Despite being a powerful and versatile layer 1 blockchain platform, Ethereum's scalability challenges, particularly its highly congested network, slow confirmation times, and high transaction fees, have made Sui (SUI) Other networks such as Toncoin (TON) and Toncoin (TON) have started targeting the platform. Meanwhile, ETFSwap (ETFS) begins a 10,000% rally.
Toncoin (TON) suddenly rises to the top 10 virtual currencies
According to data from CoinMarketCap, TON has significantly increased in price to $6.65 with a daily price increase of 13%, reaching a market cap of $23 billion and becoming the 9th largest cryptocurrency by market cap as of April 9th. Ta.
Over the past month, Toncoin’s price trend has significantly outperformed Ethereum (ETH). TON rose 130% while ETH fell -5.61%. Its rise was boosted by the news that the Telegram Messenger app has adopted cryptographic technology and recently moved network payments for advertising services from euros to his TON. This has seen the number of his active TON blockchain wallets jump to 1.65 million in the last month.
However, as of this writing, Toncoin (TON) is trading around $5.74, below its all-time high of $7.6 in early April. Concerns from retail investors about Toncoin token circulation have led to a significant 28.52% decline in 24-hour trading volume, and traders' interest in the cryptocurrency has also declined.
CoinCarp data reveals that well over 60% of Toncoin is held by 10 large holders, with the 100 richest holders owning 93% of the total supply. I did. This has led to growing sentiment towards the ETFSwap (ETFS) platform among investors seeking a more secure environment that fosters optimal trading practices.
Sui (SUI), hijacking of assets bridged from Ethereum (ETH) increases
Cross-chain messaging platform Wormhole has data showing that over $500 million in assets were bridged from Ethereum to other blockchains, with the SUI blockchain receiving almost 64%, or $310 million. provided.
Last December, Sui reached a milestone by reaching 6,000 transactions per second (TPS) and generating 13.8 million blocks. This performance positions Sui better than blockchains like Ethereum (ETH), where such increased traffic volumes typically lead to increased gas fees. However, Sui managed relatively low gasoline prices during this period of intense activity.
According to data from DeFiLlama, the total amount of capital locked in Sui has nearly tripled since the beginning of the year, from $211 million to a whopping $593 million. The increase in the total value locked on the SUI blockchain indicates relevance among market participants.
The SUI token has seen a significant price increase, rising 131% during the same period, trading at $2.17 in March this year. However, it remains to be seen whether SUI can maintain its momentum. Allegations of token supply manipulation by the founders in October last year still linger, and they deny the allegations.
ETFSwap (ETFS) maintains momentum and attracts more investors with 10,000% rally
Despite the volatile price movements of various cryptocurrencies over the last month, investors are encouraged by continued large inflows into ETFSwap (ETFS). ETFSwap (ETFS) is an institutional ETF trading and ETF management platform that provides investors with access to smart contracts audited by Cyberscope, revealing the impeccable security of the underlying infrastructure.
The platform also provides access to a highly liquid asset class of tokenized institutional ETFs with up to 10x leverage for long and short options trading across all listed ETFS . This allows users to maximize their trading profits by up to 1,000%.
So, if you are an investor looking to maximize your profits, now is the time to take advantage of the opportunity to earn passive income through buying and staking ETFS, ETFSwap's native token, and earn up to 87% annually ( APR) Yield.
With crypto investors taking advantage of the affordable price of $0.00854, the platform managed to sell out over 50 million tokens in stage 1 of the pre-sale alone. However, pre-sale stage 1 is quickly selling out, with high demand demonstrating strong belief in the platform's 10,000% profit potential.
For more information on the ETFS presale, please see below.
Access ETFSwap Presale
Join the ETFSwap community
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of the Times Tabloid and is not intended to be used as legal, tax, investment, or financial advice.
