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Solana Trading Volumes Soar to $1 billion, TOADS Ultra High Demand Pushing Prices To Record Levels
Increasing convergence between Neo banks and crypto has improved the payment rails for retail investors. Integrating crypto wallets into these digital banks allows users to more easily on-ramp and off-ramp into crypto, and these capital streams have been pumping the market.
Solana (SOL) trading volumes soar to $1 billion, and whales are going long on this layer one, betting on its resurgence. Alongside this, new DeFi projects continue to lead the markers with ultra-high demand for , pushing prices to record levels. Analysts stated that the improved payment flow between Neo banks and digital assets marks the start of a more significant trend, signaling that more and more capital will move from fiat into crypto.
Presale Eclipses $6.4 Million
The success of this nascent blockchain ICO has not gone unnoticed, and early holders have already seen gains of 400%. Thanks to the dynamic adjusting price leveraged in this presale, early investors have witnessed the price of their $TOADS holdings leaping. The presale is in its final stage, Lilypads 10, where 1 TOADS is priced at $0.05 before the official launch on August 21st, where the launch price will be $0.055.
DigiToads stands out amongst new ICOs not just because of its unique presale mechanism, which includes no vesting period, but the vastness of its ecosystem. The ecosystem known as The Swamp provides investors with multiple earning opportunities underpinned by a powerful flywheel effect.
The Swamp’s flywheel sees each feature generating revenue, which increases the ecosystem’s value, and the protocol’s community-first approach ensures these gains get evenly distributed amongst holders. Toad-Cade, the play-to-earn game, sees players pitting toad NFTs against one another to win part of the seasonal prize pool and funds an airdrop for all holders.
The Platinum Toads initiative puts treasury management in the hands of the community’s most skilled on-chain traders. This aspect particularly appealed to analysts forecasting that this integrated asset management service could propel $TOADS more than 900% in the coming weeks.
The Swamp also includes an education platform, NFT staking, and deflationary tokenomics. All are designed to pass value to holders and allow them to be fairly rewarded for their efforts in growing the ecosystem.
Solana (SOL) Trading Volume Soars
Solana (SOL) has witnessed a spike in trading volume, and on-chain data indicates that whales have been purchasing $SOL en masse. Solana’s (SOL) developmental approach has always been to prioritize speed, and its unique hybrid consensus mechanism pairing Proof of Stake (PoS) with Proof of History (PoH) makes it one of the fastest layer ones on the market.
Now that blockchains see increased application as payment layers and for transactions, Solana (SOL) has become one of the best altcoins to back. Its enormous throughput had no genuine application last cycle, but that has changed. Whales have stepped in to scoop $SOL at an excellent price following major FUD events. Analysts forecast Solana (SOL) to target a high of $49.42 in 2024, making it one of the altcoins to watch this cycle.
Closing Thoughts: Investors Want Crypto Exposure
Investors want crypto exposure, and the bolstered unity between Neo banks and digital assets has allowed these investors to access tokens easily. A new era of finance arrives, and early adopters will witness their holdings rise, with the inevitable flight from dollars when the FED begins printing again.
DigiToads provides a particularly sophisticated example of the new generation of projects which allow investors to earn passive income and gain broad market exposure, all packaged in a deflationary token. A front runner for the year’s top performer with the presale presenting an incredible opportunity. Participate today!
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
