The cryptocurrency market is down across the board, and this could be an opportunity providing long term holders with suitable entry points. This month’s coins may prove to be the stronger performers over the final quarter of the year and all have a number of significant developments on their roadmaps.

Stellar (XLM)

Stellar Lumens is a crypto platform that’s designed to enable the fast and secure transfer of money at a low cost. It is aimed at both individuals and enterprises and also facilitates cross border transactions and low cost remittance payments. As one of the older and more respected currencies in operation, XLM has been one of the more resilient currencies on the market and has a number of significant developments in the pipeline.

The team have recently announced plans to airdrop around $125m worth of XLM to anyone signed up to the Blockchain Wallet, and users can expect around $25 worth of XLM each. Stellar is also moving ahead with its partnership with IBM to launch the World Wire payment network and looks set to be one of the next cryptocurrencies added to Coinbase. As a result, XLM has retained a consistent value despite the market’s recent volatility.

Binance Coin (BNB)

Binance Coin (BNB) is a token used by the Binance exchange, and the coin enables customers to enjoy reduced fees when trading via BNB. In addition, BNB can be used to pay for exchange and withdrawal fees. For the first year of Binance’s existence, there was a 50% discount rate on trading fees, which dropped to 25% in the second year, and will halve again in each of the subsequent two years.

BNB is also one of the market’s more resilient coins and the exchange continues to diversify its operations. Binance has recently established a joint venture with the Liechtenstein-based exchange LCX, which is an operation that targets institutional investors in addition to Binance Uganda which has just announced its intention to open trading in BNB/UGX fiat pairs.

Binance has also published a new tiered trading fee discount program which aims to reward both high volume traders and users with significant BNB holdings.

Switcheo (SWH)

Switcheo is a non-custodial exchange that facilitates the peer-to-peer transfers of digital assets and enables trustless transfers across multiple blockchains. Switcheo was also the first non-custodian exchange based on the NEO network and launched with plans to allow trading of tokens based on the Ethereum and Qtum networks.

In addition to recently releasing a new website, the team have also announced their Callisto upgrade which enables the platform to incorporate ERC-20 tokens. Therefore, Switcheo is the only DEX which allows for the trading of both NEP-5 and ERC-20 tokens.

Q4 should also see ETH to SWH atomic swaps, the inclusion of Qtum trading pairs, fiat transfers, and deeper integration with NEP-5 tokens. Due to its unique advantages, SWH has a good shot at increasing in usage and value over the remainder of the year.

AirSwap (AST)

AirSwap is a decentralized, peer-to-peer token trading network built on the Ethereum blockchain that facilitates the low fee buying and selling of tokens. Similar to Kyber Network, the team's mission is to empower humans with global, frictionless trade.

The team have been hard at work and after releasing their Product Mainnet in October; AirSwap now incorporates capabilities for traders, teams, and OTC desks to create their own trading environments. The team have recently announced that QCP Capital is the first OTC trading desk to go live on AirSwap, in addition to completing the first P2P compliant transfer of a VC token in tandem with Securitize. The platform now includes tokenization, peer-to-peer protocols, and digital bulletin boards and looks set to also facilitate the trade of private securities.

Unibright (UBT)

Unibright is a new unified framework for blockchain based business integration and the project aims to facilitate the integration of blockchain technology into a variety of existing businesses. The Unibright Visual Workflow Designer allows anyone to craft blockchain-based solutions without needing coding skills or to hire specific developers.

The Unibright team are experienced practitioners and can boast clients such as Samsung, Unilever, Shell, and Lufthansa. They have also partnered with blockchain platforms NEM and Tolar and the team have recently produced a demo of their framework which allows anyone to create simple blockchain based workflows.

With the team set to announce further templates and blockchain partners, as well as pilot customers before the end of the year. The project can expect to grow in stature as awareness begins to grow.