The Next $RUNE (20x+ potential)
Our next pick removes the need for wrapped tokens to swap across chains
Hey, investor.
it’s Pick Day!
Every Saturday, you get deep dives on Micro Altcoins with 10x+ potential.
Let’s dive in!
In the summer of 2020, the world of cryptocurrency witnessed a phenomenon that would later be dubbed the "DeFi Summer".
This period marked a significant turning point in the adoption and development of decentralized finance (DeFi) platforms.
Until then, the term ‘DeFi was almost exclusively associated with Ethereum and its EVM forks, with minimal significant activity observed elsewhere.
However, in the past 2/3 years, the space has welcomed a variety of new high-performance chains that continue to draw in users like Solana, Cosmos, Aptos & Sui.
This phenomenon created a new paradigm: interoperability.
All blockchains develop in isolated environments and have different rules and consensus mechanisms.
This means they cannot natively communicate, and tokens cannot move freely between blockchains.
Blockchain interoperability is the ability of a blockchain to communicate/share data with other blockchains seamlessly.
A cross-chain ecosystem is the only way that blockchain applications and crypto protocols can have a true vision of reaching their full market potential and unlock the liquidity and value present on other chains.
Building the future of cross-chain swaps
Despite clear development in DeFi, challenges remain, such as the lack of efficient on-chain exchanges for BTC, leaving users with limited options.
Uniswap dominates ERC-20 tokens, but the size of the spot markets relatively untouched by DeFi so far is vast.
To reach these markets, cross-chain solutions are critical.
Our next pick removes the need for wrapped tokens to swap across chains & operates under the following goals: generalized cross-chain capability, decentralization, inter-protocol compatibility & security.
Now let’s tell you which project we are talking about and share the full investment case with you: