Altcoinbuzz: 4 altcoins to hodl forever

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The hype around memecoins is gradually fading as trading on Pump.fun has decreased by 94%. Many are not surprised by this as they believe that long-established coins with practical use have a solid foundation, such as altcoins.

The article will summarize 4 altcoins with solid foundations to date that investors should pay attention to.

Ripple (XRP)

Ripple CEO Brad Garlinghouse recently attended the Cryptocurrency Summit at the White House. This is the first time the White House has hosted such an event, so in other words, this is a very important event.

But Ripple is not only achieving success in the United States. The company has also received good news from the UAE as XRP has been given the green light for payments and cryptocurrency services in this Middle Eastern country.

Another noteworthy piece of information is the new proposal from the U.S. Securities and Exchange Commission (SEC), which mentions XRP as an important strategic asset for the country’s economy. The document refers to the potential for liquidity using XRP to replace the Swift payment system, a market worth up to $1.5 trillion. If the proposal becomes a reality, it would open up opportunities for Ripple to become a global payment platform, bringing significant changes to the international financial system. This would be an extremely important event and could have a strong impact on the value of XRP.

However, at present, this is only a proposal and whether it will happen or not is still a question. Specifically, what is surprising is that the SEC, the agency leading the lawsuit between them and Ripple, is the one putting forward this proposal. At the same time, the long-standing lawsuit between the SEC and Ripple is also approaching final decisions, creating a dramatic and unpredictable situation.

Quant Network (QNT)

Quant Network (QNT) is a blockchain aimed at supporting interoperability. To achieve this, the network utilizes the Overledger operating system. The system operates on both public and private chains, facilitating the connection of all different chains.

altcoinSource: W**hitepaper Quant For example, Quant provides mDapp, allowing Dapps to operate across multiple chains simultaneously, supporting interoperability. Quant provides the infrastructure and technology for developers to build these mDapps.

Quant also has many different layers, such as the transaction layer, messaging layer, or filtering and sorting of data. The application layer controls all other layers. This helps Quant serve organizations like banks or investment funds, as well as businesses from multinational corporations to small companies. Quant truly is the gateway connecting them to the modern digital market.

It is no surprise that Quant is also involved in the rapidly developing field of real-world assets (RWA). With a current market value of 31 billion dollars, the RWA market is forecasted to experience explosive growth, potentially reaching 30 trillion dollars by 2030, which is 1000 times its current size. Clearly, Quant does not want to miss this huge opportunity in the global financial revolution.

Cardano (ADA)

Cardano (ADA) is one of the other long-standing coins worth having on the list today. However, Charles Hoskinson did not receive an invitation to attend the Cryptocurrency Summit at the White House. This surprised many people, including himself.

However, Charles Hoskinson is not someone who just sits back and waits. Recently, he had meetings with several leaders from different countries, including former Japanese Minister for Digital Transformation, Takuya Hirai. Hoskinson is always proactive in seeking opportunities to discuss the importance of Cardano in Web3 and innovation in the blockchain industry.

Cardano is continuing to take solid steps with notable developments, such as:

– Launching soon: Midnight is a privacy enhancement solution for the Cardano network. Notably, the ADA token will not have an ICO, pre-sale, or involvement from venture capital funds, but will be widely distributed to 135 million users. This could be a significant turning point, ushering in a new era for Cardano.

  • Mentioned in the SEC’s new proposal: Cardano has been referenced in a section of the cryptocurrency and Bitcoin reserve strategy in the new proposal from the SEC, marking the increasing recognition of the platform.

With these moves, Hoskinson and Cardano not only maintain attention but also affirm their position in the blockchain industry, all stemming from the right efforts and long-term strategy.

Hedera (HBAR)

With Hedera (HBAR), we have a distinct model. This is not actually a blockchain, but rather utilizes hashgraph technology. Nevertheless, it is still a form of distributed ledger similar to blockchain. Interestingly, Hedera has patented its hashgraph technology.

Hedera operates in various fields, including DeFi, RWA, payments, NFTs, AI, and decentralized identity. This is a “Made in USA” coin and currently ranks 18th by market capitalization.

At the beginning of this month, Grayscale submitted an application to establish a Hedera ETF fund, allowing investors to buy and sell HBAR like a stock on the exchange, including individual investors.

In addition, Hedera is also collaborating with the global payment system Swift. Swift will test integration with Hedera this year. This system processes about $150 trillion annually. This is big news. However, don’t forget the SEC’s proposal, which mentions the use of Ripple instead of Swift.

You can check the coin price here.

Disclaimer****: The article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions*

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Minh Anh

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