This project is a scam.
*AVOID* There are tons of users that got stiffed on v1 and the single dev is spending tens of thousands of dollars marketing.
Anyone that lost money on this scam should report it to the authorities that monitor investors scams in your country.
Again, do NOT buy this scam. This is NOT decentralized and it's a mutual fund that you can literally lose 100% over night due to a single developer.
I lost 25 AVAX.
Topic: Cross-chain pump to high? (Read 248 times)
These chains keep pumping, it seems like this is the next thing to blow up. I know that Aurora on NEAR is doing absolutely amazing right now and many people from the ETH community are moving there to get away from high gas fees.
There are many ways to avoid high fuel costs at this time, the solution is not only in Near or Aurora, but also in Tron and BSC as long as the desired support can be the same, so the solution to save fuel costs at this time has very many optionsYes. Indeed, a solution like this can be used to save transaction costs. Suppose we withdraw ETH, using the Ethereum network will cost 0.005 ETH, but we can use the BSC network with much lower transaction fees. However, we cannot use this method to withdraw coins to the parent wallet, for example withdrawing Bitcoin to the Core wallet. And we need to be careful before making a withdrawal, because not all exchanges support different networks.
This is why it is always good to double-check when making a transaction.
Because once you execute it and it is in different network, it will be a headache for you.
Most of the time, you can't recover it anymore because the exchange won't easily assist you with this kind of problem.
But it is really good that we have these cross-chain networks because you can transact with minimal fees.
And right now, we don't know when will ETH will reduce their gas fees, so these other networks are getting their demand from the community.
These chains keep pumping, it seems like this is the next thing to blow up. I know that Aurora on NEAR is doing absolutely amazing right now and many people from the ETH community are moving there to get away from high gas fees.
There are many ways to avoid high fuel costs at this time, the solution is not only in Near or Aurora, but also in Tron and BSC as long as the desired support can be the same, so the solution to save fuel costs at this time has very many optionsYes. Indeed, a solution like this can be used to save transaction costs. Suppose we withdraw ETH, using the Ethereum network will cost 0.005 ETH, but we can use the BSC network with much lower transaction fees. However, we cannot use this method to withdraw coins to the parent wallet, for example withdrawing Bitcoin to the Core wallet. And we need to be careful before making a withdrawal, because not all exchanges support different networks.
These chains keep pumping, it seems like this is the next thing to blow up. I know that Aurora on NEAR is doing absolutely amazing right now and many people from the ETH community are moving there to get away from high gas fees.
There are many ways to avoid high fuel costs at this time, the solution is not only in Near or Aurora, but also in Tron and BSC as long as the desired support can be the same, so the solution to save fuel costs at this time has very many options What do you think about the rise in the price of tokens of many Cross-chain projects? These projects are solving the problems of the Ethereum network now. But what will happen after the release of ETH2.0
For example:
Near Protocol 215% per month
Solana ≈ 200% per month
DOT ≈ 127.8% per month
ADA ≈ 110% per month
This is amazing! What do you think about this? How promising is it to develop their ecosystems, to what extent is this applicable to the crypto market? And the main question: Will it have a long-term demand among crypto enthusiasts?
For example:
Near Protocol 215% per month
Solana ≈ 200% per month
DOT ≈ 127.8% per month
ADA ≈ 110% per month
This is amazing! What do you think about this? How promising is it to develop their ecosystems, to what extent is this applicable to the crypto market? And the main question: Will it have a long-term demand among crypto enthusiasts?
Yes. Of course, these coins have become a long-term investment. Because many investors are ready to spend capital to pump up the price of the coin. Solana and DOT in a short time made the coin highly priced due to the blockchain they developed. However the Cardano blockchain has been around for a long time, but the smart contract system is still in the development stage. I think this is also part of the biggest investment for the future.
These chains keep pumping, it seems like this is the next thing to blow up. I know that Aurora on NEAR is doing absolutely amazing right now and many people from the ETH community are moving there to get away from high gas fees.
