Bitcoin remains prominent in the cryptocurrency market, but altcoins are emerging with innovative solutions for transaction speed and energy efficiency. Altcoins like Ethereum, Solana, and Cardano are revolutionizing DeFi and real-world asset tokenization, attracting institutional interest and mainstream adoption. Investors should consider balancing their portfolios with both established and emerging altcoins for long-term potential.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.