Polkadot, Cardano, ETH and Blocknet... All projects with huge news, huge moves, and huge increases by August this year.
And with the emergence of multiple DeFi platforms, the success of a contract or DApp on any one platform creates a demand for DApps on any platform to interoperate with it. The varying performance and cost differences of these platforms make it advantageous for developers to cherry-pick and orchestrate contracts across chains. And we know what's the only project that enables interoperability with effectively every chain in existence and is decentralized at the interchain level.
Exciting times ahead!
It is true that altcoins have been doing very well during the last weeks and we have seen them performing at a better rate than what we are seeing in bitcoin, however I will still say that people need to be very careful because the market could always switch in the blink of an eye, we know that the majority of traders use altcoins just to get more bitcoin but there is not really a lot of interest coming from institutional investors to those coins which is going to make the market of altcoins incredibly volatile during the next months.And with the emergence of multiple DeFi platforms, the success of a contract or DApp on any one platform creates a demand for DApps on any platform to interoperate with it. The varying performance and cost differences of these platforms make it advantageous for developers to cherry-pick and orchestrate contracts across chains. And we know what's the only project that enables interoperability with effectively every chain in existence and is decentralized at the interchain level.
Exciting times ahead!