Solana (SOL) and BNB (BNB) are facing increasing competition as new players enter the market and are scrambling to adapt. However, TMS Network (TMSN) is seizing an opportunity with Coinbase’s offshore license in Bermuda, which could give the decentralized trading platform an edge over its competitors. This article will explore how TMS Network is positioning itself to capitalize on this development.
Solana (SOL) is a decentralized finance (DeFi) project that aims to provide a platform for developers to build fast, scalable, and cost-effective blockchain solutions. Launched in March 2020 by the Solana Foundation, Solana (SOL) gained significant attention during the crypto bull market, surging from $1 to reach an all-time high of $259.96 in November 2021.
What sets Solana (SOL) apart from other blockchain projects is its proof-of-history (PoH) consensus, which is combined with the underlying proof-of-stake (PoS) consensus to ensure fast transaction speeds, low fees, and great scalability. This has made Solana (SOL) a popular choice among both small traders and large crypto whales.
However, Solana (SOL) has fallen a staggering 91% from its all-time high of $22.31. Nevertheless, since the start of 2023, Solana (SOL) has more than doubled its value jumping from $9.98 to $22.31.
BNB (BNB) is a popular cryptocurrency that powers the Binance Smart Chain (BSC), a blockchain network that supports decentralized applications (dApps) and smart contracts. The BNB (BNB) token is used for transaction fees, staking, and other functions within the Binance ecosystem. Investors are keeping a close eye on BNB (BNB) due to the upcoming hard fork upgrade named “Planck” on the BNB (BNB) BSC network, which aims to enhance security and improve efficiency.
The proposed security enhancements by the BNB (BNB) developers team are designed to address vulnerabilities and improve the network’s overall security. The upgrade is also expected to improve interoperability and increase the potential for dApp developers to generate revenue from their applications. This has resulted in a steady growth of BNB’s (BNB) market capitalization, reaching almost $53 billion, as more users adopt the BNB (BNB) BSC network and take interest in its use cases.
TMS Network (TMSN)
Designed to be a revolutionary Web3-based social trading infrastructure, TMS Network (TMSN) aims to address the challenges faced by existing online trading platforms. It facilitates the trading of various financial assets like forex, futures, CFDs, and stocks using cryptocurrencies, ensuring accurate, transparent, and fair transactions. TMS Network (TMSN) employs an STP functionality, which enables electronic transfers of all transactions without any manual intervention, thereby eliminating the risk of wash trading and price manipulation.
TMS Network (TMSN) offers cross-chain functionality and high scalability, resulting in faster transactions at a lower cost. The platform also utilizes trading bots and a strategy builder to reduce investor emotions and enhance profitability. As one of the most profitable crypto projects in 2023, TMS Network (TMSN) has garnered significant investment, with its tokens available for purchase at $0.085 during its presale round.
TMS Network (TMSN) sees an opportunity in the recent announcement of Coinbase getting an offshore license in Bermuda. The platform can take advantage of this by listing on the offshore exchange once it goes live.
Moreover, TMS Network (TMSN) has witnessed a remarkable 1700% increase in value from its initial price of $0.0047, and its market value is expected to rise by over 100x after its listing on leading crypto exchanges.
In conclusion, TMS Network (TMSN) is positioning itself to capitalize on the evolving cryptocurrency market and is poised for success with its innovative Web3-based social trading infrastructure. With the recent news of Coinbase’s offshore license in Bermuda, TMS Network (TMSN) sees a significant opportunity to gain an edge over its competitors.
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.