Crypto Startup Targets Becoming Next Solana or Cardano After Raising Millions

Solana (SOL) and Cardano (ADA) are unarguably some of the most popular altcoins in the market, and the solutions the projects offer have helped in the expansion of the cryptocurrency space.

However, thanks to its innovative solution for AI startups and judging by its ongoing presale, InQubeta (QUBE) is has the potential to join the top 100 cryptocurrencies list.

Solana’s Bullish Charts

The following content does not constitute the opinion of BeInCrypto and should not be construed as financial advice

Solana (SOL) is a platform that aims to achieve excellent transaction speeds without the erasure of decentralization. Also, with its protocol system and timestamp technology, it aims to facilitate the creation of decentralized apps (dApps) and cryptocurrency transactions.

Boasting to be fast, decentralized, scalable, and energy-efficient, Solana supports creators, artists, and developers to build for growth. With over 11 million active accounts, almost 21 million non-fungible tokens (NFTs) minted, and the cost of a transaction at an average of 40.00025, SOL is a successful project that has been massively adopted.

SOL has kept its value over time because of its unique proof-of-history (PoH) system, which makes it more efficient and faster. With PoH, it creates a hybrid consensus model where proof-of-stake (PoS) provides security and PoH provides a decentralized clock for the system.

In addition to making transactions much faster, the platform also adds a secure timestamp that can be checked. Additionally, the blockchain’s fee model focuses on lower transaction costs.

As of the time of this writing, SOL was selling for $51.04 and was green on all charts, up 0.3%, 15.5%, 28.9%, 58.6%, 132.4%, and 187.4% on the 1-hour, 24-hour, 7-day, 14-day, 30-day, and 1-year charts, respectively.

Cardano Evidenced Potential

Built through peer-reviewed research, Cardano (ADA) is a developing platform that is built to accommodate a wide range of use cases and solve problems in different industries like enterprise, education, retail, agriculture, finance, healthcare, and the government.

As a public blockchain platfor

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Author: BeInCrypto Team

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