Top 10 Crypto Coins To Watch in 2023

After a bearish year in the crypto space, investors and analysts alike are optimistic about a bullish 2023.
These top ten crypto projects have weathered the bear market and used the time to build and are destined to come out stronger.

Since the market peaked in early 2022, a majority of crypto coins have shed between 50% to 90% from their all-time high. But through the rough terrains, some projects have kept their eye on the ball. Although the bull run is not guaranteed to come in 2023, these projects can count on a price rally when the inevitable bullish season.

Polygon

Since its launch, Polygon has been one of the most promising projects in the crypto space. The network acts as a layer 2 scaling solution for Ethereum. In the last couple of months, Polygon has undergone an incredible transformation both from a technological point as well as increased adoption and strategic partnerships. In just the last few days, the network has confirmed a deal with Mastercard which will see the fintech giant launch its web3-focused incubator to help artists on Polygon. At the same time, the network has been working with Samsung to bring the highest quality of videos and images to web 3 users.

Starting the year with a bang 💥
@thesavageapp + @Samsung are bringing you the highest quality photos & videos in Web3, and it's happening #onPolygon 🔥 https://t.co/3Q5dcPzuFx

— Polygon | Aggregated (@0xPolygon) January 4, 2023

Over the last few months, Polygon has also partnered with Reddit to bring NFTs into the social media platform. With this launch, Polygon has gained mainstream adoption only struggling due to the wider NFT adoption dip.

🎫 Reddit Vault: your pass to Web3 #onPolygon 🚀

Learn how to store and manage digital collectibles and community points across @Reddit, by creating a Vault digital wallet.

Get started with Vault 👇🏾https://t.co/Z0JcYZo9ST pic.twitter.com/WhtoIofxhT

— Polygon | Aggregated (@0xPolygon) January 9, 2023

Another major win was with Instagram which also chose to use Polygon to support NFT creators on the social media platform. Other significant partnerships include Adidas, Starbucks, Meta, Adobe, Stripe, The Walt Disney Company, National Football League, and Liverpool.

IOTA

IOTA has reached major milestones throughout 2022. This was highlighted by the launch of the Shimmer network. This is highly regarded as the staging network for IOTA. According to the team behind IOTA, the Shimmer network will accelerate the onboarding of developers and make it easier to launch projects on the IOTA network.

Additionally, Shimmer is a step forward toward the full launch of IOTA 2.0. This will bring an overhaul of the entire protocol and will see it compete with its peers at a higher level.

In addition, the project has been involved with some key institutional partnerships more specifically with the EU and the German government. One of these is EU Blockchain Pre-Commercial Procurement in which IOTA was selected for phase 2.

Its token rice hasn’t necessarily reflected what is going on behind the scenes, but investors are optimistic about a price rally.

Chainlink

Chainlink has been making big waves in the crypto space. This has largely followed a string of key technical developments as well as big partnerships with traditional companies looking to blockchain for technological transformation.