Place/Date: – January 13th, 2023 at 8:20 am UTC · 2 min read
Source: Snowfall Protocol
In the past week, Ethereum staking protocol tokens such as Lido Dao (LDO) and Rocket Pool (RPL) have seen a considerable surge in price – with LDO rising by 177%, RPL by 44% and Stakewise (SWISE) by 125%. This demand was fuelled by rumors that the Ethereum Foundation would soon release an upgrade making ETH staking possible on the proof-of-stake blockchain. The resulting increase in the value of LDO has recently leveled off, but there is speculation that Snowfall Protocol (SNW) might be the next big crypto player.
Snowfall Protocol (SNW) is making great strides as it attempts to resolve the interoperability issues that have been troubling the crypto industry for some time. Existing protocols like Celer, Ren and Cartesi can help, but they cannot provide interaction between multiple blockchains and their assets. Snowfall Protocol (SNW), however, has been developed to bridge this gap, opening up possibilities of tokenized services. The success of the SNW token has been tremendous – it achieved a record-breaking 240 million units sold in just three presale rounds. Its immense potential has made it an instant hit among investors, who have seen returns of 250% already and could experience up to 15000% growth in a short span of time as more people get aware of its value.
Zilliqa (ZIL) Not Far Behind
Zilliqa (ZIL) uses sharding to increase its transaction speed and a verification algorithm ‘Practical Byzantine Fault Tolerance’ which makes it more efficient than the traditional model. This has made it a popular option among crypto networks looking to scale up. Zilliqa (ZIL) is primarily used for payment and settlement systems, games and marketplaces, and free applications (dApps). The token is already making impressive gains of 46% this year, but Snowfall Protocol’s (SNW) is predicted to generate even higher returns of 1000%+ in the first quarter of 2023. It’s therefore no surprise that SNW token looks like the best investment opportunity compared to Zilliqa (ZIL) and Lido Dao (LDO). Learn more about how to invest in the Snowfall Protocol (SNW) here.
To learn more about Snowfall Protocol, visit: Presale, Website, Telegram, Twitter.
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