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In this article, we explore the goings-on in the TRON (TRX), Stellar (XLM) and Solana (SOL) communities. We discuss how important members of TRON (TRX) and Stellar (XLM) are embracing the integration of traditional financial systems with blockchain technology. Also, we analyze the Solana (SOL) downturn despite its last update.
We turn our attention to Kelexo (KLXO) and how it is attracting big investors, outlining its different approach and the allure of its presale.
Supporters of Kelexo (KLXO) can take part in pre-sale and buy tokens here.
TRON (TRX), Stellar (XLM) leaders discuss possible integrations
TRON (TRX) launched its decentralized blockchain-based operating system in 2017. It has created a decentralized internet where developers can build decentralized apps (DApps), competing with Ethereum’s market share. On the other hand, Stellar (XLM) created a decentralized protocol for payment providers and financial institutions linking people, banks and payment processors. They have both gotten market success with TRON (TRX) at a $9.73B valuation and Stellar (XLM) at $3.35B.
TRON (TRX) founder, Justin Sun, recently had an exclusive interview with GoCrypto. He spoke on the future of blockchain technology, the prospects of the Bitcoin halving event and TRON (TRX) 2024 vision. Specifically, he pointed to the growing interest of regulated finance institutions in the blockchain and how TRON (TRX) is embracing this innovation. The Stellar (XLM) Development Foundation's (SDF) CEO also discussed this in the Paris Blockchain Week.
Solana (SOL) update is not enough to overturn the price downturn
Solana (SOL) uses a proof-of-history (PoH) and proof-of-stake (PoS) hybrid consensus mechanism, facilitating the creation of decentralized apps (DApps). Over the years, Solana (SOL) has become one of the top contenders for Ethereum’s dominance through lower fees and higher scalability. It is now the 5th most valuable cryptocurrency by market capitalization, worth $69B.
Solana (SOL) has been a victim of its success. Its network has not been able to catch up with the increasing influx of developers and other market players, leading to multiple failures. Recently, it released a new update. This update resolved multiple congestion issues but could not overturn the drastic price effects of the network failures. Solana (SOL) price is still on a downward trend but could change soon if the update solves the network issues.
In other news, about 12 meme coins built on Solana (SOL) have been abandoned in less than a month after presale.
Investors analyzing the strategies Kelexo (KLXO) presale
Investors are moving heavily into Kelexo (KLXO) presales. TRON (TRX) and Stellar (XLM) investors are drawn by the projected high returns while Solana (SOL) investors want to hedge against risks.
Kelexo (KLXO) is changing the landscape of decentralized finance (DeFi) with its peer-to-peer (P2P) lending protocol. It facilitates direct connections between lenders and borrowers and introduces liquidity and transparency. Kelexo (KLXO) requires very little identification and compliance measures, enabling more people to be able to borrow and lend.
Investors excited by Kelexo (KLXO) can participate in the ongoing presale. Currently in its second stage and priced attractively at $0.05.
Kelexo (KLXO) presale offers the opportunity to enter a blue-chip platform at an early stage. Find out more by visiting this website.
Arman Shirinyan
Alex Dovbnya
