. Today, we will focus on the top 10 products in the market that are not only leading in blockchain technology but also reshaping our expectations for the future of web3.
TRON's USDT
BASE on Coinbase
Celestia
Firedancer
Farcaster
GBTC
Lido
CCIP
Blur, Blend, Blast
Project Guardian
USDT on TRON is helping cryptocurrency realize its potential for financial inclusion. The shift of users and consumers from the U.S. market to TRON USDT is one of the clearest signs in the financial sector.
Base provides a simple way for decentralized applications to leverage Coinbase’s product and distribution network. It blurs the line between Coinbase’s centralized and decentralized services, keeping users within Coinbase’s ecosystem even as they navigate away from the exchange itself.
It was introduced with perfect positioning (modularity) at the optimal time (the upward trend in the market in November this year). Celestia’s principle is simple: providing data availability and consensus for modular blockchains.
The Solana validator client developed by Jump Crypto aims to enhance Solana's scalability, reduce latency, improve client diversity, and enable Solana to process over a million transactions per second by increasing throughput tenfold.
Farcaster is the product that comes closest to the clean, Web2 social app look and feel that we’ve seen so far, employing a hybrid backend architecture that uses on-chain contracts for identity management and an off-chain peer-to-peer network for social interactions.
Grayscale's victory against the SEC helped narrow the $8 billion gap at its peak between the market value of Bitcoin Trust shares and the fair market value of the underlying Bitcoin.
Currently, 24% of the Ethereum network has been staked. Lido, a pioneer in liquid staking, has been so successful that they are being legally targeted to slow their growth! Lido's oversized share in the validation market is giving core developers who care about Ethereum's decentralization and overall economic security a headache.
Chainlink's Cross-Chain Interoperability Protocol (CCIP), launched this summer on Ethereum, Optimism, Polygon, and Avalanche, quickly attracted developers interested in sending messages securely and privately across chains and performing “simplified token transfers.”
Blur has completely transformed the Ethereum NFT ecosystem this year, drilling a hole in OpenSea's creator-friendly quasi-monopoly with trader-friendly user experiences.
Project Guardian is the best-looking Crypto Mullet (bank in front/cryptocurrency in back) of 2023. JPMorgan Chase and Apollo collaborated with Avalanche, LayerZero, Axelar, Oasis, Provenance, and others to create a product that allows asset managers to tokenize funds and better manage rule-driven active portfolios.
