Cardano

Solana

DeFi

Million

Solana (SOL) and Cardano (ADA) are among the biggest names in crypto, with both cryptocurrencies sporting multibillion-dollar market capitalizations. Solana (SOL) is celebrating a major milestone this month, while Cardano (ADA) looks bullish in the coming weeks. Recently, holders of both tokens have been taking out early positions in decentralized finance protocol <a href="http://kelexo.com" rel="noopener noreferrer nofollow">Kelexo</a> (KLXO), which recently launched its presale to massive fanfare. Learn why.
<h2 id="10-1-million-new-addresses-join-solana-sol-in-2024">10.1 Million New Addresses Join Solana (SOL) in 2024</h2>
January saw the highest increase in new Solana (SOL) addresses since May 2022. According to analytics provider Hello Moon, the number of new Solana (SOL) addresses broke past the 10.1 million mark in January 2024. It was the highest since May 2022, when 11.7 million new addresses joined the network. In the past 12 months, Solana (SOL) prices have increased by 303%. Solana (SOL) has a market capitalization of $42.1 million, changing hands at $97.17 as at press time. Currently, Solana (SOL) is trading 62.6% below its all-time high of $259.96, as per crypto aggregator CoinGecko.
<h2 id="cardano-ada-showing-upward-trajectory">Cardano (ADA) Showing Upward Trajectory</h2>
Cardano (ADA) has shown signs of life in recent days, indicating a slow but steady recovery. Cardano (ADA) has rattled off three straight green days over the weekend, with a total increase of 6% over the past 72 hours. Cardano (ADA) was trading at $0.49, reporting a 2% increase in the past 24 hours. However, data from crypto analytics firm Santiment revealed that the overall decline in Cardano (ADA) prices revealed a 4% decrease of the total supply in a profitable position. Thus far, the number of Cardano (ADA) holders in profit decreased from 70% in December to 66% in January.
<h2 id="kelexo-klxo-presale-starting-off-with-a-bang">Kelexo (KLXO) Presale Starting Off with a Bang</h2>
Decentralized finance (DeFi) lending protocol <a href="https://kelexo.com/" rel="noopener noreferrer nofollow">Kelexo</a> (KLXO) on a roll after recording 4,000 registrants barely a week into its presale. DeFi activity is expected to pick up in 2024, bringing with it potentially hundreds of billions in fresh capital—and Kelexo (KLXO) will be right in the thick of it all.
Kelexo (KLXO) is launching the first DeFi P2P lending marketplace bringing lenders and borrowers under one convenient protocol. Borrowers will be able to avail of crypto-backed loans 24/7 without the hassle of endless processing times and KYC. Crypto holders can earn a passive income by provisioning loans and earning through interest. It’s a win-win solution that democratizes credit for anyone—and everyone.&nbsp;
The P2P lending sector could grow to a $200 billion industry this year—and Kelexo (KLXO) is diving right into the middle of it all with the launch of its platform. The presale sees Kelexo (KLXO) launching at an optimal entry point at $0.022 per token. It’s the absolute earliest and most advantageous entry opportunity into a project that is primed for exponential growth in 2024.
Don’t miss out on the opportunity to enter the <a href="https://presale.kelexo.com/register" rel="noopener noreferrer nofollow">Kelexo (KLXO) presale</a> at an optimal price. Blink, and you might miss it!
Find out more about the Kelexo (KLXO) presale by visiting the website <a href="https://kelexo.com" rel="noopener noreferrer nofollow">here</a>
The post <a href="https://thecoinrise.com/why-investors-from-solana-sol-and-cardano-ada-are-buying-into-the-new-kelexo-klxo-presale/" rel="noopener noreferrer nofollow">Why investors from Solana (SOL) and Cardano (ADA) are buying into the new Kelexo (KLXO) presale</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Why investors from Solana (SOL) and Cardano (ADA) are buying into the new Kelexo (KLXO) presale

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