A good trading session sees Solana, MATIC and The Sandbox metaverse among the leading crypto assets.
News and price analysis of Solana, MATIC and Sandbox crypto assets
Let’s take a look together at how Solana, Matic, and The Sandbox are performing on a fairly positive day.
Solana (SOL): the crypto’s performance compared to MATIC and Sandbox
SOL is up 5% this week and continues its positive streak by gaining an excellent 1.36% again today.
As of today Solana touches 20.60 euros, which is a recovery but far from its highs.
Despite the fact that the price of the token is growing it is certainly not a bull run, though it seems to indicate that the direction taken will remain that way.
SOL volumes are growing by a few percentage points, which means that with it interest in crypto is growing.
The circulating supply is also growing as a percentage and SOL reaches 11th place in market capitalization with $9 billion.
Solana is based on proof of history i.e., a record of executed transactions that are chained moon to moon.
The system is decentralized and can support 50,000 transactions per second to date.
Sandbox is also active in the NFT space; it has implemented Claynosaurz, Panda, Pixel Boy, Moo Doo, ACF, and y00ts NFTs in its platform.
The company competing with Ethereum is grappling with a diversification of its core business, or more precisely with the marketing of its latest smartphone initiated a few months ago now.
Juxtaposing cell phones with the crypto world sounds strange but not at Solana, which with a collaboration launched months ago, in 2022, its latest smartphone version.
The “Solana Saga,” as it is called, is on offer at an introductory price of $1,000 and can be purchased on Solana’s portal.
The crypto-phone has adopted high security standards in addition to a fingerprint scanner and allows it to operate directly from Solana’s blockchain.
The screen will be 6.67 inches (2400 x 1080 pixels) and refresh at 120 Hz while the processor is a Snapdragon 8+ Gen1 from Qualcomm.
Storage will be 512 GB, expandable to 1 Tera while the camera will be a 50-megapixel Sony.
The system is the proven Android 13 with a 4,110 mAh battery and fast charging.
After a week that saw it lose almost 7% Polygon regains momentum and in 24 hours recovers 2.91% stopping at €1.06.
Polygon (MATIC) will launch zkEVM whose beta version will see the light of day on Monday, 27 March on the mainnet.
ZKEVM is an upgrade that the community is taking great interest in and promises to also benefit Token performance greatly in terms of value.
The launch of zkEVM puts Polygon in a prime position among layer-2s on the Ethereum blockchain, on par with other heavy hitters such as Optimism, Arbitrum and Shibarium.
Polygon (MATIC) will be the first Layer 2 to boast zkEVM, a zero knowledge scaling solution that can run with Ethereum Virtual Machine.
The upgrade will enable it to also run smart contracts and developer tools, moreover, Polygon in itself is more scalable than Ethereum.
The Sandbox is the playground metaverse for all content creators and gamers to develop new products, trade and monetize.
The company relies on the native crypto SAND, which is the trading currency for lands, tools, NFTs, and whatever else The Sandbox has to offer.
The price of SAND continues the weekly trend that has seen it appreciate over the 7 days by 1.70% sporting a +1.34% performance to €0.60.
In a recent interview that appeared on The Cryptonomist entitled “The Sandbox (SAND) metaverse: interview with CEO Sebastien Borget,” the NFT Paris event was the proper venue to bring The Sandbox founder Sebastien Borget to the microphones.
On that occasion, Sebastien Borget had a chat with our CEO Amelia Tomasicchio and talked about the future of The Sandbox, NFTs and the Metaverse.
For Borget, the world of NFTs will not be a bubble but rather is destined to continue and grow in the years to come.
The level of attention to NFTs is such that according to the founder of The Sandbox it is more likely to evolve than to meet its end.
As far as the metaverse is concerned, according to Borget there should be a push toward cooperation between metaverses in order to arrive at a transversality that allows one to jump from one virtual reality to another.
With this in mind, together with other metaverses The Sandbox has founded the Swiss-based Metaverse Alliance, which is an initial core of programmers with the aim of facilitating the transition between metaverses and cooperating for common growth.
As to where he sees his creature in the future, Borget explained that his team is constantly working to improve the playability, speed, quality and potential offered in order to grow in numbers and quality of the product offered.