5 Crypto Coins with the Highest Gains in 2024

Mina Protocol (MINA) is one of the most advanced platforms in blockchain, as it is built on a strong foundation of blockchain technology and is suitable for long-term investment. MINA is similar to Bitcoin, aside from the way it handles transactions, in that it functions as a utility coin and medium of exchange.

Afid said the MINA crypto has the potential to be bullish this week. As of June 25 2022, MINA's value movement has increased by around 19 percent.

“For MINA there will still be potential for an increase this week, yes, because of the positive sentiment from the launch of the crypto library Package which will be released on June 30 to increase the capabilities of the Mina Protocol,” said Afid.

Avalanche

Avalanche aims to do this by having higher transaction throughput of up to 6,500 transactions per second without sacrificing scalability. This is possible because of Avalanche's unique architecture.

The Avalanche Network consists of three individual blockchains: X-Chain, C-Chain and P-Chain. Each chain has a different goal, which is very different from the approach Bitcoin and Ethereum use, which is to have all nodes validate all transactions.

The Avalanche blockchain even uses different consensus mechanisms based on its use case. The native token of the Avalanche network is known as Avalanche Coin or AVAX.

Following its mainnet launch in 2020, Avalanche has worked to develop its own DApps and DeFi ecosystem. Various Ethereum-based projects such as SushiSwap and TrueUSD have integrated with Avalanche.

Additionally, the platform is continually working to improve interoperability between its own ecosystem and Ethereum, such as through bridge development.