Sellers accept Cardano as payment, Solana NFT sale to pump price of SOL and Collateral Network – CryptoMode
As the fourth month of 2023 ended, most investors were unaware of where the market will trend next. Still, there are opportunities to make money with coins like Solana (SOL) pumping with NFT sales, Cardano (ADA) seeing more adoption, and Collateral Network (COLT) with a 3500% growth prediction.
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Does Solana have an NFT marketplace?
Solana (SOL) is an efficient and cost-effective smart contract platform that hosts a wide variety of dApps. The Solana ecosystem also houses some of the most valued NFT collections in the crypto space.
Recently, Mad Lads, an NFT pool based on Solana, rose to the highest ranking of most sold NFTs, surpassing Ethereum’s BAYC with over $700ki in sales. This is a bright spot for the Solana world after a rough few months of witnessing the collapse of exchange FTX, the downfall of close ally Sam Bankman-Fried, and the exit of two prominent NFT projects at Solana – DeGods and y00ts.
This development has had a positive impact on the price of Solana (SOL), which has climbed by 9% the last 30 days. Solana (SOL) is priced at $21.82 as of press time.
Which merchants does Cardano accept?
Cardano (ADA) is a decentralized and open source public blockchain for the execution of smart contracts. Interestingly, Cardano is the first platform developed with a peer-reviewed research paper. Cardano also combines Ouroboros’ proof-of-stake mechanism and RINA technology to increase scalability. And the Cardano token is used for peer-to-peer transactions.
Recently, Binance Pay partnered with ivendPay, an international payment service that allows businesses to accept cryptocurrency payments. Since Cardano is one of the supported assets, it means that holders can make payments with Cardano. Over 400 merchants in seven different countries use ivendPay.
As of press time, Cardano (ADA) is trading at $0.41which is an increase of 18% the last 30 days.
Collateral Network (COLT) is revolutionizing the lending industry
Collateral Network (COLT) is a DeFi platform that is revolutionizing the lending industry. With the Collateral Network, individuals can unlock liquidity by minting NFTs against valuable physical assets such as luxury watches, fine wine, jewelry, real estate, and art. These assets act as collateral for the loan. Furthermore, the NFTs are then fractionated, so that multiple lenders can finance the loans, even with small amounts. Borrowers receive funds instantly, and lenders are paid a fixed interest rate weekly.
In addition, the Collateral Network ensures a transparent and reliable environment for all parties involved. All contract data is stored in the NFT’s metadata and held on the Ethereum (ETH) blockchain, which cannot be deleted or changed. This provides a safe and reliable platform that everyone can trust.
And let’s not forget the Collateral Network token, which powers the entire ecosystem. Holders of this token enjoy stake rewards, reduced borrowing and trading costs, membership in the VIP club and management rights.
The Collateral Network token is currently available for only $0.014 in its ongoing pre-sale. However, experts predict that the value may reach $0.35 during the next five months. So join other crypto buyers to get in early on the Collateral Network and prepare for huge gains.
For more information about Collateral Network visit websitejoin the presale or join the community for regular updates.
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None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses incurred by acting on information provided on this website by its authors or customers. Always do your research before making any financial commitments, especially with third-party reviews, pre-sales and other opportunities.
