There Are 3 Cryptocurrencies that Will See Massive Growth as Web3 Continues to Develop

Investing well requires a number of different skills, one of the most crucial of which is maintaining a current awareness of trends. One strategy for creating a portfolio that outperforms the market is to develop the ability to quickly identify trends that will, in the long run, become the norm.

Imagine you made an investment in some of the most well-known technology companies ten years ago. Companies such as Meta Platforms (META -3.92%), Amazon (AMZN -1.28%), Apple (AAPL -1.02%), Microsoft (MSFT -1.68%), and a great number of others are deeply ingrained in our day-to-day activities in this day and age. A decade ago, an investor who was up to date on current developments may have anticipated this and capitalized on the chances it presented. The value of the technology-focused Nasdaq Stock Market rose by around 250% over the course of the past decade.

Now, hindsight is always 20/20, but there is one pattern that is occurring today that gives an opportunity that is comparable to one that existed ten years ago.

The new age of the internet

It would appear that our reliance on the internet grows with each passing year. Some businesses were able to capitalize on this opportunity, and they now play an essential part in our day-to-day activities. These firms not only provide technology but also monitor your every move when you’re online and create an insane profit from the centralized business methods they use. However, it appears that this all be coming to an end thanks to new technology that has the ability to disrupt the status quo that now exists on the internet.

This future era of the internet, which is referred to as Web3, intends to be everything that our existing internet, which is referred to as Web2, is not. Things like social media, banking, gaming, and the metaverse have the potential to represent a break from the centralization that exists today in Web3. With Web3, decentralized blockchains would serve as the backbone for an internet that is open source, provides secure interoperability across apps, and is completely trustless. This indicates that no third party, such as Google, would be required for the system to function properly.

A recent analysis on the present status of Web3 by Vantage Market Research placed a value of slightly under $3 billion on the industry as a whole. However, the same analysis suggests that it has the potential to increase to almost $23 billion by the year 2028. That is a rise of more than 700% in just one year. The question now is: how can investors make the most of this opportunity?

Having exposure to the next generation of the internet may be accomplished in a number of straightforward ways, one of which is by investing in cryptocurrencies that are native to the third generation of the internet (Web3). In light of recent events, I have come to the conclusion that Ethereum (ETH 0.81%), Polygon (MATIC -0.92%), and Arweave (AR 1.50%) are the three cryptocurrencies that are best suited to the challenge of providing support for Web3’s continued expansion.


Ethereum is steadily being used as Web3’s backbone. To put it bluntly, Ethereum is essential to the success of Web3. Its smart contracts enable programmers to create decentralized applications (dApps) that function as substitutes for third parties, facilitate the free flow of user data between dApps without the need for data collection, and (best of all) are both highly secure and execute automatically when certain conditions are met.

Ethereum is one of the most popular blockchains, but it is not the only one that can execute smart contracts; other blockchains include Solana (SOL -1.19%) and Cardano (ADA -1.60%). As a result of its widespread acceptance, it has become the primary incubator for new applications of Web3. Ethereum could be thought of as the “base layer” or “code” that makes Web3 possible, similar to how JavaScript or HTML underpins Web2. If you’re a serious investor and you want to get into Web3, you need to have a lot of Ether.


As the third generation of the internet develops, this network is preparing to become a major player. Polygon stands apart because it eliminates Ethereum’s drawbacks (such as sluggish transaction speeds and hefty fees) without compromising Ethereum’s prized security and decentralization. Polygon achieves this by temporarily removing transactions from Ethereum’s blockchain and adding them back in at a later time. Polygon’s technology enables instantaneous transactions for a fraction of a penny.

Perhaps the clearest summation of what is required for Web3 was made by Mihailo Bjelic, co-founder of Polygon. One must have “scalability, security, and Ethereum compatibility” in a blockchain for it to be considered the “holy grail of Web3 infrastructure.” Web3 needs to stay quick and inexpensive if it’s going to serve the world’s billions of internet users. That’s now feasible thanks to Polygon.


Arweave is the final word. There needs to be a place for all this information to live in our data-filled world. The blockchain technology utilized by Arweave’s data storage solution makes it easy to keep data safe indefinitely. The finest thing about Arweave is that once data has been recorded on the blockchain, it cannot be altered by anyone. Arweave also works with smart contracts, allowing developers using the Web3 platform to create dApps that make advantage of the blockchain data. Further, in accordance with Web3 principles, the data is anonymous, so it cannot be exploited to make profits, and it is safe on a blockchain, so it cannot be manipulated.

First, we need to learn how Arweave operates so that we can assess whether or not it is in the best interests of investors to use it. Just to keep things simple, users will need to pay for storage space on the Arweave blockchain with AR coins. In the same way that an ordinary individual might wish to back up a special photo, another blockchain might want to archive its transaction history in order to make more room for new data. Demand for the AR coin is expected to increase as Arweave’s blockchain expands to accommodate greater data storage for Web3.

Visualize yourself donning a pair of glasses or VR headset and being transported to a metaverse where your favorite games and apps are waiting for you, just as on your phone’s home screen. No large technology corporation is required for the apps and games to work together to provide a personalized experience for you. Everything from your financial records to your personal images can be safely and anonymously kept in a blockchain.

There is a lot to gain today because investors don’t know what Web3 will look like in its final form. Investors might benefit from a trend that has the potential to become the norm as the internet continues to develop.

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of EGG Finance. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.