• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Sensei Inu Logo Sensei Inu Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino
Breaking News: BREAKING: Three Arrows Capital Co-Founder Receives 4-Month Jail Sentence In Singapore
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino
Bitcoinist.com
No Result
View All Result
Breaking News: BREAKING: Three Arrows Capital Co-Founder Receives 4-Month Jail Sentence In Singapore

3 Cryptocurrencies to Buy in February – Ethereum (ETH), Solana (SOL) and Seesaw Protocol (SSW)

Bitcoinist by Bitcoinist
2 years ago
in Press releases
0

The cryptocurrency market has taken a tumble in recent weeks with big caps like Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) losing over 40% of their value. However, wild swings are commonplace in cryptos and investing is certainly not for the faint-hearted. Now might be the best opportunity to buy top cryptos for a discount.

While Bitcoin is still the most popular cryptocurrency at the moment, Ethereum (ETH), Solana (SOL), and Seesaw Protocol (SSW) may outperform it in terms of rate of return in 2022.

 

Ethereum (ETH)

Ethereum, the second most popular cryptocurrency, is the primary competitor to Bitcoin. While the two cryptocurrencies are similar in many ways, Ethereum outperforms Bitcoin in several critical areas.

The Ethereum network is widely used for decentralized applications (dApps), such as smart contracts, which enable two parties to conduct legal transactions without involving a third party, such as a lawyer. Additionally, Ethereum hosts a number of projects devoted to decentralized finance (DeFi) and non-fungible tokens (NFTs).

Ethereum is converting to a proof-of-stake (PoS) protocol from a proof-of-work (PoW) protocol. To verify transactions in PoW, powerful computers must solve complex puzzles. On the other hand, in a PoS system, validators verify transactions in exchange for rewards in the form of a percentage of their cryptocurrency holdings.

Bitcoin remains a proof-of-work cryptocurrency, which means that mining it is extremely time-consuming and energy-intensive. When Ethereum fully converts to a Proof-of-Stake system, it will consume approximately 99.95 percent less energy, be significantly faster, and be significantly cheaper, allowing it to scale and possibly surpass Bitcoin.

Solana (SOL)

Solana’s price increased by over 11,000 percent last year, establishing it as a significant player in the cryptocurrency world.

Solana’s primary advantage is its speed. Bitcoin is currently capable of processing approximately seven transactions per second. In comparison, Solana, according to reports, is capable of processing up to 65,000 transactions per second. As with Ethereum, Solana is capable of hosting decentralised applications (dApps), and it currently hosts a variety of projects, from DeFi to NFT marketplaces. As a result of its rapid growth, developers have flocked to Solana, making it one of the fastest-growing cryptocurrencies.

However, Solana may be a riskier investment than Bitcoin as it makes use of the proof of history protocol, which is uncommon in the world of cryptocurrencies. A report recently published by the institutional investment firm Grayscale stated that this could potentially increase the company’s vulnerability to attacks. Solana had come under attack several times last year, including a 17-hour outage in September.

Despite the security concerns Solana still seems like a sound investment as it has tremendous growth potential and as previously stated, many developers are definitely putting their confidence in the blockchain. Although, Solana does come with a higher risk, so keep that in mind before making a purchase.

Seesaw Protocol (SSW)

By this point, you probably would have noticed a recurring theme throughout this article. One that demonstrates how the evolution of cryptocurrencies creates value. Bitcoin’s relevance as technology is rapidly eroding. As the forefather of all cryptocurrencies, Bitcoin is constrained by its proof-of-work (PoW) system, which makes it slow and expensive.

Seesaw Protocol (SSW) is the logical next step in the evolution of cryptocurrencies, providing a multi-bridge DeFi and NFT marketplace.

Solana’s “wormhole bridge” currently only connects its blockchain to Ethereum. Seesaw Protocol, on the other hand, will function as a true cross-chain connector, between Binance’s Smart Chain, Polygon, and Ethereum.

According to its creators, SSW’s platform enables users to conduct cross-chain swaps at the best possible rates using multiple solutions.

Seesaw Protocol has recently launched its presale, providing investors with an excellent opportunity to buy before it before the possibility of tremendous growth. As crypto investors have repeatedly seen with Solana, Avalanche, and Polkadot, getting in early on a cryptocurrency can result in massive rewards.

Just as Solana and Avalanche outperformed Bitcoin in terms of return on investment in 2021, Seesaw Protocol could replicate those results.

For More on Seesaw Protocol:

Presale: https://presale.seesawprotocol.io/register

Website: https://seesawprotocol.io/
Telegram: https://t.me/SEESAWPROTOCOL
Twitter: https://twitter.com/SEESAWPROTOCOL
Instagram: https://www.instagram.com/seesaw.protocol

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Bitcoinist

Bitcoinist

Bitcoinist is the ultimate news and review site for the crypto currency community!

Related Posts

Best 7 Cryptos For Beginners To Buy

Best 7 Cryptos For Beginners To Buy

1 hour ago
From Setbacks to Success: Uwerx’s Recovery/Relaunch Plans Underway

From Setbacks to Success: Uwerx’s Recovery/Relaunch Plans Underway

3 hours ago
Prepare for the Next Bull Market: The 5 Best Cryptos to Buy in October

Prepare for the Next Bull Market: The 5 Best Cryptos to Buy in October

7 hours ago
Meta Force and Lado Okhotnikov Presented the Results of Decentralization Before the Metaverse Launch

Meta Force and Lado Okhotnikov Presented the Results of Decentralization Before the Metaverse Launch

20 hours ago
Bitcoin (BTC) and Litecoin (LTC) Ascending –  Is it a Bull Trap? New Coin Offers 20X Opportunity

Bitcoin (BTC) and Litecoin (LTC) Ascending – Is it a Bull Trap? New Coin Offers 20X Opportunity

23 hours ago
Ethereum (ETH) and Ripple (XRP) Facing Key Levels – ETH & XRP Long-Term Holders at Crossroads

Ethereum (ETH) and Ripple (XRP) Facing Key Levels – ETH & XRP Long-Term Holders at Crossroads

24 hours ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit

Press Releases

  • Best 7 Cryptos For Beginners To Buy

    1 hour ago
  • From Setbacks to Success: Uwerx’s Recovery/Relaunch...

    3 hours ago
  • Prepare for the Next Bull Market: The 5 Best Cryptos to Buy...

    7 hours ago
  • Meta Force and Lado Okhotnikov Presented the Results of...

    20 hours ago
  • Bitcoin (BTC) and Litecoin (LTC) Ascending – Is it a...

    23 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
      • Casino utan svensk licens
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Best crypto casino

© 2023 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.