Starting from Bitcoin ―now we’re here. The cryptocurrency industry developed quickly, with massive interest from developers to contribute to the new financial instruments to take over the world.
As we move closer towards Web3 adoption, Bitcoin might become the first legal crypto tender worldwide, as it has already been declared so in El Salvador.
But Bitcoin is not the only promising project out there. Considering the industry’s expansion, developers always come up with new ideas on how to improve security, scalability, and immutability in crypto and blockchain.
For example, the Render Network harnesses the power of a decentralized GPU rendering platform. Due to its newness, you can buy Render and become a contributor through the governance process.
Many other projects like Render have the opportunity to change the future of crypto. Let’s see what some of those include.
Render
The Render Network powers the cryptocurrency with the same name and offers GPU rendering solutions. Therefore, crypto users can access more GPU power for high efficiency and low rendering costs. In addition, those who share their spare GPU power on the network can earn tokens.
The distributed network makes rendering accessible through available processing power for the animation and motion graphics industries. Render’s decentralization features can also attract more developers and investors.
Render can also be used towards integrations for:
- Generating AI artwork from a simple text prompt;
- Scaling high-performance GPUs for rendering film, TV, and games;
- Improving game development and virtual production workflows;
Celestia
The Celestia modular blockchain is the first of its kind, offering developers the means to build any blockchain solution on the network. The ecosystem abounds in tools for developers, such as rollups-as-a-service, cross chains, and infrastructures.
The blockchain’s design is focused on ensuring scalability and flexibility in the creation process. Due to the data availability layer, developers can use any data to validate transactions through the TIA token. Users staking it are allowed to make governance decisions.
Celestia powers up the following features:
- Separating the consensus from the execution layers;
- Employing a two-dimensional encoding scheme for fraud-proof;
- Using optimistic rollups and zero-knowledge rollups to ensure data availability;
Atpos
Aptos Labs developed the Aptos layer-one blockchain solution, which aims to address network congestion and high transaction fees in other networks like Bitcoin. Based on the Move programming language, developers employ safe and fast smart contracts and also use the PoW consensus for Web3 applications.
Considering how blockchain like Ethereum struggled with scalability and network congestion, using Aptos is the best solution to bringing a fully decentralized and seamless era in crypto. The permissionless blockchain enables Move modules instead of smart contracts that cannot be tampered with or altered.
Some of the real-world use cases of Atpos include the following:
- Creating AI assistants on Microsoft;
- Building immersive and innovative gaming experiences;
- Enabling social media platforms for the Web3 world;
Polygon
The Polygon project isn’t that new to the market, but it has recently started to gain traction. The layer-two solution works alongside Ethereum, and its features make it easy to reduce transaction fees and improve speed.
With the native coin, POL, users can do more than governance ― including staking and accessing network fees. Polygon is based on the PoS consensus, allowing validators to secure the network, which also contributes to the Ethereum blockchain.
Some of the ways through which Polygon improves the crypto ecosystem include the following:
- Supporting liquidity pools and yield farming;
- Developing lending and borrowing protocols;
- Creating NFT marketplaces and virtual assets;
Should you invest in these new projects?
Investing in crypto projects isn’t straightforward, considering their volatility and complexity. Finding when a project becomes mainstream can be useful for those looking to gain wealth from increasing projects, but there’s no certainty that the project won’t flop.
Therefore, when introducing a new crypto project to your portfolio, it’s best to be careful and ensure your assets are well-spread across different industries to minimize potential losses.
On the other hand, if the project ends up being a successful boom, make sure to reap the benefits before it falls back into the shadows. Many crypto projects, such as meme coins, were prone to this dynamic.
How should you diversify your portfolio?
Portfolio diversification depends heavily on your risk tolerance. As a beginner in crypto investing, it’s best to stick to the safest assets, such as Bitcoin and Ethereum, for the majority of the portfolio. However, it’s also best to research smaller crypto projects that are gaining momentum.
Because of the market’s volatility, managing a growing crypto portfolio means constant analysis and verification of its condition. Adjusting crypto investments often is optimal for any investor, but this, too, must be done with caution to avoid FOMO.
The fear of missing out phenomenon affects numerous investors worldwide. As they get overwhelmed by the market’s state, they end up buying or selling too much of their assets before there’s a market correction.
Should you HODL?
Whether you’re dynamic or not in your investments, sometimes holding on to your assets is better than moving them from one place to another. HODL comes from holding on to dear life on crypto assets, implying that you rarely buy or sell, allowing the assets to gain value in your portfolio.
This strategy is also great for understanding the effects of crypto volatility since there are fewer chances of being hit by market effects. On the other hand, it teaches you patience and gives you the ability to face FOMO since you’re more inclined to keep your assets during a bearish run instead of selling them.
What do you think about these new crypto projects?
With numerous cryptocurrencies on the market and blockchain developments, the industry faces continuous improvement. Worldwide developers work on solving problems with scalability, transparency, and interoperability, which is why smaller projects become famous along with Ethereum.
Render, Celestia, and Polygon are only a few of the emerging crypto technologies, and they’re expected to make big waves on the market in 2025, so keep an eye on them.
