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Solana (SOL) and Optimism (OP) soared in late 2023. As investors begin to take profits, they are also considering new crypto projects. Those in the know have highlighted Pushd (PUSHD), a project aiming to be the Amazon of web3. With a first-mover advantage and the potential to take a slice of the growing e-commerce market, this article looks at the project’s prospects in 2024.
Solana was a top gainer in 2023
Solana (SOL) is a leading Ethereum rival, well-known for its high transaction speeds and miniscule fees. It is currently the 5th most valuable cryptocurrency.
There is also a surge in defi and NFT activities, mirrored by a surge in active wallets.
Notably, the Solana-based meme coin, BONK, rallied in late 2023, driving SOL prices even higher by the end of the year.
As prices cool off, Solana investors are now looking at the Pushd presale.
Optimism is growing its layer-2 presence
Optimism is a dynamic layer-2 scaling solution for Ethereum, leveraging Optimistic Rollups to improve the network’s speed, stability, and scalability.
Optimism has over $2 billion in on-chain value, with over 141 million transactions processed on its mainnet.
OP prices rose by over 240% from the October low, peaking at $3.98 in early 2024.
Pushd: the Amazon of web3?
Pushd aims to address the yet-unfilled need for a truly decentralized marketplace.
Think of the project as Amazon or eBay on the blockchain, offering users reduced fees, decentralized governance, and complete transparency.
Pushd brings this concept to life, allowing users to buy, sell, rent, or auction products and services without a central intermediary.
The platform aims to provide faster, cheaper, and more secure transactions in web3. Notably, funds are released instantly to sellers, eliminating the need for strict know-your-client (KYC) processes.
SOL and OP investors are exploring PUSHD.
In the ongoing presale, the token is available for $0.048.
Holders receive a share of platform fees, early access, and priority support from Pushd.
The bottom line
E-commerce may command a $8 trillion valuation by 2026.
Pushd could capture a portion of this market share, benefiting early adopters, including SOL and OP investors.
For more information about the Pushd (PUSHD) Presale, visit their website.
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