Looking for the Next Solana (SOL)? Fantom (FTM) and Seesaw Protocol (SSW) Are Set to Surge

Fantom (FTM) is currently flying under the radar, but not for long. The cryptocurrency had an incredible year last year. A year ago, the coin was sold for $0.02. It is now trading at $3 per coin.

Meanwhile, Seesaw Protocol (SSW) has just entered its presale stage. Like Fantom (FTM), Seesaw Protocol (SSW) offers a multi-bridge, fast, secure, and cheap way to transact, improving upon the likes of Solana (SOL) and Polkadot (DOT). For these reasons,  Fantom (FTM) and Seesaw Protocol (SSW) are two cryptocurrencies with huge potential for 2022.

Fantom (FTM)

Interest in cryptocurrency is soaring, and the Ethereum network is beginning to buckle under the strain. At one point, the “gas fees” (the cost of validating a transaction on the Ethereum blockchain) exceeded $300. By comparison, a transaction on Fantom (FTM) or Solana (SOL) costs pennies.

Fantom is gaining traction because it is a layer 1 protocol with lightning-fast speeds, similar to Solana (SOL). In 2021, the value of those two coins increased by 14,000% and 11,000%, respectively. However, Fantom is significantly smaller, with a market capitalization of $7 billion compared to Solana’s $43 billion.

How come the fees are so low? Speed. Solana averages 50,000 transactions per second, compared to Ethereum’s 14 per second. While Fantom is slower than Solana, it is still significantly faster than Ethereum; in a 2018 test run, its blockchain processed 25,000 transactions per second. However, Fantom makes a pretty compelling case for being the fastest blockchain in terms of time to finality. This is arguably the most critical statistic, as it represents the point at which a transaction is fully validated on the chain. The time required for Fantom to reach finality is approximately a second, compared to 13 seconds for Solana and more than a minute for Ethereum.

Fantom (FTM) is also crushing it in terms of total blockchain transactions. Fantom averaged 4,000 transactions per day a year ago. Now, the network receives an average of 750,000 requests per day. That is an incredible growth rate. Fantom is already fifth in terms of transaction volume, having surpassed much larger coins such as Avalanche (AVAX).

Compatibility is a significant issue in the blockchain universe. Transferring a virtual wallet from one blockchain to another can be challenging. Thus, in the blockchain universe, a large number of these blockchain networks are adversarial. They’re all in it to win it. However, they must also cooperate and play nice.

As is the case with the majority of Ethereum (ETH) competitors, Fantom (FTM) is compatible with the Ethereum Virtual Machine (EVM). This simplifies the process of developing decentralized applications (dApps) for the Fantom blockchain for engineers familiar with Ethereum. Additionally, it simplifies the process of migrating dApps on the Ethereum blockchain to the Fantom blockchain in order to save money.

Seesaw Protocol (SSW)

Like Fantom (FTM), Seesaw Protocol is going to be a multi-bridge cryptocurrency that will enable holders to transfer value between different blockchains. However, SSW will have a leg up on Fantom as it will enable people to transact between Binance (BNB), Polygon (POLY), and Ethereum’s (ETH) Smart Chain.

This will also enable Seesaw Protocol (SSW) to offer holders cheaper and faster transactions as it will be able to use the appropriate blockchain at appropriate times (depending on congestion) to find them faster and cheaper transaction.

Seesaw Protocol (SSW) has just begun its presale stage, providing investors with an ideal opportunity to get in early. As we saw last year with Solana’s (SOL) incredible rise of more than 40,000%, getting in early on these types of cryptocurrencies can yield massive returns.

Seesaw Protocol will be available on PancakeSwap and will charge a fee for each transaction with each purchase of SSW carrying a 3% fee, and each sale carrying a 5% fee. This will benefit holders, as the 3% is redistributed among existing SSW holders. The 5% sell fee is added as a liquidity pair alongside Binance Coin on PancakeSwap (BNB). This could help stabilize the cryptocurrency by encouraging people to hold rather than sell, thereby reducing volatility. Additionally, it enables liquidity, which is critical for any cryptocurrency to continue trading smoothly.

In a world of fast-moving hype-fueled cryptos, investing early on can result in massive profits on a relatively small investment. Seesaw Protocol (SSW) could provide the latest and greatest opportunity to get in ahead of the next gold rush.

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