Is react a good JavaScript library for a cryptocurrency tracking application?

In considering the development of a cryptocurrency tracking application, one might wonder: "Is React truly a suitable JavaScript library for such a complex and dynamic endeavor?" React, renowned for its component-based architecture and efficient UI updates, seems promising for a real-time crypto tracker. However, given the volatility of cryptocurrency markets and the need for near-instantaneous data updates, one might question if React's rendering performance and ability to handle high-frequency data streams are sufficient. Furthermore, the integration of APIs and secure data handling mechanisms must also be taken into account. So, while React offers a robust foundation, a deeper analysis of its suitability for this specific use case is warranted.