"Wow, investors must be amazed if it really happened."
Most investors see the cryptocurrency Bitcoin (BTC) as a store of value like gold, but there are several other digital assets that are said to be able to beat BTC in the long term due to developments in the field of payments or non-fungible tokens (NFTs). Among them are:
Ethereum (ETH)
ETH implements digital assets through smart contracts built by developers who have done it rapidly based on decentralized finance and NFTs.
ETH co-founder Vitalik Buterin recently said that the digital asset will handle 100,000 transactions per second that is capable of further expanding its ecosystem, where it can beat BTC through its utility.
Solana (SOL)
SOL is capable of handling 3,000 transactions per second so far, but aims to increase that figure over time to 30,000 transactions or more.
SOL smart contracts are found to be similar to ETH but their transactions are faster and cheaper while allowing developers to create many businesses on the blockchain.
In context, SOL having more active users and transactions than ETH will have a positive impact on the digital asset.
Polygon (MATIC)
MATIC is a Layer-2 blockchain that takes into account scalability and serves as a reduction of operating costs in ETH, where Instagram is found to support MATIC NFT while Stripe enables payments using the digital asset.
MATIC has the potential to become bigger than BTC as its ecosystem grows rapidly every day.
Overall, the above list of cryptocurrencies that focus on utility and productive plans such as ownership of digital assets in the metaverse or NFT are among the most important things for a crypto to beat BTC.
