and low-cost blockchain for decentralized apps and finance

    Solana is a blockchain platform best known for its scalability and efficiency. With a remarkable throughput of 65,000 transactions per second (TPS) and low fees, it poses strong competition to Ethereum. Solana achieves this through an innovative proof-of-history consensus algorithm and timestamping system.

    This scalability has made Solana a preferred choice for NFT projects and decentralized finance applications. The platform’s backing from prominent investors like Polychain and Andreessen Horowitz provides the necessary resources for future ecosystem development, making it even more attractive to blockchain developers and also investors.

    Why is Solana a good altcoin to buy in 2026?

    Solana is widely used as a high-throughput blockchain, known for fast transaction speeds and low fees that support use cases ranging from DeFi and NFTs to payments and gaming. The network is designed to handle thousands of transactions per second, making it suitable for applications that require speed and low latency. As more developers focus on performance-oriented applications, Solana continues to be viewed as a practical alternative to Ethereum for certain use cases.

    The Solana ecosystem has also seen renewed activity. Growth in DeFi usage, increased stablecoin volumes, and sustained interest in memecoin trading have driven higher network utilization. Projects such as Jupiter and Tensor, along with a growing number of consumer-focused applications, have contributed to Solana’s positioning as a platform with active user engagement. If this momentum continues and developer adoption remains strong, SOL is likely to remain a closely watched large-cap altcoin through 2026.

    5. BNB – The largest exchange token and Ethereum’s top challenger

    BNB is a cryptocurrency that was launched by Binance, one of the largest cryptocurrency exchanges in the world. Initially called the Binance Coin, this ERC-20 standard token was used to pay for trading fees and other services on the Binance exchange with a discount. However, Binance launched its own blockchain, the Binance Chain, in April 2019, and BNB was migrated from the Ethereum blockchain to the Binance Chain shortly thereafter.

    This is how BNB became the native asset of the BNB chain and was granted a whole new range of utility. The BNB chain is a smart chain that facilitates fast transactions and lower fees compared to the Ethereum network, which made it a popular choice among users and developers. BNB has a limited supply of 200 million coins.

    Why is BNB a good altcoin to buy in 2026?

    BNB remains a prominent large-cap cryptocurrency, closely tied to the broader Binance ecosystem and BNB Chain. The token has several utility roles, including discounted trading fees on Binance, transaction and smart contract fees on BNB Smart Chain, and use across a wide range of decentralized applications, DeFi platforms, and blockchain-based games. Its integration across multiple products and services has helped sustain consistent on-chain and exchange-related demand.

    BNB Chain continues to attract developer activity, supported by regular network upgrades and ongoing application launches. Low transaction costs and stable performance make the network accessible for teams building scalable applications. Binance’s global reach also contributes to BNB’s liquidity and availability across markets. With continued ecosystem development and steady usage, BNB is often viewed as one of the more utility-driven large-cap altcoins looking ahead.

    6. Litecoin – A Bitcoin fork aimed at minimalizing the cost of transactions

    Litecoin, one of the earliest altcoins launched in October 2011, is heavily based on Bitcoin’s codebase as it emerged through a direct fork of the Bitcoin chain. While Litecoin shares a lot of similarities with Bitcoin, such as using Proof-of-Work for consensus, it also has several key differences that offer some notable advantages over Bitcoin. If Bitcoin is considered to be “digital gold”, then Litecoin is without a doubt “digital silver”.

    Litecoin is often favored for its lower transaction costs and faster processing, making it a more practical choice for everyday payments. Litecoin also utilizes a different cryptographic hash algorithm: the script hash function as opposed to Bitcoin, which makes use of the SHA-256. Litecoin has a four times higher maximum coin supply (84 million) and a faster block time of 2.5 minutes. Litecoin also supports MimbleWimble privacy technology, which Bitcoin doesn’t.

    Why is Litecoin a good altcoin to buy in 2026?

    Litecoin continues to be widely used for payments, particularly for transfers that benefit from faster settlement and lower fees compared to Bitcoin. It is supported by most major cryptocurrency exchanges, wallets, and payment processors, making it one of the most accessible digital assets for everyday transactions. Litecoin has also been used as a testing ground for upgrades later adopted by Bitcoin, including Segregated Witness (SegWit) and Lightning Network integrations.

    While Litecoin does not rely on rapid feature expansion or aggressive marketing, its longevity and consistent uptime have helped it maintain relevance in a crowded market. Ongoing developments around privacy enhancements, such as optional MimbleWimble-based transactions, add flexibility for users who value transaction confidentiality. With its established brand, predictable monetary policy, and continued use as a payment-focused network, Litecoin remains a consideration for investors looking at established cryptocurrencies heading into 2026.

    7. Monero – Veteran privacy coin offering advanced transaction privacy

    Monero is a community-driven cryptocurrency that launched in 2014, originally emerging from a Bytecoin-based codebase. The project did not conduct an ICO or pre-mine, resulting in a distribution model centered on open mining participation. Since its launch, Monero’s technology has evolved significantly, and the network now differs substantially from its early implementations.

    Privacy is central to Monero’s design. The protocol uses a combination of ring signatures, stealth addresses, and confidential transactions to obscure sender, receiver, and transaction amount data. These features prevent third parties from tracing payments and ensure that all XMR units are fully fungible, as transaction histories cannot be distinguished on-chain.

    Monero is mined using the RandomX algorithm, which is designed to resist ASIC mining and favor general-purpose hardware. This approach aims to reduce mining centralization by allowing individuals to participate using consumer-grade CPUs, rather than specialized equipment.

    Why is XMR a good altcoin to buy in 2026?

    Monero functions as a digital payment system that prioritizes privacy and self-custody, enabling users to transact without intermediaries or on-chain exposure of financial data. Its privacy guarantees make XMR suitable for use cases where confidentiality and censorship resistance are important, including personal payments and financial privacy preservation.

    Interest in privacy-oriented cryptocurrencies has increased alongside broader discussions around surveillance, data protection, and transaction monitoring. As one of the longest-running privacy-focused networks with active development and a large user base, Monero continues to occupy a central position in this segment. With its consistent track record and well-established technology, XMR remains a key asset to watch among privacy-focused cryptocurrencies heading into 2026.

    8. Optimism – A leading Layer 2 scaling solution for Ethereum’s network

    Optimism is an Ethereum layer 2 solution that utilizes Optimistic Rollups technology to alleviate the congestion on the layer 1 blockchain. By offloading a significant portion of transaction and computation data, Optimism enables faster and more cost-effective operations. This scalability enhancement opens up new possibilities for decentralized finance (DeFi), non-fungible tokens (NFTs), gaming, and other use cases that can become prohibitively expensive when executed on the main Ethereum chain.

