It’s no secret that the popularity of cryptocurrencies is on the rise. As more and more people invest in them, the value of these digital assets continues to rise. If you are thinking of getting into the cryptocurrency game, cryptocurrency enthusiasts believe now is the right time to do so. Three cryptocurrencies that show the potential to perform well in the future are HypaSwap (HYPA), NEAR Protocol (NEAR) and Solana (SOL).
HypaSwap (HYPA) – DeFi Protocol
The HypaSwap (HYPA) ecosystem is a decentralized finance (DeFi) protocol created in such a way that loans can be easily obtained and granted in pools of liquidity. Users can connect to liquidity pools and trade with all the cryptocurrencies they hold.
Also, users can lend, borrow or earn through staking. Considering the inactive and constantly disrupted functions of traditional banking services, HypaSwap (HYPA) offers users the opportunity to earn money without being tied to a center and without leaving their assets under the control of others.
By making maximum use of the digital power of blockchain technology, the HypaSwap developer team is testing numerous applications to ensure the safety of liquidity pools. Liquidity pools often suffer from bad actors on the inside rather than on the outside. For this reason, the platform’s management team takes extremely high measures to maintain the stability of the pools.
In DeFi protocols, derivative tokens are used that do not exist in reality but are exactly equivalent to the prices of real tokens, to facilitate access to liquidity pools and to serve more users. As with other DeFi protocols, HypaSwap (HYPA) has a derivative token used in liquidity pools. Through this derivative token, all users can easily access liquidity pools.
Also, derivative tokens are burned directly after exiting against inflation issues that can occur during sudden exits from pools. The main token of HypaSwap is designated as FST. Other than that, the token to be used for transactions in the ecosystem is called HYPA.
The HypaSwap ecosystem intends to become a Decentralized Autonomous Organization (DAO) in the future, but no administrators or developers will leave the platform. On the contrary, they will have equal rights in the decision-making process with the users of the administration. Each user of the platform has the right to vote for developments and innovations. In addition to voting, they can also make various suggestions. All user votes have as much power as the amount of HYPA tokens they hold. So the more tokens you have, the more influence you can have on the platform.
The future is the NEAR protocol (NEAR)
NEAR Protocol (NEAR) has big plans for the future of the platform, with various innovative projects such as DeFi, NFT, Gaming and Metaverse to be introduced into the NEAR ecosystem in 2022. Support from over 40 investors such as Pantera Capital, Libertus, Blockchange and Notation Capital was also featured at NEAR.
Share and block mechanism, near-zero transaction fees, and instant transaction accuracy are some of the features that make the NEAR (NEAR) protocol unique. Over time, the growing demand began to put Bitcoin, Ethereum, and other networks in scalability challenges. NEAR’s scaling solutions overcome all of these issues. NEAR Protocol (NEAR) has a solid infrastructure, a strong team and sufficient funds.
Solana (SOL) – The great crypto giant
Solana (SOL) ranks at the top of the crypto market and is considered one of the crypto giants. Solana’s technology shows relatively higher processing speed, advantages of Ethereum, such as Layer-2, and future scaling solutions, such as sharding.
Solana’s potential should not be underestimated. It is not yet clear whether Solana will be able to outperform strong rivals such as Ethereum and Polkadot. However, the crypto community considers Solana an important cryptocurrency on their watchlists.
All three of these projects have huge potential, but it’s important to do your own research before investing in any of them. If you are interested in new projects and want to learn more about HypaSwap (HYPA), use the links below.