Hector Network Launches Its NFT Marketplace On Fantom (FTM), Solana (SOL) Price Enters Correction Territory - Bitcoinist

Hector Network Launches Its NFT Marketplace On Fantom (FTM), Solana (SOL) Price Enters Correction Territory – Bitcoinist

In the crypto market, a variety of tokens have been introduced with different use cases. Some of them are more successful than others. Additionally, despite some tokens like Solana (SOL) and Fantom (FTM) being in the market for a long time, they haven’t seen much price growth. As per analysts, in 2023, Snowfall Protocol (SNW), a newly introduced token, will be a better-performing token compared to other established players in the market. In this article, we will discuss the key reasons why.

Fantom (FTM) trades 88% below its all-time high

Atlantica, Hector Network’s NFT marketplace, has been released on the Fantom (FTM) blockchain. Hector is focusing on the NFT market, and cross-chain development, with its introduction on Fantom (FTM). Thus, the introduction of Atlantica will serve as a pioneering step toward NFT adoption on Fantom (FTM). Atlantica’s debut into the market, in partnership with Fantom (FTM), was announced at the beginning of 2022, along with two significant initiatives: a commitment to the non-fungible token (NFT) space and the creation of the requisite infrastructure to support and extend the NFT market. While Fantom (FTM) has been successful thus far in the NFT department, it has failed to deliver on the price front. Fantom’s (FTM) price has dropped by 1.87% in the past day. Fantom (FTM) now costs $0.39. Additionally, Fantom (FTM) is currently trading 88.6% below its all-time high.

Solana’s (SOL) price drops by 9%

A majority of investors in the cryptocurrency industry have been impressed by Solana’s (SOL) recent 250% rise to $25 in January 2023. However, traders who were keeping a watch on the negative trends for Solana (SOL) could have gotten a jump on the bullish move. Currently, S