Solana (SOL) NFT’s demand shows minimal benefit for investors while the token is trading at a price drop of 5.62% within a day

Solana's (SOL) NFT sales have significantly increased by 40.66% in the past few days. But the boost in NFT sales has not translated into a rise in the Solana (SOL) token’s price. Crypto analysts have observed that Solana (SOL) has remained relatively stagnant for a while now. It has led some to speculate that the NFT market does not impact the overall Solana (SOL) cryptocurrency market.

Additionally, analysts pointed out a decreased number of unique buyers for Solana (SOL) NFTs. The report suggests there was a decline of 86% of new Solana (SOL) token buyers compared to previous data. It could be due to the casino aspect of the non-fungible token market, where traders are moving their assets from the more established projects like Solana (SOL) to the newer ones. Another reason could be that some Solana (SOL) traders are simply cashing out their assets.

Thus, it is not a good time to invest in Solana (SOL). Currently, the token is trading at a live price of $17.43.

Cardano (ADA) showcases network developments yet fails to impress users with a low token price of $0.3104

Cardano (ADA) released a new version of the layer-2 scaling solution named Mithril. It aims to reduce congestion and Cardano (ADA) network fees. However, this promising update hasn’t benefited users as expected. Cardano (ADA) token is still struggling to gain upward momentum. It has led network users to speculate that market conditions or competition may contribute to the failed upgrade in Cardano (ADA) token’s value.

The prime aim of the Cardano (ADA) developer community is to reduce node synchronization time. Thus, they hope the new Mithril version will improve node syncing time's efficiency and speed across the Cardano (ADA) network. It will use the existing network to provide certified snapshots of the Cardano (ADA) blockchain state. Community members have supported this new development but are still dissatisfied with the price growth. Cardano (ADA) is currently trading at $0.3104, and has yet to cross the $1 mark.

TMS Network (TMSN) rises above investors' expectations despite bearish market

TMS Network (TMSN) is a new crypto project, which is in its infancy phase. There's no other blockchain-based platform that has the same features as TMS Network (TMSN). It enables users to trade traditional assets via cryptocurrencies. The unique working framework of TMS Network (TMSN) has gained immense support from investors, despite the bearish market conditions. TMS Network (TMSN) serves as a unified decentralized blockchain network that uses smart contracts to execute stock, equity, CFDs, and Forex transactions, without the need for fiat payments. It has a robust infrastructure, charges low transaction fees, and offers faster transaction times.

TMS Network (TMSN) token holders earn fixed commissions on their trading volume across the platform. Thus, users who trade more on TMS Network (TMSN) will earn more. It makes the platform convenient for investors who want consistent passive income. The current TMS Network (TMSN) presale event also provides 20% bonus offers for new investors. Currently, one can get the token at $0.038, which is expected to provide multiplied returns with the increase in TMS Network (TMSN) users.

For more information on TMS Network (TMSN) please see the links below: