Home AI Cardano (ADA) Invests in Major Web3 OAK Network and SubQuery Network Initiatives, DeGods and y00ts to Say Goodbye to Solana (SOL), Snowfall Protocol (SNW) Hits New Price Milestone

Cardano (ADA) Invests in Major Web3 OAK Network and SubQuery Network Initiatives, DeGods and y00ts to Say Goodbye to Solana (SOL), Snowfall Protocol (SNW) Hits New Price Milestone

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Cardano (ADA) Invests in Major Web3 OAK Network and SubQuery Network Initiatives, DeGods and y00ts to Say Goodbye to Solana (SOL), Snowfall Protocol (SNW) Hits New Price Milestone

Source: news.google.com

Place/Date: – December 30, 2022 at 4:57 am UTC 3 minute read
Source: Snowfall Protocol

Cardano (ADA) Invests in Major Web3 OAK Network and SubQuery Network Projects, DeGods and y00ts to Say Goodbye to Solana (SOL), Snowfall Protocol (SNW) Hits New Price Milestone

Being in constant development in the cryptocurrency market goes hand in hand with being at the forefront of innovation. Today, it is essential to stay ahead of the competition if you want to succeed.

That’s where Snowfall Protocol (SNW) comes in. This platform offers a better experience than Solana (SOL) and Cardano (ADA). So what makes Snowfall Protocol (SNW) so special? Read below to find out.

Cardano (ADA) to expand to Web3

The Cardano (ADA) community is eager to join the Web3 movement as improvements in this area have been coming quickly. Therefore, Cardano (ADA) is making strategic purchases in the Web3 ecosystem: to increase its presence. EMURGO, the commercial arm of Cardano (ADA), has made investments in the OAK Network and the SubQuery protocol to expand the blockchain company’s presence in the Web3 ecosystem. The company claims that the OAK Network Web3 solution can make the Cardano (ADA) blockchain more efficient. The automation and interoperability of the OAK Network also has the potential to increase productivity on the Cardano (ADA) network. The Cardano (ADA) blockchain development team has been working diligently to improve the efficiency of the network in a number of areas where it currently falls short. However, despite the positive attention the cryptocurrency has received, the price of Cardano (ADA) fell significantly in December. Furthermore, experts predict that Cardano (ADA) could fall further in 2023 if it is not successful with such initiatives.

Solana (SOL) in jeopardy after DeGods announces his departure

In the coming days, Solana (SOL) would say goodbye to two more NFT collections. DeGods and y00ts, two widely read NFT collections, announced on Monday that they would be moving away from Solana (SOL) entirely in the first half of 2023. The two sets are among the top three most popular Solana (SOL) NFTs on OpenSea. by trade volume. DeGods had approximately 2.2 million SOLs in volume over the last few days, while y00ts reached 1.7 million SOLs. As a result, Solana (SOL) would suffer greatly from the game. Now that sets like DeGods and y00ts have declared they are leaving the Solana (SOL) network, their survival is in question. Despite the recent recovery, the price of Solana (SOL) remains in a downtrend, especially after the DeGods announcement, threatening to fall below the monthly low of $10.94. Solana (SOL)’s current price, at $11.24, is 96% lower than its all-time high of $259.56.

Snowfall Protocol (SNW) gains over 400%

Snowfall Protocol (SNW) is the first decentralized platform to support the transfer of fungible and non-fungible tokens across various blockchains. The Snowfall (SNW) protocol will allow users to move assets and data between Ethereum, Bitcoin, and other blockchain networks in a secure, reliable, and timely manner. Snowfall Protocol (SNW) has seen a 250% increase in value from Phase 2 to its current market price of $0.14, and 400% since Phase 1. Snowfall Protocol (SNW) is gaining popularity, not only because of its cutting-edge technology, but also because of the announcement of a prototype of its decentralized application.

In addition to its meteoric rise in value, Snowfall Protocol (SNW) has already sold over 200 million tokens, making it one of the most successful cryptocurrencies ever. Therefore, Snowfall Protocol (SNW) is the best token to invest in despite the volatility of the market. According to experts, there is a probability of a 1000x increase after the official launch of Snowfall Protocol (SNW) in January 2023.

Get in while you can and invest in Snowfall Protocol (SNW) today!

For more information on the Snowfall Protocol, please visit: Presale, Website, Telegram, Twitter.

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