In the cryptocurrency industry, we see many crypto projects that either promise many things and become successful before fizzling out shortly after launching or projects that provide a realistic use-case for the population and steadily grows each year.
Solana (SOL) is the latter.
As a blockchain platform that was designed to host decentralised scalable applications (dApps), Solana has been labelled as an “Ethereum killer” due to its scalability and interoperability.
While FIREPIN Token (FRPN) is a community-driven DAO (decentralised autonomous organisation) platform that plans to integrate the metaverse, it also has ambitions to fix the interoperability issue in the blockchain industry.
Why FIREPIN Token (FRPN) is set up for success
The reason FIREPIN Token (FRPN) has a higher chance of success than most newly-found tokens is the way the project has spread itself across the digital asset industry.
With investments planned for the metaverse and NFT industries, as well as play-to-earn (P2E) games and the 3D industry, FIREPIN Token is firmly placing itself in front of the future of the metaverse.
But that’s not where it ends for the project.
Alongside its metaverse ambitions, FIREPIN will enable the capacity for cross-chain exchanges of tokens across the blockchains of Ethereum (ETH), Solana (SOL), Polygon (MATIC), Avalanche (AVAX), and Binance Smart Chain (BSC).
With one day until FIREPIN reaches the third phase of its presale, the project still has quite a lot of milestones it has yet to reach, including the launch of the FRPN token on both PancakeSwap (CAKE) and Uniswap (UNI), the two leading decentralised exchanges in the crypto space.
In the third quarter of this year, FIREPIN is scheduled to launch phase one of its metaverse game development, its CEX listing and the construction of a game studio.
Solana (SOL) soon set for Instagram integration
Despite suffering a major dip in the past month, dipping over 35%, Solana (SOL) has rebounded by rising 2.7% in the past hour, at this time of writing.
Currently trading at $73.51, that is worlds apart from SOL’s all-time high of $259.96, a total that was reached in November 2021.
As a blockchain platform that is designed to host decentralised scalable applications (dApps), Solana can process many transactions at once as well as charge considerably fewer gas fees than its blockchain rival Ethereum.
Despite the recent market performance of Solana (SOL), which has amassed a market cap of over $24 billion, according to data from CoinMarketCap, Solana has been in the news for other reasons too.
It was recently announced that Instagram, the social media platform owned by Meta, will begin supporting NFTs for crypto art for several major blockchains including Ethereum, Polygon and Solana.
Some crypto experts have predicted SOL to reach around $138.19 by the end of 2022, despite the bearish runs Solana has experienced.
Join Presale: https://presale.firepin.io/register