Invest in these cryptos before the final launch of ETH Merge and generate good returns over the long run.
Ethereum, the world’s most popular altcoin, is about to undergo a radical change with the final step of The Merge. This imminent upgrade would make waves not just for Ethereum but in the broader cryptocurrency market. It would address several concerns related to the bear market and would essentially bolster the growth of the applications and the crypto projects based on the Ethereum blockchain.
Therefore, we have listed the top 5 cryptocurrencies that will see growth with the ETH merge and are considered a good buy now.
Ethereum (ETH)
An investment in Ethereum now could help you double your money in the long run.
Well, the top crypto that will see growth with ETH merge the most is Ethereum itself. The transition to Proof-of-Stake would make the Ethereum network more efficient, scalable, and sustainable, attracting more developers and investors. ETH Merge would potentially change the investment outlook for Ethereum.
In addition to network enhancements, the upgrade will likely decrease the total ETH supply and provide token holders an opportunity to stake their tokens. Reduced supply will eventually boost the demand for ETH, pushing its price to new all-time highs.
That said, the Merge would enhance all the metrics of the Ethereum blockchain, paving the way for further innovative applications, projects, and applications on the network.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Optimism (OP)
Experts predict that the price of OP will skyrocket with the completion of the ETH merge.
Optimism crypto has seen a parabolic rise over the past few months garnering investors' attention. It is a powerful Ethereum layer 2 blockchain that offers low-cost and lightning-fast transactions. Optimism has already achieved some major milestones like $ 1 billion + saved in gas fees, $800 million+ on chain value, along with an impressive $ 1 million donated to public goods.
As a layer-2 blockchain, Optimism is certainly one of the top cryptos that will see growth with the Merge, as the crypto would benefit greatly from the increased security of the Ethereum mainnet. OP saw a massive increase in its value, hitting an all-time high of $4.57 on May 31, 2022, as soon as the announcement about the Ethereum Merge started spreading.
Additionally, by leveraging optimistic rollups, the crypto assists with the scalability of the Ethereum ecosystem.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Ravencoin (RVN)
Ravencoin is well-positioned to attract the attention of many miners following Ethereum’s move to PoS.
One of the most promising areas of blockchain technology is asset digitization, and Ravencoin is innovative crypto with a sole focus on efficiently handling the creation of a token. Ravencoin is a project with a strong focus on asset transfer via blockchain.
The price of RVN has been on a turbulent rally since its inception, hitting an all-time high of $0.2854 in February 2021. The coin came into the limelight recently thanks to its representation of more real-world assets, including virtual goods, shares of stock, rewards, and gold. RVN is a good buy before the Merge because, once Ethereum transitions into Proof-of-Stake, mining will be allocated to multiple smaller ones like Ravencoin, encouraging more people to start mining, eventually pushing the price of RVN.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Curve (CRV)
Curve is one of the most popular DeFi platforms that have the potential to grow significantly in the future.
Curve is a unique crypto project that aims to facilitate a frictionless and optimized yield-generating protocol for users. It has a growing ecosystem filled with stablecoins and has established itself as the go-to platform for stablecoin trading.
The asset garnered massive attention from the crypto market with the launch of Curve.Fi, a decentralized exchange platform specifically optimized for low slippage and low fee swaps between assets that are pegged to the same value. Curve, the Ethereum-based decentralized exchange, would benefit essentially from Ethereum’s transition to Proof-of-Stake, as CRV is known as an Ethereum token that powers the Curve.Fi. Moreover, this automated market maker protocol is solely focused on facilitating seamless swapping between ERC-20 tokens, such as stablecoins (like USDC and DAI) and Ethereum-based Bitcoin tokens (like WBTC and renBTC). Therefore, increased efficiency in Ethereum’s network capabilities would bolster CRV's utility, value, and price.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Polygon (MATIC)
Polygon, the top layer-2 scaling solution for the Ethereum blockchain, is one of the top 5 cryptos that will see growth with ETH Merge.
Polygon emerged as an ultimate solution when Ethereum needed an additional solution to speed up transactions and smart contract execution. MATIC saw a tremendous rise in price over the past few years as more people and institutions started adopting the Polygon network due to its high scalability. The network allows users to develop their dApps, at the same time, connect the Ethereum blockchain to use the Ethereum ecosystem.
The crypto also has a high level of trust among users due to its association with Ethereum. Therefore, Polygon would benefit largely from the Merge as it would enhance the network capabilities of Ethereum and other applications connected to the network.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
The Bottomline
Almost all crypto projects are devising innovative strategies to survive and dominate the marketplace. However, amidst this prolonged crypto winter, the entire crypto sphere is awaiting Ethereum’s much-awaited move to Proof-of-Stake. Ethereum is a core platform that supports decentralized applications like DeFi projects, NFTs, etc. Any changes on this platform are bound to affect the overall ecosystem. Therefore the opportunity is ripe to diversify your portfolio by investing in these top 5 cryptocurrencies that will see massive growth with the ETH Merge.
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