Ethereum, the second-largest cryptocurrency by market cap, is a blockchain technology pioneer.
However, its dominance is constantly being challenged by a wave of competitors often dubbed “Ethereum Killers.”
These blockchains aim to outperform Ethereum by addressing its limitations, such as high transaction fees, network congestion, and scalability issues.
If you’re looking to diversify your portfolio, here are some top Ethereum killers to consider investing in for potentially greater gains.
7 Top Ethereum Killers To Buy Now
| TOKEN | USE CASE | TICKER |
| Solana | The speed demon |
SOL |
| Cardano | The academic blockchain |
ADA |
| Polkadot | The blockchain of blockchains |
DOT |
| Avalanche | The customizable powerhouse |
AVAX |
| Near Protocol | The developer’s dream |
NEAR |
| Tezos | The self-amending blockchain |
XTZ |
| Cosmos | The internet of blockchain |
ATOM |
1. Solana (SOL)
Solana has gained massive traction for its scalability and speed.
This makes it an excellent choice for decentralized apps (dApps) and DeFi projects.
Its growing ecosystem includes NFT marketplaces like Magic Eden and DeFi platforms like Serum.
Key Features:
- Extremely low transaction fees.
- High throughput with over 65,000 transactions per second (TPS).
- Eco-friendly proof-of-stake and proof-of-history mechanisms.
2. Cardano (ADA)
Cardano is often lauded for its methodical development approach.
With its smart contract functionality and focus on real-world applications, it’s rapidly becoming a hub for DeFi and NFT projects.
Key Features:
- Built on peer-reviewed research.
- Strong focus on security and scalability.
- Energy-efficient proof-of-stake consensus.
3. Polkadot (DOT)
Polkadot enables different blockchains to interact seamlessly.
Its parachain auctions have drawn significant attention.
This posits it as a compelling investment for those who believe in a multi-chain future.
Key Features:
- Interoperability between blockchains.
- Parachain architecture for scalability.
- Strong focus on cross-chain interaction.
4. Avalanche (AVAX)
Avalanche offers unparalleled customization for developers.
Thus, it enables them to build blockchains tailored to their specific needs.
Its rapid adoption in DeFi and NFTs solidifies its position as a worthy Ethereum alternative.
Key Features:
- Subnets for custom blockchain deployment.
- High throughput and low latency.
- Compatible with Ethereum’s ecosystem via the Avalanche Bridge.
5. Near Protocol (NEAR)
Near Protocol aims to simplify blockchain…
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