Cardano (ADA) and Solana (SOL) Are Out of Steam While Orbeon Protocol (ORBN) Sees Gains
- Cardano and Solana have experienced difficulties that have impacted their prices
- Orbeon Protocol is a new crypto project that is already starting to shake up the traditional principles
Both Cardano and Solana have experienced some difficulties that have impacted their prices for different reasons. Investors looking for the highest investment returns might become more skeptical of both crypto projects. It could explain the reason why so many investors have been switching over to the Orbeon Protocol presale, which has just entered its third stage following a 655% price increase.
Are Cardano (ADA) and Solana (SOL) Running Out of Steam?
Cardano was founded in 2015 by Charles Hoskinson, one of the co-founders of Ethereum, who aimed to make Cardano more sustainable, scalable, and interoperable among other current leading networks in the market.
In contrast to other leading cryptocurrencies like Bitcoin and Ethereum, Cardano uses a Proof-of-Stake (PoS) consensus mechanism, which significantly lowers energy expenditure when building new blocks. This combines well with the functionality of Cardano’s smart contracts, meaning that the Cardano network can offer a strong and viable alternative for decentralized application (dApp) developers. As well as this, Cardano sponsors a research-first ethos that has garnered strong support from most investors.
Solana is another popular cryptocurrency in the market, incorporating a variety of services and non-fungible tokens (NFTs). Solana network is notable among other crypto projects for its energy efficiency, lower network fees, and fast transactions across multiple blockchains.
FTX and Alameda Research have strongly marketed the Solana project and its ecosystem for years. However, Solana has been negatively impacted due to the recent collapse of FTX and Alameda Research, and both companies were influential in Solana’s growth.
According to the balance sheet, the bankrupt exchange held over $982 million in SOL. Therefore, it was the fundamental cause of the abrupt price collapse of Solanas native token, SOL.
Orbeon Protocol (ORBN) Retains Popularity Amid Crashing Crypto Prices
Orbeon Protocol is a new crypto project that is already starting to shake up the traditional principles of the crowdfunding and venture capital industries. Orbeon Protocol is a revolutionary decentralized investment platform that provides an efficient way for investment in startups and small businesses.
The platform allows startups and small businesses to fundraise by minting and issuing their own equity-backed non-fungible tokens NFTs. Then, these NFTs are fractionalized for purchase by investors. It allows businesses to gain capital and grow quicker, and everyday investors can participate in funding, from as little as $1.
The platform eliminates the difficulties associated with traditional venture capital investment procedures and aims to help small businesses and startups to achieve their funding goals through all types of investors. In addition to this, it helps to build a dedicated community during the process.
The ORBN utility token can offer many benefits to its holders, including voting rights on governance, access to exclusive private investment groups, staking, transaction fee discounts, and cashback. Hence, its no surprise that crypto experts have forecasted ORBN to see a price surge from its initial price of $0.004 to $0.24 in the following weeks.
Conclusion
While Cardano (ADA) and Solana (SOL) have different philosophies, both crypto projects lag behind by showing some signs of slowed adoption. Orbeon Protocol can offer an incredible opportunity for investment, and there is no wonder that savvy investors keep picking Orbeon Protocol. The project has a huge potential; in fact, the ORBN token has already surged in value by 655% throughout the presale.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
