The ups and downs of the cryptocurrency market can be good - it allows investors to make big profits out of fluidity. On the other hand, losses can outweigh gains, making us realize it’s time to settle for tokens that are sure and steady.
Some of the cryptocurrency projects that withstood the test of time are Solana (SOL) and Polygon (MATIC). We take a look at whether SOL or MATIC will be the best crypto investment of 2023?
Meanwhile, The Hideaways (HDWY) is also quickly becoming the best crypto in 2022, as it starts Stage 3 of its presale - the stage expected to give investors the biggest gains.
The HDWY token price is rising from $0.045 to $0.06 this Sunday and the bonus on purchase has doubled from 25% to 50%. Invest now and you’ll make an immediate fantastic return on investment!
Despite its shift to a greener, more efficient consensus mechanism, Ethereum (ETH) is still heavily weighed down by its slow transaction speed and scalability problems.
Unlike Ethereum (ETH), Solana (SOL) can process 65,000 transactions per second during peak performance, making it a preferred open-source network in the DeFi space today.
The big question is: can Solana (SOL) overtake Ethereum (ETH) as the biggest dApp platform in the world soon? The answer is yes. Due to its plausible transaction speed, this low-cost network can capture a higher number of new crypto projects and encourage existing ones to shift to its technology in the long term.
The realization of this forecast can send Solana (SOL)’s price to greater heights, possibly at the $1,000 zone by 2023. In the near term, its price can climb to the $142 zone - a March 2022 high - by the first quarter of 2022, provided that investor sentiment recovers in the broader crypto land.
Solana
Read more on cryptonews.com