Looking for the next big cryptocurrency to invest in? Look no further than one of Cardano (ADA), Stellar (XLM) or Seesaw Protocol (SSW). Throughout the summer months, these cryptos could see monumental price rises and step out of the shadows of their competition.
Cardano could outperform Ethereum in the battle of smart contract platforms whilst XLM is perfectly poised to beat XRP to all-time highs. Seesaw Protocol has just launched into the mainstream after its extremely successful presale run.
Cardano is an open-source, decentralised blockchain network that was introduced in September 2017. Cardano, like Ethereum, enables smart contracts but aims to improve their performance and interoperability. It is hoped that this would increase their functionality and accessibility relative to Ethereum smart contracts, allowing even the average Joe to design their own decentralised apps (dApps).
ADA has been in the shadow of Ethereum for 5 years now but has remained one of the top 10 cryptos on the market. Cardano’s network has two different layers which helps improve efficiency. All ADA transactions are handled by the Cardano Settlement Layer (CSL) whilst the smart contract capabilities are processed by the Cardano Compution Layer (CCL).
The price of ADA is currently trading at $0.84 which is considerably lower than its highest ever price of $3.09. Should it reach the levels of Ethereum then ADA is expected to reach a price of around $10 which would see you 10x your money if you bought now.
Stellar is a cryptocurrency project that aims to make cross border payments simple and effective for everyone. XLM is similar to another crypto called XRP which facilitates cross border payments between banks. Stellar on the other hand is geared more towards the individual, particularly those living in underdeveloped regions of the world.
Stellar plans for XLM to be used worldwide, helping those underprivileged people get into the banking system and participate in the global economy. The price of XLM may be affected by the lawsuit that XRP has with the SEC. As the two coins are similar in many ways we could predict that holders of XRP are also holders of XLM.
In contrast, investing in Stellar could be a handy alternative to XRP and as a result, XLM may see significant price increases over the next few months. Valued at just $0.18 currently, many believe that Stellar is set for a price rally up towards the $1 mark before the end of the year.
Seesaw Protocol (SSW)
Seesaw Protocol has finally launched on the decentralised exchange (DEX) Pancake Swap (CAKE) and is available for trading. SSW rose to a price of $0.46 after its successful presale before seeing a dip on release.
In the last 24 hours, SSW is up 180% which could be down to the $19,000 worth of tokens that the Seesaw Protocol team has bought via their marketing wallet. These SSW tokens have been sent to the burn wallet which will decrease the overall supply of SSW and therefore make each individual token more valuable.
Seesaw Protocol is a fully decentralised DeFi and multichain platform that allows you to swap, farm and leverage your SSW tokens for other benefits. Launched on the BNB chain, Seesaw will expand its network reach and be available on both the Ethereum (ETH) and Polygon (MATIC) networks too. Eventually, you will be able to bridge between the three networks with your SSW tokens to find the most efficient and cost-effective blockchain for your needs.
Now fully established in the crypto universe, Seesaw Protocol could see an increase in price throughout the rest of 2022 as new investors flood into the project. A price of $0.46 has already been achieved before showing us that now could be one of the best opportunities to buy SSW.
Find Out More Here:
Seesaw Swap: https://swap.seesawprotocol.io/
KEYWORDS: Cardano, ADA, Stellar, XLM, Seesaw Protocol, SSW, Ethereum, XRP, Smart Contract