Solana Beats Polygon (MATIC) and Ethereum (ETH) in Key Metrics, but this Hidden Gem Is Bound to Get Ahead
Solana (SOL) has surpassed Polygon (MATIC) and Ethereum (ETH) in important metrics. However, an up-and-coming project is set to outshine Solana in the future. Which project is this? And how will it get ahead of Solana? Let’s find out!
Solana Outstrips Other Networks In Transaction Volume And Price
A report showed that Solana outperformed Ethereum in transaction volume the preceding week. Solana recorded $25 million, while Ethereum had $21 million. The figures combine total transaction fees and maximum extractable value (MEV), and this is the first time Solana will surpass Ethereum in this metric.
Analysts say most revenue came from spot decentralized exchange trading from meme coin trading platforms like Pump.fun and Moonshot.
This increased network activity has translated into price growth. SOL is 2.6% in the past week and 29.5% up in the past 30 days. This contrasts with ETH and MATIC, which have suffered losses within the same period.
Analysts say SOL can rise to $474.31 if this momentum continues.
RCO Finance Has The Potential To Surge Past SOL
RCO Finance is the hidden gem that experts say could eventually reach and catch up to SOL. This is because of the massive gains RCO Finance’s presale offers and its potential mass adoption, which could fuel more price growth.
The presale is currently in Stage 1, and RCOF, the protocol’s native token, is sold for $0.0127. By the end of the presale, RCOF will have risen to $0.40, giving early investors a massive 3000% profit, much more than they can expect from investing in Solana now.
Experts also bank on RCO Finance’s innovative offerings to drive RCOF price increases after the presale. RCO Finance runs a decentralized trading platform that allows direct access to RWAs without going through brokers. Users can use their crypto assets to invest in stocks, bonds, commodities, etc.
The game changer is RCO Finance’s AI robo advisor, which leverages cutting-edge artificial intelligence technology to provide actionable trading insights. This boosts traders’ profits and reduces the effect of human errors and bias.
Experts say these revolutionary features will attract much activity, guaranteeing RCOF’s future relevance and price growth.
Polygon Falls Behind Solana In Processing Speed And Price
A recent report showed that Polygon’s average transaction per second (TPS) was 190 TPS, much slower than Solana’s 1,504 TPS but faster than Ethereum’s 22.8 TPS.
Although Solana performs way below its theoretical speed of 65,000 TPS, it is faster than most EVMs like Polygon. This transaction speed made it easy for Solana to handle the increased activity from the meme con frenzy earlier in 2024.
Polygon needs to catch up in price growth. MATIC has lost 4.8% in the past week and 6.9% in the past 30 days, contrasting drastically with SOL’s significant rise in the same period.
Analysts say MATIC could remain around $0.636 for the rest of 2024 if the trend persists.
Ethereum Lags Behind In TPS And Transaction Fees
Ethereum has amassed $21 million in total transaction fees and MEV tips in the preceding week. Although this is impressive, it is $4 million less than Solana’s $25 million for the first time.
This stat may be due to Ethereum’s inability to handle as many transactions per second (TPS) as Solana. Another report shows Ethereum’s transaction speed is a paltry 22.8, compared to Solana’s kingly 1,503 TPS.
Solana’s dominance also extends to better price performance over the past year. SOL has gained 641% in the past year, while ETH has managed a 77.8% price increase. However, analysts say ETH could still rise to $4,753.75 in 2024.
Buy RCOF Early To Enjoy Future Success
Most of today’s crypto millionaires and billionaires bought into the industry early. RCO Finance is at this early stage, and with its revolutionary use case, experts say it could go on to dominate DeFi and the wider crypto industry.
Interested investors can join this revolution early and reap massive rewards. The gains have already started coming in from the huge 3000% presale profit for Stage 1 investors.
Other benefits of buying RCOF early are voting rights on governance proposals, discounts on trading fees, and attractive interest from staking the token. RCOF holders are also entitled to regular dividends, their share of the platform’s revenues.
Savvy investors are already taking advantage of this opportunity to join the next big cryptocurrency, and you can be one of them.
For more information about the RCO Finance Presale:
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