The 5 crypto coins including Solana and Helium coins are starting to attract the attention of crypto players. Why is Ethereum one of the competent comparators? Ethereum has gone up more than 150,000% since its launch. But this crypto has done much better this year.
It is worth noting that Ethereum is the first cryptocurrency with the very important smart contract capabilities that support decentralized finance and other applications. Many cryptocurrencies have performed better than Ethereum so far, including Solana, Cardano, Polygon, Decentraland, and Helium coin.
Apart from those 5 fantastic value cryptos, Ethereum (ETH) is the second largest cryptocurrency by market cap and its price has increased by more than 150,000% since it was first launched in 2015.
However, its performance this year is up 500% since January 1st, but it pales in comparison to a coin that has made gains of over 5,000%. This is one of the reasons why many tokens or coins currently outpace Ethereum.
One of the reasons many tokens have surpassed Ethereum is due to the fact that Ethereum is revolutionizing ideas about what blockchain technology can do.
Where Bitcoin (BTC) uses blockchain as a large sophisticated guide to track its decentralized money, the Ethereum blockchain can store smart contracts. A smart contract is a small piece of self-running code that powers things like decentralized finance (DeFi) applications.
Ethereum still hosts the vast majority of applications. But it has also fallen victim to its own success. The network is congested and users complain of high transaction fees.
As a result, a number of newer, faster, and cheaper platforms called the Ethereum killer are starting to catch up. And some of them have seen dramatic and fantastic price increases this year.
Indeed, according to CoinMarketCap data, of the top 100 cryptocurrencies by market cap, 41 have outperformed Ethereum since early 2021.
In this article, we will discuss 5 crypto coins that have great potential to outperform Ethereum.
1. Solana (SOL)
Like Ethereum, it is a programmable blockchain. It currently hosts over 500 different projects, from non-fungible tokens (NFT) to DeFi applications. The reason Solana attracts people’s attention is because Solana is capable of processing more than 50,000 transactions per second (TPS), and each one costs a fraction of a penny.
2. Cardano (ADA)
Cardano is another programmable blockchain that takes a different approach to the many crypto coins on the block. Cardano is built to last and that is why Cardano remains one of the top cryptocurrencies by market cap and has been up nearly 1,000% since the start of the year.
3. Polygons (MATIC)
There is another group of cryptocurrencies called layer 2 solutions, which aim to solve Ethereum’s problems by adding an additional processing layer on top of the existing blockchain. Polygon is a leader in this area, thus growing at 9,000%-plus this year.
4. Decentraland (MANA)
The Metaverse token has flown this year, even more so after Facebook announced it would be changing its name to Meta. It’s no surprise that the leading virtual 3D world token has outperformed Ethereum by an increase of over 4,600%. Players can use MANA to pay for goods and services in Decentraland, as well as buy and develop land there. Remember, considering Decentraland is currently built on top of the Ethereum ecosystem, it can be argued that a win for MANA is also a win for ETH.
5. Helium (HNT)
Helium is one of the few cryptocurrencies that uses blockchain technology to solve real-world problems. In this case, members of the Helium community run a powerful set of wireless hotspots, called LongFi. Today, most of them tend to buy Lindox helium miner.
Hotspots power the internet of things where all devices are connected by an internet network. When people use the network, the hotspot owner gets the HNT token. The appeal of Helium is that it can provide cheap and secure internet access worldwide which may be the reason why its token price has gone up by more than 3,000% this year.
