THORChain Halted Amid Vulnerabilities: Investors Turn to TMS Network (TMSN) after Rise of $2.5 Mio in Presales in 2023, Alongside Conflux (CFX) and Solana (SOL)

On 28 March THORchain stopped all trading amid concerns that there may be security issues.  No stranger to vulnerabilities, Solana (SOL) recovered appreciably from the FTX-induced price drop and Conflux (CFX) more than doubled in the last 30 days. Amid market volatility, TMS Network (TMSN) gained over a thousand percent in value.

Conflux (CFX) – Building the Future With XCMG Construction

Conflux (CFX) was launched in 2018 by a group of experienced researchers and engineers — including Turing Award recipient Dr. Andrew Yao — with the goal of providing a scalable, secure, and decentralized blockchain platform for digital assets and decentralized applications (dApps).

XCMG Construction Machinery went into a partnership with Conflux (CFX) and Zen Spark Technology, a Singapore-based financial technology and blockchain provider. The alliance aims to explore new implementations for blockchain and Web3 technologies by combining XCMG’s worldwide footprint network, Conflux (CFX)’s innovative blockchain technology, and Zen Spark’s financial expertise.

XCMG expanded to overseas markets in the first half of 2022, achieving significant export revenue growth. The partnership with Conflux (CFX) and Zen Spark marks a significant milestone in applying Conflux (CFX) blockchain technology to traditional industries, enabling the exploration of new business models and driving innovation in an increasingly interconnected world.

The Conflux (CFX) price has increased 114% over the last 30 days on the back of this news, and Conflux (CFX) may continue to grow in the short and medium term.

Solana (SOL) – Trading Loyalty Programs With Asics Partnership

ASICS, the renowned athletic shoe brand, has successfully commenced the world’s first wide-impact brand loyalty system on the Solana (SOL) blockchain in November 2022, emphasizing the limitless potential of web3 loyalty programs. ASICS’ Director of Web3 and Digital Goods, Joe Pace, believes Solana (SOL) Pay offers scalability, better utility, and ownership of assets associated with loyalty programs. Pace’s collaboration with Solana (SOL) Foundation’s Head of Business Development led to the sale of physical ASICS athletic footwear using Solana Pay, with each pair issued an NFT loyalty token.

The Solana (SOL) platform’s open-source nature allowed ASICS to build the loyalty program quickly, without the need for extensive in-house technical teams. Solana (SOL)’s low environmental impact also made it the ideal choice for the environmentally-conscious brand. ASICS sold around 3,000 units of their UI Collection running shoe designs, with each pair accompanied by a single loyalty badge.

The Solana (SOL) ecosystem simplifies the creation of loyalty programs, merging high-tech web3 offerings with ease of use for both brands and customers. Pace emphasizes the need for simplicity, affordability, and speed in web3 applications to achieve scale, making Solana (SOL) the obvious choice.

TMS Network (TMSN) – Making a Case To Become Industry Leader

TMS Network (TMSN) stands as a ground-breaking trading platform, delivering a distinctive and all-encompassing resolution to the obstacles confronting the trading sector. Designed with user-friendliness and intuitiveness in mind, TMS Network (TMSN) grants traders access to an extensive variety of asset classes, encompassing cryptocurrencies, equities, foreign exchange, and CFDs. 

Dedicated to equipping its users with sophisticated tools and functionalities to effectively manage risk and make well-informed trading choices, TMS Network (TMSN) incorporates elements like social trading, on-chain analysis, trading automation, portfolio administration tools, and trading indicators.

Constructed on the Ethereum blockchain, TMS Network (TMSN) pioneers a smooth and secure all-encompassing trading experience. Capitalizing on decentralized technology, TMS Network (TMSN) eradicates the necessity for centralized intermediaries and empowers traders to retain control of their assets and trade independently.

TMS Network (TMSN) raised over $2.5 million since its presale launch, with the price reaching for the sky by climbing 1,400%.  TMS Network (TMSN) tokens are now in the second presale phase, with tokens going at $0.046.

For more information, follow the links below.

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/tmsnetworkio

Discord: https://discord.gg/njA95e7au6

Chainbits is not the source of this content. This article is provided for educational purposes only. Users should exercise caution with investing/dealing with cryptocurrencies and do thorough research prior.