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Oryen Network soars while Solana and Fantom struggle

17 December 2022
in Solano
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Oryen Network soars while Solana and Fantom struggle
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In the crypto market, there are many ways to invest. The current crypto market offers options to suit the needs of any investor. This is why analysts are so invested in the current market.

These crypto analysts use presale performances of DeFi projects to gauge their long-term potential in the market. One DeFi project with an impressive presale performance attracting investors is the Oryen Network.

One seasoned and experienced crypto analyst, Jim Crypto, showers praise on the presale performance of Oryen Network in his recent video review. Backed with groundbreaking features, Oryen Network is winning over holders of Solana and Fantom with simple and automated staking protocols.

Fantom (FTM)

Fantom is a smart contract platform that employs a direct acyclic graph (DAG) instead of a blockchain supporting a network for maximum speed and scalability.

FTM is the platform’s native utility coin. It helps in securing the network and validating transactions. One problem for investors with Fantom is its volatility. Investors have a better chance of trying out Oryen Network’s game-changing auto-stake feature.

Oryen: High Presale Performance

In its presale 8 phase, Oryen showed impressive presale performance with a 400% surge in price at $0.25 from its initial price.

The impressive performance in the market ranks Oryen Network among the top ten DeFi coins to buy in 2022, according to Business2Community.

More analysts reveal that the DeFi project’s performance is down to the groundbreaking features that set it apart from the likes of Solana and Fantom.

The Oryen Autostaking Technic (OAT) is a pristine decentralized financial protocol that makes it easier for users to stake. OAT is an auto-staking feature that works on three simple rules; buy, hold and earn.

Moreover, the auto-stake feature makes it easier for investors to buy ORY tokens. Afterward, investors can earn rebase rewards directly to their wallets by holding the tokens.

Oryen Network makes the process even simpler by introducing a positive rebase formula. The rebase formula helps in daily token distribution that directly links with the daily rebase rewards.

The current market is highly volatile for investors. Thus, Oryen Network introduces a risk-free wallet to users. The RFV acts as a cushion while bringing stability during harsh market conditions. Furthermore, the treasury has a separate wallet for collecting funds for supporting and stabilizing its liquidity pool.

Solana (SOL)

Solana is a high-performance blockchain that works with thousands of developers, creators, and artists. The platform provides an open and scalable infrastructure for developing decentralized applications.

It is an open-source project under the Solana Foundation in Geneva. The main objective behind Solana is boosting throughput through innovative blockchains at cheaper costs. SOL acts as Solana’s native utility and governance coin. SOL plays an integral role in operating and maintaining the ecosystem.

Bottom Line

As Oryen Network’s presale performance continues to soar, its momentum is more likely to peak in 2023. As a result, most crypto analysts are placing it at the top of the crypto market, unlike Solana and Fantom.

Learn more here:

Join Presale: https://presale.oryennetwork.io/register

Website: https://oryennetwork.io/

Credit: Source link

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Tags: FantomNetworkOryensoarsSolanaStruggle
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