Top 7 Blockchain Coins to Watch in 2023

Blockchain technology has become increasingly popular in recent years, and many investors are looking to invest in blockchain coins. In this blog, we will explore the top 7 blockchain coins to watch in 2023.

1. Bitcoin (BTC)

Bitcoin is the most well-known and widely adopted cryptocurrency. It remains the largest cryptocurrency by market cap and is expected to continue to hold its position. Bitcoin has proved to be a good investment for many investors in the past, and it’s still worth watching in 2023.

2. Ethereum (ETH)

It is the second-largest cryptocurrency by market cap and is considered to be the backbone of the decentralized finance (DeFi) industry. It has a strong developer community and many applications are being built on its blockchain. In 2023, Ethereum is expected to remain a top contender in the blockchain space.

3. Cardano (ADA)

Cardano is a blockchain platform that uses a proof-of-stake (PoS) consensus algorithm. It was created to address the scalability and sustainability issues that Bitcoin and other blockchains face. Cardano has been gaining popularity among investors and is expected to continue to do so in 2023.

4. Polkadot (DOT)

Polkadot is a blockchain platform that allows different blockchains to connect and communicate with each other. This interoperability is seen as a crucial feature for the blockchain industry. Polkadot has gained significant traction in 2021 and is expected to continue to grow in 2023.

5. Binance Coin (BNB)

Binance Coin is the native token of the Binance exchange. It has been one of the best-performing cryptocurrencies in recent years. Binance Coin is expected to continue to rise in value due to its utility on the Binance exchange and its use in Binance’s decentralized exchange.

6. Solana (SOL)

Solana is a fast and secure blockchain platform that uses a proof-of-stake (PoS) consensus algorithm. It has gained a lot of attention in 2021 due to its fast transaction speeds and low fees. Solana is expected to continue to gain traction in 2023.

7. Chainlink (LINK)

Chainlink is a decentralized oracle network that connects smart contracts with real-world data. It provides reliable data for blockchain applications and has gained significant attention in recent years. Chainlink is expected to continue to grow in 2023 as more blockchain applications require real-world data.

In conclusion, these are the top 7 blockchain coins to watch in 2023. As always, it’s essential to do your research before investing in any cryptocurrency. Keep an eye on these blockchain coins and make informed investment decisions.

Here is a list of the top 10 cryptocurrencies by market cap in 2023. Also, here is a list of three cryptocurrencies to avoid trading in March 2023. Finally, if you’re interested in Binance Coin, check out this article on Binance Chain’s BNB Greenfield release.