And it seems to remain steady, as newer cryptos built on the Ethereum blockchain, such as ຫຼຽນຕາໃຫຍ່, are also proving to be bear market challengers.
Solana (SOL) Loses 83% Value In 2022
SOL, the native token of the Solana blockchain, an Ethereum blockchain competitor, has not been doing so well in 2022. Since the start of the year, this cryptocurrency has lost around 83% of its total value so far and is only dropping further.
Many believe SOL to have fair transaction fees and the Solana blockchain itself to be highly efficient and stable. However, after a recent power outage that meant the Solana Blockchain was offline for more than four hours, its reputation was a little tarnished.
Polkadot (DOT) Also Loses, With 77% Less Value Than In 2021
Labelled as an Ethereum blockchain competitor by Forbes, Polkadot, is a multichain protocol that connects a network of blockchains and facilitates cross-chain transfer. The native token of this protocol is DOT. This coin is used for three main reasons: staking in operations and security, governance and bonding tokens to connect parachains.
Recently, Polkadot announced the highest development activity within its lifetime. However, this has seemed to have little impact on the valuation of DOT itself or its competition with Ethereum.
ERC-20 Token Big Eyes Coin Meets $8,400,000 Of Stage 6 Presale
For more information on the Big Eyes Coin project:
ຂາຍລ່ວງໜ້າ: https://buy.bigeyes.space/
ເວັບໄຊທ໌: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
ຂໍ້ສັງເກດ
ຂໍ້ມູນໃດໆທີ່ຂຽນໄວ້ໃນຂ່າວນີ້ ຫຼືໂພສທີ່ໄດ້ຮັບການສະໜັບສະໜູນບໍ່ໄດ້ເປັນຄຳແນະນຳການລົງທຶນ. Thecoinrepublic.com ບໍ່, ແລະຈະບໍ່ຮັບຮອງຂໍ້ມູນໃດໆກ່ຽວກັບບໍລິສັດຫຼືບຸກຄົນໃນຫນ້ານີ້. ຜູ້ອ່ານໄດ້ຖືກຊຸກຍູ້ໃຫ້ເຮັດການຄົ້ນຄວ້າຂອງຕົນເອງແລະດໍາເນີນການໃດໆໂດຍອີງໃສ່ການຄົ້ນພົບຂອງຕົນເອງແລະບໍ່ແມ່ນມາຈາກເນື້ອຫາໃດໆທີ່ຂຽນໃນຂ່າວນີ້ຫຼືການປະກາດທີ່ໄດ້ຮັບການສະຫນັບສະຫນູນ. Thecoinrepublic.com ແມ່ນ ແລະຈະບໍ່ຮັບຜິດຊອບຕໍ່ຄວາມເສຍຫາຍ ຫຼືການສູນເສຍທີ່ເກີດຂຶ້ນໂດຍກົງ ຫຼືໂດຍທາງອ້ອມໂດຍການນຳໃຊ້ເນື້ອຫາ, ຜະລິດຕະພັນ ຫຼືການບໍລິການທີ່ໄດ້ກ່າວມາໃນຖະແຫຼງຂ່າວ ຫຼືການສະໜັບສະໜຸນນີ້.
Source: https://www.thecoinrepublic.com/2022/10/23/ethereum-killers-solana-and-polkadot-crash-amid-erc-20-token-big-eyes-coin-surpassing-8-4-mil/