Ethereum and BSC are NOT cross chain platforms, they are completely standalone networks.
Polygon etc. these are the bridges to ETH, BSC etc.
Yes they are. But there are certain platform that makes up to become crosschain, for example evodefi platform that runs in bsc network. But they have crosschain bridge for other network such as heco, fantom and polygon.Polygon etc. these are the bridges to ETH, BSC etc.
If you just research and also there is eth to fantom chain bridge using multixyz platform. There are plenty out there.
Impossible to list them all but BNB isn't crosschain to my knowledge, it's just ETH for BSC.
Why not. Only for eth? As long as there is a chain connected with it you can somehow identify that already as crosschain even using a bridge. But I get your point. You mean to say is that can support multiple blockchains isnt it?Im thinking which one has the most of it all. But bnb can do also multiple chain to polygon too and some chains like fantom.
Those projects are good but cross chains means they supported a bridge to other network or direct conversion to different chain. So I guess you missed some that are working on cross chain such as Bnb, polygon, avax, and fantom.
Im not sure if solana have cross chain bridge to eth or any chain therr but most likely they are using exchange. Crosschain is a good feature which allow project to interact or expand with other chain.
Im not sure if solana have cross chain bridge to eth or any chain therr but most likely they are using exchange. Crosschain is a good feature which allow project to interact or expand with other chain.
Impossible to list them all but BNB isn't crosschain to my knowledge, it's just ETH for BSC.
And Polygon is made specifically for Ethereum only if I'm not mistaken, so it's basically just crosschain between Polygon and Ethereum. Guess the ones OP mentions (I'm not so familiar so just guessing) are working with all the different chains, including BTC?
What do you think about the rise in the price of tokens of many Cross-chain projects? These projects are solving the problems of the Ethereum network now. But what will happen after the release of ETH2.0
For example:
Near Protocol 215% per month
Solana ≈ 200% per month
DOT ≈ 127.8% per month
ADA ≈ 110% per month
This is amazing! What do you think about this? How promising is it to develop their ecosystems, to what extent is this applicable to the crypto market? And the main question: Will it have a long-term demand among crypto enthusiasts?
For example:
Near Protocol 215% per month
Solana ≈ 200% per month
DOT ≈ 127.8% per month
ADA ≈ 110% per month
This is amazing! What do you think about this? How promising is it to develop their ecosystems, to what extent is this applicable to the crypto market? And the main question: Will it have a long-term demand among crypto enthusiasts?
On a more serious note, I used to think we are in NFT trend alone, but with current happenings within most blockchain platforms like Solana, ADA and so on, I think this is more than just NFT, it looks more like a combination of NFT and blockchain ecosystems, because even most blockchain platforms where developers are yet to get fully involved with NFT are also pumping, such as Algorand and Fantom.
The good thing about this is, the more these ecosystems develops, the more value returns to this space, as a lot of people will see most platforms friendly to launch their projects and yes, it will have long term demand in the crypto space.
However, if Ethereum solves their high gas fee issue, it will challenge a lot of these blockchain platforms, and which since competition is good, it only make other blockchain team to be more serious in order to retain their worth and value, in all making the crypto space more better and stronger.
Guys, 3 weeks have passed since the publication of this topic, and cross-chain projects are still growing every day, conquering new ATHs! Is it really true ETH will soon become unusable due to such a BIG competition of the best technological solutions?
apart from the high increase every month, some of the projects you mentioned are good for the long term so I think it would be profitable to buy and keep them either for short or long term.
and compare it to other projects that did not experience such an increase.
i think that good for invest now.
and compare it to other projects that did not experience such an increase.
i think that good for invest now.
How promising is it to develop their ecosystems, to what extent is this applicable to the crypto market? And the main question: Will it have a long-term demand among crypto enthusiasts?
