The Solana (SOL) network is in trouble from a recent ‘forking incident’ that developers have not yet been able to solve. AI gets involved with the crypto market and predicts the price of Shiba Inu (SHIB) for 2023, whilst Orbeon Protocol (ORBN) hits the 9th stage of presale with market beating gains of a 1988% price appreciation. Here is what you need to know.
Solana (SOL) network stumbles as validators attempt to restore activity
Early Saturday, a technical issue caused the Solana (SOL) blockchain to ‘fork’, creating conflicting versions of the Solana (SOL) transaction history and throttling Solana (SOL) users’ ability to trade, transfer assets, or perform any other on-chain activities.
The incident took place at around 00:53 New York time, causing the Solana (SOL) transaction throughput to fall to 93 transactions per second, well below the nearly 5000 TPS seen just minutes before. Similar to the crisis in 2022, network engineers suspected a bug in the new version of Solana (SOL) code that had gone live hours before.
Some validators began downgrading to the previous version to revive the Solana (SOL) throughput. However, there is no guarantee this will work, and a chain restart may be necessary for Solana (SOL).
AI predicts Shiba Inu (SHIB) price for end of 2023
Due to its potential for high growth, Shiba Inu (SHIB) remains a popular cryptocurrency among retail investors. People are turning to new ways to predict the potential of assets, including AI, which relies on various data sources, including historical prices, market capitalization, social media sentiment, trading volumes and news articles.
Using machine learning algorithms, AI models can analyze large datasets and identify patterns that help predict future trends. According to data retrieved by Finbold on February 24th from CoinCodex’s machine self-learning technology, Shiba Inu (SHIB) is predicted to trade at $0.000008451 on December 31st 2023.
The main potential growth factor for this scenario is the overall adoption of cryptocurrencies as more people become interested in crypto. The demand for Shiba Inu (SHIB) is also expected to increase through major developments or partnerships involving Shiba Inu (SHIB), such as the roll-out of the layer-2 scaling solution Shibarium.
Although no release date has been confirmed for Shibarium, it is among the most anticipated events for Shiba Inu (SHIB) holders due to the improvements it will bring to the Shiba Inu (SHIB) network. The upgrade is expected to benefit the Shiba Inu (SHIB) ecosystem with faster and cheaper transactions.
Orbeon Protocol (ORBN) soars by over 1988% in stage 9 of presale
Orbeon Protocol (ORBN), a disruptive new crowdfunding platform that evaluates new businesses and startups and turns their equity into fractionalized NFTs, has entered stage 9 of its presale. Led by Lyubomyr Koval, a former Senior Software Engineer at Crypto.com, Orbeon Protocol (ORBN) leverages smart contracts to automate the crowdfunding process, with all the terms of the agreement publicly recorded in the NFT.
The Orbeon Protocol (ORBN) native token, ORBN, is required to buy or sell NFTs, and all the Orbeon Protocol (ORBN) platform’s smart contracts are audited by Solid Proof. If a business fails to meet its funding target, the raised funds will be automatically returned to Orbeon Protocol (ORBN) investors.
Orbeon Protocol (ORBN) is also implementing a bridge to multiple chains, starting with Polygon (MATIC), Solana (SOL) and Binance Smart Chain (BSC), allowing startups to simultaneously launch on multiple blockchains while raising funds. Orbeon Protocol (ORBN) aims to democratize venture capital by providing much-needed accessibility and scalability and it is estimated to offer 60x returns for holders with a token price of up to $0.24 by the end of the presale.
Find Out More About The Orbeon Protocol Presale
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.