Web3 cryptocurrencies are a new generation of cryptos that combines blockchain technology with smart contracts and strives to spearhead the development of a decentralized vision of Web3 a reality. It is the new era of the internet built on the vision of decentralization and autonomy.
Keep reading to find the 5 best Web 3.0 crypto coins set to explode by 2025.
Internet Computer (ICP)
Internet Computer Protocol is one of the newest players in the Web 3.0 sphere, launched in May 2021 by the team of DFINITY. The proposed goal of ICP is to facilitate developers with sufficient tools to create websites, enterprise IT systems, internet services, and DeFi applications. It does this by installing its code directly on the public internet. In addition, ICP, the native token of the network, allows users to participate in the governance of the network.
ICP is one of the best Web3 crypto coins that will explode by 2025 as it's growing rapidly, building a blockchain-based supercomputer that runs in a decentralized way. It distributes and scales smart contract computation and the data gathered after computation at a web speed. This blockchain project has the power to disrupt cloud computing giants like AWS and Google Cloud.
In 2022, ICP launched the Terabithia bridge, designed to enhance interoperability between Internet Computer and Ethereum. This cross-chain communication protocol allows users to use any ETH tokens, fungible or non-fungible, on the Internet Computer blockchain, making ICP a layer-two scaling solution.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Ethereum (ETH)
Ethereum tops the list of Web3 crypto coins with the largest number of Web3-based platforms, smart contracts, NFTs, and DeFi projects. Its smart-contract abilities could also revolutionize a variety of industries. One of the biggest reasons to be bullish about Ethereum in 2023 and beyond is its potential in the decentralized application space. Ethereum has marked its position as the most diversified investment in the crypto space, as it is also the most popular platform for NFT marketplaces.
Since the launch of the Merge in 2022, ETH has played an integral role in this emerging sphere. It has now made the transition to a greener model by reducing energy consumption by over 99.95%. The network has finally turned sustainability into action, hoping that more businesses and investors would buy ETH, bringing a wave of new adopters.
After the much-awaited Merge update, ETH investors are now waiting for the Shanghai upgrade, scheduled for mid-March. The developers have planned to include multiple Ethereum Improvement Proposals (EIPs) that will reduce any relays before EIP-4844 launches and pave the way for the upgrades related to the Surge. Therefore, Ethereum is going to be one of the most active networks within the Web 3.0 sphere in 2023, making ETH the best buy now, as it is all set to explode to new all-time highs in 2025.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Polkadot (DOT)
Polkadot has maintained its place as an integral Web3 crypto coin with its unique design to add the interoperability factor to the multi-chain world of web3. Parachains are independent and unique and can communicate with each other, a core principle of Web 3.0.
The main purpose of Polkadot is to facilitate the transfer of assets and data across different blockchains and offer services not merely limited to tokens. The team also has numerous plans in the pipeline, like improving the scalability of the network, parachain developments, cross-chain communications, and many more. DOT is one of the best Web3 crypto coins set to explode by 2025 as the team plans to add more parachains to its relay chain shortly.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Chainlink (LINK)
LINK is one of the best crypto, all set to explode by 2025 as the DeFi and Web 3 sphere is adding more fuel to its growth. Chainlink is the leading oracle network within the blockchain sphere. It helps blockchains to access off-chain data and develop programmable smart contracts. It is a decentralized network that provides long-term data reliability and fuels the growth of some of the established companies within the DeFi sphere.
By leveraging a decentralized oracle network, Chainlink lets blockchain access real-world data. The team has more plans to roll out development and initiate several community-building initiatives, increasing the adoption rate and making LINK the best Web3 crypto coin set to explode by 2025.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
BitTorrent (BTT)
As a peer-to-peer file-sharing platform, BitTorrent holds great potential in the upcoming decentralized era of Web3. The crypto aims to completely disrupt the traditional centralized file storage systems that are costly and often suffer from censorship. BitTorrent has a growing network of over 170 million monthly users, making it the top Web3 crypto, all set to explode by 2025.
This Internet Protocol offers an application that allows users to store data and files over the internet in a decentralized manner. As a result, thousands of users can directly upload or download files from each other, making downloads easier and reducing congestion.
Although BTT, the native token of the network, experienced a drastic plunge in 2022, it is all set to begin its rally in 2023. The crypto has an established clientele, including uTorrent Web, BitTorrent Web, and uTorrent classic. In addition to file-sharing services, dApps fuelled by BTT include BitTorrent Speed, BitTorrent File System, and DLive, making the crypto an ideal long-term investment option.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Bottomline
Numerous companies and governments have already shifted to Web 3.0-based blockchain networks. This indicates that technology is here to stay. Each of the coins on this list is the best Web3 crypto coin set to explode by 2025, as they have numerous updates, developments, and store partnerships.