- Quant is up 12.51% in the last 24 hours.
- Ethereum congestion is also a problem that Polygon is tackling.
Let us look at the top 3 cryptocurrencies to consider in March 2022.
Polygon (MATIC)
A scaling solution for Ethereum called Polygon (MATIC) has already been well established. Its key benefit is the reduction of Ethereum network transaction costs while also accelerating transaction speeds. Ethereum congestion is also a problem that Polygon is tackling. Decentralized application (DApp) developers may avoid excessive gas expenses by using it as a layer 2 blockchain. Polygon’s use case is expected to develop significantly as additional applications are added.
According to CoinMarketCap, the Polygon price today is $1.63 USD with a 24-hour trading volume of $928,522,613 USD. Polygon has been up 3.86% in the last 24 hours.
Aave (AAVE)
AAVE, one of the most popular Decentralized Finance (DeFi) protocols globally, just launched AAVE V3. Due to the overwhelmingly positive response to this launch, investors who had previously pulled out of the altcoin market have now returned. Over 40.41 percent of the DeFi token’s value has been gained since the introduction of AAVE V3 on March 16. In addition, costs were reduced by 20 to 25 percent in the latest protocol update that included a wide range of enhancements, including cross-chain transactions and gas optimization.
According to CoinMarketCap, the Aave price today is $170.62 USD with a 24-hour trading volume of $444,662,720 USD. Aave is up 8.15% in the last 24 hours.
QUANT (QNT)
In order to link the various blockchain networks, the project is designed as an operating system for distributed ledger technology—and the Overledger Network. As the world’s first blockchain-specific operating system, it’s a big deal. Quant’s primary goal is to bridge the gap between multiple blockchains utilizing Overledger. The Overledger network, which Quant claims are the ecosystem for the digital economy of the future, serves as the project’s foundation.
According to CoinMarketCap, the Quant price today is $142.28 USD with a 24-hour trading volume of $70,171,905 USD. Quant is up 12.51% in the last 24 hours.
