Capturing the attention of investors is difficult in the crypto market, which is flooded with projects. However, Tradecurve (TCRV) has not only grabbed the attention of investors but also secured millions of dollars in presale investments. On the contrary, long-standing projects like Solana (SOL) and Stellar (XLM) are losing their loyal investors. Let’s see what has caused this trend.
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Solana (SOL) Increases Efforts on Firedancer
To improve the scalability of its network, Solana (SOL) is working on developing Firedancer, which will be its second validator client. With this development, Solana aims to bring down its latency times, and make the network more conducive for DeFi applications.
According to on-chain analytics firm Messari, this development will reduce Solana’s latency times to 400-500 milliseconds. However, Solana has become unstable and fragile after the SEC described SOL as a security in its lawsuit filed against Binance and Coinbase. This has come as a major blow to the price movement of Solana.
The exchange value of Solana has dropped by 10% since the SEC lawsuit. As a result, Solana is currently changing hands at $18.70.
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?Join The Presale: https://t.co/uXZ4W6G6RE#presale https://t.co/x3E5eH5qGr pic.twitter.com/DB5Q7uj7Ud
— Tradecurve (@Tradecurveapp) July 22, 2023
Stellar (XLM) Tumbles Amid Fierce Competition
A few weeks ago, Stellar (XLM) hit the headlines after it became the first public blockchain to host a US-registered fund, FOBXX (Franklin OnChain US Government Money Fund). Since then, Stellar (XLM) has become dormant, with its price moving southward. Stellar has not launched any major update or undertaken any significant development activity in recent weeks.
Subsequently, Stellar’s market value has nosedived by 5% in the last seven days. Now, a Stellar token is available to purchase at $0.0874. According to experts, the ongoing bearish market sentiments have prevented Stellar from moving upward.
The growing prominence of Ripple in the CBDC (Central Bank Digital Currency) sector has also posed a market challenge to Stellar.
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Tradecurve Leads Market Bulls to Big Profits
The profitability of cryptocurrencies can be understood by the fact that the price of Bitcoin has soared by more than 200,000% since 2013. This massive and attractive growth potential has encouraged millions to start trading cryptos, causing an increase in the demand for exchanges.
It is an all-in-one decentralized trading platform enabling traders to trade several assets through a single interface, without fiat payments. As traders are more conscious about their privacy, they are becoming wary of centralized exchanges like E-trade and Coinbase, which request sensitive user information.
Hence, Tradecurve has become a market favorite, as it does not have any KYC checks. It has also implemented 2FA security and DeFi capabilities to ensure the protection of traders.
Presale stage 3 of TCRV is live, and a token is now available at $0.025. The project is expected to grow by 80% in the coming weeks.
For more information about the Tradecurve (TCRV) presale:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
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