Ethereum (ETH)

The second-largest cryptocurrency is still in demand and its upward trend remains intact. Most crypto enthusiasts consider this digital asset very promising. In August 2021, Ethereum went through a major software upgrade. This reflects growing interest in ETH among investors and its success, experts believe.

Cardano (ADA)

Cardano is ranked third in the list of the most promising cryptocurrencies as of August 2021. Most analysts expect the digital asset to advance considerably in the near future. The launch of the Alonzo hard fork scheduled for September 12 could be a catalyst for Cardano’s explosive growth. The Alonzo upgrade will enable the blockchain's users to run smart contracts and create decentralized applications (DeFi). Besides, experts note that transaction fees on the Cardano network are much lower than on the ETH one.

Tezos (XTZ)

Tezos, a multifunctional decentralized blockchain platform that supports smart contracts, is also among potential leaders of this autumn. This blockchain network is designed to create tokens and decentralized applications. The fact that from 23 to 27 August, large blockchain companies signed an agreement with the management of the Tezos platform, could push the asset's price higher. The aim of this cooperation is to develop regulated tokenized products for institutional investors.

VeChain (VET)

VeChain, a major blockchain platform designed to enhance supply chain management and business processes, is expected to be another highly-profitable crypto asset. Crypto enthusiasts consider it the most suitable for working with information and technology products. Investors use VET to find business partners. Furthermore, the crypto project cooperates with companies of the traditional financial sector. Its management has allocated $1 million to develop its own blockchain platform. It is designed to work with enterprise non-fungible tokens (eNFT).

Cosmos (ATOM)

Cosmos (ATOM) closes the top five profitable altcoins. It is a decentralized network of independent parallel blockchains based on Byzantine Fault-Tolerance (BFT) algorithms. The components of this platform communicate with each other through the Cosmos blockchain network. According to analysts, the ATOM project receives sufficient funding thanks to the interBTC DeFi platform. The Cosmos blockchain network is reasonably popular among investors, experts emphasize.