In 2021, we saw some pretty impressive crypto moves, with high appreciation despite corrections.
In this movement that has attracted many people to crypto, five cryptos will attract investors’ attention in 2021.
This more attention comes due to the significant positive price movement and the rapidly growing ecosystem, driving a lot of adoption.
Gala Games (GALA)
The first is Gala Games (GALA), a new organization in the crypto world that wants to create a blockchain-based Non-Fungible Token (NFT) ecosystem.
GALA wants to be an organization that has NFT in the arts and also in the field of games.
Blockchain Gala Games has its network called Gala Network, which operates with three layers of a consensus system.
The three layers are Proof of Work, Proof of Stake, and Proof of Storage combined in one Blockchain, the Blockchain Gala Network.
This Blockchain is also open because all parties who know the network can become validators with an explanation.
GALA has several games, unlike other game projects, which only have one game project.
His interest led him to become one of the cryptos with the highest appreciation in 2021, around 162.166% in just one year.
GALA is a project of high interest due to the vastness of the GALA ecosystem. Currently, GALA has eight games, of which three are already available to play.
The newest game is Mirandus, which has also been the driving force behind its appreciation in recent weeks.
Five other games are in development, making confidence in GALA continue to increase and pushing the price further.
Terra (LUNA)
The second is that Terra is a Blockchain project with a stablecoin called UST and a coin called LUNA.
He has more than one crypto in his network because he wants to solve the manipulation problems in stablecoins.
This Blockchain was founded to be the premier platform in the world’s payment system that combines fiat and crypto effortlessly.
The main goal of this Blockchain is to provide a fast, efficient, transparent and transparent network of funds transfer while maintaining privacy.
The Terra blockchain also stands thanks to innovations made by Tendermint, the company responsible for creating the Cosmos Blockchain.
Overall the Terra Blockchain was founded to provide an eco-friendly and efficient network for payment systems.
The mechanism used by the Blockchain is the Delegated Proof of Stake mechanism.
Terra is unique because of UST and LUNA, where the UST mechanism is different from the issuance of other stablecoins.
The UST system uses an elastic monetary system, where changes in supply are not based on guarantees but demand from UST.
This adjustment to the value of UST and its inventory involves LUNA. The trick is reducing and increasing LUNA’s inventory through issuance, burning, or deletion.
Due to this uniqueness, LUNA increased by around 20599.6% in 2021. Its ecosystem also continues to expand in the DeFi and NFT sectors, which makes it one of the cryptos that will attract attention in 2021.
Axie Infinity Shards (AXS)
The third is Axie Infinity, which will become one of the most famous crypto projects in 2021. This fame is increasing due to a large number of people who makes a profit from Axie Infinity.
Axie Infinity is a blockchain and NFT-based game to earn crypto from playing games.
The game uses characters in the form of NFTs who can breed, battle, and trade to generate cashable crypto.
The project was developed by Sky Mavis, a technology-focused game studio founded in early 2018. Game Axie is inspired by Pokemon and Tamagotchi games.
Players will be rewarded with Smooth Love Potion (SLP), which can then be exchanged for fiat or used to breed Axie.
In the Axie Infinity ecosystem, AXS tokens can also be used for governance or voting in a change. AXS is also available for staking and has been available on several platforms with exciting benefits.
Its Token price went up by around 15,398.8% in 2021, with many players starting to enter Axie Infinity.
For now, Axie Infinity is an exciting project because of its ever-evolving ecosystem.
The last update that is being awaited is the launch of the metaverse through the use of virtual land, which was successfully traded a few months ago.
Polygon (MATIC)
The fourth is Polygon, one of the blockchains that have revitalized the Ethereum blockchain ecosystem due to its lower transaction fees.
Polygon is a Blockchain with a Proof of Stake transaction validation mechanism and a blockchain speed of 65,000 transactions per second.
This Blockchain was previously called Matic Network and changed to Polygon after several updates.
Currently, Polygon has its Blockchain with broad uses. But its fame increased after Polygon moved into a second-layer blockchain for Ethereum.
This collaboration helps smooth the Ethereum Blockchain, especially in times of the high transaction fees of the Ethereum network and the lack of fast transaction validation.
This allows all Ethereum users and projects to move on Polygon, so when fees are high, or Ethereum is in trouble, there is a cheaper and smoother alternative.
In 2021, MATIC experience a price increase of up to 14117.8%, which was also driven by the many updates in its Blockchain.
The ecosystem is also continuously growing; from DeFi Sector to NFT, the Polygon Blockchain has helped smooth transactions for crypto investors.
Solana (SOL)
The fifth is Solana, one of the largest blockchains whose market capitalization continues to increase only in 2021.
After early 2021 Solana was not widely known; now, he has risen to the fifth rank in crypto market capitalization.
Solana is a blockchain with a new consensus mechanism that goes into the third generation.
This consensus mechanism is Proof of History, which makes the transaction speed very high at around 65,000 transactions per second and has the potential to reach 171,000 per second.
The ecosystem is growing, with more than 900 projects moving on its Blockchain. Interest in Solana continues to grow due to its transaction speed which makes it one of the fastest blockchains compared to other blockchains.
Interest in Solana continues to grow due to its transaction speed which makes it one of the fastest blockchains compared to other blockchains.
In addition, his interest also seems to increase due to the NFT project, which experienced high fame after sales in relatively large volumes.
Only in 2021, the price is around 12014.3%, driving its market capitalization to rise to fifth place.
Solana has been considered one of the few cryptos deemed suitable for 2021 in terms of price and adoption.
More News About Crypto : NEWS
Follow our Twitter : https://twitter.com/DinoDapps
