In a recent post on X, crypto expert Wauwda revealed his top five favorite projects from the top 100 cryptocurrencies. His list includes notable names like [Bittensor (TAO)](https://captainaltcoin.com/why-bittensor-tao-could-become-a-10-billion-market-cap-ai-crypto-coin/) and Kaspa (KAS).
These projects, which range from decentralized [AI](https://captainaltcoin.com/best-ai-crypto-projects/) training to blockchain scalability solutions, are gaining significant attention in the crypto community. Each project offers unique features, with the list also highlighting Render (RNDR), Injective (INJ), and Ondo (ONDO).
Bittensor (TAO): Decentralized AI Training
Ranked 24th among the top 100 crypto projects, Bittensor (TAO) is recognized for providing the fastest decentralized AI training globally, capable of handling models with over 100 billion parameters, according to @wauwda. This innovative approach to AI has caught the attention of key figures such as Ethereum’s Vitalik Buterin, Coinbase’s Director, and Grayscale.
Bittensor’s tokenomics are similar to Bitcoin, with a capped supply of 21 million tokens and halving events every four years. Prominent Bitcoin holder Barry Silbert is also optimistic about the project. The platform currently supports over 48 subnets for running AI models on the blockchain, further expanding its influence in both the AI and crypto spaces.
Kaspa (KAS): Solving the Blockchain Trilemma
Kaspa (KAS), ranked 28th, is making headlines with its fair-launched Proof-of-Work (PoW) BlockDAG, which addresses the blockchain trilemma. Wauwda notes that the project aims for an impressive 100 block transactions per second (BPS).
Kaspa’s research founder is frequently cited by other notable projects, including [Ethereum (ETH)](https://www.fxstreet.com/cryptocurrencies/news/ethereum-fud-returns-as-ico-whale-offloads-another-47m-202410030730), Polkadot (DOT), and Avalanche (AVAX). The project has strong ties to the mining sector, with Marathon Digital Holdings (MARA), the largest Bitcoin mining company, actively mining Kaspa.
BlackRock, the world’s largest asset manager, holds a 12.40% stake in Kaspa, further solidifying the project’s credibility. Kaspa has reached all-time highs in its hashrate, positioning itself as the second-largest mining pool globally, surpassing Dogecoin.
Render (RNDR) and Injective (INJ): Innovation in GPU Rendering and DeFi
Render (RNDR), ranked 29th, has earned the title of “the decentralized Nvidia of crypto” due to its focus on decentralized GPU rendering. With partners like Apple, Disney, and Cinema4D, Render is a key player in the graphics and AI industries.
The project is backed by major advisors, including J.J. Abrams, Brendan Eich, and Ari Emanuel. Render powers Apple’s Vision Pro, which is expected to ship 10 million units by 2026, addressing GPU scarcity through blockchain technology.
[Injective (INJ)](https://captainaltcoin.com/analyst-highlights-next-key-levels-for-injective-inj-as-rally-continues-anticipates-100-price-surge/), ranked 42nd, is notable for powering the first tokenized index for BlackRock’s BUIDL Fund. With backing from Binance, Pantera, and Jump, Injective aims to be one of the most deflationary assets in the crypto market.
The project supports over 200 decentralized applications and has a $150 million ecosystem fund to foster growth.
Ondo (ONDO): Leading the Charge in Tokenized Treasuries
Ranked 68th, Ondo has rapidly gained recognition for its contributions to tokenized treasuries. With backing from BlackRock, Founders Fund, and Pantera Capital, the project has raised $224 million out of its $350 million target for BlackRock’s BUIDL initiative.
Additionally, Ondo has surpassed BlackRock in total value locked (TVL) for tokenized treasuries. The project’s leadership team includes ex-Goldman Sachs professionals, further bolstering its position in the market.