With the distrust in centralized authorities managing money, and the overall increase of inflation, many investors are beginning to make their way toward the Web3 space, seeking projects that can cause disruption in the industry and a spike in regard to their value.
One notable project that has been a huge point of discussion among these circles is TMS Network (TMSN), an all-in-one platform that aims to allow anyone to trade any derivative.
Today, we will be going over the project to see how it compares to other well-established Web3 projects such as Solana (SOL) and NEAR Protocol (NEAR).
Solana (SOL)
Solana (SOL) is a blockchain network aiming to offer secure and scalable decentralized applications (dApps) and marketplaces.
It is known due to its high throughput, and to achieve its level of speed, Solana (SOL) utilized the Proof-of-History (PoH) consensus model.
As for its native cryptocurrency Solana (SOL) is used to help process transactions quicker and more efficiently. Nodes run on Solana (SOL) that manage several internal processes and securely process the transactions. As such, each Solana (SOL) is used as collateral to process them.
On April 12, 2023, the Solana (SOL) cryptocurrency traded at $23.54. Its all-time high was reached on November 6, 2021, at $259.96. In regards to Solana (SOL)’s historical performance, it increased in value by 5% in the last 24 hours and by 15.8% in the last 30 days.
Aside from this coin, investors and traders are also eyeing NEAR Protocol (NEAR) and TMS Network (TMSN).
NEAR Protocol (NEAR)
NEAR Protocol (NEAR) is a decentralized platform for applications that leverages the power of the Proof-of-Stake (PoS) consensus mechanism.
The goal of NEAR Protocol (NEAR) is to provide dynamic scalability, and stabilize fees, through its implementation of a model known as Nightshade.
As for the native cryptocurrency, NEAR Protocol (NEAR) is the native utility coin of the network and has numerous use cases, including the payment for fees, a requirement for running a validator node, and governance use cases.
The NEAR Protocol (NEAR) network also features the NEAR SDKs, a wallet, explorer, and command line tools, among other things.
As of April 12, 2023, the NEAR Protocol (NEAR) coin was trading at a value of $2.09. The all-time high was on January 16, 2022, at $20.44. In the last seven days, its value jumped by 4.7%, and in the last 30 days, its overall increase has been at 7.1%. But the NEAR Protocol (NEAR) coin isn’t the only one that sparked interest, as TMS Network (TMSN) is also gaining momentum.
TMS Network (TMSN)
The TMS Network (TMSN) is a decentralized platform where anyone will gain the opportunity to trade any derivative. What this means is that through the usage of TMS Network (TMSN), users won’t be required to make a separate account.
All they need to do is just connect their cryptocurrency wallet and begin trading immediately.
As it is built on top of Ethereum, the TMS Network (TMSN) can provide a lot of unique features and establish itself as a platform that offers a seamless, enjoyable trading experience with instant transaction processing.
The native token is known as TMS Network (TMSN), and it enables users the opportunity to get governance rights, access advanced trading tools, or earn commissions from trading volumes across the platform. There are also social trading features like copy trader and support for MT4 and MT5.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/@tmsnetwork_io
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Source: https://www.thecoinrepublic.com/2023/04/18/tms-network-tmsn-sees-huge-leap-in-appeal-from-investors-as-solana-and-near-protocol-enter-the-green-zone/