Solana (SOL) is struggling with shutdowns of major developments on its blockchain. As a result, it has plunged into red charts. This price movement makes Solana (SOL) a bad cryptocurrency for beginners. Meanwhile, Maker (MKR) and VC Spectra (SPCT) are quickly rising. While Maker (MKR) is recovering, VC Spectra (SPCT) has recently reported a 212.5% ROI for Stage 1 investors.
Let’s learn more about which of these projects is the best crypto to invest in now.
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Solana (SOL): Major Development Halts Leaving Investors Worried
In the latest Solana news, on August 29, Solana’s (SOL) DeFi application, Clockwork, made a decisive announcement to halt its development endeavors. This decision was grounded in a careful evaluation of opportunity costs and the limited commercial potential perceived by its team.
As part of the suspension process, Clockwork will deactivate its development network (devnet) and the main network (mainnet) on the Solana (SOL) blockchain, with this change taking effect as of October 31.
However, the codebase will remain accessible as open-source on GitHub, allowing interested parties to fork and potentially carry on with its development.
In the wake of these recent developments, Solana (SOL) has experienced an 11.67% decline in value over the past week, with the SOL price dipping from $21.76 on August 29 to $19.22 on September 1.
Additionally, Solana’s (SOL) trading volume has dropped more than 50% during the same timeframe. Experts predict Solana (SOL) will continue dropping throughout the first week of September based on the decreasing funds in its blockchain.
VC Spectra (SPCT) Makes Investors Happy Once Again With A High ROI
VC Spectra (SPCT) is rewriting the rulebook in the world of investments with its groundbreaking approach. Powered by exclusive voting rights and guided by a team of expert venture capitalists and risk managers, VC Spectra (SPCT) assures secure and profitable investment decisions.
At the heart of this innovative ecosystem lies the SPCT token, designed to the BRC-20 standard and driven by a deflationary model, ensuring its utility and value. Moreover, VC Spectra (SPCT) sweetens the deal by offering dividends to investors holding over 500,000 SPCT tokens during the presale.
VC Spectra’s (SPCT) presale performance has garnered well-deserved attention. Stage 1 investors witnessed a substantial 212.5% increase in value as prices surged from $0.008 to $0.025 in Stage 3.
With Stage 4, VC Spectra (SPCT) anticipates reaching $0.033, providing another opportunity for a 32% gain. Additionally, investors will ultimately gain 900% towards the presale end at $0.08.
As one of the best crypto to invest in, VC Spectra (SPCT) offers a 10% bonus on all deposits within the presale.
Maker (MKR): Preparing For Another Surge Beyond $1,300
Maker (MKR) has stood out in the midst of recent altcoin turbulence, retaining gains that others lost. This resilience has made Maker (MKR) one of the best cryptos to invest in and positioned it as a strong contender to sustain its bullish trajectory throughout the year.
A recent SEC announcement, delaying a decision on a spot ETF, injected uncertainty into the markets. Bitcoin’s price wavered and settled around $26,000, but Maker (MKR) took center stage with substantial growth. This surge coincided with MakerDAO’s significant move to increase incentive spending by nearly 8% on August 31.
Following this announcement, Maker (MKR) experienced a swift ascent from $1,040 on August 31 to $1,180 on September 1.
The outlook remains positive, with experts projecting Maker (MKR) to surpass $1,300 in September, driven by growing buyer support and strengthening fundamentals. Maker (MKR) is one of the top DeFi coins for promising gains.
To learn more about VC Spectra (SPCT), visit:
Buy Presale: https://invest.vcspectra.io/login
Website: https://vcspectra.io
Telegram: https://t.me/VCSpectra
Twitter: https://twitter.com/spectravcfund
Source: https://blockchainreporter.net/is-a-solana-ecosystem-collapse-underway-sol-vs-spct-vs-maker-mkr/