Find out if coming year could be positive for Ethereum's competitors ethereum cardano solana
As noted in 2022, Ethereum's competitors had a bad year. Although they were the big highlights of 2021, in recent months they have suffered from the bear market alongside other altcoins. But may this change in 2023?
Furthermore, in 2023, stablecoins will arrive on the ADA network, and this could be a bullish catalyst for the cryptocurrency. After all, more stablecoin assets could cause it to continue increasing its total value locked in decentralized finance . However, this has not affected Solana's growth in the non-fungible token sector. After Ethereum, Solana's network remained the leader in this market. Of course, it should be noted that Solana has a fast network and low fees, something that while not unique to the altcoin, is still attractive.
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