Investing in crypto can be intimidating, especially when a bear market is set in. And if you want to kickstart your 2023, here are a few projects you can look forward to. Note that some of these are not launched yet while some are trading.

Remember, the idea behind this is to Buy Low & Sell High; i.e., you have to get in early, accumulate, and, once you see the risk on you, start taking profitable steps to yield good returns.

Best Crypto Projects to Invest in 2023

Let's see what cryptocurrency projects you might need to look out for investment in 2023.

1. Airstack

Airstack provides data infrastructure for web3. Their APIs enable easy querying across projects and blockchains — powering a new world of data-aware experiences. It’s founded in 2014 by Ariel Seidman and Ben Wong, which now stands at a total funding of $23M - so, it's worth looking into.

2. Airchains

Airchains is a popular middleware SaaS platform that allows you to build and deploy your own dApp on any of the chains below:

• Avalanche
• Cosmos
• Polygon Edge
• Polkadot
• Celestia 
• Ethereum

Founded by Ankur Rakhi Sinha in 2021, it stands at a total funding of over $638M as of now. If you are a developer, who doesn’t like building tons of services all by yourself, then this is for you. The inbuilt features are something to look forward to.

3. Nolus

Nolus is the world's first DeFi Lease platform. It might sound risky at first, but let's say you borrow collateral that's more capital efficient; you can borrow 150% of your collateral but is locked in their ecosystem, and you can't get out until it's repaid. It does take a while to get it, but it's worth it.

The aim is to combine the leverage of Tradfi and DeFi with the advantages that decentralization brings to the table. With the Nolus DeFi Lease, users will hold the complete authority of customizing the parameters of the on-chain contractual agreement.

4. Nibiru Chain

Nibiru is an open-sourced platform and a member of the interconnected family of Cosmos Ecosystem. It's a competitor for dYdX; it can unify leveraged derivatives trading, staking, and bonded liquidity provision into a seamless user experience. It enables users with over 40 blockchains to trade with leverage using a suite of composable dApps.

5. Nillion

Nillion is a secure processing layer for web3 which is equipped with new capabilities and use cases for blockchain and the real world. It focuses on quick decentralized computation. Andrew Masanto, a serial entrepreneur and investor, is the Co-founder of Nillion and as of Jan 2023, it has a standing funding of over $20M. And it can be positive choice to invest in the near future.

6. Blockless

Blockless helps you launch your project on a decentralized global network. It is a WASM-based verifiable serverless functions platform that can ensures top-class security and reliability. They recently introduced Blockless ZK, a prover as a service solution powered by zkWASM. This is an added feature to guarantee the execution correctness to your WASM apps with just a single click.

7. Hivemapper

Hivemapper is the world's first crypto-enabled dashcam representing a fundamental shift in how maps are built by enabling people using dashcams to mine their cryptocurrency, HONEY.

It's yet to be launched, but you can earn tokens to drive. The dashcam costs around 600 bucks, and it's a no-brainer to get started. This has a good potential of 100x because if you are already driving, you might as well get paid for it.

8. Canto

Canto is a cutting-edge Layer-1 blockchain solution that aims to bring the benefits of decentralized finance (DeFi) to a wider audience. By leveraging the power of free public infrastructure, Canto aims to create a new type of digital commons where individuals can take control of their financial assets and engage in a wide range of financial transactions without having to rely on traditional financial intermediaries.

9. Moonbeam

Moonbeam is a multi-chain platform that bridges dApps from Polkadot and Cosmos. It is an Ethereum-compatible smart contract parachain on Polkadot with minimal configuration changes and pre-built integrations.

10. Mina Protocol

Mina Protocol is the world’s lightest blockchain powered by participants. Mina is building a low-tech infrastructure for the secure, democratic future - as we all anticipate. There is no risk of your personal information being hacked or sold. You are the only one who owns your data, and it never leaves your device.

11. Harmony (ONE)

Harmony is an open-sourced fast blockchain; running the transactions of Ethereum applications in as little as 2 seconds. It is also 100x cheaper compared to others in the market. The average cost per transaction lies at around $0.0001.

The three pillars that Harmony thrives to balance are: scalability, security, and decentralization.

‍It encourages random state sharding with a guaranteed security of offering 250 nodes per shard and cryptographic randomness to re-shard regularly.

12. GMX

GMX is a platform that offers up to 50x leverage directly from your wallet for trading BTC, ETH, AVAX and other top crypto currencies. This reduces liquidation risks, saves on costs, and offers a simple swap interface.

Disclaimer

The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such.

