3 Ethereum competitors to watch even after the merge

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The Ethereum Merge is likely to strengthen Ethereum’s position as a top layer-1 chain. This is because, with better scaling and lower fees, more developers are likely to find Ethereum even more attractive.

So, does this mean that the platform has taken over the blockchain market, leaving no room for other players? far from it! While Ethereum is likely to cement its position as the number one platform blockchain, others will still thrive. This is because the fees for Ethereum will, on average, still be high compared to other players in the industry.

In fact, at current gloomy prices, now may be a good time to invest in Layer-1, which has the potential to trigger a broader market rally in the near term.



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Binance is one of the largest cryptocurrency exchanges in the world. It is better suited for more experienced investors and it offers a large number of cryptocurrencies to choose from, over 600. Binance is also known for low trading fees and multiple trading options that its users can benefit from, such as; Peer-to-peer trading, margin trading and spot trading.

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Solana (SOL) prides itself on being one of the fastest blockchain platform and is unmatched in terms of transaction costs. Solana can handle up to 50k transactions per second at a fee in pennies.

While Solana has been a security scare lately, developers are confident in it, as its adoption continues to grow rapidly. For example, Solana NFT is growing rapidly, and the number of DeFi projects launching on Solana is also increasing.

Helium is one of the big projects going to Solana and could turn its fortunes in the short to medium term. Helium is considering a change to the Solana, and once it does, it will be a huge credibility boost for the Solana.

This would be a good indicator that Solana still has room to grow, despite the increasing pressure that Ethereum will put on the Layer-1 blockchain in the future. When you take into account that Solana is far from its most recent high, it is clear why it remains one of the top cryptocurrencies to watch even after the merger with Ethereum.

Terra Classic (LUNC)

Since LUNC is such a new asset, it is yet to be listed on major exchanges. You can still buy LUNC using a DEX (decentralized exchange), which means there are a few extra steps. To buy LUNC now, follow these steps:

1. Buy ETH on a regulated exchange or broker, eg eToro ›

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2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You have to create your wallet, get your address and send your coins there.

3. Save your wallet with 1inch DEX . connect to

Go to 1 inch, and ‘connect’ your wallet to it.

4. Now you LUNC. You can swap your ETH for

Now that you are connected, you will be able to exchange 100 coins including LUNC.

Terra Classic (LUNC) has been in the news recently, mainly due to the token burn which was implemented as an on-chain tax. While that’s part of the reason we saw massive pumps last week, the Terra Classic is one of the most capable Layer-1s on the market. It still has technical capabilities and a lot of projects are being built on top of it. This is despite the collapse of UST which almost ruined the network. Terra Classic’s scalability, low fees, and now token burn put it in a unique position to compete with Ethereum even after the Ethereum merger.

Avalanche (AVAX)


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Avalanche (AVX) is another top layer-1 cryptocurrency that is gaining traction quite rapidly in adoption. The most recent indicators of increasing adoption of Avalanche include GMX, a decentralized spot trading exchange, and DeFi aggregator 1inch. Being one of the more stable L-1 chains, there is potential for increased adoption of Avalanche even after the Ethereum merger.

As Avalanche is trading at all-time lows compared to its most recent all-time highs, it is one of the top cryptocurrencies to watch not only in September but also in the days ahead.

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