Solana to spike following hyperdrive hackathon portal, Ethereum sees less activity per Messari, Tradecurve Markets opens derivatives trading to anyone

October 12, 2023 09:35 PM NZDT | By Invezz
 Solana to spike following hyperdrive hackathon portal, Ethereum sees less activity per Messari, Tradecurve Markets opens derivatives trading to anyone
Image source: Invezz

The Solana (SOL) Hyperdrive Hackathon submission portal went live. As a result, interest in the crypto has increased. Also, Ethereum (ETH) saw a high level of attention recently. It was revealed that 60% of all of the transactions were done on Layer-2 solutions. Moreover, Tradecurve Markets (TCRV) is also getting recognition, as it will open the derivatives market to anyone globally. 

Solana (SOL) has the potential to surge to $29.22 based on analyst projections

Solana (SOL) recently announced that the submission portal for the Hyperdrive Hackathon is live. Team leaders will now need to create an account and complete project submission questions in the portal.

Anyone can submit a proposal for this Solana hackathon by October 15. This raised a high level of hype and attention to the project and has the potential to contribute towards increased value. 

The Solana crypto traded between $21.90 and $24.12 during the previous week. Moreover, the crypto increased in value by 20.8% during the past 30 days. At this rate, analysts are bullish on the future of the token. According to the Solana price prediction, it has the potential to surge to $29.22 by the end of 2023.

Ethereum (ETH) has the potential to surge as high as $2,335.71 by the end of 2023

Ethereum (ETH) activity was dominant across Layer-2 solutions. In fact, they accounted for a total of 60% of all of the activity in Q3 of 2023. Moreover, based on the report made by Messari, the Coinbase base Network did more transactions than Ethereum’s own mainnet did. In addition, Optimism as an L2 saw an increase of 40%

During the previous week, the Ethereum crypto saw its low point at $1,561.31, with its high point at $1,656.82. In addition, Ethereum has grown in value by 20% during the past year. Based on the Ethereum price prediction, it has the potential to surge to a maximum point of $2,335.71 by the end of 2023.

Tradecurve Markets (TCRV) to remove any barriers to entry to the derivatives market

TCRV is the primary currency within the Tradecurve ecosystem. This utility token will provide users that hold TCRV with rewards and perks they can use instantly inside the Tradecurve trading platform. Tradecurve Markets is an upcoming platform that will combine elements of CEXs and DEXs to provide a streamlined, all-in-one experience.

Anyone can access multiple classes through the platform. They can trade forex, crypto, stocks, commodities, and CFDs all from a single account, this approach will make it accessible to anyone globally.

Moreover, users will not have to worry about any mandatory KYC requirements, as they can just deposit crypto and use it as collateral. There’s an AI-driven trading bot. Through it, anyone can access automated trading and optimize their portfolio accordingly. Moreover, there’s leverage starting at 500:1 and a VIP account system.

During Stage 6 of the presale, the TCRV token trades at $0.03. So far, it has grown in value by 200%. At launch, it has the potential to jump by 45x based on analysts’ projections. The team will also list the token on Tier-1 exchanges and Uniswap DEX, making it far more accessible.

For more information about the Tradecurve Markets (TCRV) presale you can visit https://tradecurvemarkets.com/ or follow them on Twitter https://twitter.com/Tradecurveapp .

The post Solana to spike following hyperdrive hackathon portal, Ethereum sees less activity per Messari, Tradecurve Markets opens derivatives trading to anyone appeared first on Invezz.


Disclaimer

The content on this website, including, but not limited to, any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (“Content”) is a service provided by Kalkine Media New Zealand Limited (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide financial advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests users seek financial advice from a financial advice provider, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all liability to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without any express or implied warranties of any kind. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit a source wherever it is indicated or is found to be necessary or desirable.

Sponsored Articles


We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.