cryptoknows (OP)
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August 21, 2021, 07:08:54 PM |
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What do you think about the rise in the price of tokens of many Cross-chain projects? These projects are solving the problems of the Ethereum network now. But what will happen after the release of ETH2.0 For example: Near Protocol 215% per month Solana ≈ 200% per month DOT ≈ 127.8% per month ADA ≈ 110% per month
This is amazing! What do you think about this? How promising is it to develop their ecosystems, to what extent is this applicable to the crypto market? And the main question: Will it have a long-term demand among crypto enthusiasts?
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asriloni
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August 21, 2021, 10:28:11 PM |
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They were promising project but the growth that happened with them didn't related to the cross chain ecosystem. I will take ADA as an example and the big pump that happened with ADA caused by there will be a smartcontract functionality. As long as it will be fully utilized and it can also have long term demand just like ethereum. Remember that to be exist in the long term and a token or coin must have functionality that can be used by the users regularly just like the smartcontract creation or something like that.
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kurniawan05
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August 21, 2021, 10:46:48 PM |
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I think it's not only because they cross the project chain, but the projects are useful for various parties, so the point is to survive a project must be able to grow and provide tangible benefits for its users.
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Jilapikhamu
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August 22, 2021, 06:01:10 PM |
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When people use this feature than just blast this coin price I hope next future is Crosschain project
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btc_angela
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August 22, 2021, 11:03:20 PM |
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What do you think about the rise in the price of tokens of many Cross-chain projects? These projects are solving the problems of the Ethereum network now. But what will happen after the release of ETH2.0 For example: Near Protocol 215% per month Solana ≈ 200% per month DOT ≈ 127.8% per month ADA ≈ 110% per month
This is amazing! What do you think about this? How promising is it to develop their ecosystems, to what extent is this applicable to the crypto market? And the main question: Will it have a long-term demand among crypto enthusiasts?
Very promising, as you can see, based on the price, investors are willing to pour their money on it. But there is a still a gap in my opinion, as the progress might be slow regarding cross chain. But the good thing is that this is just the beginning so the future looks bring and promising and for sure it will have a high demand. Imagine cross chains - linking two good projects worth billions, what can go wrong?
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sammy21
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August 23, 2021, 04:49:18 AM |
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It seems that crossing the project chain is not the main cause, there must be real benefits for those who own it, because without real benefits, even a large project will not survive and thrive in the crypto market, how much benefit to its users is an important point for the survival of a project .
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Ulvajaya
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September 05, 2021, 04:48:44 AM |
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As long as there is a smart contract function on the Ethereum network Currently, crypto assets have a very diverse amount. Choosing crypto assets to be used as long-term investments is even more tricky, why,,,??
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anandaijun
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September 05, 2021, 07:40:44 AM |
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Solana will look good in demand among crypto enthusiasts. The coin from the Solana Ecosystem that will be in high demand in my opinion is Coin98 and that is inseparable from the development of the Ethereum network. Currently the data shows trading volume as much as 45% even though Solana already has its own blockchain ecosystem.
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rezasg
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September 05, 2021, 03:41:31 PM |
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What do you think about the rise in the price of tokens of many Cross-chain projects? These projects are solving the problems of the Ethereum network now. But what will happen after the release of ETH2.0 For example: Near Protocol 215% per month Solana ≈ 200% per month DOT ≈ 127.8% per month ADA ≈ 110% per month
This is amazing! What do you think about this? How promising is it to develop their ecosystems, to what extent is this applicable to the crypto market? And the main question: Will it have a long-term demand among crypto enthusiasts?
hey dude. Stakenet and its native coin XSN is a project that worth your attention if you are interested in these types of improvements. Instant TXs and settlements Near-zero fees Scalable Cross-chain Private No wrapping API supported Backed by an amazing team and community.
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lumierre
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September 08, 2021, 03:37:44 AM |
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Your list consists of already popular and successful projects. They are already on top, but I think that we can still expect growth in the long term. There are more and more project blockchains and we need something to interact with different platforms and different projects. By the way, Near Protocol is just a layer 2 solution upon Ethereum, so it is not a cross-chain project.
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Dave1
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September 08, 2021, 03:50:23 AM |
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Your list consists of already popular and successful projects. They are already on top, but I think that we can still expect growth in the long term. There are more and more project blockchains and we need something to interact with different platforms and different projects. By the way, Near Protocol is just a layer 2 solution upon Ethereum, so it is not a cross-chain project.
And just like that, those coins listed by the OP is still pumping one month later. Maybe cross chains are the thing right now because ETH gas fees are so high that it's not worth to transaction small amounts. And investors are moving to other platforms that are cheap and yet their investors are going to grow overtime like SOL who are reaching new all time highs again and again.
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cryptoaddictchie
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September 08, 2021, 05:29:37 AM |
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How promising is it to develop their ecosystems, to what extent is this applicable to the crypto market? And the main question: Will it have a long-term demand among crypto enthusiasts?
