Best Altcoins to Watch on February 24 – TRON, MANTRA & Optimism in Focus

• TRON (TRX) powers a decentralized internet, enabling creators to earn more while users save through blockchain-based content sharing.
• MANTRA (OM) bridges DeFi with regulatory compliance, offering fast transactions and asset tokenization via Cosmos SDK & IBC compatibility.
• Optimism (OP) scales Ethereum with rollups, cutting costs and boosting speed, supporting Uniswap, Synthetix & more with $500M+ TVL.

TRON (TRX), MANTRA (OM), and Optimism (OP) stand out with game-changing innovations in DeFi, blockchain scalability, and content monetization. 

Source: Coinmarketcap

TRON (TRX) operates as a blockchain-based operating system which focuses on building a decentralized internet architecture. TRX launched as an ERC-20 token on Ethereum before it built its own independent network. The platform lets content creators establish real-time communication links with audience members without the need for intermediaries that include YouTube and Apple.

TRON enables smart contracts along with decentralized applications (dApps) and blockchain systems operation. The network operates with a UTXO model like Bitcoin but maintains an open ledger to store every transaction. The network creates a low-cost digital content distribution platform which allows consumers to save money while creators make more money. TRON attracts developers through its seasoned global team while maintaining openness about its development plans ahead.

Source: Coinmarketcap

MANTRA (OM) has established itself as both decentralized finance (DeFi) platform and Layer 1 blockchain which dedicates its efforts toward ensuring security paired with abiding regulatory standards. MANTRA enables the transformation of physical assets into digital tokens for trading purposes through its framework which obeys legal requirements. MANTRA (OM) enables developers to build compliant APIs through Cosmos SDK and features both IBC compatibility and CosmWasm integration for application scalability.

The MANTRA network boosts its security features by using a Proof-of-Stake validator set which enables 10,000 transactions per second speed. The platform provides ready-to-use decentralized applications as well as partnerships with on-off exchange companies to enhance user-friendly solutions. The platform attempts to connect institutions together with Web3 non-native users through its integration of regulatory-compliant solutions paired with decentralized finance mechanisms.

Source: Coinmarketcap

Optimism (OP) serves as a Layer 2 protocol that improves Ethereum’s operational capabilities. The platform utilizes optimistic rollups to record Optimism-based transactions before Ethereum secures them through its system. The infrastructure of Ethereum enables Optimism to cut transaction expenses and provide more scalability to the network.

Optimism presently demonstrates over $500 million in total value locked (TVL) and enables various decentralized protocols including Uniswap and Synthetix to operate on its platform. The Optimism platform focuses on sustainable development through gradual feature integration and interoperability with Ethereum to achieve both efficiency and long-term sustainability. The platform conducts Layer 2 transactions before sending grouped batches to Ethereum’s main network. The withdrawal process requires seven days for full execution because it enables time for fraud detection. The enhanced speed of transactions on Ethereum that results from Optimism creates an environment which supports expanded blockchain scale.

Tags:Crypto market cryptocurrency MANTRA (OM) Optimism (OP) Tron (TRX)