Investors Moving En Masse from Cardano (ADA) and Solana (SOL) to TMS Network (TMSN)

Investors have many crypto options to park their capital and grow it. Cardano (ADA) and Solana (SOL) have been incredibly popular in the market for the past few years, with investors lining up to pour their funds into these cryptos. However, the trust of long-term investors in Cardano (ADA) and Solana (SOL) seems to be dwindling. The investor traffic is moving towards the new DEX, TMS Network (TMSN). So, why are investors moving away from these well-known cryptos to the innovative trading platform, TMS Network (TMSN)? Let's find out.

Cardano (ADA) Is in a Tailspin

Cardano (ADA) was launched in 2017 after its founder Charles Hoskinson exited Ethereum. Cardano (ADA) was built to improve Ethereum. Cardano (ADA) makes Ethereum interoperable, highly scalable, and sustainable. Cardano (ADA) is used by developers to build dApps and houses more than 1,000 dApps. However, Cardano (ADA) has been struggling with declining market capitalization and revenues.

The revenues of Cardano (ADA) are closely linked to their transaction fee. There was a 36% reduction in the Cardano (ADA) transaction fee in 2022, but the transactions have not increased proportionally. So, the overall revenues of Cardano (ADA) have taken a major hit. Cardano (ADA) is already feeling the heat of competition. They have slashed their transaction fees, but that does not seem to be helping the crypto either.

Investors have seen Cardano (ADA) fall from its high of $2.86 in 2021 to a low of $0.39. Investors are now trying to move out of Cardano (ADA) before the crypto falls any lower.

No Upside for Solana (SOL)

Solana (SOL) leverages blockchain technology to provide DeFi solutions to its users. The Solana (SOL) project started in 2017, but the blockchain was officially launched in 2020. It reached its ATH of $258.78 in 2021 when the market was in a bull run. However, since then, Solana (SOL) has lost more than 90% of its value and has reached $20.3 now.

The FTX collapse badly hit Solana (SOL). Solana (SOL) is still reeling under its aftereffects. But what's hurting the future prospects of Solana (SOL) is the decline in interest in the token. Even after announcing multiple upgrades, Solana (SOL) does not seem to pick up pace in the market. Investors are getting their capital out of Solana (SOL) to move to cryptos with better growth opportunities.

TMS Network (TMSN) is Growing Quickly

TMS Network (TMSN) is the first-of-its-kind decentralized exchange that allows its users to trade in both crypto and non-crypto assets. These traditional asset classes include stocks and forex. The decentralized exchange offers complete transparency, unlike centralized exchanges like FTX. TMS Network (TMSN) executes transactions at a lower cost and faster speed. It will also create a community of traders who can share knowledge, copy trades, and learn from educational resources.

The demand for TMS Network (TMSN) can be gauged from how well the presale sessions for the crypto have been doing. The stage 1 presale raised over $500,000 at $0.025. Even more impressive numbers were recorded in the stage 1 presale. TMS Network (TMSN) raised a total of $4 million, climbing 100% in price to reach $0.05. All predictions indicate that TMS Network (TMSN) is only beginning its rise, and its price will grow by almost 5,000% after launch.

For more information on TMS Network (TMSN), follow the links below:

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/tmsnetworkio

Discord: https://discord.gg/njA95e7au6