Welcome to the most recent compilation of blockchain news. This article discusses the most recent advancements in TMS Network (TMSN), Solana (SOL), and Ethereum (ETH). While Solana (SOL) has increased by 9% and is strongly pushing to recover a top 10 rank, Ethereum (ETH) has announced a temporary cap on full withdrawals in Shanghai for the following 18 months. In the meantime, TMS Network (TMSN) has introduced a comprehensive decentralized platform that will revolutionize trade. Let’s get started!
Ethereum (ETH)
With Ethereum (ETH)’s Shanghai upgrade, the $28 billion worth of staked Ethereum (ETH) (ETH) will become available in a few weeks. A gradual return of this supply to the open markets, which is currently unavailable for withdrawal and cannot be traded, can affect the price of Ethereum (ETH).
The Ethereum (ETH) website states that Shanghai could become live in the first half of 2023. Analysts claim the shift might take effect as early as April 15, US Tax Day.
Withdrawals of ETH have been prohibited until late 2020 due to staking on Ethereum (ETH)’s Beacon Chain. In exchange for their multi-month pledge to keep from selling, Ethereum (ETH) promised participants in its proof-of-stake validation a variable 3-12% yearly dividend. Because of the high reward, around 17.5 million ETH have been invested in self-hosted or staking-as-a-service validators.
Solana (SOL)
Solana (SOL), one of the most well-known cryptocurrencies, is one to watch. Solana (SOL) has increased 9.5% over the previous 24 hours and is once more just outside the top 10 cryptocurrencies by market size.
This rise coincides with a significant movement in the broader cryptocurrency market as investors try to revalue virtual currencies after a wildly volatile weekend. Solana (SOL) lost a lot of ground during the past week, falling from over $21 to as low as $16.12 on Friday before recouping most of its losses.
Solana (SOL) has recovered almost 27% from its monthly lows and is trading around $20.50 per token. Despite all the market-driven worries, investors are moving quickly toward quality. Solana (SOL)’s network effects and strong position in important market segments (such as non-fungible tokens or NFTs) are the main drivers of recent price growth in cryptocurrencies.
TMS Network (TMSN)
The decentralized TMS Network (TMSN), based on Ethereum (ETH), eliminates the need for mediators and lowers trading costs. With its cutting-edge trading strategy, TMSN is ready to revolutionize the market and give investors a thrilling new chance. Furthermore, TMS Network (TMSN) makes complete transparency in trading possible, a great security feature that lessens the possibility of FTX-style fraud.
TMS Network (TMSN) also uses price aggregation to guarantee that traders receive the best price for each asset. For traders and investors alike, TMS Network (TMSN) offers a variety of tools like non-custodial portfolio management, research, and analytics. The possibilities for TMS Network (TMSN) indicate that it might outperform even the best investment opportunities. However, TMS is the best choice because it is in stage 2 of its presale and has pricing as low as 0.038 per coin.
Conclusion
In conclusion, the most recent changes to Ethereum (ETH), Solana (SOL), and TMS Network (TMSN) demonstrate the blockchain industry’s continual development and expansion. With Ethereum (ETH) decision to restrict withdrawals in Shanghai, Solana (SOL)’s amazing growth, and TMS Network (TMSN) cutting-edge platform, it is evident that blockchain technology is making progress in various industries, including financial.
It will be interesting to see what further advancements happen in this quickly developing sector as we move to the future. Watch this space for more news and analysis from the blockchain technology industry.
For more information on TMS Network (TMSN) please see the links below:
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
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