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  • Writer's pictureConnie Chan

Solana trading volumes hit $1B, TOADS demand drives record prices.

Solana trading volumes hit $1B, TOADS demand drives record prices.
Solana trading volumes hit $1B, TOADS demand drives record prices.

The convergence between Neo banks and crypto has led to an improvement in payment rails for retail investors. Integrating crypto wallets into digital banks has made it easier for users to enter and exit the crypto market, leading to an increase in capital streams and a boost in the market.

Solana (SOL) trading volumes have reached $1 billion, and investors are showing confidence in this layer one by going long and betting on its resurgence. In addition, new DeFi projects, such as DigiToads (TOADS), are experiencing high demand and record-breaking prices. Analysts predict that the improved payment flow between Neo banks and digital assets is just the beginning of a significant trend, indicating that more capital will move from fiat into crypto.

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DigiToads (TOADS) Presale Eclipses $6.4 Million

DigiToads is a blockchain ICO that has gained attention due to its significant gains of 400% for early investors. The presale mechanism, which includes no vesting period, has allowed for dynamic adjusting prices and has resulted in the price of $TOADS holdings leaping. The presale is currently in its final stage, Lilypads 10, where 1 TOADS is priced at $0.05 before the official launch on August 21st, where the launch price will be $0.055.

What sets DigiToads apart from other ICOs is the vastness of its ecosystem, known as The Swamp. The Swamp provides investors with multiple earning opportunities and a community-first approach to ensure gains are evenly distributed amongst holders. The ecosystem's flywheel effect sees each feature generating revenue, which increases the ecosystem's value.

Toad-Cade, a play-to-earn game, offers players the chance to pit toad NFTs against each other to win part of the seasonal prize pool and funds an airdrop for all holders. The Platinum Toads initiative puts treasury management in the hands of the community's most skilled on-chain traders, which could propel $TOADS more than 900% in the coming weeks.

The Swamp also includes an education platform, NFT staking, and deflationary tokenomics, designed to pass value to holders and reward them fairly for their efforts in growing the ecosystem.

Solana trading volumes hit $1B, TOADS demand drives record prices. Solana (SOL) Trading Volume Soars

Solana (SOL) has experienced a surge in trading volume, with whales reportedly buying up large amounts of $SOL. Solana's developmental focus has always been on speed, and its unique hybrid consensus mechanism, combining Proof of Stake (PoS) with Proof of History (PoH), has made it one of the fastest layer one blockchains available. Solana trading volumes hit $1B, TOADS demand drives record prices.

As blockchain technology becomes increasingly popular for payment layers and transactions, Solana (SOL) has emerged as one of the most promising altcoins to invest in. Its high throughput, which was previously underutilized, has now found genuine application. In the wake of major FUD events, whales have taken advantage of the opportunity to purchase $SOL at an attractive price. Analysts predict that Solana (SOL) could reach a high of $49.42 by 2024, making it one of the top altcoins to keep an eye on this cycle.

Closing Thoughts: Investors Want Crypto Exposure

The growing partnership between Neo banks and digital assets has made it easier for investors to gain exposure to cryptocurrencies. This has led to a new era of finance where early adopters can expect to see an increase in their holdings. As the FED begins printing again, we may see a shift away from dollars. DigiToads is an example of a project that offers investors a chance to earn passive income and gain broad market exposure through a deflationary token. With its presale presenting an exciting opportunity, it could be a top performer this year. Don't miss out, participate today!

Disclaimer: This is a paid release that was not written by Crypto Online News. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Crypto Online News. Crypto Online News does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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