TMS Network (TMSN) Set to Cross $1 While Polygon (MATIC) and Solana (SOL) Stumble

TMS Network (TMSN) stands as a resilient contender against Polygon (MATIC) and Solana (SOL) in the crypto market, and is poised to surpass the $1 mark. Meanwhile, Polygon (MATIC) has unveiled its forward-thinking 'Polygon 2.0' blueprint, showcasing its commitment to innovation. Solana (SOL) faces setbacks as the Cardinal Protocol prepares to shut down.

Polygon (MATIC) Reveals Architectural Blueprint for 'Polygon 2.0'

Polygon (MATIC) has experienced a decline in recent days, reflecting the current market sentiment. The price of Polygon (MATIC) has fallen by 3.48% in the past week, reaching its current price of $0.65. It is important to note that Polygon (MATIC) is 77.61% below its all-time high of $2.92. Despite this downward trend, Polygon (MATIC) has recently unveiled its architectural blueprint for 'Polygon 2.0.' In a blog post on June 29, the Polygon (MATIC) team proposed a four-layered structure for the forthcoming project. Polygon (MATIC) initially introduced the concept of Polygon 2.0 on June 12, emphasizing its objective to establish the "value layer" of the internet. Although the team has promised to release additional details about each layer at a later date, the overall trajectory of Polygon (MATIC) seems to be on a downward slope. Polygon's (MATIC) market capitalization stands at $6.1 billion, and has a 24-hour trading volume of $441.7 million. As the market continues to evolve, it remains to be seen how Polygon (MATIC) will fare amidst its architectural advancements.

Solana (SOL) Based Cardinal Protocol to Shut Down

Solana's (SOL) market cap stands at $7.3 billion, with a 24-hour trading volume of $924.8 million. The circulating supply of Solana (SOL) is 9.3 billion. However, Solana's (SOL) performance has not been favorable, as the price has declined by 2.26% over the last 24 hours, resulting in the current price of $18.16. It is worth noting that Solana (SOL) is currently 93.02% below its all-time high of $260.06.

In unfortunate news for the Solana (SOL) ecosystem, Cardinal Protocol, a non-fungible token (NFT) platform built on the Solana (SOL) blockchain, has made the decision to wind down its operations. Despite raising $5.2 million in funding, and having over 65,000 NFTs staked on Solana (SOL), the Cardinal Protocol has struggled to achieve a market fit. The Cardinal Protocol team cited challenging economic conditions, and a dwindling response on Solana (SOL) as the primary reasons for this difficult decision. It is important to highlight that the Cardinal Protocol has been successful in its fundraising efforts, raising $4.4 million to enhance the functionality of NFTs on the Solana (SOL) network.

TMS Network (TMSN) Stands Strong Under Market Pressure

TMS Network (TMSN) has stood strong under market pressure, drawing investors with its groundbreaking features and impressive performance. With TMS Network's (TMSN) recent stage 2 presale having achieved massive success, the project has positioned itself as a top contender in the cryptocurrency realm. Trading at $0.12, TMS Network (TMSN) has already raised an impressive $6.2 million. What sets TMS Network (TMSN) apart is its decentralized trading platform, which has offered a safe and efficient way to trade in various assets. TMS Network (TMSN) has eliminated the need for intermediaries, ensuring a seamless trading experience. TMS Network (TMSN) has guaranteed tamper-proof transactions, reducing costs, and enabling faster and more efficient trading. TMS Network (TMSN) commitment to financial literacy has further enhanced traders' decision-making capabilities. With its user-friendly interface and scalability, TMS Network (TMSN) has revolutionized the online trading landscape.

For more information on TMS Network (TMSN):

Presale: https://presale.tmsnetwork.io/

Website: https://tmsnetwork.io/

Telegram: https://t.me/tmsnetworkio

Twitter: https://twitter.com/tmsnetwork_io