Tron gets one over Solana as ETFSwap gains traction

Tron overtakes Solana in the memecoin market while ETFSwap garners $3 million in its ongoing presale, positioning itself for a potential 100x return.

The Tron and Solana networks have been in the headlines as they battle for a significant share of the memecoin market. Tron looks to have edged out Solana, recording a remarkable milestone that suggests that memecoin traders currently prefer Tron to Solana. Meanwhile, ETFSwap continues to generate much buzz, with investors pouring millions of dollars into its ongoing presale. 

Tron’s Sun Pump surpasses Solana’s Pump.fun in daily revenue

Onchain analytics platform Lookonchain revealed in an X (formerly Twitter) post that Tron’s memecoin launchpad Sun Pump surpassed Solana’s Pump.fun in daily revenue on August 21. Sun Pump generated a revenue of 3.65 million TRX ($571,000) while Pump.fun recorded a revenue of 2,575 SOL ($368,000) on that day.

This milestone highlights how Tron has stolen a massive chunk of the memecoin market from Solana since Sun Pump launched on August 13. The Tron network has provided a viable alternative for memecoin traders looking to leave the saturated Solana memecoin ecosystem. Thanks to this development, Tron’s decentralized exchange (DEX) volume is up by over 558% in the last seven days, according to data from DeFiLlama. Meanwhile, Solana’s DEX volume has dropped by over 24% during this period. 

Traders invest $3 million into ETFSwap’s ongoing presale 

Crypto investors have invested over $3 million into ETFSwap’s ongoing presale. These investors are going all in on the utility token as crypto analysts have said it will record a price gain of over 10,000% in this bull run. As such, these investors could make up to 100x returns on their investment in the token. 

ETFSwap’s utility is why these analysts are sure that the ETFS token will record such price gains. The decentralized investment platform is revolutionizing the global finance space by making the traditional market easily accessible to both institutional and retail investors. Investors will be able to invest in tokenized exchange-traded funds on the decentralized finance platform using the platform’s native token, ETFS. 

The platform’s decentralized nature enables permissionless ETF trading, as users can invest and trade in these traditional assets without authorization. This also means that investors will able to access the traditional market from anywhere in the world without worrying about the limitations of the traditional financial system.

Furthermore, ETFSwap provides 24/7 market coverage, as investors will be able to buy, sell, and trade their ETFs at any time. The trading platform is a market maker, so users can rest assured that they will enjoy ample liquidity on their trades even on weekends when the traditional markets are closed. 

This allows investors to take greater control of their portfolios and apply necessary risk management to minimize potential loss on any trade. The ETFSwap platform also boasts an automatic rebalancing feature that ensures investors’ portfolios align with their investment goals and risk appetite. 

Investors will also not need to rely on third-party systems like brokers to make informed investment decisions. The DeFi platform has artificial intelligence (AI) powered tools that provide users with the best ETFs to invest in. These tools, ETF Screener and ETF Tracker, analyze several market data and provide investors with insights into the likely outcome of their trades. 

The absence of these third-party systems makes ETFS a more cost-effective way to invest in these ETFs. Holders of the ETFS token also enjoy lower fees while investing and trading on the platform. Meanwhile, token holders can also make passive income by staking their tokens or providing liquidity for token swaps. 

The token also has the backing of a well-experienced team certified by the audit firm SolidProof.  

Conclusion

With the amount of money flowing into ETFSwap’s ongoing presale, it is only a matter of time before the crypto token skyrockets from its current price of $0.01831.

To learn more ETFS crypto presale, visit the ETFSwap presale and join the ETFSwap community.