Everlodge (ELDG) on the Rise: Can it Compete with Solana (SOL) and Cardano (ADA)?

Estimated read time 4 min read

Bridgit Murphy

Everlodge (ELDG) on the Rise: Can it Compete with Solana (SOL) and Cardano (ADA)?

The cryptocurrency market is a dynamic space where new projects frequently emerge to challenge established heavyweights like Solana (SOL) and Cardano (ADA).

One such contender gaining traction in the market is Everlodge (ELDG), a unique platform that seeks to revolutionize the real estate landscape. But how will they all compare?

Solana (SOL): Fueling the Bullish Momentum with Innovations

Solana (SOL), a prominent player in the crypto space, has recently made a significant announcement that has caught the attention of market analysts. In recent Solana news, it introduced the Cross-Chain Transfer Protocol.

This feature will make it easier to move USDC stablecoins between Solana, Ethereum, and different Ethereum Layer 2 solutions. Moreover, it’ll do so without needing a bridge. But the real kicker is that these transfers will also be super fast and cheap.

Following this news, the Solana price increased from $40.44 on November 5th to $41.18 on November 7th. However, experts believe the positive sentiment and excitement surrounding the CCTP could lead to a bullish surge for SOL. The cryptocurrency is currently trading at $60.

Cardano (ADA): Forges Ahead with Strategic Partnership

Cardano (ADA), a blockchain platform known for its commitment to innovation, has recently solidified a strategic partnership that has the crypto community buzzing with anticipation.

The latest Cardano news entails its adoption of Substrate, a vital component of the Polkadot software development kit (SDK). The partnership uses Substrate’s inherent strengths to create a “partner chain” on the Cardano network. This decision demonstrates Cardano’s vision to foster a more interconnected Web3 ecosystem.

Consequently, the Cardano price jumped from $0.31 on November 3rd to $0.34 on November 7th. Days later, it is trading at almost $0.40 at the time of this writing.

Everlodge (ELDG): An Upcoming Solana and Cardano Rival

While Solana and Cardano are tokens worth watching, their long-term growth potential may fall short compared to Everlodge (ELDG). This upcoming property marketplace is now in its presale run, providing early buyers a 130% ROI.

Everlodge will stand out by offering a platform that digitizes and mints real-world properties into NFTs and then fractionalizes them. Therefore making property investments accessible to a global audience. This innovative approach aims to democratize real estate investments, allowing individuals from all backgrounds to participate.

Moreover, Everlodge will introduce the Rewards Club. Members of this club will start earning free stays that can even be resold. However, only ELDG token holders can enter this Club.

What sets Everlodge apart from Solana and Cardano is its ties to the hospitality industry. This one connection is valued at a whopping $4.5T as of 2022 — more than enough to potentially secure a foundation for growth. And while Everlodge sits on a low market cap as it currently trades at $0.023 in Stage 6 of its presale, the launch is expected to be exciting.

For more information about the Everlodge (ELDG) presale, visit their website here.

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