Being constantly developing in the crypto market goes hand-in-hand with being at the forefront of innovation. In this day and age, it is essential to stay ahead of the competition if you want to be successful.

That’s where Snowfall Protocol (SNW) comes in. This platform offers a better experience than Solana (SOL) and Cardano (ADA). So what makes Snowfall Protocol (SNW) so special? Read ahead to find out.

Cardano (ADA) to Expand to Web3

Cardano’s (ADA) community is keen to join the Web3 movement as improvements in this area have been happening quickly. Thus, Cardano (ADA) is making strategic buys in the Web3 ecosystem: to increase its presence. EMURGO, Cardano’s (ADA) commercial arm, has made investments in OAK Network and SubQuery protocol to broaden the blockchain company’s presence in the Web3 ecosystem. The business claims that the OAK Network Web3 solution can make the Cardano (ADA) blockchain more efficient. The automation and interoperability of the OAK Network also have the potential to increase productivity on the Cardano (ADA) network. The Cardano (ADA) blockchain development team has been diligently working to improve network efficiency in a number of areas where it currently falls short. However, despite the positive attention the cryptocurrency has been getting, the price of Cardano (ADA) dropped significantly in December. Furthermore, experts predict that Cardano (ADA) could decline more in 2023 if it fails to succeed with such initiatives.

Solana (SOL) in Danger after DeGods Announces to Depart

Within the next few days, Solana (SOL) would say goodbye to two further NFT collections. DeGods and y00ts, two widely-read NFT collections, announced on Monday that they would be moving away from Solana (SOL) entirely, in the first half of 2023. The two sets are among the three most popular Solana (SOL) NFTs on OpenSea by trade volume. DeGods had approximately 2.2 million SOL in volume during the past days, while y00ts reached 1.7 million SOL. As a result, Solana (SOL) would suffer greatly from the departure. Now that collections like DeGods and y00ts have declared they will be leaving the Solana (SOL) network, its survival is in doubt. Despite recent recovery, the price of Solana (SOL) remains on a downward trend, especially after the DeGods announcement, threatening to drop below the $10.94 monthly low. The current price of Solana (SOL), at $11.24, is 96% lower than its all-time high of $259.56.

Snowfall Protocol (SNW) Gains over 400%

Snowfall Protocol (SNW) is the first decentralised platform to support the transfer of fungible and non-fungible tokens across several blockchains. Snowfall protocol (SNW) will allow users to move assets and data between Ethereum, Bitcoin, and other blockchain networks in a secure, trustless, and timely manner. Snowfall Protocol (SNW) has seen a 250% gain in value from phase 2 to its current market price of $0.14, and 400% from the first phase. Snowfall Protocol (SNW) is gaining popularity, not just because of its cutting-edge technology, but also because of the announcement of a prototype of its decentralised application.

In addition to its meteoric rise in value, Snowfall Protocol (SNW) has already sold over 200 million tokens, making it one of the most successful cryptocurrencies ever. Thus, Snowfall Protocol (SNW) is the best token to invest in despite the volatile market. As per experts, there is a probability of a 1000x increase following Snowfall Protocol’s (SNW) official launch in January 2023.

Get in while you can and invest in Snowfall Protocol (SNW) today!!!

To learn more about Snowfall Protocol, visit: Presale, Website, Telegram, Twitter.

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Nonfungible token (NFT) firm Dust Labs is migrating its two top-performing Solana NFT projects — DeGods and y00ts — onto Ethereum and Polygon in a bid to expand their adoption. 

The news was announced on DeGods and y00ts Twitter page on Dec. 25, with both NFT projects expected to be officially bridged onto Ethereum and Polygon respectively in the first quarter of 2023.

Rohun Vora — the creator of DeGods and y00ts who is known by the alias Frank III — said the decision was made to “explore new opportunities” and to allow for the continued growth of the collection. The move will also see the DUST token — used to buy, sell and mint NFTs on the DeGods ecosystem — also be bridged onto Ethereum and Polygon.

It’s just the beginning. pic.twitter.com/F3vxzXQAOy

— Frank III (@frankdegods) December 25, 2022

Vora confirmed that two NFT projects will still remain on Solana for the time being, and in a separate post responding to a Twitter user, confirmed that the bridge/migration will be owner “opt-in.”

During a Dec. 26 Twitter spaces, Vora explained to 66,000 listeners that it was simply a matter of getting the NFT projects on the platforms that he sees will drive the next wave of NFT adoption.

In his reasoning, he made parallels to the intense battle for intellectual property (IP) between streaming services such as Netflix, Disney Plus and HBO Max — suggesting that the streaming service that secures the best IP will ultimately win the lion’s share of viewers, which then attracts better projects.

“They’re trying to get the best IP on their streaming services because that IP is ultimately going to drive the growth on that platform.”

“Once you get enough IP on the platform it becomes a virtuous cycle, people want to be on Netflix because that’s just the brand and the place to be,” he added.

He said a similar battle is playing out between different blockchains that are trying to build the best NFT platforms, noting that as NFTs are driven by attention, there is an opportunity for “virtuous cycles” that would create a network effect for NFT projects.

From there, “the metrics, the volume and the liquidity will follow that,” he added.

Vora said his bullish view on Polygon for NFTs was influenced by the fact that Disney, Adidas, Nike and Reddit chose Polygon as their NFT platform of choice.

Vora also said that he had received grant offers from many other platforms, most of which were much larger than what was offered by Polygon, but Polygon provided y00ts with the best opportunities moving forward.

“Polygon by far was one of the lowest, if not the lowest in terms of dollar value, but we went with Polygon because we see a lot of opportunity on a strategic level and that’s what excites me and should excite you holders more than anything.”

Related: Solana TVL drops by almost one-third as FTX turmoil rocks ecosystem: Finance Redefined

The news has only added to the growing list of concerns for Solana, which has seen the total value locked (TVL) on the ecosystem fall 97.88% from a peak of $10.17 billion to $215M at the time of writing, according to decentralized finance data aggregator DefiLlama.

Solana co-founder Anatoly Yakovenko shared his “bittersweet” feeling on the news that the NFT projects would no longer “100% focus on Solana” to his 223,600 Twitter followers on Dec. 26, but accepted the “reality” that these projects want to expand their reach.

But controversial figure Ben “Bitboy” Armstrong and a fair share of his 1 million Twitter followers weren’t so optimistic on Solana’s future, with 70% of 11,881 voters in a poll voting “Yes” to “Is Solana dead.”

Let’s check the temperature on #solana now that the top 2 NFT projects are leaving $SOL.

Is Solana dead?

— Ben Armstrong (@Bitboy_Crypto) December 26, 2022

According to DappRadar, both the y00ts and DeGods NFT collections are ranked first and second in  terms of fiat transaction volume on Solana over the last 30 days.