Could the Seesaw Protocol (SSW) rock the crypto world like Ethereum (ETH) and Tron (TRX)
by Analytics Insight
Apr 4, 2022
Holders of the Seesaw protocol earn a 3% bonus on every transaction confirmed on the blockchain.
During the presale, Seesaw Protocol (SSW) has attracted attention not only because of its rapid rise in popularity, but also because of its ambitions to do well within the cryptocurrency industry.
Like Ethereum (ETH) and Tron (TRX), Seesaw has plans to positively influence crypto users and improve their user experience as they delve into the digital asset space.
Seesaw Protocol (SSW) is winding towards its launch
By enabling its users to transfer tokens along with the blockchains of Binance Smart Chain (BSC), Polygon (MATIC), and Ethereum (ETH), Seesaw Protocol (SSW) attaches great importance to allowing users to benefit from its cross – chain capacity.
This element on Seesaw allows users to choose which blockchain they want their transaction to run on, taking into account which blockchain is the fastest and cheapest, effectively removing the excessive gas fees that users have to pay between certain blockchains.
SSW holders earn a 3% bonus on every transaction confirmed on the blockchain, so holding SSW tokens allows holders to earn additional tokens.
Growing over 3000% since the presale launch in January, Seesaw is certainly a ‘crypto to watch’ and with nine days left until the proposed launch, time is running out for potential investors to get SSW- tokens at a lower price.
After starting presale at a price of $0.05, SSW has grown impressively to a value of $0.17456 at the time of writing.
After its April 8 launch, that’s just the beginning of the Seesaw Protocol’s journey, with launches on PancakeSwap (CAKE) and Uniswap (UNI) scheduled for Q2 2022.
Ethereum’s (ETH) Long-Awaited Upgrade
Ethereum (ETH) has long been the second largest cryptocurrency in the world and hugely influential within the crypto industry.
Despite this, it does not change the problems that the network has faced and continues to face.
The wildly expensive gas costs in addition to its inability to scale transactions have left Ethereum vulnerable to the likes of Solana (SOL), Cardano (ADA), and Avalanche (AVAX) who all pride themselves on their ability to scale a large number of transactions at a cost. a high speed and charge a minimal amount for its gas costs.
The issues have not gone unnoticed by Vitalik Buterin, co-founder of Ethereum, who has teased the launch of Ethereum 2.0, an upgrade on Ethereum that makes the network more scalable and secure.
Tron’s (TRX) modest growth in 2022
Despite it being more than four years since Tron (TRX) last hit its all-time high of $0.231676, the cryptocurrency has seen respectable growth this year, rising 23.3% over the past 30 days.
Tron (TRX) has amassed a market cap of over $7 billion and is ranked as the 25th largest cryptocurrency in the world according to CoinMarketCap.
A blockchain-based decentralized platform established in 2017 by the Tron Foundation allows content creators to sell their work directly to consumers, eliminating the need for an intermediary.
Tron’s native token is TRX or Tronix and is used as payment to content creators to access their applications.
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