In a crypto market defined by volatility, some altcoins are proving their worth with real utility and massive returns. From Binance Coin (BNB) powering a top-tier blockchain ecosystem to Helium (HNT) revolutionizing IoT and Grass (GRASS) monetizing bandwidth, these tokens are delivering maximum gains while reshaping the digital economy.
Source: Coinmarketcap
Binance Coin (BNB) operates the Binance Smart Chain (BSC) through its Binance global exchange that established BNB as a token utility for BSC smart contract execution and transaction fees and staking operations.
The token achieved increased investor interest after its price rise during early 2021 as Binance expanded. The Binance protocol incorporates BEP-95 to burn transaction fees that ultimately decreases total token supply during operations. These developments have turned BNB into an essential force within blockchain networks without affecting the platform's cost-effective operations.
Source: Coinmarketcap
Helium (HNT) uses blockchain technology to enhance Internet of Things (IoT) connectivity in its operations. The network launched in 2019 provides decentralized communication services to low-powered wireless devices. To receive HNT tokens participants need to deploy Hotspots that function as network connecting nodes. Participants contribute by deploying Hotspots, which serve as network nodes, and in return, they earn HNT tokens.
The network uses a unique consensus mechanism called proof-of-coverage, which ensures data integrity and network security even with varying connection quality. In addition to mining HNT, users pay transaction fees using Data Credits, a separate token designed to facilitate on-chain transactions. Helium’s decentralized model provides a cost-effective and scalable alternative to traditional IoT connectivity solutions.
Source: Coinmarketcap
Grass introduces an innovative approach to bandwidth sharing, allowing users to earn GRASS tokens by providing unused internet capacity. The network operates through a Sovereign Data Rollup system, ensuring data security while enabling a decentralized bandwidth-sharing economy.
Participants earn rewards by sharing bandwidth, referring new users, or staking their GRASS tokens. The project distributes its token supply strategically, with allocations for community rewards, early investors, and network development. By creating a marketplace for excess bandwidth, Grass aims to establish a fairer internet infrastructure where users are compensated for their resources.