In an explosive move reminiscent of the growth of Binance Smart Chain (BSC) and Polygon earlier this year, the Avalanche blockchain is attracting a flood of new deposits into its ecosystem. The total value locked in Avalanche’s DeFi ecosystem has swelled to $1.8 billion in the last month. And the price of AVAX has risen from $10 to $50, a 500% of increase.
With the massive attention being put on AVAX and the recent bull run of ETH, some experts are expecting a new race of public chains. I do agree on it and here are some of the public chain projects that I am following:
1. AVAX:
$180 million Avalanche Rush program is currently tailored to users. Over time, the money could be used to incentivize developers to build more platforms on Avalanche. AVAX could reach $100 at the end of this year.
2. Chillz:
The NFT frenzy that began in February has not seemed to stop. Chiliz, an on-chain NFT issuance platform cooperating with many well-known sports events and clubs are definity one of my picks.
3. Kinglory:
A large-scale commercial high-performance blockchain ecological platform with solid team and backed by famous funds. I heard news that its token will be issued soon and I am definity in for this project.
What public chain are you following?