• Orbeon Protocol (ORBN) has skyrocketed 1400% in its fourth phase of presale.
• OKB (OKB) and Solana (SOL) have seen a significant drop in value.
• Market analysts believe the price of ORBN will continue to rise.
The crypto market has been experiencing a volatile period, with some coins experiencing notable losses while others are seeing substantial gains. The most notable among the latter is Orbeon Protocol (ORBN), which has been on a steep upward trajectory. The decentralized investment platform has seen huge gains of 1400% in the fourth phase of its presale, leading many market analysts to believe that the price will continue to rise.
Meanwhile, two other coins, OKB (OKB) and Solana (SOL), have seen a significant drop in value. OKB (OKB) is the native coin of the OKX trading platform, which is one of the most popular places to buy and sell cryptocurrencies today. The OK Blockchain Foundation owns the OKB coin. OKB (OKB) is a Ethereum chain ERC-20 token and is used in and out of the OKX exchange for many different things, including determining and paying exchange fees and giving its owners the right to vote and rewards for staking. Despite having a good start to the year, OKB (OKB) has recently lost its footing and is now trading at $35.87, which is less than its ATH.
Solana (SOL) is an open-source project that uses the permissionless nature of blockchain technology to offer decentralized financial services. Even though work on Solana (SOL) began in 2017, the Solana (SOL) Foundation was formed in 2019. Solana is a proof-of-stake (PoS) based blockchain and is designed to offer extremely fast transaction speeds and low transaction fees. The price of Solana (SOL) has also taken a downturn, with its price currently standing at $14.70.
With the crypto market in a volatile state, it remains to be seen which other coins will experience a price change in the near future. However, the rapid gains of Orbeon Protocol (ORBN) have many market analysts believing that the price will continue to rise.