Solana’s capability to head the DeFi sector has come under scrutiny. The platform has been promoting itself as capable of global-scale transactions on a single chain, but now it’s looking at Layer 2 solutions to improve scalability. Its recent shift from a single-chain model to network extensions has raised concerns about Solana’s ability to serve as a global financial backbone.

Meanwhile, FXGuys ($FXG) has become one of the high-potential altcoins on investors’ watchlists. Investment interest in FXGuys continues to grow stronger, showing its potential to outperform in Q4. Thanks to its innovative DeFi offerings, FXGuys is getting massive support, making it the best crypto to buy now.

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Solana’s (SOL) Reach For DeFi Dominance Might Not Happen 

Solana’s scaling approach has shifted, with the platform moving from a monolithic single-chain model to Layer 2 solutions known as network extensions. They’ve discovered that they can’t process global transactions independently and adopted Ethereum’s successful L2 strategy. Unfortunately, centralization and scalability issues are still big issues for Solana.

Some of Solana’s barriers are technical bottlenecks, such as its dependence on a single client and the delayed release of Firedancer, its second client. These issues have affected its capacity to carry out decentralized operations and increased its need for high bandwidth. Frequent outages and lack of protocol-level final backup have created centralization risks and limited accessibility.

Concerns over Solana’s insider-heavy token distribution also complicate its goal of decentralization, as roughly 98% of initial allocations were insider-held. With large firms like Coinbase and Visa backing Ethereum’s L2 solutions, the shift toward Ethereum’s ecosystem suggests Solana’s market share could diminish. Although it’s still one of the trending altcoins, Solana’s potential for DeFi dominance faces growing doubt among investors.

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FXGuys ($FXG) Offerings Shows Strong Appeal As The Best Crypto To Buy Now

FXGuys is a prop firm with a DeFi-focused approach that combines prop trading benefits with a unique Trade2Earn. By holding $FXG tokens, traders gain access to a prop account with up to $500,000 in capital, allowing them to participate in crypto and forex markets. Each trade rewards users with additional $FXG tokens, providing a recurring income stream for active traders.

The platform also offers staking rewards, with 20% of the trading revenue allocated to $FXG token holders who stake their assets. This model aligns well with the goals of passive investors seeking steady returns, making FXGuys the best crypto to buy in the DeFi market. FX Guys’ innovative offering of no KYC requirements and quick payouts in crypto has earned it the support of investors worldwide.

The FXGuys presale is currently in the first stage, selling $FXG tokens at just $0.03. This low entry price has attracted lots of attention, with investors expecting gains as $FXG targets a listing price of $0.1. As one of the top trending altcoins, FXGuys is positioned to become a top DeFi platform, offering life-changing returns for those investing early.

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Conclusion

Although Solana’s shift to Layer 2 solutions has raised questions about its capability, SOL is bullish. Meanwhile, the FX Guys continue winning investor interest with their innovative DeFi features. With its presale success and strong investor support, FXGuys stands out as one of the high-potential altcoins for those looking to profit from DeFi growth in Q4.

To find out more about FXGuys follow the links below:

Website | Whitepaper | Socials | Audit

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