In the cryptocurrency space, new altcoins are actively developing. Currently, a quartet: BlockDAG (BDAG), Ethena (ENA), Arbitrum (ARB), and TRON (TRX) catches special attention due to their unique features and prospects.
BlockDAG: New Liquidity Horizons
BlockDAG leads the list of considered altcoins. With the recent extension of the BEAT VESTING PASS until August 4, the project will launch full liquidity on the launch day, distinguishing it from many other cryptocurrencies. To date, it has raised $356 million, sold 24.6 billion coins, and attracted over 18,800 miners.
Ethena: Yield and Stability Innovations
Ethena, trading around $0.66, utilizes a synthetic dollar system and offers yield opportunities through the use of USDe for stability and sUSDe for earning income. With a total locked value of $7 billion, the project demonstrates growing popularity among DeFi users.
Arbitrum and TRON: Scalability and Payments
Arbitrum, valued at approximately $0.46, maintains its position as a leading Layer 2 Ethereum platform, processing over 40% of the L2 traffic. Meanwhile, TRON, priced around $0.32, actively leverages its capabilities in digital payments, accounting for over 35% of overall Tether volumes.
The altcoins BlockDAG, Ethena, Arbitrum, and TRON bring diversity to the cryptocurrency space, offering innovations in liquidity, yield, and payment convenience. Their development amid the growing interest in digital assets promises interesting prospects.
