Solana’s (SOL) value has surged in the last 24 hours. This surge has been triggered after the lawsuit against XRP found the project wasn’t a security. While Solana chase's annual highs, Tradecurve (TCRV) continues to surge.
The decision could impact Solana as the project was recently classed as a security by the SEC. As a result, trading activity is up and further price surges are predicted over the next week. It recently hit an all-time high of $0.018 and is now expected to rise again as stage four of its presale sells out. Here’s how the two compare.
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Solana Surges By 33% After SEC Ruling
Solana’s price increased by 33.31% in the last 24 hours. During this rise, Solana hit its highest value since November 2023. As a result, trading volume is up by 372.66% and hit $2.6 billion.
In June, Solana’s value crashed to lows of $14.49. This categorization slowed down Solana’s ecosystem growth. Thus, causing Solana to fall behind competitors and thus decrease in price. However, this latest lawsuit update suggests that Solana could fight back against this categorization.
Solana was trading at $29.14 at the time of writing. Its value is 87.98% higher than mid-June and now experts believe that Solana could hit $30 over the weekend.
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According to Solana reports, Solana’s ecosystem grew by 63% in Q1. Having just hit its highest daily trading volume in 2023, experts believe that Solana’s growth in Q3 could be even higher. As a result, many investors are buying Solana with the aim to boost their portfolios going into the second half of 2023.
>>Register For The Tradecurve Presale<<
Will Tradecurve Keep Up With Solana?
Having already increased in price by 80% during its presale, Tradecurve will outperform Solana. Tradecurve bridges the gap between decentralized and centralized finance with its hybrid exchange.
This exchange could be the solution to many of the issues in the DeFi space. Most exchanges currently suffer from several drawbacks. Firstly, centralized exchanges are prone to regulation. Recent lawsuits against Binance and Coinbase have shown that no platforms are out of reach. This has caused many investors to look for decentralized alternatives.
In addition, confidence in exchanges is declining. In the past year two major exchanges collapsed and there were several reports about the misuse of investors funds. This has created distrust among holders who prefer to retain control of their assets.
Tradecurve solves these and offers more. As a decentralized platform investors can trade anonymously. Furthermore, Tradecurve will be compatible with self-custody wallets so users will always remain in control of their funds. To create an account, investors will only need to input an email. After this, they can trade assets by depositing crypto and disconnect their wallets once finished.
Experts believe Tradecurve has huge potential throughout the DeFi space. Its token value will increase 50x from its starting price. As a result, some have nicknamed Tradecurve the new Binance ICO.
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TCRV token holders have benefits throughout the Tradecurve ecosystem. These include account upgrades, staking bonuses and subscription discounts. The discounts alone will be a huge selling point, with subscriptions to copy trading and AI bots already being in high demand. As a result, Tradecurve’s current price of $0.018 is being called a huge bargain.
For more information about $TCRV presale tokens:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
