Chainlink (LINK) and Conflux (CFX) fall behind as TMS Network (TMSN) takes lead in race for top blockchain investment
Blockchain technology is gradually gaining acceptance across various sectors of the economy, and this has spurred the growth of several blockchain platforms. In recent times, the race for the best blockchain investment has been a three-horse competition between Chainlink (LINK), Conflux (CFX), and TMS Network (TMSN). However, recent events have seen Chainlink (LINK) and Conflux (CFX) fall behind while TMS Network (TMSN) takes the lead.
Chainlink (LINK) partners with Celo to increase sustainability, but struggles with scalability and high fees
Chainlink (LINK), the leading provider of decentralized oracle services, recently entered into a strategic partnership with the Celo Blockchain network to promote ecosystem sustainability while driving growth. While this is a commendable move, Chainlink’s (LINK) scalability issues and high fees have made it less attractive to investors. The Chainlink (LINK) SCALE program, which allows protocols to cover the costs of operating nodes on Chainlink (LINK) through fees generated by the use of the protocol, has helped to address these issues to some extent. However, the program’s success is not enough to keep Chainlink ahead of TMS Network, which offers more innovative solutions to the challenges of the blockchain ecosystem. As of today, the price of Chainlink is $7.97. Chainlink’s current value is 84.49% lower than its record high of $52.88.
Conflux (CFX) Proposes Uniswap v3 Integration But Fails to Handle High Gas Fees and Liquidity Challenges
Conflux (CFX), a Layer 1 blockchain operating without permission, has put forward a proposal to integrate Uniswap v3 and CNH, a stable currency based on offshore Chinese Yuan, into its network. While this proposal offers more trading opportunities for the Uniswap community, it does not address the major challenge of high gas fees, which has limited the growth of the network. Furthermore, Conflux (CFX)’s recent integration with Binance has not had the desired impact on liquidity, which remains relatively low. The current price of Conflux (CFX) is $0.39. Conflux (CFX) has experienced a 77.16% decline from its all-time high of $1.70.
TMS Network (TMSN) emerges as the best blockchain investment choice with innovative solutions for scalability, interoperability and security challenges
Unlike Chainlink (LINK) and Conflux (CFX), TMS Network (TMSN) is a truly innovative Web3 trading platform that stands out from other trading platforms in several ways. The platform allows users to trade a variety of assets, and not just cryptocurrencies or crypto-related assets. The TMS Networks (TMSN) team has built an advanced artificial intelligence-based infrastructure that improves all aspects of commerce, including transaction speed, transparency and centralization. One of the most impressive features of the TMS Network (TMSN) is its decentralization, which eliminates the need for intermediaries and ensures that transactions are secure and free from manipulation or tampering. The TMS Network (TMSN) is also highly scalable, meaning users can enjoy faster transaction speeds at lower costs. TMS Network (TMSN) goes above and beyond to support its users, developing a sense of community through the TMS Social Trading Club. Holders of TMS Network (TMSN) tokens will be given the privilege to vote and receive a share of commission-based revenue generated by the platform. It is exciting to see that the presale round of TMSN tokens is currently in stage 3 and can be purchased at a value of $0.080. With a 2500% rally from the launch price of $0.003TMS Network (TMSN) is expected to see significant growth and is projected to rise 100X by the end of 2023.
Conclusion
In conclusion, the race for the top blockchain investment has taken a new turn, with TMS Network (TMSN) emerging as the leading choice for investors. While Chainlink (LINK) and Conflux (CFX) have made some commendable moves, their struggles with scalability, high fees, and low liquidity have limited their growth potential.
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