The top 10 environmentally and most sustainable cryptocurrencies to invest in the year 2023

In recent months, there has been a lot of focus on Bitcoin's shocking environmental impact, and while efforts are being made to reduce the cryptocurrency's carbon footprint, some investors are abandoning the cryptocurrency in favor of greener options. What are the most sustainable cryptocurrencies among the over 4,500 tokens and mineable coins on the list? Let us see them. In this article, we have explained the top 10 environmentally friendly and most sustainable cryptocurrencies to invest in for the year 2023. Continue reading to learn more about the top 10 cryptocurrencies to invest in in 2023.

1. C+Charge

C+Charge is the most cryptocurrency for 2023 because it offers carbon credit rewards to encourage drivers to switch to electric vehicles. While EV sales have increased in recent years, the vast majority of vehicles on the road continue to run on fossil fuels, with many drivers put off by the difficulties of charging EVs.

C+Charge will try to address these issues by not only incentivizing EV ownership but also by providing information on charging stations, such as wait times and pricing. Carbon credits are permits that allow holder to offset their carbon footprint and provide rewards, with one credit equaling one tonne of CO2 emissions.

 2. Powerledger

POWR is an Ethereum token that was created in 2016/17 to power the Powerledger platform. It made its Coinbase debut in November 2021, with the token's price rapidly rising even as most cryptocurrencies fell in a market-wide crash.

POWR is required to join the Powerledger network, which helps secure its various products such as energy trading, clean energy tracking, and verification.

 3. Cardano

Cardano was created by Charles Hoskinson, the co-founder of Ethereum, and was tested by academics and scientists as the world's first peer-reviewed blockchain. It is primarily used as a digital currency, but it can also be used for digital contracts, DApps, and other applications. Cardano can perform 1000 transactions per second, compared to Bitcoin's 7 transactions per second.

 4. Nano

Nano is completely free, fast, and consumes far less energy than Bitcoin and many other cryptocurrencies. It has been around since the end of 2015 and still has a low carbon footprint. Because it does not rely on mining, it is also scalable and lightweight.

 5. Stellar

The Stellar network (which spun off from Ripple) was launched in 2014. Its goal is to bridge the gap between traditional financial institutions and digital currencies. Stellar does not charge institutions or individuals to use its network, and it is increasingly regarded as a viable alternative to PayPal because it enables faster, easier, and more cost-effective cross-asset and cross-border transactions.

 6. IOTA

As a cryptocurrency, IOTA's price has not been as volatile as that of many other tokens. While this is good news for those looking for more market stability and financial stability, it has been disappointing for the investors who are looking for the same pay-off as with the early investments in Ethereum, Bitcoin, or other altcoins.

7. EOSIO

EOSIO is a popular public blockchain among developers because it is easy to set up and write applications in a variety of programming languages, it is highly scalable, and it is free. EOSIO is yet another 'Proof of Stake' platform that uses pre-mined EOS tokens that can be traded on traditional cryptocurrency exchanges like Coinbase, Binance, and Kraken.

 8. Holochain

Holo had a banner year in 2021. The crypto token price has nearly tripled that of the 2018 ICO price (in USD terms, as of December 2021), and the company has begun testing its Elemental Chat platform, with a public release expected soon.

Holo released a "Sharding Ready" version of Holochain in September 2021, followed by two additional releases to improve usability by community developers and the Holo team.

 9. DEVVIO

DEVVIO's initial community offering was supposed to take place in June 2021, but it has yet to take place as of December 2021. Details are scarce, so while this has the potential to be a good 'green' cryptocurrency, I'm growing concerned that it will fail, especially given that the team doesn't appear to have many actual developers on staff.

 10. Chia

Chia is a cryptocurrency that can be mined using Amazon Web Services' cloud computing platform. Setting this up takes only a few minutes, and chia 'farming' is much simpler than mining many other currencies.