    The Optimism (OP) token was introduced in May 2022 and serves as the native token and governance token of the Optimism protocol. Holders of OP gain the ability to participate in crucial decision-making processes concerning project incentives, protocol upgrades, and the allocation of treasury funds. The OP token was launched simultaneously on various cryptocurrency exchanges, including Binance and KuCoin, recognized as reputable platforms and the best places to buy altcoins.

    Why is Optimism a good altcoin to buy in 2026?

    Optimism is a promising altcoin investment for 2026 due to its significant transaction growth, scalability advantages over Ethereum, and unique governance mechanics. The Optimism network saved over $1 billion in gas fees since its launch, and this number will only keep growing as more DeFi and blockchain gaming projects build on Optimism or migrate to this cheap and efficient Ethereum Layer 2 network.

    In addition, Optimism recently underwent the Bedrock upgrade, which significantly reduced transaction fees (up to 47%), provided greater network security, and enhanced Optimism’s compatibility with Ethereum. Because of all these developments, Optimism deserves its spot on our list of the best altcoin investments you can make in 2026.

    9. Render Token – The native token of the leading decentralized GPU-powered platform

    Render Token (RNDR) is the utility token of The Render Network, a pioneering provider of decentralized GPU-based rendering solutions. As an ERC-20 token, RNDR serves as the primary means of payment for animation, motion graphics, and VFX rendering on The Render Network.

    The Render Network operates through a synergistic combination of three essential components: creators, node operators, and OctaneRender. By leveraging the Render Network, creators gain access to the immense computing power of GPUs, enabling them to render final images at significantly faster speeds and reduced costs compared to traditional methods. Node operators play a crucial role by renting out their unused GPU capacity to creators. In exchange for their contribution, node operators receive RNDR tokens as compensation for the time spent rendering. This decentralized model allows for the seamless integration of GPU compute power and establishes a connected economy of 3D assets within The Render Token network.

    Why is Render Token a good altcoin to buy in 2026?

    The biggest advantage of The Render Network and the associated Render Token is that the project offers a solution to a real-world issue. The Render Network creates a decentralized marketplace for GPU power, which has not existed before. In addition, both creators, as well as owners of powerful GPUs, can benefit from using The Render Network. In addition, the need for GPU power and, thereby also, Render Network’s services could surge in the near future because of the rapidly growing adoption of AI-powered tools. Certain aspects of prominent AI technologies like ChatGPT rely heavily on substantial GPU resources, which can be effectively harnessed through the Render Network’s crowdsourcing approach.

    In fact, The Render Network has already integrated the Stable Diffusion deep learning model, which allows users to generate AI-created renderings using decentralized GPU power. To conclude, The Render Network stands at the very forefront of transformative technology and fills in a very specific market segment with its unique GPU-sharing solution.

    10. Aptos – A highly scalable enterprise-grade Layer 1 blockchain and one of the best new altcoins

    Aptos, a novel cutting-edge layer 1 blockchain, seeks to revolutionize the internet and facilitate a seamless transition from Web2 to Web3. Developed by former Meta (previously known as Facebook) employees who were involved in the Diem stablecoin project (initially called the Libra project), Aptos showcases high levels of innovation.

    Although Aptos is a relatively new player in the cryptocurrency industry, this super-efficient blockchain has already left an undeniable impact since its mainnet launch in October 2022. With the ability to process up to 100,000 transactions per second (TPS), Aptos surpasses the transaction capacities of prominent cryptocurrencies like Bitcoin and Ethereum, as well as traditional payment processors such as Mastercard and Visa.

    Why is Aptos a good altcoin to buy in 2026?

    Aptos stands out as a compelling altcoin investment due to its impressive capabilities, such as the blockchain’s remarkable throughput and low latency. In fact, Aptos boasts a median Time to Finality (TTF) value of less than a second, which makes it one of the fastest major blockchain networks. In addition, Aptos is developed by experienced ex-Meta developers and incorporates several innovative scaling solutions like internal and homogeneous state sharding, which further enhance its performance.

    Aptos’ design is modular, which allows frequent and seamless deployment of upgrades. Last but not least, Aptos enjoys strong financial support from major crypto investors, including Binance Labs and Jump Crypto. This backing not only provides valuable resources but also adds credibility to the project. All these factors make Aptos a highly promising cryptocurrency poised for success in the ever-evolving blockchain landscape.

    11. Shiba Inu – The second most popular meme cryptocurrency

    Shiba Inu (SHIB) emerged in August 2020 as a blockchain platform, originally conceived as an experiment in decentralized community development. However, the project’s amazing initial performance quickly captured the attention of the market. The investments and developmental efforts have, over time, transformed Shiba Inu from a mere experimental blockchain into a fully operational ecosystem accommodating various decentralized applications.

    Within this ecosystem, you can find the native ShibaSwap decentralized exchange, the SHIB Burning Portal, as well as several NFT and metaverse projects. Supporting this thriving ecosystem are three tokens: SHIB, LEASH, and BONE. SHIB, which is the primary incentive token of the platform, is firmly positioned within the top 25 cryptocurrencies in terms of market capitalization. The project is overseen by a pseudonymous figure called Shytoshi Kusama, who serves as a volunteer project lead, and boasts an extensive social media following known as the “Shib Army.”

    Why is Shiba Inu a good altcoin to buy in 2026?

    Shiba Inu (SHIB) has the potential to generate strong returns due to factors such as the upcoming launch of a Layer 2 network called Shibarium, which will improve transaction speed and reduces the costs of transactions and the operational costs of the network in general. In fact, Shibarium’s testnet called “Puppynet” is already live and is showing some promising activity with over 20,000,000 transactions and 16,700,000 unique wallet addresses interacting with this layer 2 test network in the first month of its existence.

    Shibarium will also further lower the barrier to entry into the Shiba Inu environment, which could potentially open the doors to decentralized gaming and NFT projects. When fully deployed, Shibarium will utilize the BONE token for gas fees, but the BONE proceeds will be used to purchase and burn SHIB. Additionally, the “Shib Army” seems dedicated to burning as many SHIB tokens as possible through SHIB burning parties. Both of these burning “mechanisms” could actually decrease the SHIB supply enough to drive up the token’s value. SHIB is also one of the best cheap altcoins to buy in 2026.

    12. The Open Network (TON) – A high-performance blockchain initially developed by Telegram

    The Open Network (TON) is a third-generation proof-of-stake blockchain designed for rapid and efficient transactions. TON’s development started in 2018. At that time, the project was led by the Durov brothers, the founders of Telegram Messenger, and the TON acronym stood for Telegram Open Network.

