When exploring the dynamic realm of cryptocurrency investments, there are countless unique projects offering incredible potential for future growth. However, researching them all deeply can be an immense time investment. That being said, three blue-chip cryptocurrencies should never be missing from any portfolio – particularly Chainlink (LINK-USD), Solana (SOL-USD) and Ripple (XRP-USD). Each brings its own merits and exciting possibilities to the blockchain field.
Chainlink (LINK-USD) is unlocking the true power of blockchains by acting as a connectivity facilitator that enables different networks to interact and cooperate. This breakthrough was recently demonstrated when the Australian bank ANZ finalized a transaction in tokenized assets via Chainlink. Additionally, LINK technology magnifies banks’ potential when it comes to global funds transfer through a collaboration with SWIFT.
Solana (SOL-USD) is all about efficiency in transactions and support for decentralized applications. This could become even more evident following its integration with Google Cloud’s BigQuery program. Hopefully this move will open the door to greater insights as developers create on the Web3. Furthermore, several major attempts have been made to push SOL technology with a stablecoin pilot on the network, and the approval of the Solana Pay app on Shopify.
Ripple (XRP-USD) has become a popular cryptocurrency option due to its impressive capacity to streamline and optimize international transactions. At the same time, it’s been embroiled in a lawsuit versus the SEC. Ripple Lab’s chief legal officer Stuart Alderoty recent responded to SEC Chairman Gary Gensler’s comments as the dispute focuses on the Hinman Document and possible bias work that was conducted. A move is underway to integrate automated market makers in the XRP Ledger grouping, which could bring added liquidity although it’s been met with some resistance. All of this surely affects XRP’s price and thus, its use in plenty of portfolios.