Top 5 Cryptocurrencies with Major Events in April 2023

Cryptocurrencies continue to revolutionize the world of finance, and with each passing year, they are becoming more mainstream. As more people invest in cryptocurrencies, the demand for innovation continues to rise. 

There are already significant events occurring in the crypto realm as 2023 draws closer. We'll look at five distinct cryptocurrencies in this article that you should keep an eye on in April.

Ethereum (ETH)

Ethereum is a blockchain-based decentralized platform that enables smart contracts and decentralized applications (dApps). The most significant event for Ethereum in April is the Shanghai upgrade, also known as the Shapala upgrade.

The upgrade will allow Ethereum stakers, including individuals and larger staking outfits, to freely withdraw their Ethereum, something that hasn't been possible since the Ethereum merge happened. The upgrade is set to occur around 6:30 PM UTC on April 12th, 2023. Currently, only 16% of Ethereum is staked, and this number is thought to rise after the Shanghai upgrade.

EOS (EOS)

EOS is a decentralized blockchain-based platform that aims to provide faster transactions and lower gas fees than Ethereum. While it was once considered the "Ethereum Killer," EOS has fallen short of expectations since its launch. However, the community believes that EOS is about to make a comeback in 2023. 

The EOS community fired Block.one, the company behind EOS, due to their lack of progress in developing the platform. The community has since established a Canadian foundation and started self-organizing. In April, EOS is launching their EVM, which is expected to provide more options for developers and languages they already know.

Binance Coin (BNB)

Binance Coin (BNB) is the original token of the Binance exchange. Binance is the world's largest cryptocurrency exchange, with over 13 million users. Binance has announced that they will be launching Binance Pay,which will allow users to pay for goods and services with their Binance wallet. The launch of Binance Pay is expected to increase the demand for Binance Coin, which could lead to an increase in price.

4•Cardano (ADA)

Cardano (ADA) is a  blockchain  platform that believes to provide a more secure and sustainable infrastructure for decentralized applications. In April, Cardano is expected to launch Alonzo Blue, which will bring smart contracts to the Cardano blockchain. This is a significant development for the platform as it will allow developers to build decentralized applications on the Cardano blockchain.

5•Polkadot (DOT)

Polkadot (DOT) is a  platform that aims to connect different blockchains to create a more seamless ecosystem. In April, Polkadot is launching its parachain auctions, which will allow different projects to connect to the Polkadot ecosystem. This is a significant development for the platform as it will bring new projects to the Polkadot ecosystem, which could increase demand for DOT.

Final Thoughts

The cryptocurrency world is constantly evolving, and it's necessary to keep up with the latest developments. In April 2023, these five cryptocurrencies are set to have major events that could significantly impact their prices and adoption. Keep an eye on Ethereum, EOS, Binance Coin, Cardano, and Polkadot to stay informed and potentially profit from the developments