Token Metrics does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

Cryptocurrency has been around for over a decade, and it's quickly becoming a popular way to make money online. With the recent rise in the value of Bitcoin, Ethereum, and other cryptocurrencies, more and more people are looking for ways to capitalize on this new digital asset. This article will look at eight proven methods for making money with crypto in 2024 and beyond. 

Whether a beginner or a seasoned investor, you'll find something here that you can use to make money with your cryptocurrency investments. Let’s dive in.

How to Start Making Money with Crypto?

If you're interested in making money with crypto, the first step is to do your research. It would be best if you understood the different types of cryptocurrency, the various methods of making money with crypto, and the pros and cons of each. Once you have a good understanding, you can start investing.

Finding a reliable and secure way to store your cryptocurrency is equally significant. You can use a hardware wallet, a software wallet, or an online exchange. Whichever you choose, make sure it's secure, and you can trust it with your money.

8 Proven Ways for Making Money with Crypto

Following are the ways to make money with crypto in 2024.

1. Mining

The most common way to make money with crypto is through mining. Mining verifies transactions on the blockchain and adds new blocks of data to the chain. By doing this, miners are rewarded with cryptocurrency for their effort. Mining can be done with specialized hardware or with cloud mining services.

You don't need to purchase or maintain hardware with cloud mining, but the rewards are usually lower than with hardware mining. It's important to note that mining cryptocurrency is not easy and requires a lot of electricity, so it's essential to do your research before getting started.

2. Staking

Crypto staking is a method of investing in cryptocurrency that involves holding a certain amount of coins in your wallet for a certain period. By doing this, you are rewarded with a slight interest in your investment. So, you can earn passive income from your crypto investments.

The interest you can earn depends on the cryptocurrency and the number of coins you are staking. Some cryptocurrencies offer higher rewards than others, so it's crucial to do your research first.

3. Trading

Trading cryptocurrency is another popular way to make money with crypto. This method involves buying and selling cryptocurrency on a crypto exchange. You can take advantage of the price fluctuations and profit by doing so.

Note that trading cryptocurrency is risky and can result in losses. Therefore, learn your basics before you start trading. 

4. Investing

Investing in cryptocurrency is a great way to make money with crypto. You can invest in individual coins, such as Bitcoin and Ethereum, or you can invest in a cryptocurrency index fund. This is a great way to diversify your portfolio and spread your risk.

When investing in cryptocurrency, make it a point to research and understand the risks you will take. 

5. Lending

Cryptocurrency lending is another way to monetize crypto. It involves lending your cryptocurrency to someone else in exchange for interest. The interest rate you receive will depend on the type of cryptocurrency you are lending and the amount you are lending.

6. Earning Interest

Cryptocurrency can help you earn interest on your investments. It is done through a " yield farming process," where you lend your cryptocurrency to a platform in exchange for interest. The amount of interest you gain will solely depend on the platform and the type of cryptocurrency you are lending.

There are many platforms offering yield farming opportunities, but not all of them are safe or reliable. So, pick the trustworthy ones. 

7. Affiliate Programs

Many cryptocurrency exchanges offer affiliate programs allowing you to earn commissions on referred customers. By referring customers to an exchange, you can earn a percentage of the transaction fees they pay. It is a great way to make money with crypto without having to do any trading or investing.

Affiliate programs can be very competitive, so list out your best finds. Many great affiliate programs are available in the market, so research and find the most profitable ones.

8. ICOs

Initial Coin Offerings (ICOs) are a type of investment involving buying a company's token issued in exchange for cryptocurrency. ICOs are a great way to make money with crypto, as they can offer high returns on your investment.

However, it's essential to be aware of the risks involved. Many ICOs are scams and can result in losses, so ensure the ICO is legitimate before investing.

Research, as mentioned, is the goldmine for your crypto investment. It’s that unavoidable prerequisite that can help you predict and decide your crypto strategy. But, as you know, there are so many research platforms available up and live in the market and it’s quite challenging to pick the best one for you.
So, we made it easy for you.

We, at Token Metrics, offer comprehensive crypto data which can help you make an informed investment decision. Based on the data our AI tool articulates, you can find the best coins for your portfolio, a complete end-to-end analysis, touch points and everything else you need to make the final call.

The Bottom Line

Making money with crypto is a great way to generate passive income and grow your wealth. Be it any method, before getting started; it's essential to do thorough research and understand the risk as well as the potential. You can make money with your crypto investments in 2024 and beyond with the right analytical approach.

Disclaimer

The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other advice, and you should not treat any of the website's content as such.

Token Metrics does not recommend buying, selling, or holding any cryptocurrency. Conduct your due diligence and consult your financial advisor before making investment decisions.

