While most cryptocurrencies have continued to recover from the 2022 dip and trade in the green, Solana (SOL) and Stacks (STX) have lagged in consolidation. This has created anxiety among SOL and STX holders, prompting some to seek alternative cryptocurrency investments. TMS Network (TMSN) has emerged as one of the most popular bets among savvy investors due to its unique utility offer and market performance.
TMS Network (TMSN) is a new DeFi platform that aims to redefine decentralized trading. TMS Network (TMSN) allows users to trade all derivatives in a completely decentralized environment using crypto payments. The platform utilizes the power of blockchain technology to address concerns such as high trading fees and price manipulation in the current trading scene.
TMS Network (TMSN) has quickly gained popularity among DeFi users and investors due to its innovative approach to decentralized trading. The platform’s ongoing presale campaign has been a defining feature of its success, breaking one all-time high after another. The campaign has impressed investors with a more than 2000% rally and over $5 million raised in just a little over two months. If the platform maintains its current performance, market analysts predict it will easily rank among the top 100 cryptos by market cap.
Solana (SOL): The Underperforming Giant
Solana (SOL) is a layer-1 blockchain that was launched in 2020. Solana (SOL) was created as a faster, more scalable alternative to Ethereum. Solana claims a transaction rate of 50,000 transactions per second (TPS). Despite this impressive advantage over Ethereum, Solana (SOL) has failed to live up to the “Ethereum-Killer” praise it received during its early days. Solana (SOL), which is currently trading around $20, has dropped over 90% from its all-time high. As a result, many SOL holders have lost hope and sold their tokens.
One of the main causes of Solana’s decline is the network’s frequent failures. Solana has seen five significant outages since 2021. The network experienced a network outage that lasted more than 17 hours in September 2021.
Solana’s (SOL) incompatibility with Ethereum is also a concern. Ethereum is the hub of DeFi activity. Most investors prefer Ethereum dApps for their efficiency and security. Users that are forced to choose between Solan (SOL) and Ethereum (ETH) owing to incompatibility easily pick Ethereum.
Stacks (STX): Smart Contracts for Bitcoin
Stacks (STX) is a crypto project that aims to unleash the full potential of the Bitcoin blockchain by introducing smart contract technology and decentralized apps to the network. Stacks (STX) was originally known as Blockstack but was rebranded to Stacks in 2020.
Stacks (STX) is a layer-2 network that runs on Bitcoin as its base layer. Stacks (STX) can provide DeFi activities while benefiting from Bitcoin’s superior security. The platform is powered by the Stacks (STX) token. The STX token processes transactions, and powers the execution of smart contracts and registration of new digital assets on the platform. While the idea behind Stacks (STX) is revolutionary, the platform still falls behind. Stacks (STX) is up against more known DeFi platforms such as Ethereum (ETH) and Polygon (MATIC). These command a larger and more devoted following of DeFi users.
TMS Network (TMSN): A Novel Approach to Decentralized Trading
TMS Network (TMSN) differs from standard decentralized trading platforms in several ways. The platform features AI-powered strategy builders, on-chain analytics tools, MT4-5 compatibility, a social trading network, and trading signals. These all work together to provide users with a seamless and profitable trading experience.
TMS Network (TMSN) has proven its worth in utility and market performance. The platform has positioned itself ahead of the competition, and we can anticipate it to benefit greatly as DeFi adoption grows.
Follow the links below for more info:
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io