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Cryptocurrency News Articles
Qubetics: The Future of Multi-Chain Asset Management
Feb 08, 2025 at 12:15 pm
The struggle of managing assets across different blockchains has frustrated traders for years. Qubetics is solving this by introducing a Non-Custodial Multi-Chain Wallet, allowing users to seamlessly transfer, stake, and trade assets across multiple networks with complete control over their funds.
Amidst the rapidly evolving crypto market, several projects are making waves with their innovative solutions and promising investment opportunities. Here's a closer look at some of the latest updates and developments:
Terra Classic (LUNC) continues its aggressive token burn strategy as Binance recently burned another 736,333,334 LUNC tokens. This brings the total amount of burned LUNC to 56,332,944,093, further reducing the token's supply. The community's aim is to burn a significant portion of the total LUNC supply to increase its scarcity and drive up its value.
Meanwhile, Aptos is pushing the boundaries of blockchain scalability with the introduction of Shardines, a highly anticipated upgrade that promises to achieve up to 1 million transactions per second (TPS) with horizontal scalability. This technology aims to distribute the workload efficiently across multiple shards, increasing transaction speeds and reducing fees. If successful, Aptos could become a major competitor to high-performance blockchains like Ethereum and Solana.
On the other hand, Qubetics ($TICS) is setting a new standard in decentralized finance with the launch of its Non-Custodial Multi-Chain Wallet. This solution eliminates the complexities of managing assets across multiple blockchains, offering a seamless experience for traders and investors. As a fully developed and user-centric project, Qubetics is making waves in the crypto community.
Here's a deeper dive into each project's updates and how they could impact the crypto landscape:
1. Terra Classic: Binance Burns 736 Million More LUNC Tokens
As part of the Terra Classic (LUNC) community's efforts to revive the token following the 2022 Terra collapse, Binance recently burned an additional 736,333,334 LUNC tokens from the Binance CEX burn address. This brings the total amount of burned LUNC to 56,332,944,093.
The massive token burn is a response to the excessive token supply that contributed to LUNC's devaluation during the 2022 Terra crash. By reducing the total supply, the community aims to increase the scarcity of LUNC, driving up its price and restoring value to token holders.
Binance's involvement in the LUNC burns is also significant as it showcases growing institutional support for the token. This could bolster investor confidence and contribute to a broader revival of the Terra Classic ecosystem.
While the effectiveness of token burns in driving price appreciation is still up for debate, LUNC's deflationary approach aligns with strategies used by top-tier cryptocurrencies like Bitcoin (BTC) and Binance Coin (BNB). If the trend continues, Terra Classic could regain market relevance, making it one to watch in the altcoin space.
2. Aptos Pushes Blockchain Scalability to 1 Million TPS with Shardines
Aptos, a Layer 1 blockchain known for its high throughput and low latency, is pushing the boundaries of blockchain scalability with the introduction of Shardines. This cutting-edge technology is designed to achieve up to 1 million transactions per second (TPS) with horizontal scalability.
Traditional blockchains often encounter bottlenecks when handling high transaction volumes, leading to congestion and increased transaction fees. Aptos' approach aims to distribute the workload efficiently across multiple shards, ensuring faster transaction processing at a lower cost.
This development is particularly crucial for Web3 applications and institutional users that demand high-performance blockchain networks. If successful, Aptos could become a major competitor to Layer 1 blockchains like Ethereum and Solana, attracting dApps and users that require fast and scalable blockchain infrastructure.
As blockchain networks race toward higher scalability, Aptos is positioning itself as a leader in next-gen blockchain technology. With scalability being a key factor in mass adoption, Aptos could be one of the best cryptos with 1000X potential for long-term growth.
3. Qubetics: Multi-Chain Asset Management and a Gateway to 1000X Potential
In the realm of decentralized finance, Qubetics is making waves with its fully developed, user-centric solution that addresses one of crypto’s biggest pain points—multi-chain asset management.
While institutional investors turn toward cross-chain interoperability, Qubetics is emerging as a leader in this space, setting it up to be one of the best cryptos with 1000X potential.
Here's a closer look at how these projects are impacting the crypto market and the broader Web3 landscape:
Terra Classic’s massive token burn and Aptos’ groundbreaking scalability upgrade showcase how different projects are tackling unique challenges in the crypto space. But Qubetics stands out as a transformative project poised for massive growth.
With its seamless multi-chain asset management solution and strong industry presence, Qubetics is not just another altcoin—it's a project that's making a real impact on the
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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