Ethereum and Solana have experienced heavy losses recently, prompting investors to suspend trading and monitor expected results. But while these leading cryptocurrencies may be struggling, a new competitor in town is aiming to change the industry.
The second largest cryptocurrency and one of the founders of DeFi, Ethereum sees its advantage in allowing developers to build and deploy their blockchain-based applications, enabling decentralized business and other unique use cases through Ethereum.
Despite the good forecasts for Ethereum, its price has recently moved back between $1,700 and $1,600. This fall has many Ethereum investors concerned about the future of Ethereum, especially given the recent uncertainty in the cryptocurrency market. The main reason for the decline was that the big whales started moving large volumes of Ethereum.
Solana is a high-performance blockchain platform that aims to facilitate low-cost and flexible transactions.
Solana is a blockchain platform that offers flexible bandwidth and minimal transaction fees with a proof-of-stake consensus process. Despite future technology, Solana’s price has recently bottomed out significantly, falling 11% as of the end of February 2023.
Parallel to this decline, there was a significant drop in Solana’s trading volume, which fell from $1.5 billion in 2023 to $300 million in February. Investors are impressed with the scalability and security of Solana’s network. The Orbeon Protocol is the first of its kind DeFi investment platform that revolutionizes the way investors and business owners collaborate to create a next generation trading and market platform.
The Orbeon Protocol
The Orbeon Protocol is a blockchain initiative driving the venture capital market. Orbeon Protocol is a cryptocurrency aimed at individual consumer investors and businesses. Individual investors can now easily access early investment opportunities with the help of the Orbeon protocol.
Orbion Protocol has created several security tools to protect the security of users. The fill-or-die strategy protects investors from losses caused by failed funding rounds. This feature is hardcoded into each project’s smart contract and cannot be changed.