Even if many of the main cryptocurrencies have briefly travelled north prior to now week, it’s protected to imagine that the crypto market is lastly making a U-turn. And whereas a basic sentiment of tension among the many crypto flock has liquidated many of the features made in 2021, pushing the general crypto market capitalization below $1 trillion, there’s a good likelihood that by the top of summer season, we’ll enter the bull run as soon as once more. So if you wish to put together for the upcoming months and revel in potential features confidently, we’ve got outlined three tokens that must be in your radar: Cardano (ADA), Solana (SOL) and Persystic Token (PSYS). Let’s dive in.
Although the days that Solana (SOL) was considered the Ethereum killer became a relic of the past, it does not mean that we should not expect a comeback in the near future. Yes, the price for the SOL token has decreased dramatically after its impressive rally in the first half of 2021, and since then, Solana (SOL) has faced multiple technical difficulties.
However, it still has all the potential to shine again. One reason is that more GameFi companies are choosing to power their games with the Solana blockchain, with Star Atlas being the latest addition to the list. Star Atlas is set to be the first AAA* blockchain gaming, where players can explore a vast universe. Since the GameFi industry suffered a minor blow compared to other crypto sectors during the bear market, gaming projects that continue building on Solana (SOL) will positively impact the price of SOL in the future.
It has been reported that Cardano (ADA) is facing issues with releasing the Vasil hard fork because the update needs more testing for a smoother launch. Although the Vasil upgrade has been delayed multiple times, the development activity on Cardano is still at a top level compared with other blockchain networks.
The Vasil hard fork is the most significant upgrade to Cardano since the Alonzo hard fork, completed in September 2021. The upcoming hard fork is a game changer in the Ethereum-killer’s development path as it is expected to improve the Cardano network’s speed and scalability and make it preferable for developers compared to Ethereum and other competitors. They say buy the rumour, sell the news, so if you want to jump onto Cardano (ADA) bandwagon, now is probably the perfect time to do so.
Persystic Token (PSYS) is an upcoming social media platform that plans to harness the power of decentralization to give back people the right to free speech and content ownership. There are multiple benefits that blockchain technology can offer to make social media a safe space while simultaneously enabling content creators to monetize their social media activities, and Persystic (PSYS) knows this better than the rest of the flock.
For example, a peer-to-peer (P2P) sharing of information can be made possible within a social media network, where only two participants are aware of the transaction. Further, with the Persystic (PSYS) project, users of this social network could retain their content indefinitely, thanks to the immutability aspect of the technology. The team of developers pledges that users would be granted unrestricted authority over the dissemination of their material, as only they have the power to distribute it and make money for their efforts.
In order to ensure smooth and fast operability of the platform, it is powered by the Binance Smart Chain (BSC). This subsequently would allow for a broader cross-chain functionality of the smart contracts and seamless integration with different extensions across various blockchains. At the heart of the Persystic (PSYS) is the platform’s native token, a unification point that facilitates transactions, gives rewards and provides creators with the currency to monetize their content.
The bear market might be over, but the window of opportunities has been greater than ever. Solana (SOL) is on the run to become the backbone of the GameFi industry; Cardano (ADA) is steps away from showing its true potential and reaching new times high; meanwhile, Persystic (PSYS) is a unique project that tests the water for a potentially revolutionary industry. And with the market finally turning around, you would not want to miss out on emerging opportunities.
Persystic Token (PSYS)
Web site: http://persystic.io/
Disclaimer: Any data written on this press launch or sponsored publish doesn’t represent funding recommendation. Thecoinrepublic.com doesn’t, and won’t endorse any data on any firm or particular person on this web page. Readers are inspired to make their very own analysis and make any actions primarily based on their very own findings and never from any content material written on this press launch or sponsored publish. Thecoinrepublic.com is and won’t be accountable for any harm or loss induced straight or not directly by way of any content material, product, or service talked about on this press launch or sponsored publish.