Cardano (ADA) and Optimism (OP) are two coins that investors are turning to, as they grow their influence in the crypto market. Cardano (ADA) has been quietly building toward a fully decentralized model, while Optimism (OP) is outshining the competition in the race for scalability. Both projects have their merits but analysts are also excited about Uwerx, which is looking to disrupt a blue chip sector with the blockchain. Read on to find out more about these top crypto projects.
Optimism (OP) Edges Ahead in Layer 2 Battle
Optimism (OP) is an Ethereum Layer 2 scaling project, which has been growing in confidence in recent months. The project is going through a big upgrade in the March-to-April period with a plan to decrease fees on the blockchain. The latest Optimism (OP) development will also target faster transactions and enhance its compatibility with the Ethereum Virtual Machine (EVM).
These upgrades will add to the coins’ growing reputation as a top Ethereum scaling option. Arbtitrum has been the main competitor but Optimism (OP) has edged ahead and could bring a solution to high Ethereum gas fees. The Optimism (OP) upgrade is known as “Bedrock,” and the OP token rallied 25% on the initial announcement. Optimism (OP) trades at $2.04 but we see the project going to $5.50 in 2024.
Cardano (ADA) Founder Looks to NFTs for Growth
Cardano (ADA) went through a major blockchain overhaul in 2020-21 and that saw th ecoin miss out on some of the bull market hype. Cardano (ADA) started to see some traction towards the end of 2021 as it attracted developers and touted the decentralized finance sector. However, that coincided with the peak in the market and Cardano (ADA) was maybe late to the party. Despite the bad timing, the project continues to tap into the hot sectors and has its own metaverse developments.
The latest goal for Cardano (ADA) is for NFTs and the project’s founder said: “The thing about NFTs in Cardano is it is the most vibrant part of Cardano at the moment. It’s the fastest moving – 8 million assets have been issued. I think more than half the projects are in some way NFT-related, and it’s just exciting to see that level of durability, resilience, passion, and excitement”. Cardano (ADA) currently trades at $0.39 but it is being weighed by the bear market. When institutions come they will see this as a secure project and we see a price of $5.00 in 2024.
Uwerx (WERX) Can Offer Early Mover Investor Gains
Uwerx has the potential to outperform both Cardano (ADA) and Optimism (OP) in the year ahead with its niche idea. Uwerx project is bringing the world of freelance work to the blockchain and will look to disrupt the market for companies like Upwork. This is a trillion-dollar market that is growing fast and Uwerx can disrupt the sector with its plans to slash fees from 20% to 5%. The use of digital ledger technology can also be a benefit for employers and freelancers.
Uwerx is currently in a presale but has received two separate audits from Solidproof and InterFi Network. The liquidity raised in the presale for development will also be locked up for a period of twenty-five years, which highlights the long-term plans of the developers. The WERX token is currently priced at $0.00995 and a price increase to $0.012 is due on Saturday. Iinvestors see this going to $1.00 in 2023, with the potential for $2.80 by early-2024.
Investors in crypto know that the biggest gains in a project come during the early stages when marketing and exchange listings bring new projects to the masses. That is the opportunity with Uwerx and investors can find out more in the links below and earn an extra 20% on your purchase.
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network