Beat The Bear Market With Solana (SOL), Ethereum (ETH) And Collateral Network (COLT)

The decentralized finance (DeFi) market is one of the fastest growing markets in the world. In less than two decades a whole new industry has been created with new opportunities for investors every day.

Three great investment opportunities are Solana (SOL), Ethereum (ETH), and Collateral Network (COLT). Each project brings innovative new ideas to the market and could significantly influence the future of DeFi, with Collateral Network (COLT) set to completely revolutionize the lending industry alongside 35x gains.

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Solana (SOL) Market Influence Continues To Grow

After making headlines for its huge returns in 2021, Solana (SOL) is slowly becoming one of the world's most influential blockchains and investments, with Solana (SOL)’s daily trading volume consistently surpassing half a billion USD.

Solana (SOL) is gaining traction throughout the NFT market, with new marketplaces like SolSeaand Magic Eden pioneering Solana (SOL) NFT development. Solana (SOL) is also being used to pioneer play to earn gaming (P2E). The current P2E market is held back by high Ethereum (ETH) trading fees, which have priced out many investors. With Solana (SOL) games such as Star Atlas let gamers get involved for a small starting fee, allowing them to generate a passive income in the process.

Although not yet as large as Ethereum (ETH), many investors believe that Solana (SOL) could become just as influential.

Could Ethereum (ETH) Pioneer Staking With Its Shanghai Update?

In 2023 Ethereum (ETH) announced its Shanghai Update, which overcomes many of the issues currently faced by Ethereum (ETH) users. The biggest upgrade of the Shanghai Update is based around Ethereum (ETH) staking. Instead of stakers having their assets frozen, they will be able to withdraw their funds at any time, along with the rewards they’ve earned during the staking process.

This update could solidify Ethereum (ETH) as the top blockchain in the world, potentially pushing its value to new highs in the process. It would also improve the playability of games like Gods Unchained, taking Ethereum (ETH) dominance in the P2E market to the next level.

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Collateral Network (COLT) Applies DeFi To Crowdfunding

Collateral Network (COLT) is a new decentralized crowdlending platform in the market that's caught the attention of investors world wide. Using Collateral Networks (COLT) cross-chain network, borrowers will be able to unlock cash from physical off-chain assets using NFTs. Here’s how it works.

If a borrower on Collateral Network (COLT) holds an expensive physical asset and wants a short term loan, they can create an NFT backed 1:1 by that asset. This NFT is then fractionalized, meaning that lenders can collectively fund the loan by offering fractions of the required capital.

This increases the number of investors who can become lenders. Once loaned, lenders will generate a passive income from their loan based on a fixed interest rate, enabling users on the COLT platform to become their own banks.

This process is significantly faster than traditional crowdlending processes, and allows borrowers to hold onto their physical assets. To give early investors peace of mind, Collateral Network (COLT)’s smart contract has been successfully audited, and its liquidity pool will be locked for 33 years to prevent a rug pull.

COLT, the native token of Collateral Network, can be purchased for $0.01 during phase one of the project's presale, with COLT holders earning access to a VIP members club, as well as staking, governance rights, and more.

Analysts forecast that due to its immense potential and real-world use cases, COLT is highly likely to surge by up to 3500% over the coming months! With this projection in mind, Collateral Network (COLT) is easily one of the most promising presales on the market today.

Find out more about the Collateral Network presale here:

Website: https://www.collateralnetwork.io/

Presale: https://app.collateralnetwork.io/register

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk

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.