Cryptocurrency is in the news again and for a very good reason.
The recent rise of Bitcoin (BTC) and Ethereum (ETH), with the former surging past $47,500 has led the market in the right direction.
With Solana (SOL) and Cardano (ADA) going strong and the ongoing presale success of Seesaw Protocol (SSW), the present and future of the crypto market look to be in very good hands.
Seesaw Protocol (SSW) continues its strong presale
Launching its presale in mid-January, Seesaw Protocol (SSW) has already achieved notable successes as it recently entered its third presale on March 25th.
A growth of over 2300% since the beginning of its presale in January is a remarkable achievement for the project for which this is just the beginning of its journey in the cryptocurrency market.
With the price of SSW starting at $0.005 at the beginning of the presale, the mega growth of the project has seen the value of the token explode to $0.16980, with chances to further rise.
As a fully decentralised multi-chain platform, Seesaw Protocol (SSW) look to solve an interoperability issue that is currently affecting the cryptocurrency industry today.
With plans to enable the transfer of tokens between the blockchains of Polygon (MATIC), Ethereum (ETH), and Binance Smart Chain (BSC), Seesaw Protocol will allow its users to choose the blockchain they want their transaction to travel on giving them the ability to choose the cheapest and fastest blockchain possible.
This would effectively get rid of the issue of exorbitant gas fees users are sometimes forced to pay for the confirmation of a transaction.
With SSW still projected to rise between $0.20 and $0.25, that would spell a rise of over 3000% since the launch of the presale.
Cardano (ADA) is the big mover in the market today
An impressive 51.1% rise in the last 14 days for Cardano (ADA) is a welcome boost for the project that has experienced a 60.7% decline since reaching its all-time high of $3.09 in September 2021.
Cardano had the biggest rise in value in the past 24 hours (2.70%) among the likes of Bitcoin, Ethereum, XRP (XRP), Dogecoin (DOGE) and Binance Coin (BNB).
As a proof-of-stake (PoS) blockchain network that prioritises sustainability, scalability and interoperability, Cardano has long been labelled as a rival to Ethereum, which use a proof-of-work (PoW) consensus mechanism that provides slow transaction speeds and expensive gas fees.
Ranked as the seventh biggest cryptocurrency in the world, according to data from CoinMarketCap, Cardano (ADA) has amassed a market cap of over $41 billion and is closing in on the sixth-ranked XRP.
Solana (SOL) makes its return to the big-time
It’s been a high-yielding period for Solana (SOL) whose price has risen by 37.7% in the past 14 days, at this time of writing.
Founded in 2017 and launched in 2019, Solana is a blockchain network that supports both smart contracts and decentralised applications (dApps) as well as non-fungible tokens (NFTs).
Like Cardano, Solana boasts scalability and sustainability and boasts a theoretical throughput of 65,000 transactions per second (TPS) with very minimal gas fees.
Solana is ranked as the ninth biggest cryptocurrency in the world, according to data from CoinMarketCap, and while SOL is trading at $111.75, at this time of writing, some analysts have predicted Solana to reach $158 by the end of 2022.
Enter Presale: https://presale.seesawprotocol.io/register
Website: https://seesawprotocol.io/
Telegram: https://t.me/SEESAWPROTOCOL
Twitter: https://twitter.com/SEESAWPROTOCOL
Instagram: https://www.instagram.com/seesaw.protocol
This article does not necessarily reflect the opinions of the editors or management of EconoTimes
