Solana (SOL) and Cronos (CRO) shape up to ride the bull run on the crypto market in the near future.
Analysis of Solana and Cronos crypto assets
Solana (SOL) and Cronos (CRO) are among the most interesting cryptos to focus on for the near future.
Downward setback reaching 7% after a bullish double climb for Cronos Chain’s CRO in the past day.
The Accelerator, which is a quarterly road map with the purpose of attracting new blood from the perspective of platform developers, is the driving force behind the future.
Cronos is putting up $100 million in resources and workshops aimed at giving Cronos the boost it needs to get off to a great start in 2023.
The first stop to get Cronos out of the slump it’s in today is the AMA, which today will introduce the players, funders and insiders to the accelerator program.
The AMA wants to attract third-party app IT developers to the Cronos ecosystem, which is currently at the bottom of the pile when considering what direct rivals also have to offer when it comes to TVL.
Accelerator that Cronos unveiled last month, on the 24th to be exact, will be held today with an AMA on Twitter.
A month after the launch of the initiative, there will be a stop to project applications after which, on 17 April, the projects will be announced.
The final part of the program that will see the projects given visibility in the Demo Day on 10 July will begin on 24 April.
Cronos support will not only be technical but will be inclusive of pitches aimed at applying for funding and of course funders.
The Accelerator project is a true start-up incubator that we hope, by joining the Cronos community, will give the company the momentum it needs to get going again.
After the Layer-2 season, this upcoming one looks like the Layer-1 season, and it can only do Cronos good.
The section is full of excellent contenders for the title of best Layer 1 and unfortunately there is not only Cronos, we also find Fantom or Aptos among the rivals.
Given up for dead a month and a half ago, like a phoenix, Solana (SOL) has managed to rise from its own ashes.
In a little more than 30 days, the price of SOL has reversed the trend with an excellent influence on the token’s value in the market.
Today is underwhelming for many of the market’s most interesting crypto assets, and Solana is no exception.
The token brings home a -7% at the time of writing this article and is currently worth €22.24.
The strike has been landed, but as was the case with Cronos, the future looks promising for Solana as well.
Helium will officially move its structure to Solana’s blockchain and this should bode well for the future.
This move by Helium has long been in strong doubt, but now the confirmation is here and industry insiders can breathe a sigh of relief at last.
The change from Helium to Solana will take place on the 27th of next month, at which time Helium will develop its potential on Solana.
Last week had buoyed investors’ hopes, but after a 30% run SOL came to a halt, though analysts say it is set to recover.
SOL’s setback today is the result of the crossfire in the crypto and stock markets, but investors are confident of a bright future.