- Immutable’s Layer 2 revolutionizes NFTs with instant ownership and low fees, making Ethereum-based NFT trading seamless and efficient.
- Arweave pioneers the “permaweb,” ensuring permanent, incentivized data storage with its AR tokens, reshaping web conservation.
- MultiversX leads blockchain scalability via sharding, achieving 100k TPS and powering dApps with EGLD for governance and rewards.
In 2024, low-supply cryptocurrencies like Immutable, Arweave, and MultiversX are transforming blockchain innovation. From NFT trading to perpetual data storage and unparalleled scalability, these tokens are redefining decentralized solutions for the digital era.
Immutable (IMX): Application of NFTs in Immutable Platform
Current price:$1.40
Market cap:$2.42B
Immutable’s layer 2 scaling solution evolves the NFT industry, which is focused on making it usable on the Ethereum platform. Mitchable eliminates high transaction costs and enables instant ownership transfers, allowing for efficient mass production and trading of NFTs without compromising security. Immutable is making its way into the NFT space, raising the bar higher and higher for both developers and consumers.
Arweave (AR): Building the Permaweb
Current price:$17.16
Market cap:$1.13B
Arweave is changing the data archiving concept through its new social network, which is intended to store data forever. The concept of ‘permaweb’ has been incorporated so that content will remain undiluted . Arweave is key to the further development of the web. Since it rewards miners with its AR tokens, Arweave ensures the safety and conservation of data for future generations.
MultiversX (EGLD): Leading Blockchain Scalability with Sharding
Current price:$36.02
Market cap:$959.7M
MultiversX, former Elrond, is advancing in the scalability of the blockchain by employing the sharding feature. Designed to handle an impressive peak throughput of 100,000 transactions per second, the architecture of MultiversX is fast and highly efficient. The EGLD token acts as the main network, helping govern, enabling transactions, and rewarding users and participants. Currently, MultiversX occupies speed and scalability, which will support it in future decentralized applications.
Flux(FLUX) Ecosystem Expands Decentralized Infrastructure
Current price: $0.6199
Market cap: $233.71
The Flux ecosystem continues to strengthen its position as a leading decentralized infrastructure provider. Powered by the Flux cryptocurrency ($FLUX), the ecosystem enables diverse functionalities such as node collateralization, transaction fueling on FluxOS, and miner rewards. With over 13,500 decentralized nodes globally, FluxCloud boasts 107,000 CPU cores, 270 terabytes of RAM, and 7 petabytes of storage, making it the largest decentralized computational network.
Flux’s Proof of Useful Work (PoUW) initiative via FluxEdge showcases significant advancements in leveraging GPU miners for practical applications. These include tasks like video encoding, weather modeling, and machine learning research, demonstrating a transformative approach to blockchain sustainability.
StormX(STMX) Integrates Crypto Cashback with Mainstream Commerce
Current price:$0.00641
Market cap: $79.09M
StormX offers a blockchain-integrated cashback solution for online shoppers. With partnerships across 750 retailers, including industry giants such as Samsung and Nike, users earn up to 87.5% cashback in cryptocurrency. The platform allows staking of STMX tokens, enabling users to maximize rewards while contributing to token utility.
Supported by prominent investors like Blockfolio and Litecoin Foundation, StormX has secured over $30 million in funding. Its platform bridges traditional and cryptocurrency finance, making it a key player in the global crypto cashback space.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
