Top tokens and blockchains that can replace centralized payment processors

Credit cards typically settle around 5,000 transactions per second (TPS). What this means is that blockchain networks need to exceed this amount in order to scale globally and be able to replace centralized payment processors.

Cosmos Hub (ATOM/USD), Fantom (FTM/USD), and Solana (SOL/USD) are some of the best blockchains that can replace centralized payment processors.

Cosmos Hub can reach 10,000 transactions per second (TPS) with an average confirmation time of around 2 to 3 seconds.

Fantom, through the usage of its consensus mechanism known as Lachesis, can achieve up to 20,000 transactions per second (TPS).

Solana can reach up to 50,000 transactions per second (TPS). With this in mind, we will go over how each token has performed historically in terms of value.

Should you buy Cosmos Hub (ATOM)?

On December 21, 2022, Cosmos Hub (ATOM) had a value of $8.971.

ATOM/USD Chart by Tradingview

The all-time high of Cosmos Hub (ATOM) was on January 17, 2022, at a value of $44.45. At its ATH, ATOM was $35.479 higher in value, or 395% higher.

When we look at the 7-day performance of Cosmos Hub (ATOM), its low point was at $8.85, while its high point was at $9.05. Here we can see a shift in the value of $0.2 or by 2%.

In terms of the 24-hour performance, the low point was at $8.86, while the high point was at $9. Here we can see a difference of $0.14 or by 2%.

Investors will be interested in buying Cosmos Hub (ATOM), as it can climb to $10 by the end of December 2022 with its current momentum.

Should you buy Fantom (FTM)?

On December 21, 2022, Fantom (FTM) had a value of $0.2007.

FTM/USD Chart by Tradingview

When we look at the all-time high of Fantom (FTM), the token reached a value of $3.46 on October 28, 2021. Here we can see that at its ATH, FTM had a higher value of $3.2593 or by 1,623%.

In terms of the 7-day performance, Fantom (FTM) saw its low point at $0.199085, while its high point was at $0.206172. Here we can see a price difference of 3%, or by $0.007087.

In terms of the 24-hour performance, the low point was at $0.199117, while the high point was at $0.201675. Here we can see a $0.002558 difference, or by 1%.

Investors will want to buy Fantom (FTM) as it can climb to $0.25 by the end of December 2022.

Should you buy Solana (SOL)?

On December 21, 2022, Solana (SOL) had a value of $12.08.

SOL/USD Chart by Tradingview

Solana (SOL) as a token had its all-time high on November 6, 2021, at a value of $259.96. Here we can see that at its ATH, the token was $247.88 higher in value, or 2,052% higher.

In terms of the 7-day performance,, the low point was at $11.77, while the high point was at $14.71. Here we can see a difference or 25%, or by $2.94.

When we go over the 24-hour performance, Solana (SOL) saw its low point at $11.99, while its high point was at $12.45. Here we can see a price difference of $0.46 or by 4%.

Investors will want to take up the opportunity to buy Solana (SOL) as it can climb to $13.5 by the end of December 2022.

The post Top tokens and blockchains that can replace centralized payment processors appeared first on Invezz.