Top Five Crypto That Will Dethrone Ethereum After ETH Merge
The ETH Merge upgrade is considered to be one of the biggest upgrades in the crypto market
Last week, news of the ETH Merge has been spreading across the market. On 11th August, Ethereum developers declared September 15 -16 as the official date for the Merge. The report has been stirring action for several crypto assets. Investors will want to get a piece of Ethereum at prices today, and we could see ETH rise in the days before The Merge launches. As investors witness a successful transition occur, they might take some profits, causing Ethereum to slide. But over those next weeks and more likely in months, activity on the Ethereum blockchain will rise as developers and users flock to take advantage of higher speed and lower fees. On that note, let’s explore the top cryptocurrencies that will remove Ethereum after ETH merge.
Cardano has shown stunning price performance over the past year. ADA is popularly known as the third-generation cryptocurrency that aims to fix some of the problems faced by both Ether and BTC. Its mission is to use blockchain technology and solve real-world problems while taking a research-intensive approach to development. Another reason why investors might prefer ADA over others is that its algorithm is more sustainable than the rest.
Solana can process 50,000 transactions per second, while Bitcoin can process only about 7 TPS. This proves that SOL is a lot faster than BTC. It has a programmable blockchain that can run smart contracts, and like Cardano, it is environment-friendly as well. The performance of SOL in 2021 has been quite remarkable and has made its way to becoming the fifth-largest cryptocurrency by market capitalization.
Many people like the idea of cryptocurrency but are deterred from investing in it due to its decentralized nature. Ripple claims to offer some of that safety. It is the seventh-largest cryptocurrency in the market and is the shiniest token on top of the altcoin pyramid. XRP boasts incredibly fast transactions within a few seconds with minimum transaction costs.
Litecoin is often considered a close sibling of BTC. Both cryptos work in the same way, except there are a few differences that make LTC more appealing. The Litecoin system was designed to operate about 4 times faster than that of Bitcoin. Litecoin can confirm the legitimacy of transactions much faster than Litecoin. BTC only has a limit of 21 million, whereas Litecoin has a limit of 84 million coins. Even though its performance has been low, LTC has a great chance in the future.
Avalanche is a rising star in the crypto market. Its native AVAX coin can be used both as a part of the avalanche consensus mechanism and for paying transaction fees. For the year-to-date, Ethereum has gained a staggering 3,800% of profits. With more applications moving into its ecosystem, the crypto is most profitable to reach the position of the largest cryptocurrency in the market in the future.