Solana appears to be on a recovery trajectory, with active wallet addresses soaring. However, Everlodge is positioned to potentially outpace Solana with its web3 platform that aims to reinvent the real estate market.
Solana's Daily Address Growth Outpaces Others: Where Does Everlodge Stand?
Everlodge's platform will introduce a fractionalized property ownership model using the Ethereum blockchain and NFTs to streamline entry costs and expedite real estate processes.
Solana Outpaces Other Chains
Solana is witnessing an impressive increase of over 50% in active wallet addresses in 2023 so far. This growth outpaces other blockchains, even amidst the ongoing bearish sentiment.
Despite the bear market, Solana's community is consistently expanding, reaching over 400,000 new users in May. Notably, the number of daily active wallets has reached a peak of over 30 million users in June.
It's important to note that Solana's Total Value Locked (TVL) in DeFi, which was $6 billion in May, has decreased by more than 50% from its peak of $14 billion in 2021. That said, this follows wider outflows from all the chains this summer, perhaps as interest rates go up, meaning that DeFi users are getting better rates of interest from their banks.
An interesting point to consider is that Solana's price, indicated by SOL, has risen by 30%, while in comparison, BTC has only experienced around a 10% increase within the same period. Despite Solana's recovery from the FTX debacle, investor skepticism persists alongside the positive metrics.
Everlodge Shows Massive Future Potential
In the midst of a global real estate market yearning for innovative approaches, Everlodge will step in with its unique decentralized web3 platform.
Everlodge's platform will introduce a fractionalized property ownership model using the Ethereum blockchain and NFTs to streamline entry costs and expedite real estate processes. Notably, exclusive vacation properties will be accessible for investment starting from as low as $250, expanding access to the global housing market.
Everlodge will meticulously select premium properties and transform their value into fractionalized NFTs, thereby digitalizing them into tradable assets. This approach will enable distribution among numerous investors, aiding portfolio diversification.
The ELDG token, Everlodge's native token, will bestow various benefits upon token holders, including marketplace discounts, discounts on maintenance costs, and the potential for passive income through staking ELDG tokens.
The ongoing excitement surrounding Everlodge's token presale continues to gain momentum. Currently on offer at $0.012, ELDG is exclusively available on the official website, offering early investors substantial growth potential.
Everlodge's innovative amalgamation of traditional real estate concepts with blockchain technology and DeFi could catalyze transformative market changes.
If Everlodge captures even a fraction of this expansive market, market insiders speculate that the ELDG token could surge up to 30 times its presale value.
Worth mentioning is Everlodge's current resistance to the impact of Bitcoin's movements or broader market trends. The inherent potential within Everlodge's distinctive platform concept presents what might be a rare future investment opportunity.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge