Solana ($SOL) has maintained steady bullish momentum, with a 46% increase in April. However, the recent rally is pushing the token towards a new price height, with its sights set on the $100 level.
Solana is a layer-1 proof-of-stake blockchain provider aiming to challenge Ethereum’s hegemony as a source of decentralized protocols while addressing some of the issues that Ethereum users encountered.
The platform seeks to increase scalability by blending a proof-of-history (PoH) consensus with the blockchain’s underlying proof-of-stake (PoS) consensus.
Another project aiming to revolutionize its predecessors is the DeeLance project.
This innovative platform has harnessed blockchain technology to change the hiring and recruitment industries’ performance.
Although its native token, $DLANCE, has yet to be listed on exchanges, its presale has already raised over $240,000 from early investors.
Solana Maintains Bullish Momentum Towards New Price Level
At press time, the Solana token is trading at $25.13, indicating a surge of 3.59% in the last 24 hours. The digital asset has seen a significant increase in value recently, with a 23.9% surge in the last seven days and 16.2% in the last month.
Currently, the 24-hour trading volume of the $SOL token stands at $737 million, with a market cap of about $9.8 billion.
This recent increase in value has positively influenced the technical charts, which display a bullish sentiment.
$SOL’s current price sits above its 50-day simple moving average indicator (SMA) of $21.51. However, it will likely catch up to its 200-day SMA value of $38.40 if it maintains its rally.
The relative strength index (RSI) of 68.71 shows the asset is underbought but tilted into the overbought region, while its moving average convergence divergence (MACD) reflects a buy view.
Despite the crypto market’s recent slump, the asset’s increase in value demonstrates its importance for decentralized app (dApp) creation in the Web3 space.
$SOL’s utility can be likened to what the DeeLance token, $DLANCE, offers in terms of decentralized projects.
DeeLance: Decentralized Platform for the Recruitment Industry
DeeLance is an open-source Web3-powered project that provides a digital freelance marketplace for employers and creatives to improve collaborations, pitch ideas, and exchange services for commercial ventures.
The DeeLance ecosystem is built on three pillars – an easy-to-use recruitment hub, non-fungible token (NFT) technology, and the metaverse world.
Together, these pillars aim to disrupt the $761 billion recruitment industry by enabling transparent, simplified contract ownership and a Web3-anchored platform that capitalizes on the metaverse’s exponential growth.
DeeLance is one of many websites that connects independent contractors with businesses looking to hire new employees.
Unlike conventional platforms such as Fiverr, Freelancer, and Upwork, it is the first to be built on Web3.
This opens up a whole new world of opportunities for businesses and freelancers.
This cutting-edge project is capable of providing a much more open, secure, safe, and accessible freelancing and recruitment platform for people all over the world.
Hey DeeLancers!
When it comes to work and professional experience, a supportive community is everything! ☄️️
Join our community, buy $DLANCE now, and unlock the keys to the best social experiences in the #Metaverse! ⤵️https://t.co/SllWxefpkj#Crypto #DeeLance pic.twitter.com/g2DaWu8VM8
— DeeLance (@deelance_com) April 15, 2023
Thanks to blockchain technology, using intermediaries to process payments, allocate and authorize work, or even exchange ideas is no longer necessary.
Aside from that, there are additional advantages for those who use the platform.
DeeLance charges significantly less than competing platforms for freelancers and clients, making the site more appealing to users.
The platform charges independent freelancers 10% and employers 2% – the lowest rates of any marketplace currently in use.
Additionally, Payments are initially locked in smart contract-powered escrow.
When designated service or task objectives are completed and approved by recruiters, the escrow automatically disburses the agreed payment balance to freelancers.
The incorporation of escrow eliminates the need for late payments and third-party digital payment agencies. Unlike Web2-based workspaces, creatives can be paid in either fiat or cryptocurrency.
In the metaverse, recruiters and creatives are provided with NFT avatars to interact with other members of the platform’s virtual sphere.
Employers can purchase lands, construct offices, schedule meetings and interviews, and distribute gigs to qualified candidates in the metaverse.
Freelancers also publicize their portfolios and skill sets to attract employers and recognition from their peers.
$DLANCE Presale Surges
The $DLANCE token powers the entire DeeLance ecosystem.
Deployed on the Ethereum blockchain, the crypto token is used to purchase NFTs assets, land, and offices within the project’s metaverse.
The $DLANCE token can be likened to $SOL as it stacks up a long list of utilities.
The metaverse token is at the early stage of its presale and trades at $0.025 USDT per token, with over $240,000 raised from early investors in just a few weeks.
DeeLancers, listen up!
On community request, we have extended #Presale stage 1 for an additional 7 days!
This is the last opportunity to get in early!
Join the revolution & get your share of $DLANCE tokens now!⤵️✨https://t.co/h3GE8rrB3m#crypto #cryptocoin #Blockchain
— DeeLance (@deelance_com) April 16, 2023
However, this will increase to $0.029 in six days and 0.053 USDT when it lists on public exchanges.
$DLANCE is poised to soar in price and scale past the recent bullish trajectory of the $SOL token.
Now is the best time to purchase the digital asset and earn over 100% nominal profit when its presale ends.
Related News
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This article was written for Business 2 Community by Jimmy Aki.
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