Cryptocurrency trader Aaron Arnold best for November altcoin announced his choices.
In a new YouTube video, Altcoin Daily presents as companies like Twitter are working on projects that require Ethereum layer-2 scaling solutions. Polygon (MATIC) He said he expects it to increase.
“The range is bursting and aiming for new records. MATIC looks set to set all-time highs, and this is in line with what’s going on on the chain.
Polygon has passed a billion transactions, all processed on the Polygon Proof-of-Stake chain. An amazing achievement, an amazing milestone.
Layer-2 scaling solutions for Ethereum couldn’t have come at a better time. There is a demand for this, especially in all the adoptions we have witnessed.
The trader is also the smart contract platform after the launch of Ampleforth (AMPL), one of the original rebasing tokens on the network. Avalanche (AVAX) also on the rise.
“Avalanche is a different DeFi platform for people to come to the Avalanche blockchain. [merkezi olmayan finans] It provides a lot of incentives for protocols and it works.”
Highlighting Avalanche’s growing address and transaction numbers, the analyst noted that the network’s daily active addresses had recently reached a new high of around 70,000, representing a weekly increase of more than 100 percent.
Arnold, decentralized oracle network Chainlink (LINK) and decentralized peer-to-peer file storage protocol Filecoin (FIL) He says it is in an upward trend.
“I include them because they collaborate with many of the industry leaders. I think the future is in multi-chain, the future is in interoperability.”
Arnold also recently launched a decentralized cross-chain liquidity protocol that has reached all-time highs in volume and liquidity. of THORchain (RUNE) He mentions it’s on his list.
He says the platform is now seen as the preferred place for unlimited and KYC-free (know your customer) Bitcoin (BTC) trading in Ethereum (ETH) and ERC-20 tokens. Arnold predicts that by the end of next January, the network will have more real Bitcoins than Wrapped Bitcoin (WBTC) on the Uniswap exchange.
“THORchain reveals some impressive metrics.”
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.