Currently at its presale stage, Quitriam Finance (QTM) has begun to generate massive attention for its offerings. This is due mainly to its enabling network offering a ‘launchpad’ for new DApps and liquidity for decentralized exchanges, like Solana (SOL) and Cardano (ADA), top cryptocurrencies with a large market cap and use cases.
Like these two, Quitriam Finance (QTM) boasts the potential to lead the crypto market and stay at the top of its niche. So, what do Solana and Cardano offer? And what is QTM doing differently to lead the market?
Let’s talk about all three.
Solana (SOL) – Layer 1 Competitor
Solana (SOL) is a leading cryptocurrency with about $33 billion market value. Solana is a decentralized blockchain designed to enable the creation of dApps. Founded by Anatoly Yakovenko back in 2017, Solana (SOL) continues to stand out for its incredible speed, product design, and transaction throughput.
Solana (SOL) currently holds the record for the world’s fastest blockchain and can process transactions up to 50,000 per second. It incorporates several features that enable such huge numbers. For instance, Solana (SOL) uses a Proof-of-stake in addition to a proof-of-history, unlike Ethereum (ETH), which uses a Proof-of-work alone.
Solana (SOL) transaction processes go faster because, in PoW, miners verify transactions that have coins in them already and do not solve cryptographic equations. Solana (SOL) complements its POW with a PoH algorithm that helps keep timestamps, thus making transaction verification seamless and easy.
SOL is a future-forward coin that supports eco-design and sustainable use of resources, especially as its low gas fees suggest. Due to its fast transaction throughput and high scalability, Solana is famed as the Ethereum (ETH) killer, offering ultra-boost to transactions, DApps, and marketplaces built on its protocol. This explains the upsurge in its market cap over the past couple of years.
Today, many DApps and marketplaces on the Solana protocol utilize its incredible scalability and speed, making it one of the most enabling blockchains in the crypto market.
Cardano (ADA) – Can They Achieve A Top 5 Position?
Cardano (ADA) is one of the leading cryptocurrencies by market cap. It is famed as the next-gen evolution of the Ethereum idea. It offers a flexible, scalable, and sustainable blockchain designer to run smart contracts and enable the development of dApps, new tokens, p2E games, and NFTs.
The Cardano (ADA) platform is designed to stimulate and serve as open-source software for changemakers and inventors. This explains why the ecosystem has consistently moved to promote global innovation and market improvement while investing heavily in developing secure, scalable, and super-efficient decentralized systems.
With a market capitalization of over $18 billion, it enjoys a place among the top 10 cryptocurrencies globally. Cardano (ADA) tokens are generally limited to 45 billion tokens, making it a viable investment if you’re looking to hedge the current high inflation. It’s also essential to note that the recent crypto market crash reduces its market value, thi gives investors a good entry price to the token.
Quitriam Finance (QTM) – Will The Newcomer Suprise Everyone?
Quitriam Finance (QTM) is one of the latest cryptocurrencies in the DeFI sectors and offers a utility that intersects what both Solana and Cardano offer. This is essentially how its native cryptocurrencies for an enabling platform through its Quitriam Finance LAUNCHPAD.
Still, in its presale stage, Quitriam Finance has already gained massive growth. It provides an all-in-one P2E platform with a native decentralized exchange (DEX) called Quitriam Swap, allowing users to exchange tokens without leaving the platform.
The Quitriam Finance (QTM) environment is regarded as an incubator for new coin offerings, providing liquidity to stimulate decentralized exchanges. With QTM, holders gain access to liquidity mining services via a one-click interface.
One of the platform’s primary use cases is enabling retail clients’ access to the yield farming platform and building passive sources of income through liquidity mining. Interoperability between Quitriam DEX and many different chains will allow fast exchanges between multiple blockchain networks.
Quitriam Finance (QTM) leverages the multichain network to solve the problems оf оthеr Ethereum bаѕеd DEXѕ. It allows usеrѕ to exchange tоkеnѕ аt a ѕрееd greater than 50,000 trаnѕасtiоnѕ per ѕесоnd for a соѕt of less than $0.00001 per transaction, stimulating еffiсiеnt аnd ԛuiсk transactions.
The presale is still on going, so follow the links below for updates on how you can buy your QTM before the price shoots up.
Quitriam Finance QTM
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