It’s that time of year when investors begin to reassess their portfolios. And, while it is easy to get lost in the vast sea of options, only a few safe bets stand out. Snowfall Protocol (SNW) is one of them, a low-cap gem that has continued to make waves despite being in its early stages (presale). Cardano (ADA) and Polkadot (DOT) are two other safe bets to consider.
Cardano (ADA) Led in Ecosystem Development In 2022
Cardano appears to have picked up the pace after being criticized as a “ghost chain” with little development going on. Santiment, a crypto analytics firm, named Cardano the world’s No. 1 blockchain by development activity in 2022. Development activity is important because it usually indicates that new features or products are on their way, which is a price propeller.
In 2022, Cardano reported a sharp increase in on-chain growth as indicated by indicators like new blockchain wallets, overall transaction volume, and new partnerships and collaborations. Furthermore, with the addition of Smart contracts to the Cardano blockchain, DeFi activity has increased. All of this could help to fuel new Cardano momentum in 2023. However, $1 is still a long way off, and many things must go right for this to happen, some of which are beyond Cardano’s control, such as the overall recovery of the crypto ecosystem.
Polkadot 2022 Roundup Report Has Fueled Optimism in The DOT Ecosystem
Polkadot recently tweeted its yearly roundup, highlighting all of the noteworthy developments in its ecosystem in 2022. Several accomplishments were highlighted in the Twitter thread. For instance, the data showed that Polkadot’s ecosystem included more than 74 parachains, more than 300 dApps, 550+ projects, and 2,500 monthly active developers. Another data published by Messari earlier this month showed that among hedge fund portfolios and cryptocurrency ventures, DOT was the most widely held liquid asset. These statistics show Polkadot’s popularity and dependability. They have also sparked a bullish sentiment, and despite a poor performance in 2022, Polkadot may soon see a rally.
Snowfall Protocol (SNW) Is A Must Have for Your 2023 Portfolio
Snowfall Protocol has experienced rapid growth and has established itself as a market leader in just a few months. Snowfall protocol, a cross-bridge ecosystem, launched its presale campaign during a difficult period in the cryptoverse but its rapidly growing ecosystem has helped it maintain a high level of resilience in the face of massive sell-offs.
Snowfall Protocol is nearing the end of its four-round presale campaign, with the official launch scheduled for February 3. The previous three rounds were enormously successful. The second round, in particular, outperformed expectations by selling out a day early. Furthermore, by the end of the second round Snowfall Protocol had raised more than $3 million, including round one.
Snowfall Protocol also set a new record by selling over 200 million Snowfall tokens in less than two months. In the final round, an additional $100 million is up for grabs, and they are selling quickly.
Snowfall’s unique interoperability function is one of the most important contributors to this spectacular performance. Snowfall Protocol takes pride in being the first cross-chain bridge to allow fungible and non-fungible asset transfers across EVM and non-EVM chains. Snowfall’s dApp, the engine that drives the ecosystem’s success in asset exchange, has been subjected to weeks of stress testing, security checks, and analysis to ensure a secure, interoperable platform.
According to market analysts, Snowfall Protocol is at the top of the list of newcomers expected to surge in 2023. Snowfall Protocol is expected to return up to 5000% to its early investors, and you can become one today. Simply join the Snowfall presale at:
https://presale.snowfallprotocol.io
To learn more about Snowfall Protocol, visit:
Presale: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Twitter: https://twitter.com/snowfallcoin