    In October 2019, Telegram faced significant legal challenges in the form of a lawsuit filed by the United States Securities and Exchange Commission (SEC). The SEC alleged that the initial coin offering (ICO) conducted by Telegram to fund TON violated securities laws. As a result of the lawsuit, Telegram decided to halt the development of TON, and the project did not fully launch as originally intended. Nevertheless, users and developers joined forces to form an open TON community, which has since supported and continued the project’s development. Toncoin (TON) serves as the native cryptocurrency of The Open Network.

    Why is TON a good altcoin to buy in 2026?

    Toncoin (TON) represents a compelling altcoin investment opportunity, driven by recent developments surrounding The Open Network. In April 2023, The Open Network achieved integration with Telegram, the company that initially spearheaded TON’s development. This integration introduced a new crypto feature, enabling users to purchase a premium subscription using Toncoin (TON) directly within the Telegram platform. This move indicates that Telegram has not abandoned The Open Network and suggests the potential for further utilization of TON within Telegram or other platforms in the future.

    Moreover, in May 2023, The Open Network (TON) launched the TON Accelerator Program, which will allocate up to $25 million in funding to projects within the TON ecosystem. The primary focus of the program is to support key projects, especially those in the decentralized finance (DeFi) sector, with investments ranging from $50,000 to $250,000 per project. The program not only provides funding but also offers partnerships and mentorship. Accelerator partners such as Gotbit, Web3port, Tonstarter, TEB, and Cypher Capital will contribute their expertise to the program, further enhancing its potential for success.

    13. Aster – Native token of the Aster DEX

    Aster is a decentralized protocol designed to support an open marketplace for artificial intelligence services. The platform is built on a modular structure, where individual AI modules specialize in areas such as natural language processing, data analysis, and predictive modeling. These modules operate independently while contributing to a shared ecosystem of AI-powered tools.

    The network uses an evaluation mechanism that allows participants to assess the performance and usefulness of AI models available on the platform. Models that demonstrate stronger results and higher reliability can gain greater visibility and earn more rewards, helping guide the development of the broader ecosystem over time.

    Computational tasks such as running and training AI models are handled by node operators, who provide hardware resources in exchange for Aster’s native token. Users access AI services by paying with the same token, creating a usage-based incentive structure that supports ongoing development, infrastructure maintenance, and model improvement.

    By combining decentralized infrastructure with AI-focused tooling, Aster aims to provide a scalable and cost-efficient environment for deploying and accessing artificial intelligence services without relying on centralized providers.

    Why is Aster a good altcoin to buy in 2026?

    Aster sits at the intersection of two growing sectors: decentralized finance and artificial intelligence. As demand for AI-driven services increases, decentralized alternatives that allow transparent access, open competition, and permissionless participation may attract greater attention. Aster’s token plays a central role in this system by coordinating payments, rewards, and network participation.

    If decentralized AI continues to gain traction as an alternative to centralized platforms, Aster could benefit from increased usage across its marketplace and infrastructure layers. With a clear utility model tied to computation and service access, Aster remains a project to watch among AI-focused blockchain tokens heading into 2026.

    14. Hyperliquid – Highly efficient DEX with leveraged trading

    Hyperliquid is a blockchain platform specifically designed to handle decentralized trading with high efficiency, resulting in low fees and minimal slippage. Thanks to its focused design, the Hyperliquid platform can handle around 100,000 orders per second and delivers an experience similar to using a centralized crypto exchange.

    At the time of writing, Hyperliquid can be used to trade more than 30 different cryptocurrencies, and the platform allows traders to access leverage of up to 50x. On top of that, Hyperliquid also provides a copy trading functionality, which is practically unheard of in the decentralized exchange landscape.

    The Hyperliquid platform has its own native token called HYPE, which was introduced in November of 2024 through an airdrop to over 90,000 traders. The airdrop allocated a significant portion of the HYPE token supply to the Hyperliquid userbase and had no venture capital participation, which resulted in a positive reception from the crypto community.

    Why is Hyperliquid a good altcoin to buy in 2026?

    While decentralized exchanges have been steadily growing in popularity in recent years, the user experience on most DEXes is still rather clunky when compared to top-tier centralized trading platforms such as Binance and Coinbase. Hyperliquid is a DEX that can truly rival centralized exchanges in terms of user experience and offers easy access to leveraged trading.

    If we also consider the platform’s HYPE token, which has been received very positively by the crypto community, Hyperliquid is a project that all crypto investors and traders should have on their radar in 2026.

    Recently, the Hyperliquid team introduced staking utility for the HYPE token. The feature allows HYPE holders to stake their tokens and contribute to the security of the network while earning additional HYPE tokens in return. This staking functionality makes HYPE an even more attractive proposition than before, and positions the token well if there will indeed be an altseason in 2026.

    15. Bittensor – A leader in decentralized AI and machine learning

    Bittensor is a platform designed to provide a peer-to-peer marketplace for artificial intelligence and machine learning. The Bittensor platform supports a diverse range of AI and ML-powered applications, as it consists of over 60 subnets specialized for specific tasks (for example image generation, voice generation, geospatial AI, protein folding and more).

    The Bittensor platform incorporates the Yuma consensus protocol, in which validators on the network’s subnets can prioritize what the network should learn.

    In Bittensor, miners provide the computational resources for machine learning tasks, and earn TAO tokens in return. Users who want to access this computational power have to pay with TAO as well.

    Why is TAO a good altcoin to buy in 2026?

    Bittensor is a fascinating altcoin for those who are banking on a 2026 altseason because it’s positioned in both AI (artificial intelligence) and dePIN (decentralized physical infrastructure networks), which are two of the most exciting investment themes in crypto at the moment.

    The Bittensor network already consists of 64 subnets, allowing the platform to be extremely flexible. In addition, Bittensor can quickly adapt to the emergence of new use cases for AI and ML by introducing new specialized subnets.

    We can expect Bittensor to remain highly relevant if there is an altseason in 2026, but TAO could be a good long-term hold even if the markets surprise us with a more bearish turn.

    The bottom line: You should also consider these things when picking your next altcoin investment for 2026

    While we have featured only the top 15 best altcoins for 2026, there is a plethora of other cryptocurrencies available, some of which might even be a better fit for some specific types of investors. This is because the investment decisions of each individual investor are ultimately based on his/her own financial goals and risk tolerance. Investors with a very high-risk tolerance might consider exploring more speculative investments or even try to successfully identify the next Shiba Inu in their hunt for substantial returns. More reserved investors, on the other hand, will steer clear of highly volatile memecoins but likely find more sense in buying cryptocurrencies with strong long-term potential.

    Anyhow, if you try to identify the next potentially lucrative altcoin on your own, make sure to do your own research (DYOR). To successfully weed out scams and pump-and-dump projects that are doomed to fail, it is necessary to take several factors into account. These include, but are not limited to, the development team, the underlying technology, potential use cases, and market demand and adoption of the project’s solution.

