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Everlodge’s (ELDG) 9x Growth Steals Show, As Polygon (MATIC) and Solana (SOL) Depend on Market Revival

October 12, 2023
in Crypto News
Reading Time: 3 mins read
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Everlodge’s (ELDG) 9x Growth Steals Show, As Polygon (MATIC) and Solana (SOL) Depend on Market Revival
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There is a lot of competition in the crypto world. So, it is important for projects to come up with new business plans to stay ahead in the game. Therefore, the presale of Everlodge has become an instant success. On the other hand, Polygon (MATIC) and Solana (SOL) have failed to meet the expectations of their communities.

Join the Everlodge presale and win a luxury holiday to the Maldives

Polygon’s (MATIC) Daily Active Addresses Rise

Braving the market bears, Polygon (MATIC) has experienced positive network growth. According to the latest data, Polygon’s (MATIC) daily active addresses have surged by 10% in the past week. Subsequently, the transaction count on the Polygon (MATIC) network has also seen an uptick of 9.1%.

The Polygon (MATIC) community sees these numbers as a sign of revival. However, Polygon (MATIC) has witnessed a fall in its fees and revenue. Thus, investors are not convinced about Polygon’s (MATIC) rebound. Therefore, Polygon (MATIC) is trading in the red zone.

Polygon (MATIC) is currently available to trade at $0.52, following a drop of 4% in the past month.

Solana (SOL) Sees an Increase In TVL

The latest report from oxScope has revealed that the total value locked of Solana (SOL) has increased in recent weeks. Subsequently, investors’ interest in Solana (SOL) has surged. Thus, Solana’s (SOL) market value has increased by 3% in the past week.

At press time, Solana (SOL) is available at $19.63. The major factors behind this increase are the liquid staking protocols based on the Solana (SOL) blockchain. The protocols have registered a considerable gain in the past week, getting $7 million worth of Solana (SOL) locked.

Most notable among them is Lido Finance, which has witnessed an inflow of around $3.3 million on Solana (SOL).

Everlodge (ELDG) Aims for the Moon During Presale

Everlodge is ready to launch a blockchain-based platform that will revolutionize the hospitality industry. It aims to make the industry more accessible, affordable, and profitable. The latest research shows that the vacation rental market may grow at an annual growth rate of about 5% by the year 2030. Hence, this new platform has the potential to bag billions in profits over the coming years.

The platform will create NFTs for real estate assets such as hotels, and luxury vacation rentals. These NFTs will be fractionalized to allow retail investors to purchase them.

Thus, the platform has introduced a co-ownership model in the real estate sector. It will allow multiple people to own a single luxury property, at a fraction of the cost, starting at $100.

To add the best properties to the platform, Everlodge will partner with only known property developers, and luxury hotel chains. The ELDG token holders will have exclusive access to the Rewards Club. The club’s members will receive free stays at every property in the platform’s ecosystem.

ELDG is the native cryptocurrency of the platform, and is currently in the third stage of its presale. A token can be locked at a price of $0.0.018, which will increase to $0.019 in the next stage. As per estimates, the market value of the tokens is expected to increase by 280% soon.

Find out more about the Everlodge (ELDG) Presale

Website: https://www.everlodge.io/

Telegram: https://t.me/everlodge

 

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Credit: Source link

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