Solana Welcomes Treasury-Backed Tokens Courtesy of Ondo; Monero and Borroe Finance Poised for Major Strategic Moves

reportcryptos.com
5 Min Read

Solana (SOL) continues to call the shots in the crypto market after recently dethroning both XRP and Binance Coin (BNB) to become the fourth-biggest cryptocurrency based on market cap.

On the other hand, Borroe Finance ($ROE) and Monero (XMR) are making significant strides in the ever-changing crypto ecosystem on the foundation of notable developments.

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Borroe Finance Eyes Raising $2.5 Million at Presale

Based on Borroe Finance’s innovative approach in the crypto ecosystem, the network is recording exponential growth in its presale as investors join in droves.

By depicting itself as one of the best altcoins to buy since pundits see it as a major Web3 catalyst, Borroe Finance has already raised more than $2.14 million at presale based on heightened investor confidence.

The network’s native token called $ROE is going through the roof since it’s experiencing a buying spree from investors and early adopters, making it one of the best cryptos to buy now.

As a top crypto to invest in, more than 192 million $ROE tokens have been purchased at presale, with Borroe Finance being at Stage 3 where the price is retailing at $0.0175.

This is a 75% gain from the Beta Stage where $ROE was selling at $0.01, making it a good crypto to buy based on its long-term objective of changing stakes in Web3.

What’s making Borroe Finance tick? Well, the network borrows a leaf from the “Innovation Pays” slogan because it incorporates artificial intelligence (AI), smart contracts, blockchain technology, and non-fungible tokens (NFTs) into Web3 revenue financing.

As a result, Borroe Finance tackles the liquidity challenge that most Web3 artists, musicians, and content creators face in their line of duty because of factors like irregular payments, making it one of the best DeFi projects in the current age.

This is attained since Web3 participants get instant cash through Borroe Finance’s marketplace where they use their future earnings as collateral already converted to NFTs for a seamless trading experience.

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Solana Network Continues to Experience a Beehive of Activities Amid Monero’s Privacy Features Ticking

Ondo Finance, a real-world asset (RWA) tokenization platform, recently made a strategic move after expanding its treasury-backed tokens to the SOL network.

Ondo also incorporated its decentralized finance (DeFi) protocols like Raydium and Orca into the Solana blockchain. This decision comes shortly after Circle, the USD Coin (USDC) issuer, integrated its euro-backed stablecoin called EURC into the Solana network.

Treasury-backed tokens have played an instrumental role in triggering the tokenization momentum, and this development on the Solana network explains why SOL has been going through the roof.

This coupled with notable developments like heightened adoption of Solana-based memecoinBonk have made SOL to elbow both BNB and XRP to become the fourth biggest crypto

Solana’s value currently stands at $48.3 billion whereas that of BNB and XRP sits at $42 billion and $33.5 billion, respectively, according to CoinGecko data.

Meanwhile, Monero continues to stamp its authority in the crypto scene as the top privacy coin based on various major features.

XMR was up by 2.2% in the past week to hit $175.75 at the time of writing, according toCoinGecko.

Therefore, Borroe Finance, Solana, and Monero are emerging as some of the top altcoins.

Learn more about Borroe Finance ($ROE) here: 

Visit Borroe Finance Presale |Join The Telegram Group |Follow Borroe Finance on Twitter

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

 

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