Solana (SOL) is a high-performance blockchain platform that aims to provide scalability and speed for decentralized applications (dApps) and token transactions. Solana was founded in 2017 by Anatoly Yakovenko and since then, it has attracted a growing community of developers and users.

History of Solana

Solana was first introduced in 2017 by Anatoly Yakovenko, a software engineer with over 20 years of experience in the industry. Yakovenko had previously worked on high-performance systems at companies such as Qualcomm and Intel. In 2018, Solana raised $20 million in a private token sale. Since then, the Solana project has grown significantly, with a number of decentralized applications and platforms built on top of the Solana blockchain.

How Does Solana (SOL) Crypto Work?

Solana's unique consensus algorithm, called "Proof of Stake Time" (PoST), enables the network to process over 65,000 transactions per second (TPS) while maintaining a high level of security. This is a significant improvement over other blockchain platforms such as Ethereum and Bitcoin, which are limited to around 15 and 7 TPS respectively. 

In contrast to traditional proof of work (PoW) algorithms, where miners compete to solve mathematical problems, Solana's PoST algorithm allows validators to stake their tokens to secure the network. These validators are then chosen randomly to create new blocks and validate transactions. This results in a more energy-efficient and scalable network compared to other blockchain platforms.

Now, let’s see how Solana can benefit you.

Advantages & Disadvantages Of Solana

There are several benefits to using Solana as a blockchain platform for dApps and token transactions. Here are a few of the key advantages:

• High scalability: Solana can handle large numbers of transactions per second, which is important for applications that need to process a large number of transactions in real-time.
  

• Low latency: Solana has low latency, which means that transactions are confirmed quickly. This is necessary for dApps that require real-time updates, such as games and prediction markets.
  

• Decentralization: Solana is highly decentralized, which means that no single entity controls the network. This is significant for maintaining the integrity and security of the network.
  

• Low fees: Solana has low transaction fees compared to other blockchain platforms, which makes it more accessible to a wider range of users.
  

• Energy-efficient: Solana consensus algorithm, PoST, is more energy-efficient than other algorithms like PoW, which is essential for reducing the environmental impact of the network.

• Disadvantages: There is only one disadvantage of Solana - as it’s a relatively new blockchain platform, which means that there is still a lack of developer tools and resources compared to more established platforms like Ethereum. Additionally, Solana's PoST consensus algorithm is still untested at a large scale and its long term success is uncertain.

Use Cases of Solana

Solana has a wide range of potential use cases, from decentralized finance (DeFi) to gaming and prediction markets.

In the DeFi space, Solana has become an important player, with several projects building on the Solana blockchain. Some of the popular DeFi projects on Solana include Serum, a decentralized exchange (DEX) built on Solana, and Jupiter Aggregator, a swap aggregator and infrastructure for Solana.

Solana's high performance and low latency also make it well-suited for gaming and other high-throughput applications. The Solana blockchain has already been used to launch a number of games, including STEPN, a run-to-earn game.

Additionally, many projects are being built on Solana for other industries such as real estate, identity verification, supply chain management, logistics, and many more.

Is Solana (SOL) Crypto a Good Investment?

Like any investment, the value of Solana (SOL) can be highly volatile and is subject to market conditions. Some experts have highlighted Solana's high scalability, low fees and energy efficiency as factors that could drive its crypto future growth. However, it's important to do your own research and consider your own risk tolerance before making any investment decisions.

How to Buy Solana Crypto?

Solana can be purchased on a variety of cryptocurrency exchanges such as Binance, Serum, and Bitmax. To purchase Solana, you will first need to set up a digital wallet that supports Solana, such as a Ledger hardware wallet. Once you have a wallet, you can deposit funds onto the exchange and then use those funds to purchase Solana.

The Future of Solana(SOL)

The future of Solana (SOL) is highly dependent on the continued development and adoption of the Solana platform. As more developers and users become attracted to the platform's high scalability and low fees, Solana's value could continue to grow. Additionally, Solana's PoST consensus algorithm is still untested at a large scale, and its long term success is uncertain.

In conclusion Solana has a lot of potential and it has been on a steady rise but still a lot of uncertainty in the long term. It's important to do your own research and consider your own risk tolerance before making any investment.

Conclusion

Solana is a high-performance blockchain platform that is well-suited for a wide range of decentralized applications. Its unique consensus algorithm, "Proof of Stake Time" (PoST), enables the network to process large numbers of transactions per second, with low latency and low fees. The Solana network is also highly decentralized, providing security and integrity for the network. With its growing community of developers and users, Solana is well-positioned to become a major player in the blockchain space