  • Clandeno (CLD) Makes Strides to Hit $100 by 2030 While Optimism Liquidation News Spreads, Solana (SOL) Prices Remain Uncertain

    Clandeno (CLD) Makes Strides to Hit $100 by 2030 While Optimism Liquidation News Spreads, Solana (SOL) Prices Remain Uncertain

    • Clandeno (CLD) is projected to reach $100 by 2030 due to strong utility, long-term liquidity lock, and significant whale investor interest.
    • Optimism (OP) token unlocks potentially cause downward price pressure amidst a market cap of $2.04 billion.
    • Solana (SOL) faces uncertain prices due to political uncertainties and market volatility despite its robust technical foundation.

    Rapid developments are one phenomenon freely associated with the global cryptocurrency markets, and among the most notable events is the impressive trajectory of Clandeno (CLD), the anticipated liquidation of Optimism (OP) tokens, and the uncertain prices of Solana (SOL). As the cryptocurrency markets shift, crypto investors are keenly observing these movements on-chain to make rapid informed decisions.

    Optimism (OP) Braces for Dump Post-Significant Liquidation

    Optimism (OP), an Ethereum Layer 2 scaling solution, is facing a critical period after its OP token unlocks set for June 30. Boasting a market cap of $1.87 billion, Optimism released about 31.34 million OP tokens, equating to 2.88% of its circulating supply, valued at approximately $56.73 million.

    This significant increase in supply is expected to cause downward pressure on prices. Data from the Token Unlocks App indicates that 26% of the locked amount has already been unlocked, equivalent to 1.13 billion OP.

    As of today, the OP price showed a 0.55% jump in value, trading at $1.67. However, the market anticipates a bearish turn due to the influx of new tokens. Investors are closely monitoring the potential impacts on Optimism’s tokenomics and preparing for possible liquidations. The anticipated release of nearly $118 million worth of coins into the market could significantly influence OP prices and market sentiment.

    Solana (SOL) Prices Remain Uncertain Amid Market Volatility

    Solana (SOL), known for its high throughput and low transaction costs, has been a favorite among investors looking for scalable blockchain solutions. However, it is not immune to the broader market pressures exacerbated by political uncertainty.

    Image Source: Solana (SOL) 1-Day Chart | Tradingview

    Solana (SOL) has found support at the $125 level but has struggled to break above the $156 resistance zone, and has been rejected by a slant resistance, much less achieving the four-digit prices some had predicted. While the Relative Strength Index (RSI) is at 48 having been resisted by the 50 level Solana (SOL) price begins to plummet back to its established  $125 Solana (SOL) price support level.

    Crypto Investors are however wary of the potential for increased Crypto supply and the implications of the Mt. Gox Bitcoin redistribution. These factors contribute significantly to the overall uncertainty in the market affecting not just Solana (SOL) but the entire crypto space.

    Clandeno (CLD) Set for Remarkable Growth

    Clandeno (CLD) is emerging as a promising player in the decentralized e-commerce platform space, aiming to revolutionize how products are bought and sold using various cryptocurrencies. With a robust utility-driven model, Clandeno (CLD) is not just another speculative Crypto asset as some might presume but a token with real-world applications that provide a solid foundation for its value.

    The recent Initial Coin Offering (ICO) of Clandeno (CLD) has caught the attention of whale investors, largely due to Artificial Intelligence (AI) predictions of a staggering 1000X surge in just weeks. This optimistic forecast has fueled excitement and significant investment in the token. The strong interest from investors is bolstered by Clandeno’s (CLD) commitment to locking liquidity for 20 years, ensuring stability and long-term growth. As the token’s presale progresses, market analysts are optimistic about Clandeno (CLD) reaching the ambitious target of $100 by 2030.

    To find out more about the Clandeno presale, visit their website here.

    Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.

  • PEPE, Optimism, And ETFSwap: Tokens Worth Holding In 2024

    PEPE, Optimism, And ETFSwap: Tokens Worth Holding In 2024

    These three top tokens have emerged as standout choices worth holding in 2024: Pepe (PEPE), Optimism (OP), and ETFSwap (ETFS). ETFSwap (ETFS) particularly distinguishes itself by transforming ETF trading for investors within the crypto market and offering substantial profit potential this year.

    Pepe (PEPE): Whale Sells This Leading Token – Can It Hold Value Despite Declines? 

    Inspired by the popular Frog meme, PEPE ranks among the top tokens worth holding in 2024. The crypto industry is buzzing as a prominent whale has made significant PEPE  accumulations, signalling confidence in its future gains. Despite this confidence, PEPE is currently experiencing downward momentum, with recent sell-offs by savvy investors suggesting a potential drop below its current level. 

    SpotOnChain revealed a whale known as dimethyltryptamine.eth re-entered the PEPE market after a 10-month break, selling 10 billion PEPE tokens (worth $112,000) for 32.73 ETH. This whale initially turned a $45,000 investment into $26.7 million, achieving a 58.6% gain. With a current holding of 1.99 trillionPEPE tokens valued at $21.9 million, the whale’s actions show early investing profitability.

    Despite substantial coin accumulation, PEPE’s price has fallen 29% over the past week. At the time of writing, PEPE trades at around $0.000008766, with its market cap slightly decreasing to $3 billion.

    ETFSwap (ETFS): The Ultimate Leading Token For 2024

    ETFSwap (ETFS) is making significant strides in the ETF space, attracting the attention of PEPE and Optimism (OP) investors with its massive profit potential to make them the most profits in 2024. This has drawn prominent investors to participate in the top token presale to enjoy its innovative coin offerings.

    As the leading platform in tokenizing ETFs and other real-world assets, ETFSwap’s (ETFS) dominance is clear. A strong response during the presale indicates investors are bullish on ETFSwap (ETFS) to invest in the growing ETF market safely. ETFSwap (ETFS) distinguishes itself by effortlessly swapping cryptos into ETFs, enabling rapid settlements and many other benefits. 

    Unlike traditional ETFs, which are restricted by trading hours, ETFSwap (ETFS) offers traders the flexibility of 24/7 continuous trading of ETFs. With no KYC requirements, no extra fees, and the freedom to trade anytime, ETFSwap (ETFS) outperforms centralized exchanges in convenience and efficiency. 

    Ahead of its beta launch, ETFSwap (ETFS) has been actively promoting its native currency, ETFS. Currently priced at $0.01831 in the presale, investors can enjoy a 20% bonus with the promo code “ETFS20.” Another benefit ETFSwap (ETFS) gives investors is the chance to invest in a promising and profitable platform in 2024, even at lower costs than on Pepe (PEPE) and Optimism (OP). This top token, ETFSwap (ETFS), has expressly provided a very appealing opportunity for you to get in and reap significant gains in the next bullish run.

