Cardano and Avalanche are two Ethereum killer networks that took the DeFi space by storm. The respective teams behind Cardano and Avalanche have experience with Ethereum before developing both networks. Their experiences while working on Ethereum made it easier to spot loopholes on the Ethereum blockchain. Supontis news…
$ADA and AVAX, have also been a good store of value for many crypto individuals and institutions. You could confirm this statement from their positions in the general cryptocurrencies list.
This article takes on Cardano (ADA) and Avalanche (AVAX) which are both set to soar, and introduces a new cryptocurrency [Supontis (SUP)] aiming to disrupt the DeFi space with its value proposition and token. Let’s see more below.
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The Cardano (ADA) market condition
Cardano (ADA) is a cryptocurrency that is often in the media for good reasons. Although, like many cryptocurrencies in the market, Cardano (ADA) has experienced extreme market conditions which have preceded the crypto winter of 2022 and those before the year.
One of the year’s biggest news about Cardano (ADA) has been its prospective Vasil Fork upgrade. The upgrade will change a lot of narratives about the network and attract more users and developers, which means more activities on the network.
The Cardano network is already an Ethereum killer because of its faster confirmation speed and low-cost transactions. Also, Cardano seems to be imitating Ripple (XRP) to offer better international or On-Demand Liquidity transaction systems.
Cardano’s native cryptocurrency, ADA, may be down at the time of writing, but with the potential upgrades and activities coming on the network, it has the potential to skyrocket to new highs soonest.
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The Avalanche (AVAX) market set to make positive changes
One thing to learn about the 2022 crypto year is its massive losses that even seem to be affecting market manipulators (or whales). Before 2022, Avalanche (AVAX) had been the go-to option for individuals and organizations who wished to store their assets in crypto.
While the crypto winter appears to have swept a lot of liquidity from the market, Avalanche (AVAX) has continued to signal great market entries, especially for daily traders. Could Avalanche (AVAX) surpass 26 USD before the end of the second quarter of 2022, many experts believe so.
Another thing worth loving about Avalanche (AVAX) is its ease of access to alternative investments, especially for enthusiasts who may be skeptical about buying cryptocurrencies. Avalanche (AVAX), as a Proof of Stake (PoS) protocol, allows users to stake their assets and reward high-interest percentages the more they stake. Additionally, many institutions and developers are adopting Avalanche (AVAX) because of its eco-friendliness, among other things.
Supontis and the $SUP token, what is it, and what can it offer?
Supontis is a DEX bridge that makes it very easy for any crypto trader or holder of ETH, BNB, TRX, and FTM tokens, among others, to exchange their cryptocurrencies for altcoins without any hassles. The protocol does this with the use of its native cryptocurrency, called $SUP.
$SUP is a BEP-20 token that will be used for transactional and incentivized purposes on Supontis. Another essential area where $SUP will be exceptional is during Supontis’ presale which is ongoing at the time of documenting this article.
Buyers of the $SUP token stand a chance of getting more than 100% of the amount they used to purchase the pre-mined $SUP tokens. This is because of the various incentives that come along with the presale.
For instance, buying the $SUP token for the first to fifth time could earn you between 10% to 100% cashback. This could stack if you buy five times simultaneously. I.e if you buy $SUP using any popular altcoin five times respectively.
Learn more about Supontis (SUP) below:
Supontis Token (SUP)