According to indications, 2023 looks like a bull market year for the cryptocurrency sector. Some tokens have already started to recover from the 2022 crypto winter and negative effects such as the collapse of FTX.
Based on current performance and future outlook, the top cryptocurrencies to watch for 2023 are Solana (SOL) and Orbeon Protocol (ORBN).
Solana is recovering fast from a down year and Orbeon Protocol is already doing very well in its current phase 3 presale with a 987% surge.
SOL is one of the most popular blockchains today. It is known to have faster transaction times than even Ethereum (ETH). It also has a flexible design for greater scalability.
Most developers are attracted to Solana due to its incredible speed and scalability. Solana is capable of processing 50.000 transactions per second (TPS) in real time, making it a great platform for gaming apps, decentralized finance (DeFi), and a host of other dApps.
Solana is a highly functional blockchain, with high speed, lower cost than Ethereum, and most other resources and features sought by developers looking for a scalable platform for dApps and regular users looking for an affordable platform with low gas tariffs.
However, Solana had its moments of crisis in 2022, following a successful period in 2021 when it launched its NFT trading platform.
The chaos was further exacerbated by the FTX fiasco, which saw a major exchange go bankrupt due to alleged fraud. FTX was a key backer of the Solana Network and thus its failure greatly impacted the Solana Network.
The good news is that Solana is weathering the storm exceptionally well and is already recovering stronger than ever. At the rate Solana is recovering, it is expected to have a major impact on the market in 2023, just like Orbeon Protocol.
Orbeon Protocol (ORBN)
Another potentially lucrative token to include in your wallet is none other than the Orbeon Protocol (ORBN). Orbeon Protocol is using the power of blockchain technology to change the way the venture capital industry currently works.
Orbeon Protocol uses fractional, stock-based non-fungible tokens (NFTs) instead of traditional fundraising practices to ensure that anyone, anywhere in the world, can easily invest in the most promising startups with a few simple clicks and at the lowest cost .
Retail investors no longer need to be barred from high-potential opportunities due to high entry requirements, and startups no longer need to be limited in access to funds due to bureaucracy.
Orbeon Protocol makes it possible that, as token holders, investors can invest in their favorite new-entry company at a very early stage, at a fraction of the cost, by simply purchasing fractional NFTs.
Orbeon Protocol smart contracts are equipped with security features such as “Fill or Kill” mechanism and Solid Proof verification to ensure investors safety from scams and other scams. The liquidity pool is also locked for a period of 10 years.
The Orbeon Protocol has high utility and limited supply, so its value is expected to skyrocket. Once the Orbeon Protocol is listed on major stock exchanges, its value is expected to rise even more than its current presale value.