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As a relatively new industry, the crypto space has a massive variety of blockchain networks, tokens and other projects, each of these in varying stages of development and varying in recognition from the community. The performance of these coins on the market is tied to the sentiment surrounding them, and their technological advantages and disadvantages. In that light, can the relative success of Solana (SOL) and Stellar (XLM) be matched by Orbeon Protocol (ORBN) as it sells out its first stage of presale?
Solana has proved popular with the market and for good reason: it is widely regarded as maybe the fastest blockchain available, capable of processing around 2,700 transactions per second. By comparison, Bitcoin transactions generally take between 10-20 minutes each. In fact, it is the slow transaction speed which is preventing Bitcoin from becoming a true rival to fiat currencies. As such, because Solana is able to provide solutions to long-standing issues with pre-existing cryptocurrencies, Solana is considered a favourite by many to have a bullish future. However recent hacks and outages on the Solana blockchain have damaged this sentiment among its investors.
Some experts believe that Solana could, in time, match the transaction speed of VISA (24,000 per second) and that is an exciting prospect. It's not there yet but Solana remains a well-regarded token.
Stellar is another open-source and decentralized payments network which facilitates very quick and very low-cost transactions. Its native coin is known as Lumen. It was launched in 2014 and has become a very popular cryptocurrency, establishing solid relationships with several major companies.
Despite that, the Lumen price has been struggling and recently hit a new low of $0.1076. It appears that the market is concerned that Stellar is relying too heavily on its prodigious speed without having too much else to commend it.
Orbeon Protocol is a decentralized, multi-blockchain investment platform which will bridge the chasm that has long existed between crypto investors and the most exciting, promising blockchain and business projects. The structure of Orbeon protocol affords opportunities for the everyday investor to buy into the next generation of startup companies in the web3 space – something that only venture capitalists have historically been able to do.
This is accomplished by minting these business opportunities as fractionalised NFTs, allowing investors to purchase these NFTs for as low as $1. Not only does this democratise the venture capital industry, but also allows startups to raise capital quickly in the web3 space.
Holders of the Orbeon Protocol's native token, ORBN, are entitled to other benefits such as the chance to earn passive income with staking, the right to vote on key decisions and upcoming projects, discounts on trading fees, priority access to forthcoming funding rounds and access to exclusive access to select investor groups.
ORBN is now available in a presale stage during which it is expected that 40% of the total coin supply will be sold. Industry experts predict that the current price of $0.004 will rise by as much as 6000% by the time the presale ends.
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.
