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Cryptocurrency Market: Regaining Positions and New Technologies

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by Giorgi Kostiuk

3 hours ago


The crypto market experiences renewed interest. Sui is speculated for a rebound, while Avalanche attracts innovation. Additionally, Web3Bay introduces e-commerce innovations.

Increased User Engagement on Sui's Platform

Sui (SUI) is seeing a notable increase in user activity: daily active addresses have reached 1.4 million. Despite the recent 23.71% price drop, this could indicate potential growth prospects. Buying volumes are currently outpacing sales, enhancing investor sentiment, particularly with daily new registrations at 1.1 million.

Avalanche: Exploring New Horizons

Avalanche captures attention with its technologies aimed at solving scalability, security, and decentralization challenges. Its compatibility with Ethereum has encouraged multiple projects to transition to its platform, promoting growth and ecosystem expansion. The project scales with over 4,500 TPS processing speed, minimal transaction fees, and an energy-efficient Proof-of-Stake protocol.

Web3Bay: New Trends in Peer-to-Peer Sales

Web3Bay introduces innovations in social commerce by eliminating intermediaries and providing payment options in crypto and fiat currencies. Utilizing blockchain technology enables instant, secure transactions and eliminates chargeback risks through smart contracts. In its presale, Web3Bay successfully raised $1.6 million, selling over 390 million tokens, offering competitive opportunities in a rapidly expanding market.

Increased engagement on Sui and advanced technologies of Avalanche offer promising development, while Web3Bay marks a new milestone in e-commerce and showcases a transformation in social commerce through blockchain.

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