The debate over centralized versus decentralized crypto solutions has resurfaced in recent weeks as a result of the FTX fall. DEFI has long been the loser in this debate, but recent events involving its counterpart and the continued development of this sector are likely to change the narrative. Today, we’ll look at three projects that analysts believe will attract a large number of users to DEFI: Polygon (MATIC), FETCH.ai (FET), and Snowfall Protocol (SNW)
Polygon (MATIC) Is A Budding Market Titan
In light of the ongoing centralized finance washout, more traders and investors are becoming interested in decentralized finance (DeFi) solutions. Among these solutions is Polygon (MATIC), which places among the top 10 cryptocurrencies by market capitalization. By giving developers the resources, they require to create and implement decentralized applications, Polygon (MATIC) offers a scalable and secure infrastructure for the decentralized finance (DeFi) market. Polygon (MATIC) has also been known to be a favorite for web2 companies looking for a seat at the web3 table, with the most recent partnership being with Starbucks.
Polygon’s optimism for the near future includes the potential for a price of $0.9 by the end of the year. Future growth for Polygon (MATIC) could see the network solidify its status as a DeFi behemoth and possibly secure a spot among the top 5 cryptocurrencies.
Fetch.ai (FET) Has the Potential for Long-Term Growth
Fetch.ai (FET) combines blockchain and artificial intelligence to create a network of autonomous economic agents capable of performing a variety of tasks for their users while making AI technology more accessible to all.
Fetch.ai (FET) has reduced businesses’ reliance on third-party providers by connecting devices and services through artificial intelligence. Fetch.ai (FET) is also a strong scaling solution in an industry where most blockchains struggle with scalability. Fetch.ai (FET) relies on machine learning and data sharing to solve everyday problems. Supply chain and transportation are just two of the many sectors that Fetch.ai (FET) can optimize. InvestorsObserver has endorsed Fetch.ai (FET) with a 99 Long-Term Technical Rank.
Snowfall Protocol (SNW) Will Revolutionize Cross-Chain Interactions
Snowfall Protocol (SNW) is the first cross-chain solution that allows users to move both fungible and non-fungible assets between blockchains. Snowfall dApp enables users to swap assets in a safe and user-friendly environment.
The native token of the Snowfall Protocol, SNW, serves as a utility and governance token. Holders can vote to influence network decisions as well as use Snowfall Protocol (SNW) as a means of payment in the ecosystem.
Snowfall Protocol (SNW) has already established itself as a market leader in cross-chain solutions at a young age. This has piqued the interest of astute investors, who have in turn poured money into the protocol’s presales. Snowfall Protocol (SNW) raised $3 million throughout the previous two rounds. The second stage even sold out a day ahead of schedule.
Snowfall’s success continued into the ongoing third stage, resulting in another 250% price increase to $0.095. If Snowfall Protocol (SNW) maintains its current momentum, it is expected to launch at $0.2. Upon launch up to 1000% returns are in the picture.
To join Snowfall Protocol’s presale, go to: https://presale.snowfallprotocol.io
For more information on Snowfall Protocol:
Presale: https://presale.snowfallprotocol.io
Website: https://snowfallprotocol.io
Telegram: https://t.me/snowfallcoin
Twitter: https://twitter.com/snowfallcoin
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Source: https://www.thecoinrepublic.com/2022/12/14/defi-to-grow-bigger-with-polygon-matic-fetch-ai-fet-and-snowfall-protocol-snw/