The most promising altcoins for 2021

At the moment, there is some uncertainty in the cryptocurrency market.Since bitcoin doesn'tit turns out to overcome the resistance level in $40,000, other altcoins are also struggling to see appreciable appreciation. However, we can expect some assets to recover, which will depend on development.

Uniswap and Polkadot are two technically advancedprojects that are able to overcome the current market threshold. It is assumed that the moment when both of these assets again show a strong rally on the charts is only a matter of time.

Uniswap, Polkadot: current market situation

Uniswap continues to consolidate aroundthe $ 25 mark, seeking to break above the current price range. However, according to the data, its new protocol has already received priority over the previous version.

Uniswap V3 was launched in early May and further increased the exchange's market share among all DEXs.

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Statistics showed that in May V2 and V3provided $ 65 billion in transaction volume, nearly 3 times the January record of $ 26 billion. As expected, Uniswap continued to dominate the DEX ecosystem, with its protocol holding over 50% of the market share:

"It's a testament to the quality of v3's trades that Uniswap protocols are now receiving40% of the aggregator's weekly streams, up from 20% before launch.V3 activity is heavily concentrated in the ETH/USDC, ETH/USDT, USDC/USDT and ETH/WBTC markets, which accounted for 78% of the volume over the past 7 days."

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In addition, the protocol continues to dominate the Ethereum blockchain, where it accounts for ~ 25% of all network transactions.

As for Polkadot, blockchain continuesimprove their network of validators, which is not directly related to price increases, but is vital for the future development of the network. In less than a year, Polkadot formed blocks of 3.75 million transactions and received 344,198 active accounts. In addition, its experimental Kusama network has produced a whopping 7.66 million blocks and has over 100,000 active accounts.

Both protocols are backed by 1,097 validators with over 25,000 active nominators.

How do these factors drive prices up?

Until recently, the value of crypto assets inmostly influenced by sentiment, FUD (fear, uncertainty, doubt) and irregular bull rallies of epic proportions. Since the beginning of 2020, in addition to the Bitcoin network, the value of other blockchains has been recognized. Ethereum is a prime example of this, a similar goal is pursued by Uniswap and Polkadot.

These projects are based on strong functionality,and UNI is the leading argument for DEX in the competition with centralized cryptocurrency exchanges. As for Polkadot, it is arguably one of ETH's competitors and its dApp testnet (such as Kusama) will gain more prominence as the importance of DeFi will only increase in the future.

Technological developments are slow to affect the price, as a rule, their implementation leads to tangible growth.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Bybit	https://bybit.com	7.5
3	OKEx	https://okex.com	7.1
4	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability&#8212; stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• Platform Features– availability of additional features &#8212; futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

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