Despite Avalanche (AVAX) and Gala Token (GALA) securing interesting partnerships with Amazon Web Services (AWS) and A-list actors Dwayne Johnson and Mark Wahlberg, respectively, investors on these blockchains (Avalanche and Gala Token) are tilting towards Snowfall Protocol (SNW). That has further sparked the curiosity of the crypto community as to what makes Snowfall Protocol (SNW) special. Read on to see what makes Snowfall Protocol (SNW) special and why Avalanche (AVAX) and Gala Token (GALA) are jumping ship.
Avalanche (AVAX) is considered one of the best blockchains for decentralized applications (dApps). Avalanche’s (AVAX) features make it one of Ethereum’s primary competitors. Avalanche (AVAX) can power several Web3 applications ranging from DeFi protocols to NFT Finance applications (NFTfi) and others. Avalanche (AVAX) also works with Solidity, a programming language that Ethereum deploys. It is undoubtedly the go-to alternative for developers scared of Ethereum’s high gas fees. Despite being a big player in the crypto space, Avalanche (AVAX) is losing investors to a more decentralized protocol in Snowfall Protocol (SNW). AVAX’s investors have centralization concerns about the blockchain and are cautious of investing in a protocol that could fall or become less decentralized as new crypto regulations emerge.
Gala Token (GALA)
Gala Token’s (GALA) price surged immensely following the announcement by Gala Games that it was partnering with actors Dwayne Johnson and Mark Wahlberg. The news sparked excitement in the crypto community, with many crypto investors aping into the Gala Token (GALA). However, Gala games quickly took down the announcement, which caused a u-turn for the Gala Token (GALA), with the token declining massively after Gala games took down the announcement. For context, the Gala Token (GALA) is the utility token for Gala games, and as such, every news from the gaming company automatically affects the Gala Token (GALA). Following the deleted announcement, crypto investors quickly moved on from the losses accrued from the Gala Token (GALA) and are looking to invest in more reliable companies like Snowfall Protocol (SNW).
Snowfall Protocol (SNW)
Why are Avalanche’s (AVAX) and Gala Token’s (GALA) investors moving to Snowfall Protocol (SNW)? That is the question on the lips of many in the crypto community. However, the reason isn’t far-fetched. Snowfall Protocol (SNW) has caught the eye of many crypto investors with its utility. The decentralized protocol is committed to solving the issue of blockchain interoperability with its cross-chain bridge. Snowfall Protocol (SNW) allows users to swap their fungible and non-fungible assets across EVM and non-EVM compatible chains.
Furthermore, Snowfall Protocol’s (SNW) token is doing insane numbers, and it hasn’t officially launched. The SNW token already gained about 100% across the first three presale phases. With an increased demand for the token, experts project that it will make crypto investors 5000x of their capital once it launches in February. The fourth and final phase of the presale stage is ongoing, and crypto investors have one last chance to get in on Snowfall Protocol (SNW) before it gets sold out. Sign up here to purchase some SNW tokens.