ETH - These 2 Cryptos Are Reinventing Themselves for the Coming Bull Market Rally
2023-06-23 06:09:00 ET
Over the past 30 days, even the biggest names in the crypto industry have had difficulty establishing positive momentum. But don't confuse volatility and uncertainty with inaction. Peer below the surface, and it's possible to spot a few cryptos making serious moves in anticipation of the next bull market rally.
Two that stand out are Cardano (CRYPTO: ADA) and Polygon (CRYPTO: MATIC). Both are making core structural changes out of necessity, given the specter of possible enforcement actions by the Securities and Exchange Commission (SEC). But it's precisely those changes that could be setting them up for long-term growth.
Polygon is best known as a top Layer 2 scaling solution for Ethereum (CRYPTO: ETH). In 2022, it benefited greatly from all the attention that Ethereum was getting as a result of The Merge, and lined up a number of key brand partnerships, including Starbucks and Nike .
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These 2 Cryptos Are Reinventing Themselves for the Coming Bull Market Rally