Those projects are good but cross chains means they supported a bridge to other network or direct conversion to different chain. So I guess you missed some that are working on cross chain such as Bnb, polygon, avax, and fantom.Im not sure if solana have cross chain bridge to eth or any chain therr but most likely they are using exchange. Crosschain is a good feature which allow project to interact or expand with other chain.
Your list consists of already popular and successful projects. They are already on top, but I think that we can still expect growth in the long term. There are more and more project blockchains and we need something to interact with different platforms and different projects.
By the way, Near Protocol is just a layer 2 solution upon Ethereum, so it is not a cross-chain project.
And just like that, those coins listed by the OP is still pumping one month later.
Maybe cross chains are the thing right now because ETH gas fees are so high that it's not worth to transaction small amounts. And investors are moving to other platforms that are cheap and yet their investors are going to grow overtime like SOL who are reaching new all time highs again and again.
Your list consists of already popular and successful projects. They are already on top, but I think that we can still expect growth in the long term. There are more and more project blockchains and we need something to interact with different platforms and different projects.
By the way, Near Protocol is just a layer 2 solution upon Ethereum, so it is not a cross-chain project.
What do you think about the rise in the price of tokens of many Cross-chain projects? These projects are solving the problems of the Ethereum network now. But what will happen after the release of ETH2.0
For example:
Near Protocol 215% per month
Solana ≈ 200% per month
DOT ≈ 127.8% per month
ADA ≈ 110% per month
This is amazing! What do you think about this? How promising is it to develop their ecosystems, to what extent is this applicable to the crypto market? And the main question: Will it have a long-term demand among crypto enthusiasts?
hey dude. Stakenet and its native coin XSN is a project that worth your attention if you are interested in these types of improvements.For example:
Near Protocol 215% per month
Solana ≈ 200% per month
DOT ≈ 127.8% per month
ADA ≈ 110% per month
This is amazing! What do you think about this? How promising is it to develop their ecosystems, to what extent is this applicable to the crypto market? And the main question: Will it have a long-term demand among crypto enthusiasts?
Instant TXs and settlements
Near-zero fees
Scalable
Cross-chain
Private
No wrapping
API supported
Backed by an amazing team and community.
Solana will look good in demand among crypto enthusiasts. The coin from the Solana Ecosystem that will be in high demand in my opinion is Coin98 and that is inseparable from the development of the Ethereum network. Currently the data shows trading volume as much as 45% even though Solana already has its own blockchain ecosystem.
As long as there is a smart contract function on the Ethereum network
Currently, crypto assets have a very diverse amount. Choosing crypto assets to be used as long-term investments is even more tricky,
why,,,??
Currently, crypto assets have a very diverse amount. Choosing crypto assets to be used as long-term investments is even more tricky,
why,,,??
It seems that crossing the project chain is not the main cause, there must be real benefits for those who own it, because without real benefits, even a large project will not survive and thrive in the crypto market, how much benefit to its users is an important point for the survival of a project .
What do you think about the rise in the price of tokens of many Cross-chain projects? These projects are solving the problems of the Ethereum network now. But what will happen after the release of ETH2.0
For example:
Near Protocol 215% per month
Solana ≈ 200% per month
DOT ≈ 127.8% per month
ADA ≈ 110% per month
This is amazing! What do you think about this? How promising is it to develop their ecosystems, to what extent is this applicable to the crypto market? And the main question: Will it have a long-term demand among crypto enthusiasts?
For example:
Near Protocol 215% per month
Solana ≈ 200% per month
DOT ≈ 127.8% per month
ADA ≈ 110% per month
This is amazing! What do you think about this? How promising is it to develop their ecosystems, to what extent is this applicable to the crypto market? And the main question: Will it have a long-term demand among crypto enthusiasts?
Very promising, as you can see, based on the price, investors are willing to pour their money on it.
But there is a still a gap in my opinion, as the progress might be slow regarding cross chain. But the good thing is that this is just the beginning so the future looks bring and promising and for sure it will have a high demand. Imagine cross chains - linking two good projects worth billions, what can go wrong?
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