Following its recent upgrade, analysts are extremely bullish on Ethereum’s (ETH) future. No project in the industry has as much influence as Ethereum, and now it’s easier than ever for investors to stake their Ether.
With this in mind, many investors believe that Ethereum could hit an all-time high by 2025. At the same time, Collateral Network (COLT) could rival Ethereum, with price predictions suggesting COLT tokens will surge by 3500% in the next six months.
Ethereum (ETH) Activity On the Rise But Its Price Crashes
Ethereum is used as the foundation for thousands of projects throughout the DeFi market. It’s a popular mining option, and its popularity among stakers has grown exponentially since the Shapella update. However, despite its recent success, Ethereum’s price has declined.
After a temporary rally, Ethereum has decreased in value by 5.81%, with one Ethereum (ETH) trading at $1,776.33 at the time of writing. Additionally, Ethereum mining has become significantly less profitable.
Given the rising cost of electricity worldwide, miners’ profits have decreased, and smaller miners are beginning to make a loss. As a result, Ethereum mining could become monopolized, much like Bitcoin (BTC). While this could be bad for smaller miners, large mining operations will almost definitely capitalize.
As the DeFi market continues to expand, analysts believe that Ethereum will increase in value, potentially hitting an all-time high during the next bull market. However, given its high price, some investors may be unable to profit from this growth.
Could Collateral Network (COLT) Offer Better Returns Than Ethereum?
By 2025 the crypto industry will have changed significantly, with more real-world applications than ever. One project that plans to pioneer this development is Collateral Network (COLT). Collateral Network is currently in stage one of its presale and has a long-term roadmap designed to disrupt the trillion-dollar lending industry.
With industry experience in both DeFi and lending, the Collateral Network development team spotted a huge gap in the market. Most lending processes are outdated, and few institutions will let individuals take loans against their assets. This forces individuals to sell their assets, often at below-market rates. Collateral Network lets individuals unlock liquidity against their physical assets by bringing them on-chain as fractionalized NFTs.
Once minted, investors can buy NFT fractions to loan money to borrowers. As a lender, investors will earn an interest rate, which is paid out weekly until the borrower fully repays the loan. Not only is this process easier, but it prevents the need for excess paperwork and unnecessary credit checks.
Collateral Network has been doxxed and audited to give investors peace of mind. Furthermore, security features such as 2FA are implemented on the platform to prevent any risk of a scam.
In the circumstance that a borrower defaults on their loan, their asset will be sold at a private auction to Collateral Network token holders, who will be able to purchase the asset at a below-market rate. This ensures lenders always recoup their investments.
With less than 35% of stage one’s tokens still available, Collateral Network is expected to sell out in the next two weeks, after which COLT tokens will increase in price to $0.0168. Furthermore, the price of the token is expected to increase up to $0.35 before the presale ends and surge by 100x once it hits major exchanges. Therefore, the best time to acquire COLT tokens is now.
For more information on Collateral Network, visit the website, join the presale, or join the community for regular updates.
Find out more about the Collateral Network presale here: