The world of cryptocurrency continues to be a hotbed of activity. Recently, Conflux (CFX)’s price retreated to $0.287 while still up 93% this week, while Solana (SOL)’s incessant outages triggered a ballistic response from the crypto community. Meanwhile, TMS Network (TMSN) has raised an impressive $500K in less than two weeks, thanks to the buzz surrounding its innovative approach to decentralized trading.
Conflux (CFX) Still Bullish Despite Pullback to $0.287
Conflux (CFX) Network is a decentralized blockchain network with high scalability, fast transaction confirmation speeds, and high throughput. It uses a Directed Acyclic Graph (DAG), which allows for parallel block processing, offering significant improvements in confirmation times and transaction throughput. Since the beginning of this year, Conflux (CFX) has been growing in popularity as the most innovative chain in China.
Conflux (CFX) had a jaw-dropping start at the beginning of this year after exploding by over 1500% after bagging multiple strategic partnerships and $10 million in funding. These partnerships include Little Red Book social media, Alchemy Pay and Chinese Telecom. As a result, the Conflux (CFX) token surged from $0.022 to $0.35 at the start of the year. However, its price has retreated to $0.287, with a 7-day gain at 93% and a YTD gain hovering around 1000%.
Solana (SOL) Outages Triggers Ballistic Action and Backlashes
For years, Solana (SOL) has been revolutionizing blockchain technology with its highly scalable, secure and lightning-speed smart contracts capabilities. Solana (SOL) provides an enabling platform for thousands of DeFi, dApps, web3, NFTs and smart contract projects. Solana (SOL) features an ingenious blend of a Delegated Proof of Stake and a hybrid Proof of History algorithm.
Despite all these, Sokana has suffered many setbacks at the heel of poor network performance, degradation and congestion issues. In fact, this also affected Solana (SOL) token value, TVL value and user activities as more developers are looking for more efficient alternatives. The recent network-wide outage sparked ballistic reactions from the crypto community, with many expressing their disappointment in Solana (SOL).
TMS Network (TMSN) Seeing Meteoric Rise in Presale – Raises Over $500k in Less Than Two Weeks
The world of finance has seen an unprecedented shift towards decentralization in recent years, with cryptocurrencies and blockchain technology leading the way. And the TMS Network (TMSN) Decentralized Trading Hub is the latest platform making waves in decentralized finance (DeFi).
This innovative platform is already seeing a meteoric rise in its presale, raising over $500k in less than two weeks. And it’s not hard to see why. TMS Network (TMSN) is a decentralized trading platform that offers a faster and more scalable alternative to traditional centralized exchanges. Built on the Ethereum blockchain, TMS Network (TMSN) supports trading in a range of assets, including cryptocurrencies, forex, CFDs, and stocks.
TMS Network (TMSN)’s commitment to trader education sets it apart from other trading platforms. The platform provides a range of educational resources to help traders make informed decisions, including trading signals, market analysis, and a community of experienced traders.
With its decentralized architecture, TMS Network (TMSN) offers unparalleled security and transparency. This also means it is not subject to the same regulatory hurdles as traditional centralized exchanges. Therefore, traders can enjoy greater freedom and flexibility when trading.
All of these features have contributed to the impressive success of TMS Network (TMSN)’s presale, and it’s clear that the platform is poised to significantly impact trading. Consequently, currently trading at $0.032, the TMS Network (TMSN) token has grown from a $0.0003 launch price with astronomical demand. For more info about its presale, visit the links below: