Ripple was one of the first currencies in the cryptosphere, where it promised to make waves in revolutionizing cross-border payments. Continuing to be hamstrung by legal issues, it has a promising long-term forecast. 1Inch, though, hasn’t grown much, leaving room for newcomer TMS Network (TMSN) – now in first phase of presale – to shine.


Buy Tokens Now


Ripple (XRP) – Solving a global banking compatibility issue

Ripple (XRP) was created to revolutionize cross-border payments by providing a fast and secure solution that tackles the high costs and inefficiencies of traditional payment methods such as wire transfers. The Ripple (XRP) payment protocol relies on a decentralized network of validators to process transactions, which enhances its security and efficiency compared to traditional payment methods. To facilitate operations amongst different fiat currencies, Ripple (XRP) serves as the bridge exchange medium on the platform.

The banking and financial services sector represents a primary use case for Ripple (XRP), where Ripple (XRP) simplifies cross-border payments and reduces settlement times. The platform has also adopted various payment processors and remittance companies.

Despite facing regulatory hurdles and controversies surrounding its classification as a security, Ripple (XRP) has continued to thrive and expand its partnerships and collaborations with major players in the banking and financial services industry.

With Ripple’s (XRP) innovative payment protocol and the use of XRP as a bridge currency, Ripple (XRP) has the potential to revolutionize cross-border payments and significantly reduce costs for businesses and consumers alike, disrupting traditional payment methods.

1inch – A great idea, Inching its way to obsolescence

1Inch is a decentralized exchange (DEX) aggregator that searches for the best prices across multiple DEXs, allowing users to swap tokens across different blockchain networks. 1Inch solves the problems of liquidity fragmentation and high gas fees associated with decentralized exchanges by aggregating liquidity across DEXs and reducing transaction costs. 

The 1Inch platform provides a more efficient and seamless trading experience in the crypto world by ensuring users receive the best possible prices and lower fees. 1Inch aims to make decentralized exchanges more accessible and cost-effective for users.

Sadly for 1Inch, there isn’t any widespread adoption – with several core issues plaguing the 1Inch platform. The range of assets available for trading isn’t large enough, and the network has received several complaints of security vulnerabilities.      

TMS Network (TMSN) – Filling a DEX Gap with innovative problem solving

As the crypto market matures, so do the exchanges. TMS Network (TMSN) is a new Decentralized exchange intended to fill the gaps in other DEXes.

TMS Network’s (TMSN) unique selling proposition is that it is not just a cross-platform, but a ‘cross-world’ exchange where both crypto and traditional assets can be bought and sold.  Using crypto, investors can trade Forex, Stocks, and CFDs on TMS Network (TMSN)

Laying security fears to rest, TMS Network (TMSN) is built on the Ethereum network, and all trades are recorded on a publicly visible blockchain. Encryption, multi-sig wallets and regular security edits on TMS Network’s (TMSN) state-of-the-art security systems ensure security. 

From a trading perspective, TMS Network (TMSN) offers traders tools such as on-chain analysis, social trading where successful trades can be replicated, trading bots, and even a strategy builder. TMS Network (TMSN) token holders are compensated with, among others, trading commissions.

TMS Network (TMSN) incorporated an encompassing trading education program for those still unsure about the crypto world to help newcomers understand trading.


Buy Tokens Now


Having already secured $2 million in a private seed sale through an incubation fund, TMS Network (TMSN) tokens are now available through first phase of presale at $0.0047. For more information, follow the links below.


This article is sponsored


Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended content


Recommended Content

Editors’ Picks

Bitcoin Weekly Forecast: BTC nosedives below $95,000 as spot ETFs record highest daily outflow since launch

Bitcoin Weekly Forecast: BTC nosedives below $95,000 as spot ETFs record highest daily outflow since launch

Bitcoin price continues to edge down, trading below $95,000 on Friday after declining more than 9% this week. Bitcoin US spot ETFs recorded the highest single-day outflow on Thursday since their launch in January.

More Bitcoin News
Bitcoin crashes to $96,000, altcoins bleed: Top trades for sidelined buyers

Bitcoin crashes to $96,000, altcoins bleed: Top trades for sidelined buyers

Bitcoin (BTC) slipped under the $100,000 milestone and touched the $96,000 level briefly on Friday, a sharp decline that has also hit hard prices of other altcoins and particularly meme coins. 

More Bitcoin News
Solana Price Forecast: SOL’s technical outlook and on-chain metrics hint at a double-digit correction

Solana Price Forecast: SOL’s technical outlook and on-chain metrics hint at a double-digit correction

Solana (SOL) price trades in red below $194 on Friday after declining more than 13% this week. The recent downturn has led to $38 million in total liquidations, with over $33 million coming from long positions.

More Solana News
SEC approves Hashdex and Franklin Templeton's combined Bitcoin and Ethereum crypto index ETFs

SEC approves Hashdex and Franklin Templeton's combined Bitcoin and Ethereum crypto index ETFs

The SEC approved Hashdex's proposal for a crypto index ETF. The ETF currently features Bitcoin and Ethereum, with possible additions in the future. The agency also approved Franklin Templeton's amendment to its Cboe BZX for a crypto index ETF.

More Cryptocurrencies News
Bitcoin: 2025 outlook brightens on expectations of US pro-crypto policy

Bitcoin: 2025 outlook brightens on expectations of US pro-crypto policy

Bitcoin (BTC) price has surged more than 140% in 2024, reaching the $100K milestone in early December. The rally was driven by the launch of Bitcoin Spot Exchange Traded Funds (ETFs) in January and the reduced supply following the fourth halving event in April.

Read full analysis
Best Forex Brokers with Low Spreads

Best Forex Brokers with Low Spreads

VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.

Read More

BTC

ETH

XRP