• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cryptocurrency Innovations 2024: Immutable, Arweave, and MultiversX

user avatar

by Giorgi Kostiuk

3 months ago


In 2024, low-supply cryptocurrencies like Immutable, Arweave, and MultiversX are leading the charge in blockchain innovation. From NFT trading to perpetual data storage and unparalleled scalability, these tokens redefine decentralized solutions for the digital era.

Immutable: Application of NFTs in the Platform

Immutable implements a layer 2 solution to revolutionize the NFT industry, making it usable on the Ethereum platform. This solution eliminates high transaction costs and allows for instant ownership transfers, enabling efficient mass production and trading of NFTs without compromising security.

Arweave: Building the Permaweb

Arweave is changing the data archiving concept through its new social network designed for forever data storage. The 'permaweb' concept is integrated to keep content unaltered. It rewards miners through AR tokens to ensure data safety and conservation for future generations.

MultiversX: Leading Blockchain Scalability

MultiversX, formerly known as Elrond, advances blockchain scalability using sharding. Designed to handle 100,000 transactions per second, its architecture is fast and highly efficient. The EGLD token acts as the main network mechanism, supporting governance, transactions, and rewarding participants.

The technological advancements of Immutable, Arweave, and MultiversX indicate significant shifts in the realm of decentralized solutions. They showcase improvements in user experience, security, and data accessibility within blockchain systems, paving the way for a prosperous future for the next generation of innovative technologies.

0

Share

Other news

Analyzing North Korea's $1.5 Billion Crypto Heist

North Korea stole $1.5B from Bybit in 2025 using sophisticated hacking strategies.

user avatarGiorgi Kostiuk

9 minutes ago

Trump's Policies and Their Impact on Cryptocurrencies: Market Trends

Cryptocurrencies face new challenges due to Trump's policies affecting the global market.

user avatarGiorgi Kostiuk

9 minutes ago

Sony Singapore Integrates Cryptocurrency Payments for Users

Sony Singapore to accept USDC with Crypto.com, plans to expand cryptocurrency payment options.

user avatarGiorgi Kostiuk

9 minutes ago

PumpFi: Ape Now, Pay Later Solution for All Solana Assets

PumpFi allows Solana users to buy now and pay later for digital assets with no credit checks.

user avatarGiorgi Kostiuk

10 minutes ago

Revolut Warns of WhatsApp Scams Averaging £2,437 in Loss

Revolut's report reveals average WhatsApp scam losses in the UK at £2,437. Cybercrime is on the rise.

user avatarGiorgi Kostiuk

10 minutes ago

Bitcoin's Dominance Grows as Price Stabilizes at $84K

Bitcoin's price fluctuated but stabilized at $84K, dominance in the crypto market increased.

user avatarGiorgi Kostiuk

18 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.