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The cryptocurrency market is dynamic and three coins – Solana (SOL), Everlodge (ELDG) and Cardano (ADA) – are attracting investors' attention. Solana has shown impressive growth and the potential of Everlodge and Cardano in the current market deserves a closer look.
Solana meeting
Solana is trading at around $68.62, up 20.45% over the past month. This rebound positions Solana as one of the key players in the market.
Despite the market volatility, SOL is trending above the 50-day and 200-day exponential moving averages (EMA), which means the uptrend is firm.
The increased trading volume and investor interest may provide a solid foundation for SOL to extend its gains, which could influence the trajectories of ADA and other emerging tokens like ELDG.
Cardano is riding the defi wave
ADA rose 55.22% last month and is currently trading at $0.5587.
This notable growth is attributed to the network's advancement in decentralized finance (defi). The total value locked (TVL) on Cardano defi is approaching $450 million.
As such, ADA's bullish trend reflects investor confidence, fueled by substantial transactions and increased defi activity.
With projects like Indigo and Minswap, Cardano's appeal continues to strengthen.
Everlodge offers a new way of real estate investment
Everlodge is reshaping the real estate market by enabling fractional investment in luxury properties through NFTs.
This model combines fractional ownership, timeshare and nft technology, making high-value properties accessible for investment.
For example, a $3 million villa in Miami is digitized into nft and divided into 30,000 units, each valued at $100.
As ownership appreciates, so does the value of each nft fragment, providing a unique investment opportunity.
Everlodge's native token, ELDG, offers its holders several benefits, including discounts on property purchases, complimentary overnight stays, and the option to stake for rewards.
At the current pre-sale stage, ELDG is available for $0.01. However, its supporters expect further growth in the coming days.
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