    Optimism (OP): Will It Bounce Back After Recent Price Dip?

    Another top token to hold in 2024 is Optimism (OP), a layer-2 scaling solution developed for Ethereum (ETH) to improve transaction efficiency and reduce costs within its ecosystem. However, Optimism (OP) has faced challenges amid recent market conditions, struggling to maintain its upward momentum.

    Optimism (OP) is valued at $1.33, reflecting a 20% decline over the past week, attributed to general market downturns and the perceived high likelihood of large sell-offs. Despite the downturn, some experts see signs of a potential rebound for this top token in 2024.

    Conclusion On Why ETFSwap Is The Leading Token To Buy In 2024

    ETFSwap (ETFS) is experiencing a surge in its presale, with millions of tokens already sold. At the current low price of $0.01831, a significant influx of investors is seizing this lucrative opportunity. With the price at its lowest, ETFSwap (ETFS) offers a unique chance to turn your initial investment into substantial profits. 

    Prominent crypto analysts recommend buying this top token before it launches on significant exchanges and triggers a sharp price increase. 

    For more information about the ETFS Presale:

    Visit ETFSwap Presale

    Join The ETFSwap Community

    Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.

  • Layer-2 Innovations Attracting Big Money: Who Is Investing?

    Layer-2 Innovations Attracting Big Money: Who Is Investing?

    Recent developments in blockchain technology are drawing in hefty investments from leading industry players. As the market enters an upswing, investors are scouting for cutting-edge advancements offering faster and more efficient transaction solutions. Heavyweight backers are placing their bets, aiming to capitalize on this tech trend. This article delves into who is opening their wallets to support these innovative solutions, set to redefine transaction processing within the space.

    BlastUP Presale Ends in Few Weeks, Last Chance to Buy Cheap

    BlastUP presale has sparked avid interest among crypto enthusiasts, reaching $5 million in record low time. Over 12,000 savvy investors have already bought BlastUP tokens before their value skyrockets.

    The presale runs until the end of May, so there is some time to boost your crypto holdings with BlastUP, the asset poised for explosive returns of up to 1000%. Currently sold at a few US cents, BlastUP tokens are projected to reach $10 by the end of this year.

    Holders of BlastUP tokens may benefit from a number of privileges including participation in an Airdrop , exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.

    BlastUP stands out from the crowd in the crypto world. Backed by Blast, the sixth largest blockchain by TVL, it offers genuine utility as a launchpad for DApp ventures. With its motto Grow faster, earn more, BlastUP is dedicated to propelling the success of blockchain startups. Those who join BlastUP now become part of a project poised to become the next big thing in this bull run.

    Optimism Crypto: A Balanced Price Analysis

    Optimism’s price has seen varied movement. In a week, the price rose by 7.73%. Over a month, it fell by 38.83%. In six months, it jumped by 74.71%. The coin is currently in the $2.14 to $2.64 range. It shows a mix of moves, with the current tendency not clearly towards a strong upward (impulsive) or downward (corrective) trend based on the indicators provided.

    Looking ahead, Optimism’s price could go either way. There’s potential for growth that could push it towards the next resistance at $2.83, and possibly $3.32, if the crypto market does well. However, caution is advised as the price could drop to support levels at $1.85 or even $1.37, especially if the broader market faces challenges. The indicators like RSI and MACD show a neutral market momentum, suggesting the future price could swing in either direction.

    Polygon Crypto Price Movement and Analysis

    MATIC presents a mixed performance, with a current price range between $0.64 and $0.77. In the last week, MATIC’s value rose by 6.22%, showing a rebound, but the monthly view tells a different story with a sharp drop of 31.45%. The coin’s movement over the past 6 months paints a positive picture overall, showing a 15.65% gain. The latest trends suggest a more corrective move, with key indicators like the RSI close to 47.64, signaling neither overbought nor oversold conditions.

    MATIC’s future price path could swing either way, with potential growth indicated by the recent weekly momentum versus the bearish sentiment shown by the monthly downturn. Breaking past $0.83 might open the door towards the second resistance level at $0.96, but falling below the support level of $0.56 could see it test $0.43. Blending cautious optimism with a realist’s view, MATIC investors should be prepared for both scenarios, knowing market dynamics could prompt significant shifts.

    Mantle (MNT) Shows Resilient Market Movement

    The Mantle coin has been drawing attention with its impressive market performance. In recent times, its price has been fluctuating within a tight band, showing the potential for growth with buyers and sellers actively engaged. Despite some declines, the optimism among investors seems to hold, as the coin maintains its ground with expectations for future gains. The coin is currently trading below its historical higher averages, yet it retains a favorable view from the investing community, indicating a belief that it might soon reach new heights.

    For Mantle, the recent market behavior signals a strong investor interest. This interest is buoyed by a dedicated community and the promise of the project’s technology. Where the coin stands now, there’s a sense of steady momentum, with the potential to push past previous barriers. Should this upward trend continue, Mantle might become a significant player in the crypto space, winning over more proponents to its cause.

    Conclusion

    Investors are showing high interest in Layer 2 solutions, putting their money on technologies that promise faster and cheaper transactions. Among the major players, OP, MATIC, and MNT are seeing investment but might not offer high short-term gains. Meanwhile, BlastUP stands out with a strong concept and its integration with the broader Blast ecosystem. This project appears to have the most potential for growth, catching the attention of investors looking for promising opportunities in the current bull run.

    Site: https://blastup.io/

    Twitter: https://twitter.com/Blastup_io

    Discord: https://discord.gg/5Kc3nDhqVW

    Telegram: https://t.me/blastup_io

    Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.

  • Getting Ahead of the Game: Aptos (APT), Optimism (OP), and Orbeon Protocol (ORBN) Are Top Trending Altcoins in Crypto

    Getting Ahead of the Game: Aptos (APT), Optimism (OP), and Orbeon Protocol (ORBN) Are Top Trending Altcoins in Crypto

    Getting Ahead of the Game: Aptos (APT), Optimism (OP), and Orbeon Protocol (ORBN) Are Top Trending Altcoins in Crypto

    Now in the presale phase, Orbeon Protocol (ORBN) is one such altcoin that has been gaining attention in the crypto community following its 2203% presale gains. Along with Aptos (APT) and Optimism (OP), these three trending altcoins have been making waves in the crypto market, and investors who get in early could potentially reap significant rewards.

    Orbeon Protocol (ORBN)

    Orbeon Protocol (ORBN) is a cutting-edge marketplace where aspiring businesses and eager investors come together. Orbeon Protocol (ORBN) is a fresh take on crowdfunding, transforming how new companies obtain funding and how investors find exciting projects to support.

