
The global cryptocurrency market is estimated to reach a valuation of $1,902.5 million by growing at a compound annual growth rate of 11.1% during 2021-28. The figures indicate a massive surge in tandem with the rally in cryptocurrency prices.
If you are still figuring out how to go about cryptocurrency trading, you can start by heading over to some good crypto learning resources. Check out some popular coins like Supontis Token (SUP), Solana (SOL), and Tron (TRX). Here's a brief description of these three coins.
Supontis Token (SUP) is a decentralised platform that facilitates the transfer of assets between the blockchain systems of Ethereum, Binance, Tron, and Fantom. Built on the Binance Smart Chain, the platform paves the way for seamless cryptocurrency exchange.
Rather than working in silos like other blockchain-based systems, Supontis allows easy communication between different blockchain systems. At the same time, dApps deployed on one system can access the features of another blockchain, thereby boosting its performance.
It has a native token SUP which is a utility-based token with a host of uses. It can be bought on presale. Users can stake tokens, earn rewards, go for yield farming and even get voting rights by being a token holder.
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The Supontis Token (SUP) platform leverages the proof-of-stake protocol that makes staking possible on the system. The process of staking can be a unique way to boost user engagement. Users can act as validators and earn an income from their participation.
Being selected as a validator depends on the number of tokens owned by a user. Validators take turns in supporting the Supontis network, and the staking mechanism works in such a way as to keep any malfunctioning at bay.
The platform sports a decentralized autonomous organisation structure for governance purposes. It's a community-driven system wherein token holders get to present their views by voting on decisions concerning the platform.
Solana is a blockchain-based platform that enables its users to deploy agile and impactful dApps. The native token, SOL, can be used for staking and all other transactional purposes on the platform.
The platform's key USPs is its cost-effectiveness and its speed. Given the platform's flexibility, users and developers end up paying a transaction fee of less than $0.01. As far as speed goes, Solana (SOL) has a processing speed of up to 400 millisecond block times.
In a recent development, the platform announced the launch of its Solana Mobile Stack for Android users that would activate native Android Web3 apps on Solana. The open-source project comes with a robust security protocol for mobile that makes the signing of transactions possible.
Tron is an open-source blockchain-based operating system for deploying scalable dApps. Developers get the leeway to deploy their dApps in a wide array of ways because of the platform's efficient system of smart contracts and agility.
It has a native coin, TRX, that can be used for all transactional purposes on the platform and is listed on over 130 cryptocurrency exchanges.
Recently, Tron announced that it would be completing its launch four years in June 2022 and has crossed the 100-million users mark. Users who send their wishes to the platform stand to win luxury gift packages.
Solana (SOL) and TRON (TRX) are well-established cryptos cemented as crypto giants in the market. However, Supontis (PON) has tremendous utility and could rival any crypto giant with its expansive ecosystem. Watch out for Supontis this year.
Presale: https://register.supontis.com
Website: http://supontis.com/
Telegram: https://t.me/SupontisTokenOfficial
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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.