Avalanche (AVAX) and Solana (SOL) are expected to be two of the best performing cryptocurrencies in March. Although market trends have caused both projects to decline just three days into the month, Avalanche (AVAX) is expected to bounce back, while new Solana (SOL) updates have rocked its price predictions. At the same time, Orbeon Protocol (ORBN) is expected to surge, with its latest presale being its best selling yet with stage 9 reaching a $0.0835.
Avalanche (AVAX) Continues To Scale Under The Radar
Avalanche (AVAX) is a DeFi development tool that lets developers build decentralized applications. dApps built on Avalanche (AVAX) are designed to be scalable, with fast transaction speeds, low costs and industry-leading security.
While most headlines focus on Solana (SOL) and Ethereum (ETH), Avalanche (AVAX) remains the third largest blockchain in the world, with a valuation of $5.2 billion. Avalanche (AVAX) was also one of the best-performing projects of January, increasing from $10.89 to $19.88. The February performance of Avalanche (AVAX) has been less impressive, decreasing around 14% to $16.45, but Avalanche (AVAX) holders hope for better gains in March.
Solana (SOL) Glitch Impacts Price Predictions
Solana (SOL) is one of the most efficient blockchain solutions in the world, being able to process an estimated 5000 transactions per second with fast speeds at low costs. Solana (SOL) is one of the newest blockchains in the market, having only caught on in 2021 after its value increased from $1 to $259.
Since its price increase, Solana (SOL) has diversified into several niches including NFTs, where Solana (SOL) is slowly becoming a big player.
Although predicted to surge in March, a recent fork in the Solana (SOL) blockchain has caused Solana (SOL) to lose 7.51% of its value in the past five days. The work caused validators’ RAM to rise exponentially, crashing transaction throughput. According to the official stats for Solana (SOL), it’s estimated that transaction rates per second decreased from 5000 to just 93.
This has somewhat damaged the reputation of Solana (SOL), with some analysts predicting lower price increases than first expected.
Orbeon Protocol (ORBN) Shoots For The Moon
While the general crypto struggles, Orbeon Protocol (ORBN) has started stage nine of its presale with a big win, increasing in price from $0.0766 to $0.0835. This price increase has created additional hype around Orbeon Protocol (ORBN), with stage nine being its fastest-selling yet.
Showcasing a one of a kind DeFi launchpad, Orbeon Protocol (ORBN) looks to revolutionize the crowdfunding market. Using the Orbeon Protocol (ORBN) launchpad, startups can raise funds selling fractionalized, equity-backed NFTs. These NFTs function like traditional stocks, allowing everyday investors to hold equity in startups for the first time.
As startups are considered risky, Orbeon Protocol (ORBN) has created a number of rug prevention features to limit the amount of risk investors take on. With stage nine on track to sell out within the next week, investors are buying Orbeon Protocol (ORBN) at record rates, looking to optimize their portfolios and capitalize on the many benefits Orbeon Protocol (ORBN) token holders earn throughout the ecosystem.
Find Out More About The Orbeon Protocol Presale
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