Bitcoin Breaks $28k Barrier, What Does This Mean For Orbeon Protocol And Solana?
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Bitcoin (BTC) is pioneering the cryptocurrency market, increasing in value by 14.67% in the past five days. Having now reached a price of $28,376, many analysts believe the crypto market could boom, which would be good news for Solana (SOL) and Orbeon Protocol (ORBN).
While Solana (SOL) is gradually increasing in price following its recent fork issue, Orbeon Protocol (ORBN) has just hit a new all-time high of $0.0921, as rhe end of presale is closely approaching.
Bitcoin (BTC) Leads The Crypto Market With Price Surges
With the banking world in crisis, Bitcoin (BTC) is thriving. Many investors now believe that Bitcoin (BTC) could be a safe alternative to traditional fiat currencies after several US banks collapsed and European bank Credit Suisse needed a bailout.
One Bitcoin (BTC) is currently worth $28,376, with market experts predicting that Bitcoin (BTC) could pass $29k in the next week. This would be great news for the crypto market and could potentially end the recent bear run that’s caused every crypto to decline in value over the past twelve months.
With price predictions looking up, Bitcoin (BTC) daily trading volume has boomed over 57%, taking trading volume to $48.6 billion.
Solana (SOL) Trading Volume Up 76%
The recent Bitcoin (BTC) boom has been great news for Solana (SOL). After increasing in price by 11.32% in the past five days, Solana's (SOL) daily trading volume has surged by 75.23% to $887.6 million. Given Solanas (SOL) ever-growing utility throughout the DeFi market, both investors and analysts believe that Solana (SOL) could hit new highs once the recent bear market ends.
Given recent market trends, if Bitcoin (BTC) continues to rise in value, it’s likely that Solana (SOL) will follow, which is great news for holders who bought Solana (SOL) earlier in the year.
Bitcoin Growth Will Bring New Buyers To Orbeon Protocol
Bitcoin (BTC) growth is great news for the DeFi presale market, as many investors will return to the industry looking to diversify their portfolios. Having already achieved huge success with price increases of 2203% during its presale, Orbeon Protocol (ORBN) is in the perfect place to capture the attention of these new investors.
Orbeon Protocol (ORBN) provides investors with a number of lucrative ways to profit from the ever-growing crowdfunding industry. For the first time ever, retail investors will have the opportunity to buy equity in the hottest new startups with NFT technology. Here’s how it works.
Vetted startups can create and sell NFTs that represent equity in their business. These are advertised and sold on the Orbeon launchpad, and held in Orbeon wallets which are compatible with ERC-20 tokens and fully decentralized. Investors can then hold their NFTs to make long term profits or sell them on the Orbeon swap.
This entire ecosystem is protected with rug prevention features, and the Orbeon Protocol (ORBN) smart contract has been audited by Solid Proof. Market experts now anticipate that Orbeon Protocol (ORBN) will surge again following its new all-time high, with price estimates going as high as $0.24.
Find Out More About The Orbeon Protocol Presale