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- Avalanche speeds up blockchain with three chains, integrating Ethereum projects to enhance scalability and communication securely.
- Monero’s advanced cryptography ensures anonymous transactions, making it a go-to for privacy-focused users.
- Stellar and VeChain revolutionize cross-border payments and supply chains with efficient, cost-effective blockchain solutions.
Crypto world Avalanche, Monero, Stellar, and VeChain. These blockchains are finding practical problems, providing unique solutions, and opening up the era of blockchain technology.
Avalanche(AVAX): Redefining Blockchain Speed and Scalability
Current price: $34.82
Market cap:$14.20B
Avalanche plans even better than Ethereum by focusing on speed, number of transactions per second, and scalability while maintaining extremely high security. They consist of three separate chains, known as the X-Chain, C-Chain, and the P-Chain, that serve different functions but add to their effectiveness all the same. Avalanche launched the mainnet in 2020, and the platform has connected to many Ethereum projects. However, it remains active in integrating its ecosystem with Ethereum, which makes it suitable for addressing developers and investors who value scalability and Communication.
Monero(XMR): Championing Privacy in the Digital Era
Current price: $156.23
Market cap: $2.88B
Monero works with privacy in mind. It deploys advanced cryptography that makes transactions completely anonymous, and for that very fact, it is highly desired among people who want their transactions very private and secure. However, as the world shows increasing concern about privacy in the digital space, Monero puts itself right in the middle of the crypto world with its features.
Stellar(XLM) Revolution in Cross-Border Payments
Current price:$0.1967
Market cap:$5.84 Billion
Stellar is a decentralized blockchain platform making sign-in cross-border transactions, founded in 2014. Stellar enables fast and cheap international money transfers by basically cutting out the middlemen and greatly reducing costs. Its unique consensus mechanism allows it to confirm transactions without energy-intensive processes, hence it is more efficient compared to other blockchains. Lumens (XLM) are Stellar’s native tokens. Moreover, they are used as a bridge currency in cases where the desired pair of fiat currency isn’t liquid enough.
This is further bolstered with Stellar’s deals with large organizations like IBM. For instance, IBM’s World Wire network utilizes Stellar’s blockchain for real-time cross-border payments. Considering that the demand for speed and cost-effective international transfers goes higher, Stellar is very likely to be one of the leaders in the global payments game.
VeChain(VET): The Future of Transparent Supply Chain Solutions
Current price: $0.02852
Market cap: $2.36Billion
VeChain allows the supply chain industry to offer different businesses transparency in product lines through a blockchain network. Companies can ensure with it whether their goods are genuine or not and have been taken care of rightly. Some of the well-renowned companies make use of VeChain for supply chain management since these industries, like luxury, pharmaceuticals, and food items, need efficiency at all levels.
Investors seem to like VeChain, because the blockchain is seeing wide adoption and is bound for even more significant expansion. This is the leading supply chain solution that currently is trading under $1 and offers an investment opportunity for the long term by means of mainstream blockchain technology adoption.