The upcoming trending currencies such as Sui, Aptos, and Aave are creating a foundation for the next best currencies with distinctive features. Its focus on scalability, speed, and practicality makes them important stakeholders concerning the evolution of decentralized finance and the development of Web3.
Current price:$4.78
Market cap:$9.05B
Sui offers a distinct layer-1 blockchain platform designed to support global Web3 application development. Its object-oriented architecture allows for low-latency transactions and composable assets. This model empowers developers to create customized objects compatible across the network, enhancing interaction and integration within the platform. Sui’s innovative zkLogin feature allows users to authenticate with familiar web accounts, making it easier to access blockchain benefits. By enabling parallel transaction processing, Sui supports high-throughput, cost-effective transactions—qualities necessary for widespread blockchain adoption.
Current price:$14.01
Market cap:$7.77B
Aptos is the change in blockchain technology with its layer-one Proof-of-Stake architecture and the Move programming language. It was designed for theoretical throughput of more than 150,000 transactions per second in an effort to drive mainstream adoption of web3 apps. It recently raised major funding of $200 million in March 2022, adding another $200 million in July from major venture capital firms-proof that investors are very confident in its vision.
Current price:$389.18
Market cap: $5.72B
Aave a DeFi protocol allows users to lend, borrow, and earn interest on cryptocurrencies without intermediary. Aave has liquidity pooled in popular cryptocurrencies such as Tether (USDT) and DAI. Aave is now looking into real-world assets through a collaboration with Centrifuge.The collaboration will enable business assets to be tokenized allowing firms to borrow stablecoins on their tokens offering unique investment opportunities to investors.