The decentralized finance (DeFi) market is one of the fastest growing markets in the world. In less than two decades a whole new industry has been created with new opportunities for investors every day.
Three great investment opportunities are Solana (SOL), Ethereum (ETH), and Collateral Network (COLT). Each project brings innovative new ideas to the market and could significantly influence the future of DeFi, with Collateral Network (COLT) set to completely revolutionize the lending industry alongside 35x gains.
Solana (SOL) Market Influence Continues To Grow
After making headlines for its huge returns in 2021, Solana (SOL) is slowly becoming one of the world's most influential blockchains and investments, with Solana (SOL)’s daily trading volume consistently surpassing half a billion USD.
Solana (SOL) is gaining traction throughout the NFT market, with new marketplaces like SolSeaand Magic Eden pioneering Solana (SOL) NFT development. Solana (SOL) is also being used to pioneer play to earn gaming (P2E). The current P2E market is held back by high Ethereum (ETH) trading fees, which have priced out many investors. With Solana (SOL) games such as Star Atlas let gamers get involved for a small starting fee, allowing them to generate a passive income in the process.
Although not yet as large as Ethereum (ETH), many investors believe that Solana (SOL) could become just as influential.
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