6 Best Altcoins to Watch Today March 09 – OriginTrail, Theta Fuel, Arweave, Celestia

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These initiatives aren’t just capitalizing on the excitement; they’re using novel techniques to solve pressing issues. From improving the transparency of the supply chain to transforming data storage and decentralized content distribution, each of these altcoins makes a strong argument for being on your radar. What distinguishes them from other digital assets? What potential effects might these tokens have on blockchain technology in the future, and why are investors supporting them?

6 Best Altcoins to Watch Today

OriginTrail, for instance, is transforming supply chains with its decentralized knowledge graph, making it easier for businesses to verify and trace assets securely. On the other hand, Theta Fuel is addressing the growing demand for decentralized video streaming, ensuring faster content delivery with reduced costs.

Arweave’s approach to permanent data storage has intrigued those who see the need for a decentralized, censorship-resistant web. Meanwhile, Celestia is pioneering a modular blockchain architecture that promises to overcome traditional chains’ scalability challenges. The innovation behind these projects is undeniable, but what truly sets them apart is the real-world application they bring to the table.

1. OriginTrail (TRAC)

OriginTrail tackles the critical issue of trust and data interoperability in international supply chains. By establishing a decentralized knowledge graph (DKG), TRAC guarantees that data shared among several stakeholders is easily accessible, secure, and verifiable.

TRAC Price Chart

Its Decentralized Knowledge Graph (DKG), which blends blockchain and Semantic Web technologies, provides a verifiable and impenetrable way for different parties to share data, guaranteeing the information’s accuracy and reliability.

TRAC’s current price of $0.3885 indicates that, despite notable volatility, it continues to hold a strong position in the blockchain market. It’s strong recovery from its lowest point of $0.003785 indicates resilience and potential for growth.

Prominent institutions like the Swiss Federal Railways, the British Standards Institution (BSI), and the Supplier Compliance Audit Network (SCAN), which oversees more than 40% of US imports, have partnered with TRAC. These partnerships encourage wider usage across multiple industries and improve TRAC’s ecosystem.

2. Theta Fuel (TFUEL)

As the “gas” powering the Theta blockchain, Theta Fuel’s unique selling proposition is its ability to support on-chain functions, including paying relayers to share video streams, implementing and interacting with smart contracts, and transacting NFTs and DeFi apps.

TFUEL Price Chart

With the release of Theta 3.0, Theta Labs unveiled a new crypto-economic design for TFUEL that incorporates ideas like TFUEL burning and staking. By increasing the network’s capacity and optimizing TFUEL’s usefulness, these improvements hope to raise demand and potentially boost its value.

TFUEL’s price has risen by almost 104% in the last year, outpacing 59% of other cryptocurrencies during the same period. Over the past 30 days, the token’s value has increased by 14.44% versus USD, 17.31% versus Ethereum, and 10.58% versus Bitcoin.

Theta Network has forged beneficial alliances with major market players, such as Google, Samsung, Sony, and Binance. These partnerships strengthen the network’s reputation and further its mission to disrupt the traditional video-streaming industry.

3. Arweave (AR)

Arweave provides a decentralized approach that guarantees data remains unchangeable and always available. This invention is fundamental to preserving digital archives, historical documents, and content that needs to maintain its integrity over time.

Its permaweb model guarantees that information cannot be changed or removed after it has been stored, making it a trustworthy and impenetrable information repository. This capability is essential for applications like legal documents, scholarly research, and digital art that demand data integrity.

AR Price Chart

Notably, AR matched the volatility of the cryptocurrency market by reaching its highest point ever on November 5, 2021, at $90.94, and its lowest point ever on May 27, 2020, at $0.4854.

In recent times, Arweave and Meta (previously Facebook) have established a noteworthy collaboration for storing non-fungible tokens (NFTs) on Instagram.

4. Celestia (TIA)

Celestia tackles the issues of scalability and flexibility in the blockchain ecosystem with its creative modular blockchain design. The TIA coin’s underlying technology and potential for real-world applications offer opportunities for future growth and adoption, notwithstanding market volatility.

TÍA Price Chart

TIA allows developers to specify their own execution and settlement environments by separating consensus and data availability from execution.

The price of TIA has fluctuated significantly. It is currently trading at $3.24, a massive drop from its peak of $20.91. This decline may indicate market corrections or shifts in investor sentiment.

Celestia has kept up its innovation in the blockchain arena by improving its modular architecture to accommodate more applications. Its dedication to providing a scalable and adaptable blockchain infrastructure makes it an advantageous partner for initiatives seeking specialized solutions.

5. Solaxy (SOLX)

Solaxy‘s presale has been nothing short of remarkable. The project raised an astounding $1.9 million in just three days after its launch on December 12, 2024, indicating strong investor interest and faith in its goal. Less than two weeks into the presale, Solaxy’s funds surged to over $4.5 million, bringing them closer to their $5 million goal.

Following the presale, the project plans to prepare for its Token Generation Event (TGE), where SOLX will be listed on significant decentralized and centralized exchanges, offering accessibility and liquidity to a broader range of users. With thirty percent of the project’s 138 billion token supply, the Solaxy Layer 2 blockchain development is underway.

SOLX is more than just another meme coin; it solves the scalability issues of the Solana network and provides significant staking incentives. It is a project with practical applications and the potential to change the future of decentralized finance.

Visit Solaxy Presale.

6. Maker (MKR)

Maker’s unique selling point lies in its multifaceted utility within the MakerDAO system. In addition to being a governance token that allows holders to vote on protocol modifications, MKR is also used to cover platform transaction fees.

MKR Price Chart

This dual functionality aligns incentives throughout the ecosystem by ensuring that MKR holders have a stake in the system’s stability and success.

Currently, MKR is trading at about $1,336.80, with a 24-hour trading volume of $101.94 million. Its price has dropped 18.26% in the last week, a sign of recent market volatility.

To further diversify and stabilize the DAI stablecoin, the platform examined including real-world assets in its collateral portfolio. Additionally, to increase the protocol’s durability and revenue production, MakerDAO has made investments in conventional financial assets, including U.S. Treasury bonds.

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