The bull season may have taken a breather for the likes of Aptos (APT) and Solana (SOL). Still, TMS Network (TMSN), a DeFi platform that exceeds all expectations as it navigates its way to phase 4 of its presale, is continuing its price trend north. With almost 2000% ROI already secured for early TMS Network investors, it’s certainly not slowing down, but where does this leave Aptos and Solana in their quest for price discovery?
TMS Network (TMSN)
TMS Network has earned its early investors huge gains, but what about this new DeFi platform attracting so much attention? Well, it not only offers powerful trading features, but with a host of asset classes available on one single platform, traders now get to save time and money by closing all their deals on one unified platform.
TMS Network (TMSN) also provides users with opportunities to earn a passive income through its unique token utility. This sets the platform apart as it facilitates mass trading and empowers users to generate additional income streams.
The $TMSN token lies at the heart of TMS Network’s (TMSN) ecosystem. Token holders can participate in staking, which involves locking their tokens in a designated wallet to support the network’s operations.
By staking their tokens, TMS Network (TMSN) users become liquidity providers, enabling the smooth functioning of the platform. In return for their contribution, users earn a percentage of the trading fees generated on the platform.
Many more features make TMS Network the driving force behind the altcoin bull season. But what does its success mean for Aptos and Solana?
Aptos is a groundbreaking Layer 1 Proof-of-Stake (PoS) blockchain that boasts a vision of mainstream adoption by solving real-world user problems.
At the core of Aptos is the Move programming language, independently developed by Meta’s (formerly Facebook) Diem blockchain engineers. Move offers distinct advantages over other languages, and it enables Aptos (APT) to easily verifiable blockchain commands, making it super fast and scalable.
It allows Aptos to boast an exceptional transaction throughput, which in theory, is over 150,000 transactions per second. The innovation for Aptos (APT) doesn’t stop there because its parallel execution engine, Block-STM, allows Aptos to process and validate transactions simultaneously.
Not all is well and rosy at Aptos (APT); however, as crypto fraudster Sam Bankman-Fried partly funded it, it’s difficult for the promising token to attract new investment.
Solana is a high-performance blockchain that provides fast, secure, scalable solutions for dApps and cryptocurrencies. Before 2022 Solana (SOL) was the most likely Ethereum (ETH) killer.
This was, first and foremost, down to the impressive transaction speed Solana offers. By using a combination of innovative technologies, such as a Proof-of-History algorithm and high-performance network architecture, Solana (SOL) is capable of handling thousands of transactions per second, making it one of the fastest blockchain platforms.
Solana also boasts super-low transaction fees, making it cost-effective for users to interact with dApps and pay for transactions. Then there are the developer-friendly tools that Solana offers. These provide a robust ecosystem for developers to build blockchain-based solutions, making Solana attractive.
But the problem with Solana (SOL) is its relationship with Sam Bankman-Fried. It can’t shake off the scammy connections from last year, and this is certainly playing into the hands of new tokens such as TMS Network (TMSN), whose presale continues to attract a growing number of global investors on a large scale.