Polygon aims to bridge Solana with Ethereum as analysts eye new AI altcoin

Polygon launches X Layer to bridge Solana with Ethereum, while InQubeta’s AI-driven crypto platform gains analyst support ahead of its final presale phase.

The developers of the Ethereum (ETH) scaling solution, Polygon (MATIC) Labs, released a new plan in 2023 to function as the value core of the decentralized internet. They aim to achieve this by facilitating the creation of a network of linked blockchains that share Ethereum’s security and liquidity, like Solana (SOL). Meanwhile, InQubeta (QUBE), an emerging AI (artificial intelligence) altcoin, has garnered attention from analysts as they see high potential in the project.

As the official listing on mainstream exchanges approaches, top analysts are backing InQubeta. Other investors are eager to see the coin perform at its peak when it debuts on the open market. The InQubeta project offers a unique cryptocurrency and AI crowdfunding platform by leveraging trending NFTs (non-fungible tokens). With its distinctive offering and price increase, the project’s last presale round is ending and has raised over $13.6 million. 

InQubeta approaches its presale end 

As the InQubeta presale conclusion, investors are lining up to back one of the leading altcoins on the blockchain. Stage nine presale is the final one, and allows participants to purchase QUBE tokens at a discount. Analysts expect a 5,000% increase in value when it launches.

Over $13.6 million was made from selling almost 1 billion QUBE tokens, demonstrating the magnitude of the InQubeta rally that will occur once it is listed on exchanges. Regarding InQubeta’s future, analysts are optimistic and predict a potential surge once it launches on the markets. Given its connections to the AI sector and its current price of $0.028 per token, the QUBE token is accessible to investors searching for promising altcoins to add to their portfolio.

InQubeta aims to enable people to easily own a portion of its blockchain and invest in top AI startups. Upon the project’s presale completion, an ecosystem of trending NFTs and simple methods for trading and investing in AI startups will exist. Also, QUBE owners can participate in staking rewards and use their voting rights to influence community choices.

Polygon aims to bridge layer 1 blockchains like Solana

It is becoming increasingly clear that the Polygon team’s goals extend beyond Ethereum Layer 2 chains, even though, initially, the vision could only be implemented using its software development kit. The most recent example comes from MATIC co-founder Mihailo Bjelic, who provided a chart indicating that Solana is among the chains they are out to reach. Bjelic published a chart on Wednesday, April 10, in an X post. It showed several chains, such as Cosmos Layer 1 chains, Solana, and optimistic rollups, connected to Ethereum via MATIC’s recently released AggLayer interoperability protocol, indicating Polygon’s goal of connecting everything to Ethereum.

Many small Layer 1 networks are folding and announcing plans to switch to Layer 2 chains to access this deep liquidity, which is good news for Ethereum scaling solution providers like Polygon Labs. However, as large Layer 1 chains like Solana are already extremely profitable on their own and appear to be able to compete with Ethereum for investor interest, the appeal of becoming an Ethereum Layer 2 is less obvious. According to a CoinGecko survey from March 2024, the Solana blockchain had the highest level of interest among cryptocurrency investors in Q1 2024, accounting for 50% of all blockchains.

Ethereum: The scalable network

Ethereum is a blockchain-powered decentralized global software platform. Most people know it through its native cryptocurrency, ETH. Ethereum is scalable, programmable, secure, and decentralized, allowing anyone to construct secure digital technology.

ETH is intended to compensate workers for blockchain support, but if accepted, users can also use it to pay for real goods and services. ETH is the preferred blockchain for developers and businesses building technologies on top of blockchains to transform various industries and everyday lives. 

Solana: The fast network 

Solana is a blockchain platform intended to provide scalable, decentralized apps. Established in 2017, the Geneva-based Solana Foundation manages the project as an open-source endeavor, with Solana Labs in San Francisco responsible for building the blockchain. Compared to competing blockchains like Ethereum, SOL processes transactions much faster and charges substantially fewer fees for each transaction.

Amid the meme coin frenzy, Solana’s price and market value had a stunning spike that illustrates how the cryptocurrency industry is changing. Networks like SOL thrive from the ongoing attention and activity investors exhibit as they chase the newest trends and look for new opportunities. 

Conclusion

Polygon’s vision of being the settlement layer of Ethereum and the step to bridge Solana with Ethereum is bold and might have a big impact on web3 in the future. InQueta has emerged as a leading crypto coin in the AI sector due to its fusion of AI and blockchain. The presale’s end is imminent, and analysts are optimistic about its upcoming listing.

To learn more, visit the InQubeta website or join the InQubeta communities.

Follow Us on Google News