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The best performing cryptos of the day: Portal, Theta network, and Stacks!

Wed 28 Feb 2024 ▪ 4 min of reading ▪ by Eddy S.
Getting informed Crypto regulation

As we begin 2024, the crypto market is facing a challenging context. Amid central banks’ monetary tightening and repeated scandals tarnishing the sector’s reputation. Still, some projects manage to take off and record staggering gains, proving the resilience of this asset class. These include Portal, Theta network, and Stacks.

Crypto Portal Theta network Stacks

Portal crypto: the DeFi sensation!

With an incredible leap in just a few weeks, Portal crypto has emerged as THE sensation of the moment in the world of decentralized finance (DeFi). Behind this name lies an innovative protocol aimed at connecting blockchains and DeFi applications with certified external data sources.

While existing solutions struggle to converge security, transparency, and scalability, Portal promises to reconcile these imperatives through an innovative architecture based on sidechains. This has excited crypto investors, propelling the Portal token to nearly €7 in early 2024.

With the growing enthusiasm for DeFi, there is no doubt that certified protocols like Portal will play a crucial role. The explosive demand for such services could propel Portal into an entirely different dimension in the coming months.

Stacks, the Bitcoin ace of Web3

Another crypto whose price is soaring in 2024: Stacks, the native token of the Stacks ecosystem built on the Bitcoin network. Benefiting from the resurgence of BTC, Stacks has gained since January 2024, approaching €3.

Stacks offers a decentralized version of Web3 leveraging the proven security of the Bitcoin network. This, while enabling functionalities of smart contracts and applications. It appeals to fans of the first cryptocurrency who are searching for innovations, without renouncing the fundamentals of Bitcoin.

With recent partnerships with giants like Mastercard, the Stacks platform is on the rise. Its unique technology of “Bitcoin smart contracts” could become one of the cornerstones of tomorrow’s decentralized finance. Enough to propel the Stacks crypto to new heights.

Theta, the future of streaming video?

With an increase of more than 75% since January, Theta is positioning itself as one of the most promising cryptos in the video streaming and bandwidth sharing field. Its bold project is backed by YouTube’s co-founders, which speaks volumes about its ambitions.

At nearly €2 in early 2024, the Theta token is in robust health and could continue its rise in the following months. Especially if the partnerships already tied with giants like Samsung and Sony materialize into large-scale applications.

This is proof, if any was needed, that the dynamic of innovation remains strong in the crypto ecosystem. Portal, Stacks, and Theta stand out as gems winning over investors. Promising enough to withstand the current market gloom of cryptocurrencies.

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Eddy S. avatar
Eddy S.

Le monde évolue et l'adaptation est la meilleure arme pour survivre dans cet univers ondoyant. Community manager crypto à la base, je m'intéresse à tout ce qui touche de près ou de loin à la blockchain et ses dérivés. Dans l'optique de partager mon expérience et de faire connaître un domaine qui me passionne, rien de mieux que de rédiger des articles informatifs et décontractés à la fois.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.