Crypto analyst Aaron Arnold has announced nine crypto assets that have the potential to rise.
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In a new video, the Altcoin Daily host featured Theta Network (THETA), which recently launched mainnet 3.0. Theta is a content delivery network that aims to provide high quality streaming.
Arnold notes that some key players in the industry are running Theta nodes to help improve the network’s streaming quality.
Second on Arnold’s list is Uniswap (UNI). Arnold notes that Uniswap V3 has already captured 41% of the decentralized exchange market.
In addition, the analyst says that SushiSwap (SUSHI) is also on the rise. In addition, Sushi will soon launch its own NFT platform.
The fourth cryptocurrency on Arnold’s list is Cardano (ADA), a competitor to Ethereum (ETH). He underlines that Arnold Cardano’s team has made great efforts to develop the network.
Sandbox (SAND) is the fifth entity that Arnold mentions. Arnold states that SAND could rival Decentraland (MANA), the decentralized marketplace.
The other two cryptocurrencies on Arnold’s list are the two largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH). Arnold says that Ethereum has added five million unique addresses to its network in the past 30 days.
At number eight on the list, Arnold says, is the smart contracts platform Avalanche (AVAX).
Arnold says projects will expand to smaller blockchains as demand for Ethereum grows.
Binance Coin (BNB) is at the bottom of Arnold’s list. Arnold also underlines that NFTs are permanent and NBA legend Allen Iverson is working with Binance for this.