The post Polygon builds foundation for gaming ecosystem, as Investors compare Solana to Paypal, While TMS Network surges 700% in 2 weeks appeared first on Coinpedia Fintech News
TMS Network (TMSN), Polygon (MATIC), and Solana (SOL) have emerged as some of the potential blockchain technology-based players. Investors have been eyeing every move of these projects, but TMS Network (TMSN) is expected to deliver more lucrative benefits than Polygon (MATIC) and Solana (SOL).
Let’s take a look at the strategic moves and growth graphs of TMS Network (TMSN), Polygon (MATIC), and Solana (SOL).
The Recent Move of Polygon (MATIC) in Blockchain Gaming
Polygon (MATIC), one of the leading platforms in blockchain space, has made it to the headlines again after the announcement of the launch of reNFT. This is a major achievement bagged by Polygon (MATIC) to strengthen its foundation in the blockchain gaming ecosystem.
The rollout of reNFT on Polygon (MATIC) will provide gamers and developers easy access to the rental functionality of NFT. This launch on Polygon (MATIC) will also benefit gamers and developers with easy access to the realm of web3 gaming.
Polygon (MATIC) has an infrastructure that delivers easy upgradability, congestion relief, high throughput, and a myriad of other benefits, making it one of the top choices for partnership. With the plug-and-play software development kits (SDKs) of Polygon (MATIC), developers can make use of blockchain gaming elements in their games. Owing to these reasons, Polygon (MATIC) has attracted several eminent companies for launch and partnerships and bagged numerous Web3 gaming projects.
After its recent crash, Polygon (MATIC) is trading at $1.15, and is expected to touch $1.8 soon.
Can Solana (SOL) dominate PayPal
Solana (SOL), a blockchain technology platform, has been emerging as an influential rival against PayPal in recent times. Though Solana (SOL) is a new, blockchain technology-based, payment platform, investors have already started comparing it with PayPal.
Solana (SOL) has been eyeing to disrupt the payment industry owing to its potential to process a substantial number of transactions, and eliminate intermediaries. These reasons have staged Solana (SOL) as a viable payment solution for a multitude of small businesses.
However, PayPal has been one of the major players in the market for around two decades. In comparison with Solana (SOL), it has a wider global reach, several payment options, customer trust, customer support, and a larger user base. Since Solana (SOL) is newer, it has a lot of work to do on its platform and customer acquisition.
After experiencing a bearish trend last year, Solana (SOL) is currently trading at $22.
The accelerated growth of TMS Network (TMSN)
TMS Network, a blockchain technology-based decentralized trading platform, has raised $500K during stage 1 presale. As a result of this fundraising, TMS Network (TMSN) has observed a growth of 700% in just two weeks, which is several times higher than its peers, Polygon (MATIC) and Solana (SOL).
The first presale stage of TMS Network (TMSN) sold out faster than expected. TMS Network (TMSN) is underway for stage two and is currently trading at $0.029, which is 7x its initial price of $0.0003. The demand for TMS Network (TMSN) is still experiencing exponential growth, which can be attributed to the transparency, decentralisation, and scalability of TMS Network (TMSN).
Why are investors preferring TMS Network (TMSN) over Polygon (MATIC) and Solana (SOL)?
TMS Network (TMSN) is a safer and more effective option for investment and trading as it eliminates third parties for withdrawal and deposit. TMS Network (TMSN) is forecasted to outperform Polygon (MATIC) and Solana (SOL).
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