Both Solana and Cardano are layer-1 protocol projects which have been pitched as “ETH-killers” — meaning they could take Ethereum’s (ETH) crown as the market leader in the space. However, those looking for the highest returns might be skeptical of both projects, which could explain why many have been switching over to a newcomer — Orbeon Protocol — that solves a different problem and has just entered the second stage of its presale with a recorded 525% price increase.
Orbeon Protocol is disrupting the venture capital and crowdfunding industries, by providing an efficient way for businesses to seek capital — and for everyday investors to take part in funding them, from as little as $1.
Orbeon Protocol functions as a decentralized investment platform that allows startups to fundraise by minting and issuing their own equity-backed NFTs, which are then fractionalized for purchase by investors. This allows businesses to forego the difficulties of traditional venture capital investment and instead achieve their funding goals through all sizes of investors — building a dedicated community in the process.
All this is reliant upon the ORBN utility token, offering a host of other benefits to holders, such as access to exclusive private investor groups, as well as voting rights on governance for the platform. As if that wasn’t enough, ORBN also provides trading discounts and cashback. The token has a supply of just 888 million and 40% of tokens are available during the public presale.
ORBN has also seen a 525% increase in price since the start of presale, rising from $0.004 to $0.021 by stage two. Investors are understandably excited about the future of this industry disruptor.
Solana has seen troubles of late; Sam Bankman-Fried’s fall from grace has revealed that FTX had been responsible for many major trades of Solana’s native token, SOL. Solana has also seen significant downtime as a result of technical issues causing a slowdown of transactions — not the signs of a protocol that is ready to take on traditional payments.
Despite these issues, Solana remains popular, with an active development scene. It’s hard to see how, though, Solana would be able to set itself apart from the other layer-1 protocols, which could result in the price staying relatively flat for a long while still.
Cardano is another layer-1 protocol that has a passionate fanbase, despite the project experiencing significant delays in releases as a result of the ‘slow and steady’ approach Cardano takes to its development. Each cryptographic innovation on the Cardano platform is peer-reviewed, which does build trust that may in turn enable enterprise adoption.
Cardano has not seen the levels of growth predicted by the founder, Charles Hoskinson, and although its challenges are quite different to Solana, Cardano does not yet show signs of a significant uplift in adoption — and the price of Cardano’s native token, ADA — on the horizon.
With Orbeon Protocol representing such an incredible opportunity, and both Solana and Cardano seeing some signs of slowed adoption, it’s no wonder that savvy investors are picking Orbeon Protocol as a surefire way to generate higher returns. The project has so much potential, in fact, that market analysts have already issued forecasts that the token value of ORBN could even rise as much as 6000% throughout the presale.
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