.png){kind=logo}
- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
Since its rise to fame in 2021, Solana (SOL) has continued influencing the cryptocurrency market. Solana (SOL) now plays an important role in the NFT space, and has been praised for its recent upgrades. That being said, new projects like Pepe (PEPE) and Collateral Network (COLT) are offering huge returns for investors, causing some to sell their Solana (SOL) to earn a higher return.
After a fork in the Solana (SOL) blockchain caused throughput to crash, the project has bounced back, increasing in price by 7.49% throughout April. Having already increased again in May, analysts now believe that Solana (SOL) could rise to over $27 if the DeFi market continues to grow. One Solana (SOL) is currently worth $22.15, with daily trading volume averaging around $400 million.
In the past week, it was announced that Solana (SOL) surpassed Ethereum (ETH) in the most on-chain active addresses, which shows how fast Solana (SOL) is growing. Second only to the BNB Chain, Solana (SOL) is now in a strong position to become the most widely used blockchain in the world.
Pepe (PEPE) is the latest memecoin to take the market by storm. After a price increase of 1000% over the weekend, Pepe (PEPE) gained international attention and now has over 79,000 holders worldwide. On May the 3rd, Pepe (PEPE) dipped slightly in price, before surging an additional 26.05% to $0.000001279.
Pepe (PEPE) is now being compared to the likes of Shiba Inu and Dogecoin, though its growth has been faster than both projects. In just a few weeks, Pepe (PEPE) has gained international traction and has been listed on MEXC Global and Coinmarketcap, making it easier for investors to access information and buy Pepe (PEPE) coins.
Although extremely turbulent, many investors believe Pepe (PEPE) could be the memecoin the market has been waiting for, attracting an average of over $200 million in daily trading volume despite being one of the newest projects in the market.
Much like Pepe (PEPE), Collateral Network (COLT) has attracted thousands of investors, though it offers significantly more utility. Since its presale started, Collateral Network (COLT) has increased in price by 40%, with its value expected to rise an additional 28% when stage one of its presale sells out.
Collateral Network (COLT) uses DeFi technology to allow people to unlock liquidity from high-value physical assets. Assets such as cars, fine art, watches, and real estate are traditionally tricky to unlock liquidity from and usually require the individual to sell the asset. With Collateral Network (COLT), individuals can take a loan against it and have the asset return once the loan is paid.
The Collateral Network (COLT) platform works by bringing assets on-chain as fractionalized NFTs. These NFTs can then be purchased in fractions by investors, who lend money for a fixed interest rate. This lets investors build passive income streams and provides borrowers quick access to cash.
Early investors will earn a number of benefits throughout the Collateral Network (COLT) ecosystem and profit from early growth stages. Its current presale value is $0.014, though it is expected to rise to $0.35 before its presale ends. This would provide investors with a huge return, making Collateral Network (COLT) one of the best investment opportunities in the market.
Website: https://www.collateralnetwork.io/
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
