Solana (SOL) and Ripple (XRP) are among the most popular crypto giants today. However, the two once-favored cryptos are bleeding investors who have lost faith in them as revolutionary projects and are now looking for better investment options with higher returns. For these investors, TMS Network (TMSN) has emerged as a popular option. TMS Network (TMSN) continues to be chosen by institutional and retail traders, who have high hopes for the new market entrant’s ability to revolutionize trading.
Solana (SOL) Has No Long-Term Potential
Solana (SOL) has recently become one of the most criticized cryptocurrency projects. Solana (SOL) was created as a more scalable alternative for Ethereum. However, in achieving this, Solana (SOL) has sacrificed decentralization in the process. This has been a huge turn-off to many Solana (SOL) investors who are
Justin Bons, the founder and CIO of Cyber Capital, has been a vocal critic of Solana (SOL). Concerning Solana’s decentralization issues, Bons believes that Solana cannot compete with sharded blockchains that are more scalable and maintain decentralization. Bons also accuses the Solana (SOL) team of “unnecessarily centralizing the network.” He emphasizes how costly it is to run a validator of Solana (SOL). You need roughly $6 million to profitably run a Solana (SOL) validator. Bons has previously chastised Solana (SOL) for its numerous network outages. The Solana blockchain recorded a six-hour outage in October of last year.
Legal Expert Predicts a Bleak Outcome in The SEC v. Ripple Case
In a recent interview, J.W. Verret, an associate professor of law, stated that the US SEC’s lawsuit against Ripple (XRP) is more likely to reach the Supreme Court. Verret claims that the SEC is being unreasonable in treating decentralized network tokens as securities and decentralized finance (DeFi) protocols as exchanges, adding that the SEC is going too far.
In its case against Ripple (XRP), the SEC claims that the Ripple team (XRP) engaged in the illegal sale of securities. The securities in question here are XRP tokens. The lawsuit, which began in 2018, has negatively impacted the Ripple network and the price of XRP tokens. For example, due to poor market sentiment, Ripple (XRP) only posted small gains while most other cryptos broke their all-time highs in 2021. Also, Ripple (XRP) has been stuck below $0.4233 since November, as investors believe the lawsuit may end soon. The outcome of this case is highly anticipated as it will have a significant impact not only on the price of Ripple (XRP) but also on the broader crypto ecosystem.
The TMS Network (TMSN) Is A Secure Hedge Against SOL And XRP Uncertainties
With so much uncertainty surrounding the future of Solana (SOL) and Ripple (XRP), investors are shifting funds to more stable projects such as TMS Network (TMSN)
TMS Network (TMSN) is an Ethereum-based decentralized all-in-one trading platform that aims to disrupt the traditional trading industry. TMS’ cutting-edge trading platform addresses the most pressing issues facing traditional trading. These include price inconsistency, high trading fees, price manipulation, wash trading, transaction delays, insufficient trading experience, and a lack of trading education among traders.
Unlike most current platforms, which limit traders to only crypto or crypto-related assets, TMS Network (TMSN) allows traders to trade all derivatives. Investors can trade in a large pool of asset classes spanning stocks, CFDs, cryptocurrencies, and forex in a secure, efficient, decentralized environment, using cryptocurrency payments and a self-custodial approach that does not require them to open a trading account. All the trader has to do is connect their wallet and enjoy a seamless trading experience across all major exchanges with instant transaction processing, no FIAT payment required, and no trading account required.
TMS Network (TMSN) token holders are also rewarded through the TMS Commission Revenue Sharing feature. Through this feature, TMSN token holders earn a commission on trading volumes generated by other platform users. This provides them with a direct financial incentive to increase the trading volume on the platform, generating more revenue for the platform and its users.
The TMSN token is now in the second phase of its presale campaign. So far, the TMS Network (TMSN) token has raised over $3 million through two rounds of presale and a private seed round. TMS’ disruptive approach to trading is expected to drive up the price of TMSN tokens upon launch, with early investors receiving up to 1000x returns. Register for the presale today to join the ranks of other savvy investors who have placed their bets on TMS’ success.
For more information on TMS Network (TMSN), please see the links below:
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetwork
Twitter: https://twitter.com/tmsnetworkio
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