Ethereum (ETH) was the first Turing complete blockchain in Web3. It enabled an entire ecosystem of decentralized applications (dApps) to be built using blockchain technology. New solutions such as Arbitrum (ARB), Polygon (MATIC), and TMS Network (TMSN) display the constant growth that can be found within the ecosystem.
As Polygon (MATIC) stagnates, brand-new altcoins Arbitrum (ARB) and TMS Network (TMSN) look ready to explode. Could these new projects take Ethereum (ETH) to the next level?
Arbitrum (ARB)
Arbitrum (ARB) is an Ethereum scaling solution that uses off-chain technologies to improve the speed and efficiency of smart contract execution. It works by creating a second layer on top of the Ethereum blockchain, allowing it to process transactions more quickly and at a lower cost.
This technology has the potential to revolutionize the way that Ethereum transactions are conducted, providing a faster and more cost-effective alternative to mainnet. With the increasing demand for Ethereum-based applications, Arbitrum offers developers the ability to create scalable and reliable solutions that can meet the needs of a growing user base.
The Arbitrum (ARB) native token is a brand-new release. The token was airdropped to long-term users of the Arbitrum (ARB) blockchain and quickly climbed to a $1.80 price level to give Arbitrum (ARB) a market capitalization of $2.3 billion.
Polygon (MATIC)
Polygon (MATIC) is another layer-2 scalability solution for the Ethereum blockchain ecosystem. Polygon (MATIC) offers fast, secure, and low-cost transactions for decentralized applications, with many blockchain game developers opting to use Polygon (MATIC) for its useful developer toolkit and smoother user experience.
Polygon (MATIC) technology allows for higher speed and more affordable transactions when compared with Ethereum mainnet. Since it was created using the same underlying infrastructure as Ethereum, Polygon (MATIC) is Turing complete, which allows users to create a range of custom applications and tokens, including NFTs.
Salesforce has introduced a feature that enables businesses to create loyalty programs using NFTs that are minted on the Polygon (MATIC) network. This displays the utility of non-fungible tokens (NFTs) as a unique and immutable value store and also the breadth of use cases that can be deployed on the Polygon (MATIC) blockchain.
TMS Network (TMSN)
TMS Network (TMSN) offers a vast selection of different assets in a single decentralized exchange. Built on Ethereum, TMS Network (TMSN) brings both traditional and digital asset markets to the blockchain and allows traders to retain full custody over their cryptocurrency while using advanced tools on the platform.
TMS Network (TMSN) offers an AI-powered strategy builder as well as on-chain analytics, which can help traders make informed decisions when navigating the markets. It also offers algorithmic trading signals that have an impressive rate of accuracy and copy trading features where traders can imitate profitable traders on the network.
Holders of TMS Network (TMSN) tokens will enjoy a variety of benefits, including educational materials, a social trading network, and even a percentage of the overall commissions the platform earns.
The TMS Network (TMSN) native token was recently released during a presale. The event has already attracted over $4 million worth of investment as Ethereum users have piled in to back the development of the platform. TMS Network (TMSN) token holders gain unique benefits, including a share of platform fees that are paid in rewards as passive income.
Conclusion
The Ethereum (ETH) ecosystem continues to grow after the launch of Arbitrum (ARB) and TMS Network (TMSN). While Arbitrum (ARB) looks ready to rival Ethereum’s (ETH) current-largest layer-2 blockchain, Polygon (MATIC), TMS Network (TMSN) stands in a league of its own as a comprehensive DEX built for the ecosystem’s layer-1.
TMS Network (TMSN) investors can purchase the token at the current price of $0.085. Price analysts are expecting significant returns from this level as the project remains in its early stages of development.
Check below for more information about TMS Network (TMSN).
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
Source: https://www.cryptopolitan.com/tms-network-tmsn-bags-astounding-4-million-in-presale-upstages-arbitrum-arb-and-polygon-matic-despite-bleak-market-outlook/