Top Crypto Projects With Upcoming Upgrades You Should Be Aware Of In 2023

Crypto News: As Bitcoin’s price reclaims the coveted $28K mark, the overall crypto market has grown to reach almost a $1.2 trillion market cap — which places it just behind that of Silver. While the whole market is abuzz with Bitcoin’s recent surge and Ethereum’s upcoming Shanghai Hard Fork upgrade, there are a few developments in the crypto space which deserve your attention as well. Here’s a list of cryptocurrency projects with upcoming updates that you shouldn’t miss.

Polygon (MATIC) zkEVM Launch

The zkEVM Beta offered by Polygon is an industry-leading ZK scaling solution and is analogous to Ethereum Virtual Machine. It does this by harnessing the power of zero-knowledge proofs, which allows for reduced transaction costs and a large boost in throughput, all while inheriting Ethereum’s security. The team chose March 27 as the official date for the mainnet launch.

Cosmos (ATOM) Twilight SDK Release

The latest version of the Cosmos Software Development Kit (version 0.47), also known as the Twilight release will introduce a number of enhancements to the platform — all of which are designed to improve the functionality and performance of all Cosmos SDK-based chains. This new development brings with it a number of new features and improvements that will enable developers working within the Cosmos ecosystem to construct more intricate and powerful applications.

Read More: Polygon Launches zkEVM-powered Web3 Gaming Network; MATIC Price Surge Ahead?

PancakeSwap (CAKE) Version 3 Launch

PancakeSwap V3 is supposed to be a revamped version of the existing platform. It will house features including competitive trading fees, trading incentives, greater liquidity provisioning, and a better yield farming experience. In addition, all of the new and existing features will be consolidated into a single platform with an improved user-friendly interface.

The launch is anticipated to take place in the first week of April.

Fetch.AI (FET) Wallet With NFT Support

The Fetch team has published a roadmap outlining important milestones that the cryptocurrency project hopes to reach by the end of the year. Their goals include advancements in their ledger, AI tech, agents, and wallet, among other domains. Under its new crypto wallet, there will be support for group communications, voting on governance proposals, support for NFT collections, and the crucial addition of in-wallet support for staking. Also, the wallet’s mobile version with support for Web 2 SSO is slated for release soon.

Also Read: FTX Sues Bahamian Liquidators Over Affiliate Company; Calls It “Fraudulent Enterprise”

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Pratik Bhuyan
CoinGape