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

Top Contenders to Replace Ethereum in DeFi

user avatar

by Giorgi Kostiuk

a year ago

  1. Pawfury: The Up-and-Coming DeFi Contender
  2. Cardano: The Sustainable Blockchain Alternative
  3. XRP: The Payment Protocol with DeFi Aspirations


    4. Ethereum (ETH) has long dominated the decentralized finance (DeFi) space, serving as the backbone for most DeFi projects and protocols. However, as the crypto market matures, a new wave of challengers is emerging with the potential to rival Ethereum’s DeFi supremacy.

    Pawfury: The Up-and-Coming DeFi Contender

    Pawfury (PAW) is an innovative altcoin quickly gaining traction among DeFi enthusiasts. Pawfury is in its presale phase and has already raised over $6 million.

    Cardano: The Sustainable Blockchain Alternative

    Cardano (ADA) has emerged as a strong competitor in the DeFi space, focusing on scalability, sustainability, and security. Its Proof-of-Stake consensus mechanism makes it a greener and more efficient alternative to Ethereum.

    XRP: The Payment Protocol with DeFi Aspirations

    XRP is primarily known for cross-border payments, but Ripple is expanding its ecosystem into the DeFi realm. Its speed and low transaction costs make it compelling for financial applications.

    Cardano, XRP, NEAR Protocol, and Polkadot offer unique opportunities to challenge Ethereum’s DeFi dominance. However, Pawfury stands out with its innovative approach and strong community support.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Coinone Issues Critical MASA Investment Warning for Crypto Investors

chest

Coinone has issued a critical warning for MASA token investors about potential price volatility due to upcoming supply changes.

user avatarMaria Gutierrez

XRP Experiences Sudden Price Spike on Kraken Exchange

chest

XRP's price unexpectedly surged to 90 on Kraken, causing confusion among traders.

user avatarDavid Robinson

Regulatory Reporting Faces Operational Bottleneck

chest

The compliance crisis in finance is exacerbated by increasing regulatory demands and outdated processes. Regulatory reporting has become a significant operational bottleneck due to rising costs and resource burdens.

user avatarZainab Kamara

Ripple CTO Proposes Two-Tier Staking System for XRPL

chest

Ripple's CTO David Schwartz proposed a two-tier staking system for the XRP Ledger to introduce staking rewards and prevent centralization.

user avatarAndrew Smith

10 Strategies to Simplify Regulatory Compliance

chest

A report outlines actionable strategies to transform regulatory compliance into a strategic asset.

user avatarJacob Williams

BlackRock Clients Liquidate $165 Million in Ethereum Amid Market Volatility

chest

BlackRock clients liquidated over $165 million in Ethereum amid market volatility on November 17-18, 2023.

user avatarSon Min-ho

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.