• 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

Mobile Payments Transform Trading Experience for On-the-Go Traders

chest

Mobile payment methods are evolving to meet the needs of traders on the go.

user avatarLi Weicheng

Ewallets Gain Popularity Among Traders for Fast Transactions

chest

Ewallets are becoming a popular choice for traders due to their speed and convenience.

user avatarAisha Farooq

US Labor Costs Slow, Influencing Federal Reserve Rate Decisions

chest

The US Bureau of Labor Statistics reported a 3.5% slowdown in labor cost growth for Q3 2023, the lowest in four years, which may lead to potential rate cuts by the Federal Reserve.

user avatarTenzin Dorje

ElevenLabs Shifts Focus to Conversational AI

chest

ElevenLabs is transitioning from AI voice technology to a comprehensive conversational AI platform.

user avatarElias Mukuru

ElevenLabs Tackles Deepfake Prevention

chest

ElevenLabs is implementing advanced strategies to prevent deepfake misuse.

user avatarBayarjavkhlan Ganbaatar

ElevenLabs Achieves $66 Billion Valuation

chest

ElevenLabs has reached a staggering $66 billion valuation, doubling its worth in just nine months.

user avatarMohamed Farouk

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.