Solana (SOL) Crypto Bulls View This Altcoin With 3500% Growth Potential
Since first making headlines in 2021, Solana (SOL) has continued to thrive in the crypto industry. However, a new DeFi project has recently hit the spotlight, and is attracting thousands of investors in just a few weeks. It is expected wave 35x in the next 6 months, with a 100x increase when it hits the stock exchanges.
This article will examine why investors are excited about this new crypto and why it could be the next big thing to make headlines in the market.
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What is Solana (SOL)?
Solana (SOL) is an open source project that allows developers to build decentralized finance (DeFi) solutions. The Solana (SOL) project was launched in March 2020 by the Solana Foundation and quickly gained traction during the crypto bull market, rising from just $1 to peaks of $259.96 in November 2021.
Solana (SOL) diversifies from other projects with a proof-of-history (PoH) consensus, which is combined with the underlying proof-of-stake (PoS) consensus of the blockchain. This provides extremely high transaction speeds, low fees and good scalability for Solana (SOL).
Due to its ease of use, Solana (SOL) is used by small time traders and large crypto whales, and the Solana Foundation has long-term plans to make decentralized finance more accessible worldwide.
What is the Solana Bulls Eyeing Up project?
This exciting new project that has caught the attention of Solana (SOL) bulls is called Collateral Network (COLT). Collateral Network (COLT) is one innovative new DeFi project which helps borrowers liquidate physical assets of high value on the blockchain. Cars, art and jewelery are some examples of usable assets.
Once brought on the chain as one NFTCollateral Network (COLT) user artificial intelligence (AI) to exact value assets and generate algorithmic lending rates to guarantee a fair price. Lenders can then borrow a percentage of NFT due to fractionalizationearn one passive income in the process.
The Collateral Network (COLT) team has been fully doxxed and the project’s original token has been revised, ensuring that the Collateral Network (COLT) innovative new application is safe for borrowers and investors.
Collateral Network (COLT) is currently in its pre-sale and is quickly becoming a top investment opportunity after a 40% price increase the last few weeks. With the potential to revolutionize the crowdlending market, a diverse ecosystem, and practical convenience, it’s no surprise that Collateral Network (COLT) has caught the attention of Solana (SOL) investors.
To promote this, it is speculated 3500% return outperform much of the crypto market, further contributing to the project’s appeal. This makes Collateral Network (COLT) a great option for investors looking to diversify their portfolio and recover from a difficult bear run.
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Why is Collateral Network (COLT) predicted to increase by 3500%?
Apart from its unique application area, the Collateral Network (COLT) offers a number of advantages over the traditional crowdlending industry. Here’s why Collateral Network (COLT) is predicted to increase.
Fixed passive income opportunities: By lending money to borrowers, investors can receive a fixed passive income paid weekly.
Improved Liquidity: Each NFT is backed 1-to-1 by the physical asset, which is held in a vault to keep it safe.
Collateral: Should a borrower default on the loan, the asset will be repossessed and sold at a private auction to recover the investors’ funds.
Fast processing: Assets can be liquidated in just 24 hours.
Privacy: Assets can be borrowed against without ever leaving a credit footprint.
Conclusion
Collateral Network (COLT) is one of the most promising new cryptos in the DeFi market, offering investors a potential 35x return while revolutionizing a multi-billion dollar market. With a good foundation, a good team and a long-term roadmap, Collateral Network (COLT) is on its way to becoming a market leader in the DeFi industry.
Find out more about the Collateral Network pre-sale here:
Website: https://www.collateralnetwork.io/
Pre-sale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter:
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