Cardano And Solana On The Rise As Tradecurve Looks To Take The Crypto World Head On With 150% Pump

Crypto projects with high and long-term growth potential are considered hot investment assets, but they are few in number. One such rare project is Tradecurve (TCRV), which reports skyrocketing growth rate. Interestingly, Cardano (ADA) and Solana (SOL) have also seen positive growth but some holders are looking to Tradecurve as an interesting opportunity.

Some traders believe that Tradecurve could grow in the coming years since its presale growth rate is more than that of Binance and other crypto exchanges; hence its tokens are getting sold out quickly. 

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Cardano (ADA) Launches Hydra Head On Mainnet

Cardano (ADA) has launched several new functionalities in 2023, and the latest update is the biggest of them all. Recently, the Cardano network launched its scaling protocol, Hydra, on its mainnet. Hydra is a Layer-2 protocol that aims to make Cardano more adaptable and scalable. 

Since the first Hydra head is out on the mainnet, the Cardano community is excited about the development. They believe that the latest development can create a bullish environment around the Cardano blockchain, which has witnessed a fall over the last few weeks. 

The market value of Cardano has nosedived by 3% in the past week. Thus, Cardano is trading at $0.40.

Solana (SOL) Surpasses Ethereum In Monthly Active Addresses

Solana (SOL) recently achieved a major milestone in terms of the number of transactions on the network. According to the latest data by Nansen, the Solana network was able to secure the second rank in the list of blockchains with the most active addresses in April. 

Notably, the number of monthly active addresses on the Solana network was more than that of Ethereum and Polygon, reaching 5.1 million in April, second only to BNB Chain, which registered 10.9 million addresses. 

Subsequently, the price of Solana has also witnessed an increase of 4% in the past month. Currently, Solana is available to trade at $21.73. However, some experts are worried about the network capacity of Solana, which has faced outages many times in the past.

Tradecurve (TCRV) Presale Success Attracts The Entire Crypto World

With the fall of FTX, and the US regulators accusing Binance of mishandling users’ funds and data, traders have become apprehensive of existing crypto exchanges. Besides, people have long been waiting for a trading exchange that supports cryptocurrencies as well as other assets. Now, they have found a savior in Tradecurve (TCRV).

Tradecurve is a blockchain-based crypto exchange that supports the trading of various assets, including cryptocurrencies, equities, options, ETFs, and others, with a single account. 

The global equity market is currently valued at $111 trillion, and the crypto market is valued at $1.2 Trillion; so, tapping even a tiny portion of it will be enough to make fortunes. Therefore, some investors are betting big on Tradecurve.

For the platform, users’ privacy is of utmost importance. Hence, it uses DeFi capabilities to ensure the anonymity of traders. Holders of the platform’s native token, TCRV, will get several benefits, including exclusive deposits, discounts on transaction fees, and many more perks.

VIP account service is also available on the exchange, in addition to access to the over-the-counter derivatives market, which rose to $632 trillion last year.

Tradecurve has begun its initial coin offering at $0.025, which the team predicts to increase by 80x during the presale, and 100x after getting launched on Uniswap and multiple CEXs. 

Some traders expect the project will raise over $20 million during its presale, and can onboard more than 100,000 clients within the first three months of its launch. 

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This post was authored by an external contributor and does not represent Benzinga's opinions and has not been edited for content. This contains sponsored content and is for informational purposes only and not intended to be investing advice. Cryptocurrency is a volatile market; do your independent research and only invest what you can afford to lose. New token launches and small market capitalization coins are inherently more risky than large cap cryptocurrencies. These tokens are subject to larger liquidity and market risks.