Due to the inherent volatility of the crypto market, it is vital to tread cautiously. Careful consideration, and thorough analysis of cryptocurrencies, before making an investment, is necessary.
This article will critically analyze the market performance, and growth prospects of Solana (SOL), Ethereum (ETH), and Everlodge. The newly-launched project, Everlodge, has quickly become the hottest investment asset. Experts have forecasted that the project’s value will surge by 3000% after the ongoing presale round.
Solana (SOL) Rises In NFT Sales But Not In Development Activity
The Solana (SOL) network has been struggling to find a balance for the past many weeks. The latest data from Cryptoslam has revealed that Solana (SOL) was recently able to record an NFT sales volume of over $1.5 million in just 24 hours. This helped Solana (SOL) overtake Polygon, and become the second-largest network, after Ethereum.
However, not all is green for Solana (SOL). As per Santiment’s data, the development activity on the Solana (SOL) network has declined by 35% in the last month. Subsequently, the trading price of Solana (SOL) has also plummeted by 18% during the same period.
At press time, Solana (SOL) is changing hands at $21.14.
Everlodge
Ethereum (ETH) Eyes Launching Holesky In September
As the overall crypto market has remained gloomy, Ethereum (ETH) has increased its efforts to improve the network growth. As per some reports, Ethereum (ETH) is planning to launch its new testnet, Holesky, in September.
With Holesky, Ethereum (ETH) aims to enhance infrastructure, and product development in its ecosystem. Moreover, Holesky will operate in tandem with Sepolia. The latter will replace Goerli in 2024 as the primary testnet for the Ethereum (ETH) network.
However, Ethereum investors are concerned due to the continuous drop in ETH’s price. Ethereum’s (ETH) current trading price is $1,666.85, following a drop of 11% in the past month.
Early Everlodge (ELDG) Investors Can Get 3,000% ROI
Going by the market records, the value of the global real estate industry is over $280 trillion. Interestingly, the vacation rental market is likely to grow at a CAGR of 4.7% in the next seven years. To revolutionize the hospitality, and real estate industry, Everlodge has built a first-of-its-kind blockchain platform.
It has introduced a hybrid property co-ownership business model. The platform allows people to own vacation homes, and luxury villas for as low as $100. The platform will create NFTs of real estate, including vacation stays, luxury villas, and hotels.
It will join hands with only well-known property developers, and luxury hotel chains to add the best properties to its ecosystem. After minting, the platform will fractionalize NFTs to enable retail investors to purchase them. These NFTs will be created against real-world properties; hence, their value is bound to increase over time.
The most notable benefit for token owners is access to the Rewards Club. The club grants ELDG holders free nightly stays across various properties available in its ecosystem. They can also trade these stays to generate extra income.
ELDG is the native crypto of the platform, and its owners will get multiple benefits, like holiday property raffles, giveaways, discounts on transaction fees, and staking rewards. Its presale round has begun, and the tokens are selling out fast. Currently, the tokens cost only $0.01, but their price will rise to $0.012 in the next stage. Besides, ELDG can jump by 280% during the presale round.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
