The White House listed DLT (Distributed Ledger Technology) as one of eight key emerging technologies expected to power economic growth in the coming decade. Blockchains are built on top of DLT, and does this hint mean the US has warmed up to the idea of crypto? Analysts recommend Aptos (APT), EOS (EOS), and Collateral Network (COLT) to take advantage of this coming boom.
Collateral Network (COLT) Next Generational Lending Protocol
Collateral Network (COLT) unlocks liquidity for real-world assets and is the first decentralized lending protocol to incorporate alternative loan collateral. This gives the challenger lender a first-mover advantage, but greater than this makes it the first protocol bridging DeFi and TradFi.
Collateral Network can onboard a limitless amount of value into the DeFi ecosystem, unlocking new lending and borrowing options for users worldwide. Collateral Network mints 100% asset-backed NFTs for asset owners that they can leverage on the marketplace to access institutional-level liquidity. Lenders on the platform can supply liquidity and earn a stable return on stable assets.
The native token $COLT has already been forecast to surge by 3,500% before the presale closes. With a doxxed team, a detailed roadmap, a special invitation to access private auctions for presale participants, and plans to list on centralized exchanges in the coming months, Collateral Network is easily one of the hottest projects on the market.
Aptos (APT) Next-Gen Layer One
Aptos (APT) is a third-generational layer one blockchain that introduces a new programming language called Move based on Rust. Prolific VC fund a16z heavily funded the project, and with such heavy-weight backers, Aptos (APT) prematurely guaranteed itself a spot in the crypto landscape.
Aptos (APT) Labs recently partnered with Mastercard to work on on-chain identity and payments. Alongside this, Aptos (APT) announced its hackathon that would take palace in Amsterdam later this year in June. Hackathons always generate buzz, as sometimes it is at these events that the best DeFi protocols are created. Analysts seem to believe somebody will build something excellent at the Aptos (APT) hackathon. Price predictions for Aptos (APT) hover between $18.03 and $22.06 by the end of 2023, marking a clean upwards surge of 200%.
EOS (EOS) Integrates EVM
EOS (EOS) launched in 2018, and at the time, this highly scalable layer one massively outclassed its competition. EOS (EOS) uses a Delegated Proof of Stake (DPoS) consensus mechanism that powers its impressive throughput. However, EOS (EOS) suffered from a lack of human capital/ talented developers.
Developers already fluid in Solidity did not want to learn how to program on the EOS (EOS) Virtual Machine. As a result, DeFi development on EOS (EOS) crawled to a halt. EOS (EOS) launched their EVM (Ethereum Virtual Machine) emulator, and this has caused analysts to flip bullish, predicting that EOS (EOS) could trade as high as $2.20 by the close of the year.
EOS’s (EOS) EVM emulator allows Solidity developers to deploy smart contracts on the network and combines Ethereum’s pool of talented developers with the high performance of the EOS (EOS) network.
Find out more about the Collateral Network presale here: