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Crypto giant Ethereum (ETH), its smart contract competitor Solana (SOL), and new entrant Orbeon Protocol (ORBN), currently in Phase 2 of its presale, all represent excellent opportunities in their own way. But which of these fantastic cryptocurrencies should you add? The answer might surprise you, so read on for more.
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Is Ethereum (ETH) forever destined to be in Bitcoin’s shadow? Ethereum (ETH) is a giant in its own right, but it always seems to pale compared to its bigger, brighter, better-known crypto rival. But here’s the rap: the two titans aren’t even rivals in many respects. Bitcoin works best as a store of digital currency, whereas Ethereum (ETH) is better at hosting financial applications.
The success of new developments like Ethereum (ETH)’s Merge has done nothing to harm the company’s rock-solid credentials. Of course, new challenges and competitors lie on the horizon, but Ethereum (ETH) looks well-placed to benefit from any upturn in the market. There’s plenty of scope for future value, with the current price around $1,250.
Some investors still cling to the proverb “Nobody ever got fired for buying IBM,” - meaning it's better to stick with a dependable company over taking a chance on an affordable but less familiar option. Even though Ethereum (ETH) has its share of downs in the cryptocurrency market, it's still a great option to invest in because of its size, reputation, and stability.
Solana (SOL) is a relative newcomer to the crypto market. Although it can trace its origins back to 2017, Solana (SOL) didn’t launch until early 2020. The company offers blockchain-based smart contract
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