It’s no secret that Solana has been on a steady decline. It’s fallen from its all-time high of $260 to as low as $12. Meanwhile, Orbeon Protocol is being purchased in droves. Orbeon Protocol is still in the second phase of its presale and analysts are predicting a 6000% rise in price over the next few months. So why are so many switching to Orbeon Protocol (ORBN) and leaving Solana (SOL)?
Solana is a popular layer-1 solution and has been a top-15 cryptocurrency by market cap since the last bull run. The project aims to provide seamless and secure communication between every component in its massive ecosystems and is a go-to NFT platform. So, why have so many people been leaving Solana for projects like Orbeon Protocol?
First, the market as a whole has been on a decline. That’s naturally going to bring blue-chip cryptos to their knees temporarily. However, Solana has fallen more than most cryptos. This is partially because of Solana’s rampant hacks and outages that have led to a decline in investor trust. While not directly the fault of the Solana team, there exists the perception that Solana is a poorly made blockchain and investors are skeptical about its future.
Orbeon Protocol (ORBN)
Orbeon Protocol is making the headlines for a much bolder reason. Orbeon protocol is revolutionizing the venture capital and crowdfunding space, as it mints NFTs that represent the equity of exciting, early-stage companies. Investors can then make fractional investments in these exciting early-stage companies by buying and trading those NFTs for as little as $1.
Orbeon Protocol’s “Fill or Kill” feature protects investors from failed fundraising rounds. The mechanism is baked directly into the smart contract and will automatically return the investment funds to investors in the case that fundraising fails.
Orbeon Protocol recently announced a “Winner’s Circle” VIP club where members get a super rare NFT that grants benefits like face-to-face meetings with startup founders and special access to private funding rounds.
Orbeon Protocol’s ecosystem is fueled by the ORBN token, which offers holders governance, staking, and more. The total supply is 888,000,000 tokens and each is currently worth $0.021. That price will not last long according to market experts who predict ORBN will see a massive 6000% price surge to $0.24.
With so much short-term and long-term potential, it’s clear why investors are leaving Solana (SOL) for the Orbeon Protocol (ORBN).
Find Out More About The Orbeon Protocol Presale
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