Blockchain platforms are pioneers in creating and managing an array of web3 functions. The industry consists of several networks that provide a novel user infrastructure. XDC Network, a platform popular for its features, surpassed kadena, polkadot, vechain, and cosmos, in total value locked (TVL), according to CoinMarketCap (CMC) data.TVL is a metric used to evaluate the potential and overall health of the project.
XDC Network combines decentralization, high-speed transactions, near-zero fees, and security. On the CMC, XDC is ranked 91st in TVL, above litecoin and polkadot.
An XDC enthusiast tweeted, saying, “it’s not always the price that defines the value of a project; rather, do your research and conclude.”
Henceforth, he contends that users should not blindly judge the value of a platform solely based on price. The real potential might be concealed by its features and the value it adds to the community.
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Author: Dalmas Ngetich