    What makes Orbeon Protocol (ORBN) unique is its use of special digital assets called fractionalized non-fungible tokens (NFTs) as a way to facilitating fundraising. This clever innovation allows investors to join in on projects with less money upfront, opening the door for more people to get involved by simply purchasing a fraction of the NFT. For startups, Orbeon Protocol (ORBN) offers a streamlined, secure fundraising experience without the hassles of traditional financing methods. Meanwhile, everyday investors are able to support budding startups with as little as $1.

    To power its platform, Orbeon Protocol (ORBN) relies on its own digital currency, ORBN. Holding ORBN in Orbeon Protocol (ORBN)’s digital wallet comes with perks like rewards and early access to new investment opportunities, motivating investors to participate actively.

    The excitement around Orbeon Protocol (ORBN) is proving evident during its presale event, with ORBN surging by over 2203% from its initial price of $0.004 to $0.0921. Next up is the Uniswap listing, expected to take the Orbeon Protocol (ORBN) price even higher.

    Aptos (APT)

    Aptos (APT) is garnering significant attention this month, as its market value has experienced a meteoric rise of approximately 200% within a single month. This surge has led many to wonder what makes Aptos (APT) stand out and capture the interest of the market.

    Aptos (APT) is an innovative layer-1 smart contract platform that leverages the power of sharding technology to achieve remarkable transaction speeds of over 150,000 transactions per second. This extraordinary throughput distinguishes Aptos (APT) as one of the fastest networks in the industry, providing it with a substantial competitive edge.

    One of the key aspects that make Aptos (APT) appealing is its robust financial backing and a highly skilled team of blockchain developers that met while working at Meta. Aptos (APT) can draw upon this collective experience to deliver a far superior product than other platforms.

    While it remains uncertain whether Aptos (APT) can overtake established platforms like Ethereum (ETH) in the near future, these factors strongly indicate that Aptos (APT) has the potential to emerge as a major player in the cryptocurrency landscape.

    Optimism (OP)

    Optimism (OP) is a Layer-2 scaling solution designed specifically for the Ethereum (ETH) network, with the primary objectives of enhancing transaction throughput, reducing transaction costs, and minimizing latency. As a result of these features, Optimism (OP) has rapidly emerged as the preferred scaling solution for developers seeking to create Ethereum (ETH) applications.

    The Optimism (OP) project has already achieved a considerable degree of success, but Optimism (OP)’s most remarkable accomplishment occurred recently. The Optimism (OP) team proudly announced that their Layer-2 solution would serve as the backbone for Coinbase’s new Layer-2 offering. As one of the world’s largest cryptocurrency exchanges, Coinbase’s integration of Optimism (OP) represents a monumental achievement for the project.

    This announcement alone has generated significant excitement around Optimism (OP), resulting in a 16% price surge within just 24 hours. As an increasing number of developers opt to build on top of Optimism (OP), it is expected that the value of the platform will continue to rise.

    Find Out More About The Orbeon Protocol Presale

    Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.

  • Aave Ranks #2 as Aave v3 was deployed to the Ethereum mainnet — Top 3 Coins to Watch for Feb 6 — Feb 12

    Aave Ranks #2 as Aave v3 was deployed to the Ethereum mainnet — Top 3 Coins to Watch for Feb 6 — Feb 12

    Aave Ranks #2 as Aave v3 was deployed to the Ethereum mainnet — Top 3 Coins to Watch for Feb 6 — Feb 12

    The uptrend established in the first few weeks of 2023 appears to be dying out. Although the total cryptocurrency market capitalization climbed as high as $1.12 trillion during last week, all the gains were erased during the weekend, causing the total market cap to fall back to $1.09, this is exactly where it stood at the beginning of the week. Most of the biggest cryptocurrencies traded rather sideways throughout last week, which explains why the total market cap stayed stagnant. Among Top 10 cryptocurrencies, the biggest mover was OKB (OKB), which appreciated by almost 12% last week.

    3. Render Token (RNDR)

    Render Network is a decentralized cloud rendering platform that allows users to access high-performance computing resources in a secure and decentralized manner. The platform uses blockchain technology and its own cryptocurrency, the RNDR token, as the means of payment and reward for participating nodes. The RNDR token is used to incentivize the rendering of 3D graphics, animations, and simulations. With Render Network, artists, architects, and engineers can outsource their rendering needs to the network, rather than relying on a centralized cloud provider, providing increased security, cost-effectiveness, and faster rendering times.

    The project establishes Render Network Foundation and accepts the proposal to implement a burn-and-mint equilibrium tokenomics model

    On January 20, the Render Network announced that the project is launching Render Network Foundation, a dedicated non-profit organisation that will maintain and develop the core Render Network protocol and its community. In addition, RNDR token holders recently voted in favour of adopting a new tokenomics model, called burn-and-mint equilibrium. According to the new model, “rendering jobs-to-be-done” will be priced in USD and creators will have to burn the corresponding amount of RNDR tokens to pay for rendering. After burning RNDR, creators will receive non-transferable, non-fungible “Coupon Tokens” to track completed orders. Node operators will receive rewards in the form of base-asset issuance incentives based on the number of jobs they completed within a network’s epoch. The tokenomics model is called burn-and-mint equilibrium because if the demand stays constant the number of tokens burned equals the number minted. If, however, the usage grows in between, supply decreases and creates upward price pressure, and vice versa when the need for rendering power is in decline. The proposal for the change in tokenomics was accepted with outstanding unity as 100% of votes were cast in favour.

    Both events provided a boost to RNDR price, which has gained over 100% in the past week, outperforming all other top 100 assets in the same period. In addition, the Render Network’s token climbed 13 spots up on the list of largest cryptocurrencies by market capitalization last week alone. Currently the token is changing hands at a price of $1.70 but we believe it could hit $2.00 soon.

    2. Aave (AAVE)

    Aave is an Ethereum-based decentralized lending and borrowing platform that started out under the name “ETHLend”, a project launched by Stani Kulechov in 2017. Aave supports almost 20 different tokens and has unique and sophisticated features such as flash loans that make it stand out from its competitors. While Aave initially launched on Ethereum, the protocol has expanded to the Fantom, Avalanche, Polygon, Optimism, Arbitrum, and Harmony networks over the last couple of years and is now available on 7 chains. AAVE token is the protocol’s native token, which grants holders governance rights as well as discounts when interacting with Aave protocol. While the protocol is completely open source, its code is regularly audited by third parties and has been repeatedly deemed secure. With the launch of its third iteration – “Aave v3” – the protocol positioned itself as one of the top DeFi protocols. According to DeFi Llama, there are currently around $4.7 billion locked in the Aave protocol, out of which $1.1 billion are locked in Aave v3.

