Sparklo (SPRK) Welcomes Huge Inflow Of Whales As Solana Price Drops

Stakeholders looking to explore the blockchain to access other investments have found that solid projects are becoming less likely. With hundreds of projects launched daily on the blockchain, it has become imperative to properly review projects before investing in them.

Sparklo (SPRK) Phase Two Pulls In Solana (SOL) Whales

Sparklo is set to create the first alternative-investment platform where investors and traders can invest in NFTs backed by tangible luxury assets such as gold, silver and platinum. It will create haven for retail investors to have a share of the metals market through the benefit of financial inclusion made possible by the blockchain.

In addition to the KYC application that has been approved, Sparklo’s smart contract has been audited by Interfi Network and its liquidity has been locked for 100 years. By also scaling on the cryptography of the blockchain that ensures that all transactions are tamper-proof and they cannot be changed once it has been recorded on the blockchain, investors can be confident that their funds and investments are secured.

Sparklo will partner with jewelry stores to bring their products to the top of the market and investors will enjoy the benefit of getting first access to these products and discounts on purchases. Sparklo’s second presale phase is live and the tokens are selling for only $0.022. Analysts have predicted that the value of SPRK can climb by 1,500% in the upcoming months.

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Tensor is moving up the market totem pole for Solana (SOL) NFT.

Tensor, a Solana-based NFT trading platform that secured $3 million in a seed round just two months ago, has virtually reclaimed its position as the largest Solana-based NFT marketplace based on market share. According to Tiexo, the Solana (SOL) platform outperformed Magic Eden’s 44% share by achieving a 45% share over seven days. The platform has advanced significantly due to its emphasis on liquidity and commitment to the Solana (SOL) ecosystem. Tensor had over 30,000 monthly active users in March; that number rose by 317% in April to over 125,000.

This Solana (SOL) rise represents a sizable market share compared to Magic Eden’s 22 million monthly unique visitors. Instead of increasing its market share, Tensor wants to promote the Solana (SOL) ecosystem. However, this encourages a friendly rivalry between Tensor and Magic Eden. Tensor’s commitment to building a long-lasting Solana (SOL) ecosystem may lead to growth for both the platform and the blockchain, despite a 24.4% decline in Solana (SOL) NFT sales volume over the past 30 days.

Find out more about the presale:

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