- A leading oracle network, Chainlink connects smart contracts with real-world data for reliable solutions.
- SUI reached an all-time high, with a 420% increase and strong investor confidence.
- NEAR boasts 3 million daily users, driven by AI integrations and growing dApp activity.
As the world shifts to a data-focused society, blockchain technology requires effective methods to integrate real-world information. Chainlink, Sui and Near Protocol emerge as three promising altcoins.
These 3 Blockchains connect critical real-world data to blockchain applications. With their unique strengths, these projects could potentially lead to significant returns for investors.
Chainlink (LINK)
Source: Trading View
Chainlink is a key player in the decentralized oracle realm, offering vital infrastructure for the blockchain ecosystem. This innovative network links smart contracts with real-world data. By employing decentralized oracles, Chainlink significantly enhances the reliability and functionality of smart contracts—crucial for applications in finance, insurance and beyond.
One standout feature of Chainlink is its capacity to aggregate data from various sources. As more industries pursue adoption of blockchain technology, the demand for reliable data connections will, however, only intensify. Chainlink is therefore well-positioned to address this growing need.
Sui (SUI)
Source: Trading View
Sui Blockchain recently achieved an unprecedented high of $2.35. Despite rumors about insider trading—entailing $400 million in SUI tokens—confidence among investors is high. SUI now boasts a market cap exceeding $5.9 billion, while its total value locked (TVL) surpasses $1 billion.
This extraordinary growth of 420% this year highlights SUI’s potential. After establishing support around the $2 mark, SUI’s price action has resulted in a 35.5% increase over the past month; however, the market remains volatile.
NEAR Protocol (NEAR)
Source: Trading View
Rapid user growth, fueled by AI integrations makes Near Protocol appealing. As of writing, NEAR has 3 million daily active users—surpassing competitors like Tron and Solana.
The rising use of AI-powered decentralized applications has drawn significant interest; DappRadar reports a 70% surge in dApp activity during Q3 2024. NEAR’s price recently consolidated around $5, rising 6.57% to $5.0473. If support above $5 holds, a breakout could be on horizon.
LINK, SUI and NEAR offer lucrative investment opportunities; however, as blockchain technology advances, these altcoins are positioned to thrive in upcoming bull market. Keeping an eye on these projects could lead to significant gains, because this could be the moment investors have been waiting for.
