Since it came to light, almost a decade ago, cryptocurrency has been achieved with constant flows of deniers who declare that technology is directed to obsolesce and that predicts its death before it becomes mainstream. Even so, ten years later, the cryptocurrency is flourishing and shows signs of becoming stronger every passing day.
For example, a single Bitcoin digital asset is worth four digits in US dollars and it appears that the currency has found some stability in the course of its growing security. Unfortunately, the same can not be said for any virtual currency in the cryptographic market that now houses more than one thousand five hundred virtual assets and coins, each of which shows varying degrees of failure and success.
However, for all their potential and their promises, virtual currencies still have a lot of ground to cover to get into the mainstream. At the moment, there are some traders and financial institutions that are open and accept virtual payments.
But most of the majority still settle for the legal currencies in their daily activities. Critics argue that the cryptocurrency may have been a flash in the pan, but supporters, on the other hand, say the signs are clear even with the current cryptic environment, the industry will emerge stronger.
The best promising Crypto investments
In recent times, Ripple's XRP, Cardano (ADA) and Tron (TRX) have been leading the crypto pack especially with regards to adoption). But why do these virtual coins thrive and lead? Let's take a look at what these virtual currencies have to offer and what makes them a good, encrypted investment.
XRP (XRP) is a virtual currency created by Ripple Labs, a company based in San Francisco. Its mission and its goal since its inception were to enter into agreements with the largest possible number of financial institutions and banks. Faithful to his mission, XRP made headlines almost every day. At the moment, Ripple has managed to enter with enthusiasm in partnership with financial institutions and banks that exceed more than 100 institutions.
Most of their partnerships have been used using xVia and xCurrent, but not Ripple's xRapid product that transfers the XRP token. It is said that Ripple Labs is working to integrate the three Ripple products to provide users with superior services on their platform. It will be huge for XRP.
Although the XRP token has been discussed and even labeled as safe by many analysts, Ripple Labs has already taken steps to dispel these doubts and is making incredible efforts to separate XRP from its parent company, Ripple Labs.
Led by its visionary leader, Justin Sun, Tron (TRX) is one of the significant virtual currencies in the cryptographic market that has managed to take important steps towards traditional consumption and mass adoption. Tron is one of the cryptocurrencies that has recorded significant positive progress over the course of this year.
In addition to successfully launching a TestNet, Tron also launched its MainNet which is currently live and kicked. The cryptocurrency has gone through a symbolic migration that has seen its digital tokens leave the Ethereum platform to settle on its blockchain.
In the year, Tron managed to launch the TVM or the Tron Virtual Machine and purchase BitTorrent, which has now become an integral part of Tron's new Project Atlas. The number of TRX partnerships managed to get on board in responsible numbers and led to the adoption of TRX as the official payment currency on partner websites.
The ultimate goal of Tron is to make the Internet decentralized and revolutionize the entertainment industry.
Although it is relatively new in cryptographic space, Cardano (ADA) has shown consistent developments that allow it to earn a place in the first three promising cryptocurrencies in the market.
Developed by Charles Hoskinson, Cardano (ADA) is one of the most reliable and stable encryption in circulation, thanks to its decentralized nature, scalability and professional team. Cardano (ADA) technology provides users with higher speeds during transactions and solid reliability that can also be used in casinos and mobile gaming industries.
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Disclaimer: this article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and / or its affiliates, employees, writers and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own in-depth research before investing in any cryptocurrency and read our full disclaimer.
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