In terms of use case, there are only a few assets that have immense utility, like Solana (SOL), Enjin Coin (ENJ), and the new streaming sensation DeeStream (DST). These projects are built to last since they serve a purpose and solve real-world problems.
Enjin (ENJ) and Solana (SOL) have boosted crypto adoption due to their real-world applications, and with DeeStream (DST) ready to do the same, it’s no surprise to see investments pouring into the project from Solana (SOL) and Enjin Coin (ENJ) users.
Breath of Fresh Air as Solana (SOL) Regains $100
A recent bounce back above the $100 support has restored faith within the Solana (SOL) ecosystem. After a network outage that lasted 5 hours, Solana (SOL) experienced market activity, leading experts and analysts to declare the token as oversold. This situation, alongside the FTX collapse, made Solana (SOL) suffer huge price losses, but it seems the dry spell is over, as the asset is steadily gaining momentum.
Solana (SOL) has maintained its dedication to providing a DeFi-enabling Blockchain ecosystem for developing decentralized applications and services. The network combines a Proof-of-Stake and Proof-of-History consensus hybrid to achieve record scalability and throughput, with a transaction completion rate of up to 50,000 transactions per second.
Enjin Coin (ENJ) Sees Profit Trickle as Investors Eye DeeStream (DST)
The diversification of services within the blockchain has enabled many industries to thrive. Benefiting from the transparency, speed, immutability, security, and profit potential, many centralized services are looking to go fully decentralized and adopt web3. Among these industries is the gaming and NFT industry, of which Enjin Coin (ENJ) is a leader.
Enjin Coin (ENJ) is an Ethereum-based platform that facilitates ease of interaction with Web3 and NFTs. A great use case for this feature is with in-game items and purchases. Enjin Coin (ENJ) has enabled an ecosystem for implementing Blockchain-powered games, and the in-game items are tradable on the network’s NFT.io marketplace. The Enjin Coin (ENJ) token is used to back the value of NFTs minted within the ecosystem.
In March 2022, Enjin launched Efinity on Polkadot as a parachain/metaverse dedicated to NFTs to improve scalability and security. However, not much has happened within the protocol since then, causing attention to drift off the project. It is currently trading at around $0.32 on official crypto markets.
DeeStream (DST) Set For Profit Surge as Analysts Speculate 30x
DeeStream (DST) is on trend to hit record highs within the crypto industry on public sale as many speculate a potential 30x in price. This comes after a trend of investors from Solana (SOL) and Enjin Coin (ENJ) cashing in on the project. DeeStream (DST) offers decentralized, secure, and censorship-free streaming services to connect creators with their fans. Capitalizing on the streaming industry set to hit a $247 billion valuation by 2027, DeeStream (DST) is perfectly positioned to generate massive profit gains for investors.
The DeeStream (DST) token is currently on presale at $0.035 per token. The project also includes an attractive revenue-sharing plan with presale holders, community governance and growth, and permanently locked liquidity to prevent rug pulls.
Find out more about the DeeStream (DST) presale by visiting the website here
