Solana (SOL) Faces Another Outage in a Month, Polygon (MATIC) to Launch a Layer-2 solution Soon, TMS Network (TMSN) Reaches New Heights During Presale | Coinspeaker

Solana (SOL) Faces Another Outage in a Month, Polygon (MATIC) to Launch a Layer-2 solution Soon, TMS Network (TMSN) Reaches New Heights During Presale

March 5th, 2023 at 4:08 pm UTC · 4 min read

Solana (SOL) Faces Another Outage in a Month, Polygon (MATIC) to Launch a Layer-2 solution Soon, TMS Network (TMSN) Reaches New Heights During Presale

While Solana (SOL) faced another major issue in its operations this month, and Polygon (MATIC) is set to launch its SVM layer with Eclipse, TMS Network (TMSN) is also rising in popularity. Read below to know why TMS Network (TMSN) has been gaining investors’ eyes lately.

Solana (SOL) Gains Bad Reputation Owing to Frequent Outages

The Solana (SOL) protocol, another Ethereum competitor, is an open-source project that facilitates the development of decentralized apps (dApps) on its platform, and provides decentralized financial services. On 25th February, Solana (SOL) suffered from performance degradation problems, which later led to a complete restart of the chain. This isn’t new for Solana (SOL), as it has happened earlier this year as well. These recurring issues have put Solana (SOL) in a bad light where the crypto community is questioning the effectiveness of the ‘Ethereum-killer.’ However, the Solana (SOL) team is working day and night to resolve these hurdles, and assure the network’s relevance. As for Solana’s (SOL) market performance, it is currently trading at $22.42, and is down by 2.5% in the past 24 hours. This past week, Solana (SOL) has suffered a slump of over 13%. This could be due to the recent outages in the Solana (SOL) network. It can’t be said whether Solana (SOL) would face further price slumps and hence, it is advisable to be careful before investing in it.

Polygon (MATIC) will Support Solana-based Contracts in Future

Polygon (MATIC) is the first simple-to-use ecosystem of Ethereum-compatible blockchains. The primary goals of Polygon (MATIC) are to streamline scalability, and optimize blockchain transactions. Polygon (MATIC) has announced a layer-2 solution for its network in collaboration with Eclipse. This new feature by Polygon (MATIC) will use SVM (SeaLevel Virtual Machine), and would make the ecosystem compatible with Solana as well. Earlier, Polygon (MATIC) only supported Ethereum-based smart contracts but with this oncoming update in late Q1 2023, Solana-based contracts will also be supported. The new layer addition for Polygon (MATIC) is believed to impact it positively in the future. Polygon (MATIC) is currently priced at $1.22, and is down by 0.97% in the last 24 hours.

TMS Network (TMSN): a Savior for Novice Traders

TMS Network (TMSN) provides a safe, quick, and effective way to trade stocks, CFDs, cryptocurrencies, and forex. All transactions carried out on TMS Network (TMSN), which is based on blockchain technology, are open, secure, and impermeable. In addition to lowering costs and processing transactions more quickly than other choices on the market, TMS Network (TMSN) eliminates middlemen. Despite being a novice to trading, anyone may utilize TMS Network’s (TMSN) user-friendly interface. As a result, the platform serves a large clientele and entices novice traders to join more eagerly. TMS Network (TMSN), in addition to being simple to use, also equips its customers with the knowledge they need to make wiser trading decisions. TMS Network (TMSN) offers traders a range of trading tools and resources, including market research, trading signals, and instructional materials, to aid in their decision-making. Users will also have access to a trading community where they can interact and learn more. The revenue-sharing structure of TMS Network (TMSN) is yet another intriguing benefit. Each trade is subject to a tiny commission fee from the platform, which is split between the platform and its token holders.

Hence, only by holding TMS Network’s (TMSN) native token, you can make money. Crypto experts believe that TMS Network (TMSN), which is now in its presale for $0.025, has a promising future. Therefore, don’t miss out, and sign up for stage 2 of presale right away, as stage 1 sold out early.

You can find out more about TMS Network: Presale, Website, Telegram, Twitter.

Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.