Solana’s Market Frenzy Fuels Transaction Boom, Chainlink Contender Catches Whale Eyes
In Brief
With steady growth rates that are attracting users globally, Solana, Chainlink, and InQubeta are the best crypto investments that people can find in today’s market. The three tokens are bringing new users to the DeFi ecosystem with their practical features and user-friendly frameworks
Solana (SOL) has emerged as the new king of the meme coin world as meme-based tokens drive its adoption to new heights. Spurred by the rollout of multiple meme coins on Solana, the blockchain saw its transaction volume cross $1 trillion — a multi-year high — in January. The rise in on-chain activity and adoption has made Solana one of the best altcoins to buy now.
Another altcoin that has been grabbing headlines in the crypto-verse is InQubeta (QUBE). The platform connects AI startups in need of funds with investors. Through InQubeta, crypto users can invest in AI-focused innovations and own a small part of a startup’s equity.
Given the attention it has been getting from market whales, analysts suggest that it can soon overpower top names like Chainlink (LINK).
InQubeta: Leading the next crypto rally with an AI-centric platform
InQubeta is a crowdfunding platform that creates a level-playing field for AI startups and helps them scale globally. Its native cryptocurrency, the QUBE token, facilitates all investment deals, payments, and rewards within the InQubeta network.
The Ethereum-supported platform has made its way to analysts’ lists of recommended presales with its ICO gains. Till now, the InQubeta ICO has raised over $12.7 million.
Startups facing a fund crunch can submit their investment proposals which are screened by the InQubeta team. If approved, they are minted into NFTs and sold at the platform’s NFT portal. QUBE token holders can purchase these NFTs for a stake in the startup.
After receiving the funds, startups can move on to grow their projects with the business development services offered by InQubeta. They can seek advice on financial and accounting issues from a hand picked team of advisors.
By using InQubeta to connect with experienced professionals, enterprises can get in touch with potential mentors who can help them with their insights about the AI industry.
A key reason why the QUBE token is considered a good crypto to buy for all kinds of users is its deflationary model. The feature can shield a portfolio from the impact of inflation and market volatility to keep returns stable.
Whenever the markets are tanking, the deflationary mechanism restricts the availability of the asset and creates a supply gap. The scarcity pulls up the asset value and demand by putting a brake on price fluctuations.
Solana Foundation leads seed funding round for Elixir Games
Solana is a blockchain network supporting high-speed deployment of dApps and other Web 3.0 infrastructure.
Its native token, SOL, hit a new milestone in January after its transactional volume crossed $1 trillion. The development shed light on the growing acceptance of Solana and its journey to become one of the best crypto investments in the world.
The blockchain has also been exploring new avenues to ramp up its global presence. The Solana Foundation recently participated in a $14-million seed funding round for Elixir Games. The funds will be used for expanding Elixir Games’ launchpad and incubation program.
Chainlink joins hands with OpenZepplin
Chainlink is an interoperable communication protocol that facilitates the deployment of dApps and other decentralized solutions. Powered by an oracles-based network, the protocol has a native token called LINK.
Chainlink has cemented its position among the top crypto coins with a host of partnerships. Recently, it was in the news because of its partnership with OpenZepplin, a decentralized platform for deploying, auditing, and monitoring smart contracts.
As per reports, the partnership aims to make the Web 3.0 ecosystem more secure. The collaboration would enable ‘Chainlink Build’ program members to harness the features of OpenZepplin while developing dApps.
Conclusion
With steady growth rates that are attracting users globally, Solana, Chainlink, and InQubeta are the best crypto investments that people can find in today’s market. The three tokens are bringing new users to the DeFi ecosystem with their practical features and user-friendly frameworks.
Analysts also suggest that the altcoins’ performance has had a lot to do with their recent achievements. The SOL token witnessed greater traction after reports of Solana Foundation investing in Elixir Games made it to news bulletins. Chainlink also clocked broader investor interest following its collaboration with OpenZepplin.
In the case of InQubeta, the lead cause of its success is the fascination of the crypto community with a future-looking cryptocurrency. By allowing the average crypto user to participate in an AI revolution, the platform helps them stay ahead of the curve while staying financially independent.
Disclaimer
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About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