    Aave v3, one of the most popular liquidity protocols, has been deployed on Ethereum mainnnet

    The Aave protocol has recently received its most significant upgrade to date on the Ethereum blockchain as Aave v3 was activated on Ethereum mainnet on January 27. While Aave already run on Polygon, Avalanche, Arbitrum and Optimism, Ethereum mainnet deployment was of key importance for the lending protocol as Ethereum is the Aave’s largest market. Now liquidity providers that interact with Aave through Ethereum mainnet can also utilize advanced features such as high-efficiency mode (or e-mode) and isolation mode. In addition, gas fees are up to 25% lower on Aave v3. To migrate your positions from v2 to v3, follow the instructions from the Tweet below.

    AAVE price, which has been trending upward since the beginning of the year, is up by 60% year-to-date. AAVE token is currently changing hands at around $85. Nevertheless, this is still 87% below the token’s all-time high price of $665 achieved on May 18, 2021.

    1. Optimism (OP)

    Optimism is a popular Layer 2 scaling solution for the Ethereum blockchain that aims to enable faster, cheaper, and more scalable decentralized applications (dApps). To achieve its goal, Optimism uses a technology called Optimistic Rollups, which allows dApps to perform transactions off-chain and then settle them on-chain, greatly increasing transaction speed and reducing costs compared to traditional on-chain transactions. The OP token is the native cryptocurrency of the Optimism platform and is used for staking and governance. By holding and staking OP tokens, users can participate in the governance of the Optimism network (by voting on proposals regarding protocol upgrades, incentives, and the allocation of treasury funds) as well as earn rewards for helping to secure the network.

    The recently announced Bedrock upgrade will allow Optimism to stay at the forefront of Ethereum scaling for years to come

    On February 2 the Optimism Foundation has proudly announced Bedrock upgrade, which will provide a significant boost to the performance and functionality of the network. The revamped version of the Optimism protocol will reduce transaction fees by another 10% by further optimizing transaction batch compression. In addition, Optimism developers say that the upgrade will also handle L1 re-orgs better, thereby shortening delays of including L1 transactions in rollups. Full list of improvements featured in the upcoming upgrade can be found in the Bedrock Explainer.

    According to the upgrade proposal draft, the community will vote on the proposal after two weeks of discussion. If Bedrock gets approved by Optimism governance community, the upgrade will be implemented on March 15 at 9:00 AM PT. While the road to Bedrock deployment is still long, the markets have reacted very positively to its announcement as OP gained more than 45% in two days following the announcement. In addition, OP is up by almost 200% during the last month, making it one of the best performing tokens in this period.

  • Optimism Earns #2 Spot Thanks to OpenSea Integration–Top Coins to Watch for Oct 3–Oct 9

    Optimism Earns #2 Spot Thanks to OpenSea Integration–Top Coins to Watch for Oct 3–Oct 9

    After another week with no bigger moves on the cryptocurrency market, the total cryptocurrency market capitalization stands at $946 billion as we enter Week 40. Bitcoin has been trading below $20,000 for the majority of the week, but the number of coins that remained unmoved in the past 90 days has hit the all-time high. This indicates that there is still a large percentage of strong-hand holders among us. With no foreseeable moves expected in the prices of Top 20 cryptos (except for XRP – which we are still following to see whether and how the SEC lawsuit will end), we have turned to smaller market cap but still reputable coins and tokens for this week’s Top 3 Coins to Watch selection.

    3. Tezos (XTZ)

    Tezos is a decentralized smart contract and application network that utilizes a modified version of Delegated Proof of Stake consensus. The blockchain launched in September 2018, following an initial coin offering (ICO) that raised $232 million in 2017. XTZ token is the native cryptocurrency of the Tezos platform. Tezos blockchain also features an on-chain governance system allowing holders to take part in the decision-making process. Developers can suggest changes or upgrades to the Tezos protocol, and if their suggestion gets approval from the community, they are rewarded with XTZ tokens after it is successfully implemented. What makes Tezos blockchain stand out among other similar blockchains is its efficient network upgrade process as the protocol allows major upgrades to be implemented without the requirement of a hard fork. This system allows Tezos to adopt new technologies quickly. Tezos also boasts with a burgeoning NFT ecosystem.

    Tezos deployed its 11th network upgrade called “Kathmandu”

    Somewhat lost in all the news about Ethereum’s Merge and Cardano’s Vasil hard fork Tezos’ upgrade called “Kathmandu” was deployed on September 23. Tezos’ 11th network upgrade brought several improvements to Tezos blockchain including the launch of Smart Contract Optimistic Rollups (SCORUs), improvements to the chain’s randomness generator, better event logging and tweaks to the Tezos’ validation process. In addition, the “Kathmandu” upgrade introduced the support for ‘Ghostnet’, a permanent testnet that upgrades in accord with the mainnet.

    Tezos team notes that Kathmandu’s features focus on scaling and are setting up a path to 1 million transactions per second. For comparison, the current maximum capacity of the Tezos network is said to be around 1,000 TPS. However, most of the time the network operates far from its top capability as Tezos conducted around 5.4 million transactions and 1.8 million smart contract calls in September 2022. Considering how jammed Ethereum network gets from time to time, some extra transaction throughput is always a welcome resource.

    2. Optimism (OP)

    Optimism is a popular Ethereum Layer 2 network that approaches solving the scalability issues by reducing the cost and latency of Ethereum transactions through the use of Optimistic Rollups technology. OP is Optimism’s freshly launched governance token. OP holders will form the so-called Optimism Collective, a large digital democratic governance community that will vote on protocol upgrades, direct incentives to projects, and determine the allocation of treasury funds.

    Optimism-based NFTs hit OpenSea, the world’s most popular NFT marketplace

    OpenSea, the world’s largest NFT marketplace by trading volume, has announced support for Optimism last week, enabling the trading of Optimism-based NFTs. That way Optimism became the sixth network supported by the OpenSea marketplace, joining the company of Ethereum, Solana, Polygon, Klaytn and Arbitrum. Since the integration, more than 1 million Optimism-based NFTs from more than 100 different collections have been published on OpenSea. No wonder that even the Optimism team is optimistic about the recently established partnership:

    However, the OpenSea integration is not the only Optimism integration that has recently appeared in the crypto news. Circle, the company that issues the USDC stablecoin has announced that they will be rolling-out USDC on five new blockchain networks, including Optimism, by the end of 2022. With the expansion, Circle aims to “open the door for institutions, exchanges, developers and more to innovate and have easier access to a trusted and stable digital dollar”. Nevertheless, with a native access to the second largest stablecoin also Optimism blockchain has to benefit.

