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Lately, there have been a lot of shakeups in the crypto space, with crypto investors bridging from one chain to another. Specifically, Solana maxis have been seen bridging from the Solana chain to Tron to take advantage of the meme coin hype and to Ethereum because of ETFSwap (ETFS).
Solana Maxis Bridge To Tron As Meme Coin Hype Continues
Solana Maxis have been bridging to Tron as meme coins on the network continue to gain popularity. The meme coin hype on the Tron network began to gain steam following the launch of the meme coin launchpad Sun Pump, similar to Solana’s Pump Fun. This development quickly attracted the attention of Solana Maxis, especially meme coin traders who have been looking for an alternative, seeing as the meme coin ecosystem has become saturated.
This decision from Solana Maxis to bridge to Tron is evident in how Tron has sucked a significant amount of decentralized exchange (DEX) volume from Solana. Data from DeFiLlama shows that Solana’s DEX volume has dropped by over 21% this past week. At the same time, Tron’s DEX volume is up by almost 300%. This development has also positively impacted the Tron (TRX) token, which recently flipped Cardano (ADA) into the top 10 crypto by market cap.
Solana Maxis Impressed By ETFSwap’s Utility
Solana Maxis have also been impressed by ETFSwap’s (ETFS) utility, which explains why they are bridging millions of dollars into Ethereum to buy the token in its ongoing presale. The Ethereum token is the native token of the ETFSwap platform, which is revolutionizing exchange-traded funds (ETF) and making it easier to access these traditional assets.
ETFSwap (ETFS) tokenizes ETFs, including crypto ETFs, and brings them onchain. As such, Solana Maxis sees this opportunity to diversify their portfolios while remaining in the decentralized space. Their decision to invest in the Ethereum token can be considered one done with foresight since the potential Spot Solana ETFs will also launch on the platform.
ETFSwap’s decentralized nature means that investors can now access traditional markets from anywhere in the world without the limitations of traditional financial systems. Investors also do not have to worry about overwhelming customer certification processes, as there are no Know-Your-Customer (KYC) verification processes on the decentralized finance (DeFi) platform.
The trading platform also provides more opportunities to make maximum returns on these ETFs than centralized trading platforms. For instance, the platform offers up to 50x leverage on long and short positions on listed ETFs. As such, investors can make huge gains while holding derivatives contracts to hedge against their investment in the underlying asset.
The DeFi platform boasts a staking feature for ETFs, allowing investors to earn mouth-watering yields by staking these traditional assets. Additionally, this staking feature extends to crypto assets on the platform, including its native token. Investors can stake the Ethereum token and earn up to 80% annual percentage yield (APY).
The Ethereum token also provides access to other opportunities on the trading platform. Token holders gain first dibs on when ETFSwap launches its ETF in 2025. Holding the Ethereum token also almost makes investors eligible for the monthly airdrops distributed from the ETFS rewards pool.
It is worth mentioning that besides gaining access to such utility, these Solana Maxis are also set to gain up to 100x returns on ETFSwap (ETFS). Analysts predicted that the Ethereum token can enjoy up to 10,000% price gain as demand for it increases thanks to offerings in the ETFSwap ecosystem. The ETFSwap team, verified and certified by SolidProof, has shown they have the experience to lead the token to such massive heights.
Conclusion
With ETFSwap (ETFS) still selling at a discounted price of $0.01831, investors who have yet to invest in the Ethereum token’s presale still have an opportunity to make 100x returns like these Solana Maxis. However, these investors must act fast as ETFSwap (ETFS) is already witnessing an impressive demand that promises to send prices skyrocketing soon enough.
For more information about the ETFS Crypto Presale:
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