Solana and Toncoin continue to gain traction as major platforms for new DeFi projects. This article explores the current trends and dynamics of these blockchains.
The Rise of Solana in DeFi
Solana serves as a foundation for DeFi applications due to its permissionless blockchain architecture. Platforms like Jupiter, Orca, and Raydium, along with lending protocols Solend and Oxygen, are built on Solana. Solana attracts investors' attention with its high functionality and native token SOL, which has become a favorite among investors. It is expected that SOL's value could reach $300 with improved market conditions.
Toncoin's Exclusive Support in Telegram
Toncoin became the sole blockchain supported by Telegram, as demonstrated by a series of updates from the Ton Foundation. With DeFi features encompassing payment processing and P2P exchange transactions, Toncoin becomes an integral part of the Telegram ecosystem. Significant growth of Toncoin is expected in the near future thanks to new cooperation mechanisms and exclusive Telegram support.
1Fuel's Impact on the DeFi Market
1Fuel represents a revolutionary solution for blockchain users by offering transactions without the need to hold the network's base currency. Users can execute cross-chain transactions using a single wallet without restrictions. Experts predict substantial development for the platform due to its unique capabilities and the presence of a P2P exchange and cold storage solutions for users.
Solana and Toncoin continue to attract attention from developers and investors, becoming key blockchains for new DeFi projects. With the development of 1Fuel, the blockchain technology market enters a new phase, offering users more innovative and functional solutions.
