In 2023, two Cryptocurrencies could see huge growth. They have the basics and also offer solutions to problems outside of the blockchain sector.

Factors that could help Chain link (LINK) and Polygon (MATIC) grow in the coming year have been previously covered by U.Today. However, many cryptocurrency investors already have these altcoins in their portfolios and are aware of them on the market.

Some cryptocurrencies are out of reach for many investors, but they may see a significant rise in 2023. Look up who they are to see:

Optimism (OP) :

Ethereum could be one of the biggest stars of the next year (ETH). After all, the bitcoin will experience The Surge, another network update, which may affect the way its users transact.

The Surge tries to increase the capacity and scalability of the altcoin. Guaranteed to run up to 100,000 transactions per second as a result. In addition, the improvement will reduce the price of data logging on the Ethereum network.

However, in order for ETH to be used more frequently in daily life before the hard fork, the data on its network must be compressed. The blockchain market may favor the solutions offered by Optimism, which would increase the ecosystem capitalization for the token.
An Ethereum Layer 2 blockchain is optimism. This indicates that it offers reduced costs and faster transactions while enjoying the security of the superior altcoin.

There are already major projects on the platform, such as the Synthetix derivatives exchange. By using Optimism’s technology, even Uniswap, the leading DeFi decentralized exchange, demonstrates that other industry leaders can follow suit by 2023.

Read more: 7 Trends That Could Reignite Crypto Growth

The Diagram (GRT): two Cryptocurrencies

Application programming interfaces, or APIs, are used more frequently around the world. These translators connect various systems, programs and applications to improve the user experience.
Without having to contact systems directly, APIs allow an end user to query, modify, and store data from a variety of systems using one program, piece of software, or just a simple spreadsheet.

But the main problem is that the APIs have a single point of failure due to centralization. So while using a typical app, it may suddenly stop working due to hacker attack or simply because the developer has decided to stop providing the API for free.

This would be a major problem because a site could even be completely destroyed simply by disabling the API.
The Graph was created to give an answer to this type of problem. The graph allows users to create decentralized APIs known as subgraphs.

The Graph offers decentralized oracles, just as Chainlink helped establish itself as a key player in the DeFi ecosystem.

Read more: 7 Best Crypto Tools to Maximize Profits in 2023