3 Layer-1 Blockchains to Watch in 2023: Aptos (APT), Solana (SOL), NewYorkCoin (NYC)

Aptos (APT) is set to release a code upgrade to bring lower gas fees across the ecosystem, making it more accessible to users. The platform has been making waves in South Korea, with partner NPIXEL debuting a sneak-peak of their upcoming 'Gran Saga: Unlimited' built on the Aptos platform. Aptos has also partnered with Chingari_IN, the world's fastest-growing on-chain social app, which recently announced its migration to Aptos. Aptos uses the MOVE programming language for fast and secure transaction execution. Wormhole has recently launched the Aptos NFT bridge, allowing NFT transfers between Aptos and other chains without double-wrapping. Users can bridge NFTs from Arbitrum, Aurora, Avalanche, BSC, Celo, Ethereum, Fantom, Karura, Klaytn, Moonbeam, Oasis, Optimsm, Polygon, and Solana to Aptos and vice-versa via Wormhole's Portal bridge. With Aptos continuing to build and expand its ecosystem, it's clear that Aptos is one to watch in the world of Layer 1 blockchains. Current market cap: $2.175 Billion USD

Solana (SOL) development activity on the network surged over the last few weeks. Solana network has one of the fastest transaction speeds and success rates compared to its rivals, which makes it a preferable option for developers and users. Solana was developed to rival and solve the scalability issues that plague Ethereum (ETH). There is an upcoming migration of the Helium (HNT) network to Solana. With the ability to power thousands of transactions per second, combined with its massive ecosystem of developers, applications, and integrations, Solana has the speed and scale necessary to be a top player in the Layer 1 blockchain ecosystem. Current market cap: $7.53 Billion USD

NewYorkCoin (NYC) is a no fee Layer 1 blockchain proven since 2014. With near instantaneous transactions worldwide and final confirmation every 30-seconds makes NYC ideal for time-sensitive payments. NewYorkCoin is a scrypt proof-of-work blockchain just like Dogecoin and Litecoin which enables energy efficient merge-mining of NYC (ability to mine coins together) with zero additional carbon footprint. NewYorkCoin has low inflation with only 52.5 million new coins created every year compared to 5.25 billion new coins added annually for Dogecoin. NYC currently has a tiny market valuation but has recently been added to larger exchanges P2B and Dex-Trade with an upcoming listing announced on Coinsbit to increase exposure and liquidity. NewYorkCoin developers have enabled a DeFi bridge to Binance Smart Chain (BEP-20) offering yield farming and staking options. NYC is currently extremely undervalued and now primed for explosive price growth. Current market cap: $1.1 Million USD.

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This release was published on openPR.