The recent weeks have been catastrophic for Solana (SOL) and Cardano (ADA). The market standings of these projects have suffered a massive blow. However, the overall crypto market has found support in the ballistic rise of Tradecurve.
This is a new project that has been predicted to provide its early investors with a 100x profit in the next six months. Its ongoing presale round has also broken many market records.
Solana’s (SOL) Cardinal Protocol Winds Down Its Business
Developments in recent weeks have pushed Solana (SOL) into a bearish phase. A few weeks ago, Solana (SOL) was described as a security by the SEC in its lawsuit against Binance and Coinbase. Following this, two leading exchanges – Robinhood and Bakkt – announced delisting Solana (SOL) from their platform.
In the latest event, the Solana (SOL) ecosystem has suffered a loss, as its Cardinal Protocol has announced winding down its operations due to economic conditions. Cardinal Protocol was an infrastructure provider dedicated to NFTs on the Solana (SOL) network. These events have caused a decline in Solana’s (SOL) market value, which has dropped by more than 11% in the past 30 days. Consequently, Solana (SOL) is currently available to change hands at $18.35.
Cardano (ADA) And Vodafone Collaborates For NFT Collection
Amid its shrinking market size, Cardano (ADA) has received support from Vodafone Germany. The telecom giant has announced that it will launch a series of non-fungible tokens (NFTs) based on the Cardano (ADA) blockchain. However, Vodafone is yet to decide on the utility and benefits of the NFTs to be built on the Cardano (ADA) blockchain.
The Cardano (ADA) community is hopeful that this development will improve the social image of the network. However, the announcement could not make any positive impact on the price movement of Cardano (ADA), which has crashed by more than 21% in the past month. As a result, Cardano (ADA) is now available to trade at $0.29. By market capitalization, Cardano (ADA) is in the eighth position.
Tradecurve Presale Hits A New Market High
The FX market is the largest single market with a daily trading volume of more than $7.5 trillion. If any trading platform taps a fraction of this market, it can become one of the biggest exchanges in the world. Amazing the entire crypto industry, Tradecurve has launched a unique exchange that allows trading of forex futures, cryptocurrencies, equities, and other assets using cryptocurrency as payments. Its native token is TCRV.
Equipped with institutional-level liquidity, it is a new Web3 crypto exchange that boasts a hybrid infrastructure, combining the best practices of centralized and decentralized exchanges. It offers low latency, high liquidity, non-custodial storage, and slippage-free trading.
Elimination of any sign-up KYC is the USP of this new trading exchange. On this platform, traders just need to create a trading account using their email id, and link it to their digital wallet to begin trading. Thus, Tradecurve has surpassed the popularity and market acceptance of well-established platforms like Binance and MECX.
It has successfully completed three stages of its presale, and stage 4 is 50% sold out. During this period, the market value of a token has increased from $0.01 to $0.018. Additionally, it is expected to surge by 5000% during the presale round. Just 40% of the total 1.8 billion TCRV tokens will be supplied during the presale round.
For more information about the Tradecurve presale:
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