Top 5 Promising Layer 1 Cryptocurrencies to Watch in 2023

The crypto world is buzzing with fresh developments. Just recently, Qubetics ($TICS) announced its presale has surpassed $11.5 million

The crypto world continues to witness exciting developments, with several promising projects making headlines. Among them, Qubetics ($TICS) has garnered attention with its impressive presale performance. Meanwhile, Gala is forging ahead in the blockchain gaming space, Tron is boosting digital content distribution, Ondo is introducing new financial instruments in DeFi, and Stacks is enhancing Bitcoin's capabilities with smart contracts. Here's a closer look at each project:

1. Qubetics ($TICS): Pioneering the Future of Blockchain

As a Web3 aggregator, Qubetics seamlessly connects decentralized applications (DApps), DeFi services, and various blockchain ecosystems. Its emphasis on interoperability addresses one of the most significant challenges in the crypto space.

Latest Developments Around Qubetics

In its 19th presale stage, Qubetics has sold over 453 million tokens to more than 17,600 holders, raising upwards of $11.5 million. According to analysts, $TICS could reach $0.25 by the end of the presale, presenting a potential return of 312%. Looking ahead, forecasts suggest $TICS might hit $1 post-presale, indicating a 1,548% ROI, and possibly soar to $15 after the mainnet launch, translating to a remarkable 24,630% ROI.

One of Qubetics' standout features is its QubeQode Integrated Development Environment (IDE). This AI-powered, drag-and-drop smart contract builder simplifies blockchain development, making it accessible to a broader audience.

For Individuals: Imagine you’re a freelancer in Kazakhstan wanting to create a decentralized application (DApp) to showcase your portfolio. With QubeQode IDE, you can design and deploy your DApp without extensive coding knowledge, enhancing your professional reach.

For Professionals: A developer in Belarus can utilize the IDE to streamline the creation of smart contracts, reducing development time and minimizing errors through AI-powered debugging.

For Businesses: A company in Ukraine looking to implement a blockchain-based supply chain solution can leverage QubeQode IDE to develop and deploy the application efficiently, ensuring transparency and traceability in their operations.

Why did this coin make it to this list? Due to its innovative approach to interoperability and its user-centric tools, Qubetics stands out as a promising Layer 1 crypto investment opportunity.

2. Gala: Revolutionizing Blockchain Gaming

Through its decentralized platform, Gala is carving a niche in the blockchain gaming industry by empowering players with true ownership of in-game assets. These assets can be bought, sold, and traded freely by gamers, fostering a player-driven economy.

Recently, Gala announced partnerships with several indie game developers, expanding its gaming portfolio. These collaborations aim to bring diverse gaming experiences to the platform, attracting a broader audience. Additionally, Gala’s token, GALA, has been listed on major exchanges, increasing its accessibility to investors.

Why did this coin make it to this list? Gala’s focus on decentralizing the gaming industry and its recent strategic partnerships position it as a noteworthy crypto.

3. Tron: Enhancing Digital Content Distribution

Tron aims to decentralize the internet by facilitating efficient digital content sharing. Its blockchain boasts high throughput and scalability, making it suitable for content creators and consumers alike.

In recent developments, Tron has seen a surge in network activity, with increased transaction volumes and the deployment of new decentralized applications. The platform's integration with various DeFi projects has expanded its ecosystem, offering users more financial services.

Why did this coin make it to this list? Tron’s commitment to decentralizing content distribution and its growing ecosystem make it a significant crypto to watch.

4. Ondo: Innovating in Decentralized Finance

Ondo Finance is introducing novel financial instruments to the DeFi space, aiming to bridge the gap between traditional finance and decentralized platforms.

Recently, Ondo has launched new liquidity pools that offer users enhanced yield opportunities. These pools are designed to attract both retail and institutional investors by providing competitive returns with managed risk.

Why did this coin make it to this list? Ondo’s innovative DeFi solutions and its efforts to integrate traditional financial concepts into the crypto world make it a compelling project.

5. Stacks: Bringing Smart Contracts to Bitcoin

Stacks is a unique Layer 1 blockchain that enables smart contracts and decentralized applications to be built on Bitcoin, harnessing its security and stability.

Increased adoption has seen a growing number of developers building DApps on Stacks. The recent launch of Clarity 2.0, an upgraded smart contract language, has enhanced the platform’s capabilities, attracting more projects to the ecosystem.

Why did this coin make it to this list? Stacks’ approach to integrating smart contracts with Bitcoin’s blockchain offers a unique value proposition in the crypto space.

Conclusion

Based on our research and analysis, promising cryptocurrencies include Qubetics ($TICS), Gala, Tron, Ondo, and Stacks. Each project