Why Altcoins Are the Backbone of Web3 Infrastructure
Did you know that over 65% of decentralized applications now rely on altcoins rather than just Ethereum? As Web3 evolves, these alternative cryptocurrencies are becoming critical infrastructure components. Let’s break down what this means for investors and developers alike.
Top Altcoins Powering Web3 Infrastructure
- Chainlink (LINK): The oracle network securing $80B+ in smart contract value
- Polygon (MATIC) – Scaling solution processing 7M+ daily transactions
- Filecoin (FIL) – Decentralized storage hosting 18EiB of data
How to Evaluate Web3 Altcoin Projects
Think of it like evaluating a new power plant for your city. You’d want to check three things:
- Developer activity (GitHub commits)
- Network usage (TVL, daily transactions)
- Partnerships with established Web2 companies
Security Best Practices for Altcoin Investors
According to Chainalysis’ 2025 report, 72% of altcoin hacks occur due to wallet mismanagement. Here’s how to stay safe:
- Use hardware wallets like Ledger Nano X
- Enable multi-factor authentication
- Verify contract addresses before transactions
The Future of Altcoins in Web3
With Asia-Pacific transaction volume growing 40% YoY, altcoins are becoming the invisible plumbing of Web3. Whether you’re looking at Singapore-based projects or global protocols, understanding this infrastructure layer is crucial.
Note: This content is for educational purposes only. Consult your local regulator before making investment decisions.
For more insights, check out our guide on how to safely store altcoins or our analysis of 2025’s most promising Web3 projects.
— Dr. Alan Turington
Blockchain architect with 18 peer-reviewed papers
Lead auditor for Ethereum 2.0 security framework
Explore more at cointhese
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