Scalability, the capacity of networks to handle faster and bulk transactions in splits of seconds. Scaling Tokens have a growing market capitalization of $10,749,474,785 with big names such as Polygon, Fantom, Loopring, etc., and a total trading volume of $888,982,269.
Note: The tokens below are ordered by market capitalization from lowest to highest.
KardiaChain (KAI)
- Distinct Features: According to KardiaChain, it is the first blockchain that is entirely non-invasive and interoperable. This is accomplished through dual master node technology, which enables simultaneous access to both the blockchain’s ledger and those of other platforms.
Aiming to be completely interoperable and “non-invasive,” KardiaChain is a blockchain platform that enables blockchains to join the network without making any technical adjustments to their protocols.
KardiaChain features a dual-node topology, sharding for scalability, and smart contracts for developers to make it easier to connect its ledger to other blockchains.
The platform depends on the KAI native token, which is employed for smart contract deployment, transaction fees, staking, and service participation.
Exchange – KAI is trading live on MEXC, KuCoin, DigiFinex, Gate.io, and Huobi Global with a 24-hour trading volume of $1,630,925.
Syntropy (NOIA)
- Distinct Features: NOIA, a Layer 1 technology, symbolizes the overall value of information shared throughout the Web3 ecosystem.
Security, privacy, governance, performance, dependability, and inefficient resource use are just a few of the problems Syntropy intends to address.
Technology is quickly decentralizing, but to connect and communicate, this decentralization still needs the public Internet. Unfortunately, the current Internet is centralized, preventing true technological democratization.
Syntropy fundamentally decentralizes the Internet while maintaining backward compatibility with existing protocols. As a result, users may access the Internet more quickly and safely, which opens the door for complete decentralization.
Exchange – NOIA is trading live on KuCoin, Gate.io, Huobi Global, Uniswap (V2), and Bancor Network with a 24-hour trading volume of $139,955.
Locus Chain (LOCUS)
- Distinct Features: Without creating a separate blockchain, Locus Chain enables users to access the blockchain verification service through straightforward linking.
With simultaneous full decentralization and scalability, Locus Chain promises to be the most popular Next Generation Layer 1 Public Blockchain Protocol.
Locus Chain aims to support various Defi, GameFi, Metaverse, Smart City, and CBDC(Central Bank Digital Currency) projects by being the most dependable, secure, low-cost, and high-performance layer 1 public blockchain platform. Locus Chain is a decentralized, scalable layer 1 chain based on patented technologies.
According to Locus Chain, it has solved the blockchain trilemma of decentralization, scalability, and security for the first time on a decentralized Layer 1 public blockchain.
Exchange – LOCUS is trading live on XT.COM, Bitrue, BitMart, and Cashierest with a 24-hour trading volume of $1,365,369.
ARPA Chain (ARPA)
- Distinct Features: The mission of ARPA is to decouple data use from ownership and enable data renting.
Launched in 2018, ARPA is a layer 2 solution for privacy-preserving computation that runs on a blockchain and uses Multi-Party Computation (“MPC”).
With ARPA’s MPC protocol, numerous entities can analyze data together and draw data synergies while maintaining the confidentiality and security of each party’s data input. On blockchains that support ARPA, developers can create dApps that protect user privacy. Credit anti-fraud, secure data wallets, targeted marketing, cooperative AI model training, and key management systems are a few use cases.
For risk management purposes, for instance, banks using the ARPA network can exchange credit blacklists among themselves without jeopardizing the privacy or personal information of their clients.
Exchange – ARPA is trading live on Binance, Bybit, BingX, MEXC, and Phemex with a 24-hour trading volume of $11,247,454.
Marlin (POND)
- Market Cap: $42,741,050
- Distinct Features: The scalability trilemma is a problem that affects many other scaling solutions, forcing users to choose between sacrificing performance, decentralization, or security. By contrast, Marlin’s network layer advancements are not constrained by these restrictions, which broadly apply to consensus layers.
A high-performance programmable network architecture for DeFi and Web 3.0 is offered via the open protocol Marlin.
The MarlinVM, which offers a virtual router interface for developers to apply customized overlays and carry out edge computations, is run by the nodes in the Marlin network, referred to as Metanodes.
Marlin aspires to fulfill the promise of a decentralized web where users used to Web 2.0 applications cannot tell them apart in terms of performance. The network of Ethereum nodes, which the Marlin smart contracts are built upon, ensures the validity of their execution.
Exchange – $POND is trading live on Binance, BingX, MEXC, Phemex, and Bitrue with a 24-hour trading volume of $4,487,397.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Source: https://nulltx.com/top-5-scaling-tokens-below-50m-market-capitalization-to-watch-in-september-2022/