2 cryptocurrencies to buy in March

2 cryptocurrencies to buy in March - what investing e1595962588896Cryptocurrencies got off to a rough start in 2022, with the market down 18% to $ 1,8 trillion at the time of writing. But industry fundamentals still look good - especially with soaring inflation and geopolitical uncertainty giving investors an incentive to diversify traditional currencies. 

Fantom and Solana (here the quotations in real time) could be great ways to bet on a crypto rebound in March and beyond. 

Fantom 

Founded in 2019, Fantom is a blockchain platform designed to host decentralized applications (dApps) (these are programs that use self-executing smart contracts to provide services on the network). Fantom's affordable valuation and impressive technical specifications could predispose for long-term growth.

According to its developers, Fantom is the "fastest public blockchain in crypto" on a metric called time-to-finality. Time-to-finality measures the time from sending the transaction to confirming. And Fantom's developers believe this is a more useful metric of transactions per second because it better accounts for how long transactions take to complete, not how many can be executed at the same time. 

That said, Fantom hasn't provided speed comparisons between its platform and rivals in terms of time-to-finality. So investors will have to wait for more information before measuring it against other blockchains. 

But with a market cap of just $ 4,2 billion, Fantom is significantly smaller than big rivals like Solana and Ethereum (worth $ 29 billion and $ 318 billion respectively). So its affordable valuation makes it an excellent option for investors who missed out on the most popular platforms when they were cheap. 

Solarium 

With a market cap of $ 29 billion, Solana is an excellent cryptocurrency for investors looking to bet on a larger and more established dApp platform. Solana's blockchain boasts industry-leading technical capabilities, and its active development team is working to solve recent challenges with reliability. 

With a transaction capacity of 50.000 per second, Solana's speed outperforms major blockchains such as Ethereum, which can only handle 15 per second or less. This blazing speed is attracting dApp developers who need a highly scalable platform for their projects. Recently, basketball legend Michael Jordan launched HEIR - a non-fungible-token platform (NFT) on Solana. NFTs are digital evidence of ownership stored on the blockchain, and HEIR will include collectibles inspired by Jordan's basketball career.

This project is a compelling proof of concept for Solana's blockchain and a potential sign of its growing mainstream acceptance.

That said, Solana is also dealing with her share of growing pains. For example, the platform faced a series of outages in January due to duplicate transactions. But its developers are working on improvements that should help put these challenges to rest. 

The need for speed

The speed of Blockchain is becoming more important as the technology is adapted to increasingly complex use cases. But while Solana and Fantom both boast impressive technical capabilities, they suit different investment strategies. Solana is best for those who want to focus on a larger and more established platform. But Fantom is a better way to enter the ground floor than a long-term growth opportunity.