• 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

US Music Festivals Continue to Operate Without Crypto Integration

chest

US music festivals like Vibe Fest and Vibes Music Festival are not integrating crypto technologies.

user avatarTomas Novak

Coinbase Set to Launch Perpetual-Style Futures for Altcoins

chest

Coinbase will introduce US perpetual-style futures for altcoins starting December 15, allowing traders to hold positions indefinitely.

user avatarKenji Takahashi

Challenges Ahead for Sui ETF Approval

chest

The SEC's review process poses significant challenges for the approval of the Sui ETF.

user avatarMaya Lundqvist

Potential Benefits of Grayscale's Sui ETF

chest

Grayscale's submission of an S1 registration statement for a Sui ETF is a formal request to create a publicly traded fund. If approved, this ETF would provide several key benefits, including accessibility for retirement accounts, enhanced legitimacy for institutional trust, and increased liquidity for SUI trading.

user avatarKaterina Papadopoulou

New Vaults Launching on Solana for Real-World Asset Yields

chest

Plume is onboarding five established Nest vaults to the Solana ecosystem, backed by major traditional finance names.

user avatarLeo van der Veen

Leveraging Real-World Asset Yields on Solana

chest

An exciting development for Solana users as Loopscale plans to launch a feature allowing users to leverage their Nest vault tokens for potential greater returns, while also increasing associated risks.

user avatarLi Weicheng

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.