1. Ethereum 2.0
Ethereum is one of the most popular cryptocurrencies, and its recent upgrade to version 2.0 has opened up new possibilities for developers. With the increased scalability and speed of Ethereum 2.0, it’s likely that we will see more decentralized applications (dApps) built on this platform.
2. Binance Smart Chain
Binance Smart Chain is another emerging cryptocurrency that’s worth keeping an eye on. This blockchain network is designed to be fast and efficient, making it ideal for building dApps that require high transaction speeds.
One of the key features of Binance Smart Chain is its ability to handle a large number of transactions per second, which makes it well-suited for decentralized exchanges (DEXs).
3. Polkadot
Polkadot is a decentralized network that allows different blockchains to communicate with each other. This means that you can build dApps that can interact with multiple blockchain networks, which opens up new possibilities for developers.
One of the key features of Polkadot is its ability to handle a large number of transactions per second, which makes it well-suited for decentralized finance (DeFi) applications.
4. Cardano
Cardano is another cryptocurrency that’s worth keeping an eye on. This blockchain network is designed to be energy-efficient and scalable, making it ideal for building dApps that require high transaction speeds.
One of the key features of Cardano is its ability to handle a large number of transactions per second, which makes it well-suited for decentralized finance (DeFi) applications.
5. Solana
Solana is a fast and efficient blockchain network that’s designed for building dApps. This platform has the potential to become one of the most popular cryptocurrencies in the future, thanks to its ability to handle a large number of transactions per second.
One of the key features of Solana is its ability to scale horizontally, which means that it can add more nodes to the network as needed to handle increased traffic.
FAQs:
1. What are some of the upcoming cryptocurrencies to watch out for in 2021?
Ethereum 2.0, Binance Smart Chain, Polkadot, Cardano, and Solana are all emerging cryptocurrencies that are worth keeping an eye on in 2021.
2. What makes these cryptocurrencies different from each other?
Each of these cryptocurrencies has its unique features and benefits. Ethereum 2.0 is designed to be scalable and efficient, while Binance Smart Chain is fast and efficient. Polkadot allows different blockchains to communicate with each other, while Cardano is energy-efficient and scalable. Solana is fast and efficient, and can scale horizontally.
3. How do I invest in these cryptocurrencies?
You can buy and sell these cryptocurrencies on various exchanges, such as Coinbase or Binance.
4. Are there any risks associated with investing in cryptocurrencies?
Yes, investing in cryptocurrencies is inherently risky, and the value of these assets can fluctuate rapidly. It’s important to do your own research and understand the risks before investing.
5. Can I build dApps on these cryptocurrencies?
Yes, you can build dApps on many of these cryptocurrencies, using their respective development tools and platforms.