Introduction
Several weeks ago, a few small US banks ran into some trouble. As always, the US government bailed them out. Many believe that the US is close to backtracking on its tight monetary policy. This has led to a resurgence in crypto activity. Projects like Stacks (STX) and Solana (SOL) have performed OK. But a new project has ripped onto the scene, raising over $4 million in presale. TMS Network (TMSN) is a game changer in the DEX sector.
TMS Network (TMSN)
Boasting various asset classes previously inaccessible on-chain, TMS Network (TMSN) is a shiny new DEX built on Ethereum. From crypto to stocks, CFDs, and FOREX, traders from a vast range of backgrounds can utilize the TMS Network (TMSN) platform. With a focus on security and decentralization, TMS Network (TMSN) is an experience built for traders, by traders.
TMS Network (TMSN) token holders are entitled to extensive benefits. Over and above the core platform, TMS Network (TMSN) holders can access exclusive trading tools to take their trading to new heights. From fully customizable trading bots to on-chain data, in-house research, and social trading, TMS Network (TMSN) token holders are armed with a trading arsenal – all in one place.
Stacks (STX)
Stacks (STX) is a layer that brings smart contract capability and DeFi to Bitcoin (BTC). Up over 270% since the start of the year, Stacks (STX) has performed well in the recent rally. However, Stacks (STX) faces stiff competition. Ethereum (ETH) is the top dog and is likely to remain so for the foreseeable future. The Stacks (STX) ecosystem was recently upgraded. The upgrade brought much new functionality in the form of decentralized mining, improved bridges, and Bitcoin native assets.
Stacks (STX) rallied on the announcement as investors speculated on the upgrades’ effect. Despite this, Stacks (STX) has its work cut out. The Ethereum ecosystem is set for a strong year, and protocols like TMS Network (TMSN) are in a solid position to capitalize.
Solana (SOL)
The Solana (SOL) ecosystem has had a rough 12 months. The FTX/Alameda collapse towards the end of 2022 left Solana (SOL) in a precarious position. Entities owned by Sam Bankman-Fried held significant bags of Solana (SOL), as well as a huge selection of tokens related to the ecosystem. It is likely these assets will be liquidated at some point to repay customers and creditors.
The effect this will have on the Solana (SOL) ecosystem is unknown. With a huge level of uncertainty, Solana (SOL) has seen investors shy away and rotate to other projects. Several Solana (SOL) projects were caught up in the banking crisis, as Silicon Valley Bank held their deposits. Solana (SOL) remains behind in terms of performance, registering a mere 100% gain since the start of the year.
Conclusion
With Stacks (STX) place within DeFi in question and uncertainty shaking Solana (SOL), the Ethereum ecosystem and TMS Network (TMSN) remain strong. Investors are clearly curious about TMS Network (TMSN) and the innovative qualities of the platform.
Check out the links below for more information on TMS Network (TMSN).
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
