People are more familiar with popular tokens like Ethereum (ETH) and Bitcoin (BTC). However, there are so many others with great potential and promising futures. Some examples are this new cryptocurrency called Calyx Token (CLX), as well as more established projects Solana (SOL) and VeChain (VET).
Thriving NFT space on Solana (SOL)
Solana (SOL) is currently ranked 9th largest cryptocurrency by market capitalization. It saw a price spike in the last quarter of 2021, hitting an all-time high of over $260 in November and posting a record $1 billion in revenue in January this year.
The Solana (SOL) NFT market was already experiencing massive growth from the first quarter of the year, which is expected to continue. The project maintains its leading position due to its status as one of the most useful, versatile, and technologically innovative platforms in the crypto world.
Offering 60,000 transactions per second (TPS) with its Proof of History (PoH) consensus mechanism. Solana (SOL) has no challenges in executing heavy transactions in record time. Even with its speed, the platform manages to keep costs low with less than $1 in transaction fees.
VeChain (VET), the token native of the VeChainThor blockchain network, was founded in 2015 by Sunny Lu. It is quite a popular layer one platform whose main objective is to provide institutes and enterprises with the technological solutions that meet their individual needs. It also has plans to help companies build decentralized applications (DApps) that work with the Internet of Things.
VeChain (VET) recently planned to integrate the Singapore-based franchise, Alchemy Pay (ACH) Fiat payment system and other crypto ramps into its network. Alchemy Pay (ACH) is popular for its ability to integrate fiat savings and crypto for innovators and users.
VeChain (VET) is very successful. It has offices in China, USA with global brands like Walmart and BMW as partners. On their website, they offer features such as car passport solutions, food safety traceability as well as sustainability and a digital carbon footprint. The crypto reached an all-time high of $0.28 in 2021 and should be able to rally back to that level and maybe even higher in the near future.
Low Fee Trading with Calyx Token (CLX)
Calyx Token (CLX) is a recent project cryptography which plans to make millionaires from its investors. One of the reasons for investor interest for this new token is its low trading fees and focus on community. Calyx Token (CLX) is a multi-chain network that will support Ethereum (ETH), Polygon (MATIC), binance Smart Chain (BSC) and Avalanche (AVAX).
The project has built a dynamic platform that offers its users faster and faster transfers between cryptocurrencies. Although Calyx Token (CLX) intends to start operations with a team that will be in charge of governance, it plans to eventually transfer governance to its community when it stabilizes.
Calyx Token (CLX) still has a lot of potential and has even been predicted to end up in the top 100 global cryptos as early as 2025. The coin is a promising project and a good crypto to add to one’s portfolio for future returns.
For more information on Calyx Token (CLX)
Website : https://calyxtoken.io