The world of cryptocurrencies continues to intersect with traditional finance in exciting ways.
In recent developments, global banking giant HSBC has started accepting Shiba Inu (SHIB) for mortgage payments, Eclipse has adopted Solana (SOL) for its blockchain ecosystem, and Everlodge (ELDG) wows buyers with remarkable growth.
This article will dive into these intriguing developments and their implications.
Join the Everlodge presale and win a luxury holiday to the Maldives
Shiba Inu (SHIB): HSBC Embracing SHIB
HSBC, one of the world’s largest banks, has taken a groundbreaking step in embracing the world of cryptocurrencies, including Shiba Inu (SHIB). This progressive move comes through a partnership with FCF Pay.
It recently announced that HSBC customers holding assets Shiba Inu can now use it to pay their mortgage bills and loans via the FCF Pay platform. Thus, it highlights the increasing utility and adoption of the Shiba Inu coin in mainstream financial services, paving the way for broader acceptance of digital assets in traditional banking.
Meanwhile, market analysts focus on Shiba Inu’s long-term growth potential.
Solana (SOL): Eclipse Chooses Its Virtual Machine
Eclipse, an Ethereum L2 network project, has strategically chosen Solana (SOL) as a critical component of its ecosystem. To achieve its goals efficiently, Eclipse will harness Solana’s virtual machine for execution, integrating it with Ethereum for settlement.
This innovative approach combines Solana and Ethereum’s strengths to enhance the Eclipse network’s overall functionality and scalability. With its mainnet launch anticipated by the end of the year, this partnership signifies a significant step towards a more robust and versatile blockchain ecosystem.
In parallel, market analysts have their eyes on the Solana crypto, with forecasts of the Solana price reaching $29.22 within Q4 of 2023.
Everlodge (ELDG): Impressive Growth
Everlodge (ELDG), a rising real estate and blockchain industry star, has been making waves with its impressive growth. Over a relatively short period, the ELDG native token has stunned investors by achieving an 80% increase in value. This growth will continue thanks to its low market cap, possibly causing ELDG to soar faster than Shiba Inu and Solana.
Real estate investments have historically required substantial capital, making it difficult for all to participate. Everlodge introduces the concept of fractional ownership, allowing investors to buy and hold fractions in real estate properties. It accomplishes this by digitizing and minting hotels and villas into NFTs, which are then fractionalized.
Furthermore, regulatory barriers can make investing in real estate markets beyond one’s borders challenging. Everlodge uses blockchain’s borderless nature, allowing investors to participate seamlessly in global real estate markets. Additionally, smart contracts enable automated cross-border transactions, simplifying properties’ buying and selling process.
This platform’s core is the ELDG token, now worth just $0.019. Experts foresee the price surging by 280% before its presale ends as demand is high.
Find out more about the Everlodge (ELDG) Presale: Website | Telegram
Disclaimer
This article is sponsored content and does not represent the views or opinions of BeInCrypto. While we adhere to the Trust Project guidelines for unbiased and transparent reporting, this content is created by a third party and is intended for promotional purposes. Readers are advised to verify information independently and consult with a professional before making decisions based on this sponsored content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
