The 5 Most Influential Digital Assets Of 2021: Recap

The 5 most influential digital assets of 2021 have been constantly in the news and these despite Bitcoin include, Ethereum, DOGE, SHIB, AVAX, and Solana so let’s see what made them great today’s latest altcoin news.

2021 was a crazy year for altcoins and so many things happened in the crypto space that it was really hard to grasp. It is still questionable if the market would have turned out the way it did if it wasn’t for Bitcoin’s amazing performance in both adoption and price. However, its declining market dominance has been dropping through the year. But with that said, let’s focus on the 5 most influential digital assets of 2021.

Ethereum got clogged by huge demand and dapps but it continued to propel a movement that was garnering more speed. 2021 was great for the network as the protocol implemented the London hard fork and the EIP 1559. The goal was to reduce the transaction fees and in essence, this shifted ETH’s tokenomics by reducing the rate of inflation because of the deflationary mechanism. This along with the booming DEFI market made ETH have a strong performance.

Dogecoin prove to be an amazing asset in 2021. it became the 12^th biggest cryptocurrency with a market cap of $23 billion. It was responsible for onboarding a lot of newcomers in the world of crypto and legitimized memes to where other online merchants accepted it for payments. DOGE was heavily propelled by Elon Musk who said that DOGE is better suited to be a currency than Bitcoin.

SHIB was in the news almost daily. In the past year, the price of SHIB increased 44,234.210% which means that if you invested $1 you would now have $442,343. Shiba Inu was the most popular on CoinMarketCap as well.

Solana achieved something really special in 2021 in both performance and overall development. It became the leading layer one protocol and saw an influx of developers that shifted from Ethereum as they were looking for a scalability solution. Solana’s TVL is set at $11.5 billion and it gained 11,000% in one year in value.

Avalanche and its aVAX token saw the price skyrocketing in 2021. It attracted huge value locked in different protocols that run in the ecosystem and tapped a lot of partnerships as well.

The 5 most influential digital assets of 2021 have been constantly in the news and these despite Bitcoin include, Ethereum, DOGE, SHIB, AVAX, and Solana so let’s see what made them great today’s latest altcoin news.

2021 was a crazy year for altcoins and so many things happened in the crypto space that it was really hard to grasp. It is still questionable if the market would have turned out the way it did if it wasn’t for Bitcoin’s amazing performance in both adoption and price. However, its declining market dominance has been dropping through the year. But with that said, let’s focus on the 5 most influential digital assets of 2021.

Ethereum got clogged by huge demand and dapps but it continued to propel a movement that was garnering more speed. 2021 was great for the network as the protocol implemented the London hard fork and the EIP 1559. The goal was to reduce the transaction fees and in essence, this shifted ETH’s tokenomics by reducing the rate of inflation because of the deflationary mechanism. This along with the booming DEFI market made ETH have a strong performance.

Dogecoin prove to be an amazing asset in 2021. it became the 12^th biggest cryptocurrency with a market cap of $23 billion. It was responsible for onboarding a lot of newcomers in the world of crypto and legitimized memes to where other online merchants accepted it for payments. DOGE was heavily propelled by Elon Musk who said that DOGE is better suited to be a currency than Bitcoin.

SHIB was in the news almost daily. In the past year, the price of SHIB increased 44,234.210% which means that if you invested $1 you would now have $442,343. Shiba Inu was the most popular on CoinMarketCap as well.

Solana achieved something really special in 2021 in both performance and overall development. It became the leading layer one protocol and saw an influx of developers that shifted from Ethereum as they were looking for a scalability solution. Solana’s TVL is set at $11.5 billion and it gained 11,000% in one year in value.

Avalanche and its aVAX token saw the price skyrocketing in 2021. It attracted huge value locked in different protocols that run in the ecosystem and tapped a lot of partnerships as well.