    1. Cosmos (ATOM)

    Cosmos is developing a network of blockchains that would facilitate the interoperability of multiple, otherwise incompatible blockchain applications and cryptocurrencies. Cosmos’ Inter-Blockchain Communication (IBC) protocol currently supports already 49 different blockchains. The Cosmos network consists of two layers – the Tendermint BFT (Byzantine Fault Tolerant), which combines the networking and consensus layers, and the application layer. In the application layer, developers can utilize the Cosmos Software Developer Kit (SDK) to translate the code from popular programming languages into one that is readable by the Cosmos protocol. The project’s success is best reflected by the rapid growth of the Cosmos network, which grew from a small ICO into a thriving ecosystem in less than three years.

    Cosmos comes out with a revamped white paper; Delphi Labs stated they would focus on Cosmos development

    The Cosmos team has presented a new project white paper on Monday, September 26 at the Cosmoverse conference that took place in Medellin, Colombia. The conference attracted more than 1500 attendants making it the largest event of this kind in the project’s history.

    The proposed new white paper includes changes to Cosmos Hub and repurposes the ATOM token. For example, the new version of the Cosmos Hub will enable other Cosmos blockchains to utilize the Hub’s validator pool to secure their networks, rather than having to establish their own validator community.  The network will also transition to Interchain Security, which will make Cosmos “legally and defensibly decentralized” as well as allow “third parties to utilize the Hub’s essential infrastructure to build commercial applications”. ATOM tokens will see changes in the tokenomics, as they transition to becoming the interchain reserve cryptocurrency. 1,000,000 ATOM will be issued in the first month of the transition phase and the issuance will decrease until a steady state is reached 36 months later. In the steady phase, only 300,000 ATOM tokens will be entering circulation every month. While the changes presented in the new white paper are technically still proposals, they are expected to be implemented on-chain on October 3.

    In addition, a few weeks ago Delphi Labs, Delphi Digital’s research and development unit, announced it would put its focus on Cosmos development. They have put considerable effort in exploring various blochchians and identified Cosmos as the one with the highest potential. However, they also identified a few weak points of the ecosystem, such as relatively low TVL, which may be due to the “lack of hype, funding, and memeability” that could originate from the “lack of a schelling point L1 token to rally around”. Nevertheless, more and more projects are onboarding Cosmos because of the wide reach of its Inter-Blockchain protocol. Perhaps one of the most prominent projects that is coming to Cosmos is Circle’s USD Coin (USDC), which we already wrote about in the Optimism section. The only difference is that USDC will be deployed to Cosmos a bit later than to other networks as the launch is estimated to take place in the beginning of 2023 (and not by the end of 2022 as for other 4 newly-supported blockchains). To conclude, Cosmos is a unique interoperability-focused project that has many use-cases and very likely a bright future.

  • Circle Reveals USD Coin is Coming to Arbitrum, NEAR, Optimism, and Polkadot ‘by the End of 2022’

    Circle Reveals USD Coin is Coming to Arbitrum, NEAR, Optimism, and Polkadot ‘by the End of 2022’

    Circle's USD Coin (USDC) cover

    Key takeaways:

    • USD Coin issuer Circle has announced that USDC will go live on five additional blockchains in the coming months
    • The list of chains USDC will expand to includes Arbitrum, Cosmos, NEAR, Optimism, and Polkadot
    • The news comes amid a decreasing USDC circulating supply – the USDC market cap has decreased by more than 10% since March

    Circle announces the biggest USDC expansion to date, plans support for 13 different blockchains in total

    Circle, the company behind USD Coin, the second largest market cap stablecoin in the industry, has announced a massive expansion is in the works in the coming months. According to the company’s official statement, USDC will go live on Arbitrum, NEAR, Optimism, and Polkadot by the end of this year. In addition, support for the interoperability-focused Cosmos chain is planned for early next year.

    Circle’s Vice President of Product, Joao Reginatto, had the following to say about the major expansion:

    “The multi-chain expansion is intended to increase USDC’s native availability from eight ecosystems to thirteen, and enables blockchain developers building on USDC and their users to experience greater liquidity and interoperability within the crypto economy.”

    Reginatto added that making USDC available on additional chains will allow developers, institutions, and exchanges to innovate and have access to liquidity provided by the “trusted and stable digital dollar”.

    USDC’s latest expansion came in June, when it was unveiled that Circle Account and Circle APIs had been made available on Polygon, a popular layer 2 scaling solution for Ethereum

    As of this writing, USDC is natively supported across Algorand, Avalanche, Ethereum, Flow, Hedera, Solana, Stellar, and TRON.

    USDC supply decreased by over -10% amid the bear market

    The circulating supply of USDC has decreased from its peak of $47.3 billion in March 2022 to $41.8 billion today, roughly a -10.5% drop. The decrease reflects the broader market trend that saw most crypto assets lose more than -60% since the start of this year due to a combination of macroeconomic factors, including rising inflation and interest rates, the energy crisis, and a series of geopolitical uncertainties. 

    Similar to USDC, the largest stablecoin Tether, has also seen a considerable circulating supply decrease in the past couple of months. According to data curated by The Block, USDT hit a market valuation of roughly $83 billion in April. It has lost more than $15 billion since then.

  • 1inch Wallet Users To Be Rewarded With OP Tokens

    1inch Wallet Users To Be Rewarded With OP Tokens

    OP tokens will be available to claim by the 1inch Wallet’s most active and regular users.

    The 1inch Network is thrilled to announce that a total of 300,000 OP tokens will be distributed among the 1inch Wallet’s users in a move to incentivize their activity on the Optimism network.

    The distribution will be made in a retrospective Merkle drop. The OP tokens will be equally distributed between 3,782 selected wallets of the 1inch Wallet’s most active and regular users, and are already available for claiming. All decisions about the wallet selection are final and non-negotiable. Those users whose wallets were not selected should not contact the 1inch Network’s support. Thanks for your understanding!

    “Optimism is one of the most efficient and popular L2 solutions,” says Sergej Kunz, co-founder of 1inch Network. “Since 1inch expanded to Optimism, we have seen substantial activity on that network, and this reward will come as an extra incentive for them to use 1inch on Optimism.”

    The 1inch Network expanded to Optimism in August 2021. As of August 2022, a total of just over 45,000 wallets used 1inch protocols on Optimism. Of that number, 28,600 wallets had Optimism as their priority network, meaning that they made the majority of their transactions on that blockchain.

    Optimism is a Layer 2 Optimistic Rollup network aiming to utilize Ethereum’s strong security guarantees, while reducing its cost and latency. On Optimism, transaction verifications are bundled off-chain, reducing processing and transaction costs for decentralized applications within the network.

    As of late August 2022, TVL on Optimism stood at just under 900 mln, according to DeFi Llama. The projects with the highest TVL are AAVE, Synthetix and Velodrome.

    Stay tuned for more news and updates from the 1inch Network!