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According to Altcoin Daily, 6 crypto projects are making big waves of adoption

The co-host of a popular cryptocurrency channel Altcoin Daily on YouTube is naming six altcoin projects that he thinks will be huge in the future.

In a new update, Altcoin Daily co-host Aaron Arnold told his 1.23 million YouTube subscribers that Ethereum (ETH) is the clear leader in mass crypto adoption.

Arnold points to a tweet from Bloomberg strategist Mike McGlone in which the respected analyst calls ETH the “collateral of the internet.

Demand is growing, supply is decreasing, and Ethereum’s position at the heart of the digitalization of finance and currency suggests the price will rise further.

Ethereum – the denominator for [non-fungible token] and the leading platform for cryptography – is becoming the collateral of the Internet.”

Sticking with NFT, Arnold predicts major blockchain adoption of Cardano (ADA), an Ethereum competitor. Arnold says that ADA is about to be pushed further into the crypto spotlight because of a recent announcement that world-renowned rapper Snoop Dogg is releasing an NFT collection on Cardano.

Project ADA is far from Snoop’s first foray into blockchain – the Southern California rapper released NFT on the Gala (GALA) platform earlier this year.

On the topic of non-fungible Ethereum tokens (NFT), Altcoin Daily co-host also drew attention to Azuki (AZUKI), a new Ethereum-based NFT project with an upcoming airdrop.

Azuki is up 54% in the past 24 hours, trading for $0.05 at press time.

Also on the topic of NFTs, Altcoin Daily co-host said Solana (SOL) will see a spike thanks to the NFT market leading announcement, OpenSea, about SOL-based NFT support, starting at the end of the day. this month.

Arnold is also bullish on the future of altcoins based on Solana STEPN (GMT), a lifestyle app with recent hints of an upcoming major industry announcement.

Finally, the Altcoin Daily co-host says Polkadot (DOT) is one step closer to mass adoption. Arnold’s prediction is based on news that DOT parachains Acala and Karura will connect Polkadot and Kusama (KSM) with a wormhole multichain bridge – an upgrade that will make DOT interoperable with most layer 1 blockchains, such as such as Ethereum and Solana.