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Author Topic: What will be the next potential ecosystem after Solana?  (Read 77 times)
RyanHuang (OP)
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September 24, 2021, 11:53:01 AM
 #1

According to the MEXC market, the Solana project’s SOL has increased by more than 682% in the past month since August. Although it has experienced a mainnet crash and market stabilization, it still maintains an increase of more than three-fold.

Other than Solana, other public chain projects in the market also hold potential. The following is an introduction to Polkadot, Celo, Cosmos, Near, and Avalanche. As the competition in the public chain intensifies, it is worth it to wait and see who will capture the value of more markets and projects in the future. We believe that only the continuous progress of blockchain infrastructure can bring a more prosperous ecosystem. (the following data are sourced from CoinGecko on September 23)

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September 25, 2021, 08:57:57 AM
 #2

In my opinion, if any good blockchain ecosystem can have the same potential as solana. I were watching avalanche and its activities and it seems like avax was the only blockchain that almost has the same activity as solana. The adoption was fast enough like solana. The ecosystem keeps growing as NFT platform, Avalanche defi, and so many more platforms are deployed on the avalanche blockchain.

I have been watching cosmos as well but the development progress was not so fast like avalanche. Avax was showing the impressive results after solana. Another blockchain like celo, near is still lack of adoption by the developers to expand its ecosystem. You must remember that even a big blockchain project can be a failed project anytime when there's no innovation being developed. I will take NEO as the best example for it. Avax was the most potential blockchain after solana.

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September 25, 2021, 09:13:28 AM
 #3

Emerging public chains such as NEAR and CELO may have a good development recently.

But I think DOT can develop into a huge ecology. The substrate framework is very helpful to the development of blockchain.
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September 25, 2021, 09:25:00 AM
 #4

Emerging public chains such as NEAR and CELO may have a good development recently.

But I think DOT can develop into a huge ecology. The substrate framework is very helpful to the development of blockchain.
Not only DOT may be very capable of developing well, but there are several others who are developing for the better such as Matic, Solana, Cardano and a few others as well, so this should also not be forgotten.

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September 25, 2021, 10:48:27 AM
 #5

I think that that hunting for the next big things is overrated. It's very risky and requires a lot of effort because there are literally thousands of projects out there, only dozens of which will get at least some decent attention and investments. On the other hand, there are good coins that are already very popular. Sure, they got pumped a lot before, but it doesn't mean there's no prospect of further growth. Indeed, many thought it was too late to invest in Bitcoin when it cost $1k, then during a long time of $7k, and then at $20k, but as experience shows, these were all pretty good price points. If we take good altcoin projects like Polkadot or Solana, it's the same situation. They are already very popular, but that makes them relatively safe investments IMO.

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September 25, 2021, 12:42:18 PM
 #6

It is a wave of pumping and dumping, and if you are looking for profit, any project with a low market capacity and interest in investors will increase its price by more than 600% within a short period.
Therefore, it is difficult for currencies with high market capacities (top 20 cryptos) to achieve such results unless there is an injection of liquidity into Bitcoin, and therefore most of the recommendations above need to be lucky to achieve this profit.

I think Stellar (XLM) and THETA (THETA) are under-value projects but that doesn't mean it will reach to 600% bump.

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September 25, 2021, 12:55:15 PM
 #7

I think the next heated chain will be AVAX as loads of publications have started going out to the project and the alternative projects that are on it. imagine what publicity that went on ahead of Solana and what its impact was o the Solana ecosystem. The same is what will happen to AVAX when their community gets heated up.

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September 25, 2021, 01:14:30 PM
 #8

I think Polkadot is the answer because it has many advantages, among others, Polkadot supports multiple blockchains through a mechanism called “sharding” or parachain. This allows transactions to be processed efficiently and in parallel.
Various parachains and Polkadot applications can share information and functionality thanks to the interoperability of the project design and the compatibility between the chains.
Each Polkadot parachain can be customized to a specific use case or application.
Polkadot can be upgraded without a time-consuming hard fork, therefore new features can be added without completely overhauling the network.

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September 25, 2021, 01:51:09 PM
 #9

AVAX, ONE, ADA will be projects with potential ecosystems because a lot of money is pouring in to develop these ecosystems.
Most recently, AVAX was invested $230 million and ONE was invested $300 million.
ADA has a very large community, and the level of FOMO about projects on ADA will be extremely large.
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September 25, 2021, 02:09:02 PM
 #10

After Solana, DOT will be next potential coin because it is a coin with a Blockchain which will be foundation for other projects to be built on.

It is not a gambling because you will invest in a project that has good products not only for itself but also are useful for other projects. The second part is important because it will have mutual growth together with other projects on the same Blockchain.

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September 25, 2021, 02:19:51 PM
 #11

So far, Solana's development has been impressive since August, there's been a lot of talk about Solana's potential, then there's another one, namely Avalanche, its development is almost similar to Solana's, these two projects have the same pattern of movement, just waiting for the Avalanche community to heat up, and of course this will have an impact in the crypto space. Many have also said this on twitter by looking at the graphics of these two projects which are similar.

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