Crypto mainstream adoption: Is it here already? Experts Answer, Part 1

Sameep is the founder of QuickSwap, a decentralized exchange on Polygon that allows users to swap, earn, stack yields, lend, borrow and leverage all on one decentralized, community-driven platform.  

“Just compare the overall market caps from the beginning of 2021 until today to illustrate how much crypto has grown this year. According to CoinMarketCap, on Jan. 1, crypto’s market cap was about $773 billion. Now it’s over $2.3 trillion. Despite the dollar’s rapid inflation, to me, annual growth of more than $1.5 trillion definitely suggests that mass adoption has begun, but there’s still a lot of room for crypto to continue to grow.

To enable that growth, more people need to learn about the alternatives to expensive layer-one chains, where gas fees can sometimes cost more than a transaction itself. That’s why I’ve always been a big supporter of Polygon, and it’s why I helped found QuickSwap. At Polygon, we aren’t competing with Ethereum or attempting to replace it, we’re helping Ethereum by providing a layer two where people can conduct transactions for far less than they cost on layer one. This service enables smaller investors to participate in DeFi with near-zero gas fees, while larger whales can continue to operate on layer one.”


Cryptovixens Source

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest


Your email address will not be published.

Get 20% Discount

Sign up to receive updates, promotions, and sneak peaks of upcoming products. Plus 20% off your next order.

Promotion nulla vitae elit libero a pharetra augue

Nullam quis risus eget urna mollis ornare vel eu leo. Aenean lacinia bibendum nulla sed