The crash of Bitcoin during May 2021 left the master cryptocurrency losing nearly 40% of its value.  BTC price has been under pressure ever since.  This trend influenced the Ether price, which has been trying hard to sustain the 2000+ price range.

At the time of writing, the price of Bitcoin has been trending at 34,253, and the price of Ethereum has been trending at $2,154.

While the prices of the two major tokens are trending now, some Altcoins are hailed to be sleeping giants with a lot of potential. But, unfortunately, the cost of the sleeping giants was trending sideways.

What is unique about these sleeping giants, and what is the reason for the mounting expectation?

Theta Network (THETA) launched mainnet 3.0. The content delivery network is looking to provide higher-quality streaming experiences by decentralizing the process.

UniSwap V3 is hailed for being the top Defi exchange for tapping into the potential of 40% of the DeFi Exchange Market.

Cardano (ADA) team, with their GitHub developments, is reportedly the most active development team.

Sandbox (SAND) is hailed to be a worthy competitor to Decentraland (MANA).

Metaverse partnered up with TV Franchise the Walking Dead and other famous brands.

Bitcoin and Ethereum have attracted the interest of the first senator on record. Ethereum has gained 5 million unique addresses to its network over the past 30 days.

Avalanche (AVAX) is gaining lot of attention for its yield farming platform. Yield Farming, popularly known as liquidity mining, is a method to generate rewards by using cryptocurrency holdings. The idea is to move the holdings between different lending marketplaces to maximize their returns. Unfortunately, the more the yield farming strategies are known, the less effective they might become.

Binance Coin (BNB) has caught the attention of NBA legend Allen Iverson who will be working with Binance to produce his own NFTs.

Allen Iverson expressed:  Partnering with TOKAU.io and TheBinance NFT to drop a collection of NFTs this summer.

Allen Iverson is a former American basketball player. He has played 14 seasons in the National Basketball Association at the shooting guard and point guard positions.

Worth looking into is the Digital Currency Group, which states that the “Banks Can’t Ignore Bitcoin Anymore.” They are the team that passionately believes that blockchain technology will drive global, economic, and social change. They have dedicated themselves to deploy their resources to build the Bitcoin and blockchain ecosystem over the long term.

Regulator crackdowns and China mining ban will not do significant harm to the blockchain and cryptocurrency sector.  There are increasing numbers of people who want cryptocurrency when compared to those who do not want it.  This is a new era and it just looks like old valuations will not work.