The good news is that as cryptocurrency prices continue to decline, while the stock market has been considered in a bear market since January 2022, costly investments are now much more accessible. This is the ideal moment to buy if you’ve been debating whether to purchase cryptocurrencies because prices are at their lowest point in a long time.
In this article, we look at Solana(SOL) and Supontis(PON), which are value tokens that have the potential to be as impactful as Bitcoin (BTC).
Bitcoin is an electronic currency. There are no banknotes to print or coins to manufacture. It is decentralized; no government, organization (such as a bank), or other entity has control over it. Bitcoin links buyers and sellers with encryption keys and peer-to-peer software; owners aren’t identified by names, tax IDs, or social security numbers. Furthermore, unlike traditional currencies, bitcoin is “mined” by powerful computers linked to the internet rather than being created from the top down.
Bitcoin was developed as a means of digital money transfer. The goal of the digital currency was to offer a different form of payment that would otherwise function similarly to existing currencies.
In addition to money, there are many other items that humans value highly, such as gold and diamonds. Cocoa beans were even used as currency by the Aztecs! People are prepared to trade bitcoins for genuine products and services, as well as actual money, making them valuable.
Cryptocurrencies are designed to be used for transferring value (similar to virtual currency) via a decentralized user network. Numerous altcoins—those that are not Bitcoin or occasionally Ethereum—are categorized in this fashion and are occasionally referred to as value tokens, like Solana(SOL) is.
The Solana Foundation and Solana Labs introduced Solana in 2017 as a decentralized blockchain designed to support scalable, user-friendly apps. By integrating proof-of-stake and proof-of-history consensus processes, Solana can theoretically handle up to 65,000 transactions per second while charging modest fees. The native cryptocurrency of Solana, known as SOL, which is used to pay transaction fees, has no theoretical maximum supply.
Solana employs a novel strategy to address the issue of scalability. Solana combines software algorithms with continuously improving hardware performance, based on Moore’s Law, which states that with technological advancement, the speed and capability of computers can be expected to double every two years. This differs from most blockchain projects with the same mission, which uses sharding or layer-2 solutions. Solana’s design seeks to satisfy all three characteristics of the ideal blockchain: scalability, security, and decentralization.
uring the cryptocurrency bull runs of 2020 and 2021, Solana had one of the strongest growth rates. As of July 25, 2022, it is still holding strong, ranking #9 in terms of market cap. Despite being relatively recent, Solana has been able to support a number of cutting-edge technologies that have a clear vision for the crypto market.
Supontis(PON) has become valuable because of its desire to radically revolutionize how the world views blockchain interconnectivity. They allow for seamless and simple communication across different blockchains and connect one blockchain network or ecosystem to another. They also make it possible for the movement of data and assets.
The Supontis(PON) ecosystem possesses a staking component and a decentralized autonomous organization (DAO) interface for its governance powered by its native token, PON.
Supontis avoids a centralized structure, much like Bitcoin. It is a community-driven DAO, and the community decides how it will be governed. Supontis(PON) employs a decentralized autonomous organization (DAO), which implies that future platform ideas and operational decisions must be proposed and approved by users of the network. By owning and holding PON, users may take part in the network’s governance and voting procedures.
The native utility token of the ecosystem, PON is a BEP20 token built on BNB Smart Chain which can be used to pay transaction fees. Holding this token gives users access to governance rights in the ecosystem. Token holders can vote on proposals in the Supontis DAO. Supontis(PON) takes advantage of BNB Smart Chain’s robust infrastructure, it takes the safety of its users’ assets very seriously and that is what we want for our users also.
The goal of Supontis(PON) is to totally eliminate the barriers preventing cross-communication between users on different blockchain networks and full blockchain connectivity.
As its presale develops, Supontis (PON) also offers various benefits. Supontis(PON) buyers using Bitcoin (BTC) will receive a 15% bonus, while those using Solana will receive a 16% incentive (SOL). There is a 20% incentive for purchases over $1000 and a 10% bonus for purchases of $500 or more. A 6% bonus is kept for merely purchasing Supontis(PON) at its stage 1 presale.
Click on the links below for more information on Supontis(PON)
Supontis Token (SUP)
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