The crypto market has stabilized in recent weeks after a brutal start to 2022. Sector giant Bitcoin (CRYPTO: BTC) has recorded a 37% rebound from the two-year lows of June and smart contracts leader Ethereum (CRYPTO: ETH) more than doubled from its recent lows. However, both Ethereum and Bitcoin still trade far below their all-time highs. Crypto investors with a long-term view of the market may want to double down on the two largest digital assets. Furthermore, a much smaller project with tremendous growth prospects looks even more enticing right now.
Let's see why these crypto names look like fantastic investments today.
The most obvious game-changer on the table is Ethereum's long-awaited software upgrade, formerly known as Ethereum 2.0 but now more often called "The Merge." Ethereum developers have been working on an alternative blockchain network, swapping out the ultra-secure Proof-of-Work (PoW) technology for a faster and less power-hungry Proof-of-Stake (PoS) platform. This event will combine the Ethereum network's original blockchain with the so-called Beacon Chain, which validates transactions with a PoS system.
Source Fool.com