After regulatory concerns forced the biggest losses recorded in a week this year, the bulls have retaken control of the crypto market. The rebound is led by Cardano (ADA) and Solana (SOL). Taking advantage of a renewed banking crisis scare in the United States after First Republic Bank deposit slumped, Cardano (ADA) and Solana (SOL) are two of the top 30 biggest gainers today.
Also fueled by the concerns over centralized exchanges, Tradecurve a new hybrid exchange has been gaining popularity and building momentum. In this article, we will discuss how these three cryptos have been performing and why Tradecurve could overthrow them all.
Solana (SOL) Price Jumps On Positive Sentiment
In the last week, Solana (SOL) has launched a ChatGPT plugin that will allow users to use AI to check their wallet balances, transfer crypto, and purchase NFTs, collaborated with Google Cloud, and Solana (SOL) NFTs have been integrated into the Floor dApp.
These great developments have contributed to the bullish performance of Solana (SOL). In the last 24 hours, the price of Solana (SOL) has jumped by more than 6.4%, making it the top gainer in the top 30 cryptos.
As per data from CoinMarketCap, Solana (SOL) now trades at $22.14. Year-to-date, Solana (SOL) has also outperformed most of the crypto market, with gains of more than 120%.
Tradecurve Addresses Solana and Cardano’s Shortfalls
Tradecurve is bringing huge changes to crypto exchanges. It will be the first DeFi exchange that will allow users to trade crypto, forex, stocks, and commodities from a single account funded by digital assets.
In addition, it is a hybrid exchange that challenges established centralized exchange players like Binance, Coinbase and Kraken. The potential of Tradecurve is why it has been gaining massive traction from retail and institutional investors.
By giving crypto traders access to the financial markets, Tradecurve is expected to onboard as many as 100,000 clients within the first 3 months of launch. This gives it the potential to fight to become one of the top 3 trading platforms globally.
With the prospects of Tradecurve in mind, it’s easy to see why this new crypto project has been building momentum and why experts believe its native token TCRV could rally by up to 100x as the project looks to claim the top spot.
The Tradecurve infrastructure is scalable meaning that the project can process transactions quicker and cheaper than most other exchanges without compromising security. This coupled with interoperability and its backing from the crypto community, make Tradecurve a serious challenger to other DeFi projects and exchanges.
Can Cardano (ADA) Price Break Above $0.52?
Unlike Solana (SOL), Cardano (ADA), the most actively developed crypto project, is one of the top performers not because of major developments, but because of large investor activities.
In the last two days, Cardano (ADA) trades worth at least $100,000 increased from 480 to 3,290, according to data from IntoTheBlock. In terms of volume, Cardano (ADA) recorded a 1.36 billion ADA or $540 million increase. This has sparked a major price run for Cardano (ADA).
Today, the price of Cardano (ADA) has jumped by 5.4%. Cardano (ADA) now trades at $0.3988. If Cardano (ADA) sustains the bullish momentum, its price could look to break as high as $0.42.
Check the following links for more information about Tradecurve (TCRV):
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
