Not Sure About Bitcoin? Try These Alts – Cardano, TRON, And Ethereum

Last Updated September 15th 2022
5 Min Read

Optimists expect the crypto market to be worth around $250 Trillion by 2030. But only a fraction of this will be taken up by Bitcoin. The larger chunk of this outsized market will be in the hands of altcoins. At the moment, though, most of these are selling for pennies, making now the best time to buy.

Seeing that there currently are more than 20,000 altcoins available today, finding the best altcoins to buy in 2022 can be overwhelming. So if you are not sure about Bitcoin, experts suggest you try these alts - Cardano, Tron, and Ethereum.

 

Cardano (ADA)

Cardano is the largest smart contract platform. It has also been consistently ranked the most secure blockchain by crypto and fintech experts by virtue of being the first peer-researched crypto technology. It, too, has sustained a positive uptrend since its launch, despite having integrated a fraction of emerging technologies as done by rivals like Solana.

These have not prevented it from becoming a near-permanent feature on the top altcoins. This is a testament to investor confidence in the crypto project and is one of the primary reasons we feature ADA among the best altcoins to buy now if you are not sure about Bitcoin.

Cardano’s adaptability is the result of its usage of security, sustainability, and multilayer structures, all of which have been developed and deployed over the years. As the first blockchain platform to include a companion researched research plan within its basic specifications, it has garnered attention from media outlets across the globe.

It aims to apply market principles that will enable interoperability across networks. The administration models, upgrade mechanisms, and features of these frameworks are based on blockchain technology.

Moving forward, we expect the Cardano network to integrate more emerging and hugely popular crypto technologies – effectively increasing ADA token use cases. We also expect its community of followers and investor interest to sustain its current growth momentum. 

By the turn of the decade, some optimists are confident Cardano will have caught up with its competitors. Some even expect ADA to overthrow Ethereum as the dominant smart contract platform. By this time, they estimate it could have grown its worth by 4000% to break above $20.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Ethereum (ETH) 

Ethereum is arguably the best altcoin to buy today because of its massive upside potential. It currently is the largest smart contract platform and is also home to the greatest selection of DeFi, dApps, metaverse, and Web3 projects. These have brought about massive use cases for ETH tokens and even helped push their price massively.

Unlike Bitcoin, which is characterized as a “decentralized currency,” Ethereum is a distributed computing network where users can use the blockchain to run decentralized applications (dApps) and host smart contracts.

Walker Holmes, vice president of metaverse platform MetaTope, says that “BTC is a store of value while ETH is a decentralized playground for builders to determine the future in the technological innovations of blockchain technology.”

In the future, experts expect even more brands on- and off-chain brands to continue collaborating and building on the Ethereum network. The Merge will improve the network’s efficiency and cap the minting of new ETH tokens - limiting its supply amidst growing demand. These, plus a recovering market, are expected to help catapult ETH prices to unbelievable heights.

Some optimistic analysts are confident that Ethereum will overtake Bitcoin as the most valuable cryptocurrency by 2030. They also believe that 1 ETH token will have the potential of breaking above $10000 by the turn of the decade. Ethereum already has a larger ecosystem than Bitcoin and is even more useful than the pioneer cryptocurrency. However, the promise of breaking above $10k and overtaking BTC makes Ethereum the overall best altcoin to buy today. So are you sure about Bitcoin? Consider investing in ETH now.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Tron (TRON) 

TRON (TRX) is a digital currency initially based on the Ethereum (ETH) blockchain but later migrated to its own network in 2018. Created in 2017 in Singapore, Tron aims to host global entertainment for sharing digital content cost-effectively.

Tron was developed to provide a decentralized system that focuses primarily on content delivery. There are two main priorities in the network. Apart from being decentralized, the system also focuses on a democratized content delivery and distribution system. These are all achieved using a series of permissionless protocols and platforms and tools that feature the same characteristics.

Tron (TRX) works on a peer-to-peer network technology that eliminates intermediaries and allows content creators to work directly with consumers, making it preferable to share digital content. Furthermore, Tron also fixes the issues related to geo-restrictions that are often placed on streaming platforms or online games. Many services that rely on a centralized network have restrictions regarding who can use the platform and where it can be accessed.

Through a decentralized platform, Tron is able to ensure the same restrictions do not apply when services are launched as a dApp on the blockchain. In turn, there are fewer limitations, worries about censorship, and geographic restrictions.

With many crypto traders turning to blockchains that provide cheaper transaction fees and speed not found in Ethereum (ETH), Tron (TRX) seems to be the real deal. So if you are not sure about Bitcoin, buying TRX might be worthwhile.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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