Don't want to trade it yourself?
Our desk runs DEX portfolios on profit share.
Over the past 90 days, Bitcoin‘s (CRYPTO: BTC) price rose 21%. That rally was partly driven by the U.S. national debt reaching a record $40 trillion in late August, making the world’s top cryptocurrency a more attractive hedge against the gradual debasement of the U.S. dollar.
But during that same period, 38% of all altcoins outperformed Bitcoin. Let’s take a look at three of the most notable tokens — Ethereum (CRYPTO: ETH), Solana(CRYPTO: SOL), and Zcash(CRYPTO: ZEC) — and see why they should be on your investment radar.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again.In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia.Continue »
Ethereum
Ether, the native token of the Ethereum blockchain, is the world’s second most valuable cryptocurrency. Unlike Bitcoin, which is mined using the energy-intensive proof-of-work (PoW) consensus mechanism, Ether can’t be mined. Instead, Ethereum uses the energy-efficient proof-of-stake (PoS) mechanism to enable staking (locking up tokens to earn rewards) and smart contracts (for developing decentralized apps and other tokenized assets).
Every time a user makes a transaction on Ethereum, they pay a “gas fee” with Ether. Therefore, Ether’s value is driven by the growth of Ethereum’s developer ecosystem. Today, Ethereum’s Layer-1 (L1) blockchain is the world’s largest developer-oriented PoS blockchain. Its Layer-2 (L2) blockchains, built on top of its L1 blockchain to process transactions off-chain at faster speeds and lower costs, widen its moat against newer competitors.
Ether’s price has risen 41% over the past 90 days, and it could continue to rise as more investors view it as a long-term play on decentralized transactions and AI agents, which will need secure blockchains to facilitate machine-to-machine payments. Over a dozen companies, including Bitmine(NYSE: BMNR), have been building their own Ether treasuries.
Solana
Solana is the world’s fastest PoS blockchain. It achieves higher transaction speeds than Ethereum’s L1 blockchain by integrating its proprietary proof-of-history (PoH) mechanism, which timestamps transactions before they’re validated, into its PoS blockchain. It doesn’t serve as many developers as Ethereum does, but it’s growing much faster.
A growing number of fintech companies — including Circle, Visa, PayPal, and Stripe — have been using Solana to settle stablecoin transactions, tokenize real-world assets (RWAs), and launch new cryptocurrencies. Moody’s recently integrated its industry-standard credit-rating services into Solana’s blockchain to cover tokenized bonds and fixed-income securities.
Source: finance.yahoo.com