Ethereum (ETH) is often seen as the trailblazer of smart contract platforms, transforming blockchain technology and paving the way for decentralized applications (dApps). Remember 2017? Ethereum’s incredible rise brought a jaw-dropping 9,404% price surge, making millionaires out of early adopters.
These days, a new wave of altcoins is stepping onto the scene, offering similar features to Ethereum but at a much more affordable price. Here are three exciting Ethereum-like altcoins that just might follow in ETH’s footsteps!
Cardano (ADA) Prioritizing Scalability and Sustainability
Cardano is often likened to Ethereum because of its clever smart deal functions and strong shared app system.
Made on a proof-of-stake system, Cardano is built with a big focu͏s on growth safety and long-lasting use, fixing many of the issues faced by Ethereum in its early time. Its careful making method, based on school studies has placed it as a liked place for builders and businesses too.
Even though it is in the top 10 digital coins, Cardano is still much cheaper than Ethereum. This makes it a good chance to invest. With many new DeFi and NFT projects growing fast, Cardano can likely follow Ethereum’s path as more people start to use it.
Lightchain AI Redefining Blockchain with Artificial Intelligence
Lightchain AI is revolutionizing blockchain technology with its innovative Proof of Intelligence (PoI) consensus mechanism, rewarding nodes for performing AI computations such as model training and optimization.
This novel approach bolsters both network security and efficiency, distinguishing it from traditional methods. With a comprehensive roadmap, Lightchain AI plans to launch its testnet in January 2025, followed by the mainnet activation in March 2025—highlighting a clear commitment to innovation and scalability.
The platform’s robust tokenomics features 10 billion LCAI tokens, with allocations designed for sustainability, including 40% for presale, 28.5% for staking rewards, and smaller portions for liquidity, marketing, the treasury, and the team.
By seamlessly integrating AI and blockchain, Lightchain AI tackles pressing issues like scalability and privacy, aiming to unlock real-world applications across diverse industries and lead in decentralized intelligence.
Avalanche (AVAX) High Performance and Custom Subnet Solutions
Avalanche is an increasingly prominent Ethereum alternative, recognized for its speed, scalability, and innovative architecture.
The platform’s unique subnet technology enables developers to create custom blockchain networks tailored to specific use cases, making it particularly popular in sectors such as gaming, DeFi, and enterprise blockchain solutions.
Competing within the same smart contract space as Ethereum, Avalanche distinguishes itself with the ability to process thousands of transactions per second, providing a notable performance advantage. Its advanced technology and relatively accessible price point make Avalanche an attractive option for investors seeking projects with significant growth potential.
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