Those projects are good but cross chains means they supported a bridge to other network or direct conversion to different chain. So I guess you missed some that are working on cross chain such as Bnb, polygon, avax, and fantom. Im not sure if solana have cross chain bridge to eth or any chain therr but most likely they are using exchange. Crosschain is a good feature which allow project to interact or expand with other chain.
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gaston castano
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September 08, 2021, 06:14:44 AM |
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apart from the high increase every month, some of the projects you mentioned are good for the long term so I think it would be profitable to buy and keep them either for short or long term. and compare it to other projects that did not experience such an increase. i think that good for invest now.
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cryptoknows (OP)
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September 08, 2021, 09:00:44 AM |
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Guys, 3 weeks have passed since the publication of this topic, and cross-chain projects are still growing every day, conquering new ATHs! Is it really true ETH will soon become unusable due to such a BIG competition of the best technological solutions?
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Shallow
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September 08, 2021, 10:23:28 AM |
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What do you think about the rise in the price of tokens of many Cross-chain projects? These projects are solving the problems of the Ethereum network now. But what will happen after the release of ETH2.0 For example: Near Protocol 215% per month Solana ≈ 200% per month DOT ≈ 127.8% per month ADA ≈ 110% per month
This is amazing! What do you think about this? How promising is it to develop their ecosystems, to what extent is this applicable to the crypto market? And the main question: Will it have a long-term demand among crypto enthusiasts?
On a more serious note, I used to think we are in NFT trend alone, but with current happenings within most blockchain platforms like Solana, ADA and so on, I think this is more than just NFT, it looks more like a combination of NFT and blockchain ecosystems, because even most blockchain platforms where developers are yet to get fully involved with NFT are also pumping, such as Algorand and Fantom. The good thing about this is, the more these ecosystems develops, the more value returns to this space, as a lot of people will see most platforms friendly to launch their projects and yes, it will have long term demand in the crypto space. However, if Ethereum solves their high gas fee issue, it will challenge a lot of these blockchain platforms, and which since competition is good, it only make other blockchain team to be more serious in order to retain their worth and value, in all making the crypto space more better and stronger.
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slaman29
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September 08, 2021, 01:06:09 PM |
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Those projects are good but cross chains means they supported a bridge to other network or direct conversion to different chain. So I guess you missed some that are working on cross chain such as Bnb, polygon, avax, and fantom.
Im not sure if solana have cross chain bridge to eth or any chain therr but most likely they are using exchange. Crosschain is a good feature which allow project to interact or expand with other chain.
Impossible to list them all but BNB isn't crosschain to my knowledge, it's just ETH for BSC. And Polygon is made specifically for Ethereum only if I'm not mistaken, so it's basically just crosschain between Polygon and Ethereum. Guess the ones OP mentions (I'm not so familiar so just guessing) are working with all the different chains, including BTC?
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cryptoaddictchie
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September 08, 2021, 02:06:24 PM |
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Impossible to list them all but BNB isn't crosschain to my knowledge, it's just ETH for BSC.
Why not. Only for eth? As long as there is a chain connected with it you can somehow identify that already as crosschain even using a bridge. But I get your point. You mean to say is that can support multiple blockchains isnt it? Im thinking which one has the most of it all. But bnb can do also multiple chain to polygon too and some chains like fantom.
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cryptoaddictchie
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September 09, 2021, 03:20:45 PM |
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Ethereum and BSC are NOT cross chain platforms, they are completely standalone networks.
Polygon etc. these are the bridges to ETH, BSC etc.
Yes they are. But there are certain platform that makes up to become crosschain, for example evodefi platform that runs in bsc network. But they have crosschain bridge for other network such as heco, fantom and polygon. If you just research and also there is eth to fantom chain bridge using multixyz platform. There are plenty out there.
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MSN02
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September 09, 2021, 04:15:25 PM |
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These chains keep pumping, it seems like this is the next thing to blow up. I know that Aurora on NEAR is doing absolutely amazing right now and many people from the ETH community are moving there to get away from high gas fees.
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nicolas1979
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September 09, 2021, 06:55:16 PM |
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What do you think about the rise in the price of tokens of many Cross-chain projects? These projects are solving the problems of the Ethereum network now. But what will happen after the release of ETH2.0 For example: Near Protocol 215% per month Solana ≈ 200% per month DOT ≈ 127.8% per month ADA ≈ 110% per month
This is amazing! What do you think about this? How promising is it to develop their ecosystems, to what extent is this applicable to the crypto market? And the main question: Will it have a long-term demand among crypto enthusiasts?
Yes. Of course, these coins have become a long-term investment. Because many investors are ready to spend capital to pump up the price of the coin. Solana and DOT in a short time made the coin highly priced due to the blockchain they developed. However the Cardano blockchain has been around for a long time, but the smart contract system is still in the development stage. I think this is also part of the biggest investment for the future.
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