Binance Coin is expanding its use case beyond being a utility and gas token, while Tron is conquering the stablecoin market. Polygon has been called the most innovative and fastest-growing ecosystem.
Following its final 12th stage of its presale, Orbeon Protocol (ORBN) has been listed on exchanges and is worth $0.1296. Analysts predict ORBN to increase immensely as the presale wraps up. Read below to see how these assets can benefit your portfolio.
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Binance's ecosystem continues to grow, launching several new products and services this year alone, and as a result, the demand for BNB is increasing. BNB has a limited supply of 200 million tokens, which are gradually reduced through periodic coin burns. As supply decreases, the demand for BNB is set to increase over time. More than 180 million BNB have been burned so far.
Binance Coin is considered among the most prominent cryptocurrencies and was launched in the market through an ICO. BNB can be traded against more than 300 pairs across 120 different cryptocurrency exchanges.
The high security, possible swift transactions, seamless customer support, and availability in a wide range of crypto wallets make BNB a successful cryptocurrency. BNB continues to prove its viability as it continues to gain popularity.
Binance Coin (BNB) is sustaining its uptrend despite market conditions and regulatory pressure, which shows the interest of investors and the quality of the asset.
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According to a report by the Tron ecosystem, the network experienced notable developments over the week. The major takeaway was the increasing dominance in the stablecoin sector with USDT being the largest stablecoin by market cap. The network saw its circulating supply on Tron reach a record high, with over 43 billion at the time of writing, according to Tronscan.
Since the USDC depegged, USDT and the Tron network have become the go-to platform for stablecoins. The total stablecoin market cap on the Tron network grew by 5% over the last week to $43.55 billion, according to DeFiLlama. In comparison, the chain with the highest stablecoin market cap, ETH, dropped by 2.3%.
The Tron network expanded with the push from stablecoins, and the on-chain revenue generated surged by 70%, with the Tron daily user base expanding rapidly by 20%, ranking it the second-best performing chain over the last week.
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Built on the world's largest blockchain ecosystem, Polygon is the most proven way to build and scale new projects. Recently, Polygon has focused heavily on development, with multiple enhancements for the ecosystem coming. The most notable of which is the Polygon zkEVM testnet which enables Ethereum's scalability while maintaining security.
Coming soon is Polygon Miden, offering tools to build advanced dApps. It is the first decentralized rollup that leverages execution proofs of local transactions.
Sustainability is the main priority of Polygon, and with a proactive approach in the fight against climate change, Polygon is carbon neutral and plans soon to become climate positive.
Polygon is the largest and most thriving ecosystem, with 294,042 total contract creators, 2.57+ billion transactions, and 225.74+ million unique addresses. NFT Sales Volume recently hit 13.62+ billion, with over 1.24 million deployed smart contracts at an average cost per transaction of ~$0.018.
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Orbeon Protocol features a unique approach that uses NFTaaS to enable fundraising for new businesses and startups. The Orbeon Protocol crowdfunding platform mints NFTs against the company's equity using smart contracts that include terms of service and come with various security features.
The "Fill or Kill" function assures investors' safety by immediately returning funds if the goal is not met within the specified timeframe.
Orbeon Protocol addresses the existing problems in the industry and offers a simple solution to migrate to web3 by providing a marketplace where real-world businesses and crypto projects can connect.
The Orbeon Protocol ecosystem offers multi-chain capability, enabling cross-chain trading on one platform. With a decentralized exchange and Orbeon Swap, along with an easy-to-use wallet, Orbeon Protocol offers convenience and security in one place.
Orbeon Protocol has completed its presale and launched on Uniswap. Experts predict that the token could go as high as $0.24.
Website: https://orbeonprotocol.com/
Uniswap: https://app.uniswap.org/#/swap
Telegram: https://t.me/OrbeonProtocol
Twitter: https://twitter.com/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.