Conflux (CFX) Price Retreats to $0.287 But is Still up 93% This Week While TMS Network (TMSN) Raises $500K In Less Than Two Weeks And Solana (SOL) Triggers Ballistic Action From Crypto Community

Conflux (CFX), one of China’s main public blockchains, has recently experienced a major price drop, but remained fairly bullish in the market –  standing firm, despite hitting a low of $0.287 in the market. 

Compared to that, TMS Network (TMSN) raised $500k in a short presale for its decentralized trading hub, having already secured $2M in a private seed sale from an incubator fund in its first phase of presale. Impressive stuff!

Meanwhile, performance degradation issues and transaction disruptions forced Solana (SOL) to face criticism on social media from members of the crypto community. Yes, it’s been a rollercoaster ride this week for the crypto community. This article will take a closer look.

TMS Network (TMSN)

TMS Network (TMSN) is an all-encompassing decentralized trading platform that operates on the Ethereum blockchain, and aims to revolutionize traditional trading practices by eliminating the need for centralized ‘middle men’.

TMS Network (TMSN) provides a user-friendly trading platform where users can trade cryptocurrencies, NFTs, fiat currencies, shares, and many other assets. The platform also offers educational resources such as guides, videos, and webinars to help users learn about trading in different markets.

One significant benefit of using TMS Network (TMSN) is that all trades are recorded on the blockchain, providing greater transparency to users. This includes real-time data and analytics, as well as secure and transparent smart contracts.

Investors who hold TMS Network’s (TMSN) $TMSN token will enjoy various advantages too, including access to advanced trading tools and reduced trading fees, which can help them maximize profits. 

Additionally, TMS Network (TMSN) will provide token holders with a commission-sharing program based on the volume generated by all trades on the platform.

Conflux (CFX)

Conflux (CFX) uses a Turing-complete smart contract language similar to Ethereum and processes parallel blocks for reduced confirmation times. Its native token, CFX, plays a similar role to Ether in the Ethereum network, and token holders can earn interest by staking illiquid tokens. 

Conflux (CFX) claims to be the only crypto company approved to operate in China after the government banned all crypto products in 2021. DWF Labs, a digital asset market maker and investment provider has recently provided Conflux (CFX) with a $10 million investment.

Conflux (CFX) has partnered with Alchemy Pay to offer a fiat on-ramp to its ecosystem, allowing users to purchase crypto with local fiat currencies. The Conflux (CFX) token has also established partnerships in DeFi, infrastructure, NFTs, and analytics, including a recent link with China Telecom for blockchain-based SIM cards.

Solana (SOL)

Solana (SOL) is a fast and secure blockchain with low cost that provides open infrastructure for global adoption. It uses a combination of delegated Proof of Stake and Proof of History consensus, making Solana (SOL) one of the first platforms to do so. 

Solana (SOL) has various projects in NFTs, DeFi, Web3, and more, with its own online store, Solana Pay. Although Solana (SOL) has had a bearish phase, it has started to fight back, and technical indicators suggest that it still has long-term potential.

Stability, however, remains a major concern until the launch of Solana Mainnet. The recent outage in the Solana (SOL) network forced a backlash from its supporters.

Conclusion

Although both Conflux (CFX) and Solana (SOL) have shown a bullish trend on the market, it is TMS Network (TMSN) where the true game-changing potential lies. A decentralized trading platform aiming to revolutionize traditional trading practices by eliminating the need for centralized intermediaries, adding security, education, and flexibility to traders. As shrewd early investors have noticed, the future looks bright for TMS Network (TMSN). 

Find out more about the TMS Network (TMSN) presale below:

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.