Non-fungible tokens (NFTs) have been the talk of the town in the crypto space, but recent trends have shown a slump in Ethereum-based NFT sales. The spotlight appears to be shift, however, to Solana (SOL) and Cardano (ADA) as their NFT sales soar – indicating a growing preference for alternative blockchains. Over in the DeFi space, TMS Network (TMSN) has also caught the attention of investors with its exceptional growth, already in the third phase of its presale.
With the problems faced by the Ethereum network, networks such as Solana (SOL) have seen a resurgence. But, what is it and why is it a threat to Ethereum? Solana (SOL) is a high-performance blockchain platform that provides a fast, secure, and scalable platform.
With its unique features and technological advancements, Solana (SOL) has gained significant attention in crypto and is well-positioned to benefit from the growing interest in the NFT space.
Solana (SOL) utilizes a combination of a Proof of History (PoH) consensus mechanism and a Tower Byzantine Fault Tolerance (TBFT) consensus algorithm, to achieve high scalability. This allows it to process thousands of transactions per second, enabling an incredibly satisfying user experience.
Low transaction costs are another way Solana (SOL) could take market share away from Ethereum. Its architecture is designed to minimize transaction fees, making Solana (SOL) cost-effective for users and developers, which is particularly crucial for the burgeoning NFT market.
Cardano (ADA) is another blockchain that has gained from Ethereum’s problems. Cardano (ADA) also provides a secure and scalable infrastructure for smart contracts and dApps. With a strong focus on academic research and peer-reviewed development, Cardano (ADA) offers several notable features that make it an attractive choice for NFT developers.
The Proof-of-Stake (PoS) consensus mechanism that Cardano (ADA) utilizes is called Ouroboros. It allows Cardano (ADA) holders to participate in the network’s security and consensus protocols.
Even better, it’s energy-efficient and makes Cardano (ADA) more sustainable compared to the energy-intensive proof-of-work (PoW). And although Ethereum is no longer PoW, it’s telling that Cardano isn’t facing the same operational issues.
TMS Network (TMSN)
The uptick in both Solana (SOL) and Cardano (ADA) shouldn’t be overlooked, but with a mindblowing 1700% ROI for TMS Network (TMSN) investors, it only goes to show that newer coins frequently offer the best returns, even when the going is good for established cryptos.
Although still only in phase 3 of its presale, TMS Network (TMSN) stands out from other exchange designs, thanks in part to its artificial intelligence integration. By leveraging AI, TMS Network (TMSN) will empower traders with advanced tools that aren’t available elsewhere.
A prominent AI feature offered by TMS Network (TMSN) is the Emotions Analyzer AlertTM. This powerful algorithm analyzes traders’ decision-making, helping them identify potential errors or emotional decisions. This allows traders to make more rational choices, ultimately improving their trading performance and, of course, earnings.
Another AI tool available on the TMS Network (TMSN) is the AI Trading Plan BuilderTM. This feature analyzes traders’ behaviors and decision-making patterns. With this valuable information, the platform generates personalized trading plans that align with individual trading styles, ultimately allowing users to achieve more consistent results.
These are just a select few of the standout features of TMS Network (TMSN), and the best thing is it’s still available at reasonable prices that investors can get in on before it goes on sale to the general public, with the potential for a huge surge upwards.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.