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How Lytus Technologies (NASDAQ: LYT) Is Expanding Its Footprint From India To The USA

Benzinga

By Meg Flippin, Benzinga The internet is booming in India and is poised for more growth as 5G rolls out across the world’s most populous nation. As of the start of this year, there were over 1.2 billion internet users in the country. By 2050, that’s projected to grow to more than 1.6 billion. That’s a big market opportunity to bring cutting-edge internet services to the masses, which is what Lytus Technologies Holdings PTV. Ltd. (NASDAQ: LYT) is aiming to do. Lytus Technologies is a platform services company enriching the experience for users whether its streaming content, telemedicine or fintech services. The company reports that its ability to provide a cutting-edge platform regardless of the digital offering is what makes it so unique. The company operates telecasting, telemedicine and OTT platforms, leveraging its 5,000-kilometer network of installed fiber and broadband infrastructure to serve more than four million users in India and the USA. As one of the few Indian companies listed on the NASDAQ, Lytus potentially provides investors with a unique opportunity in the growing Internet market in India. Potentially Big Market Opportunity The opportunity for Lytus Technologies is large. India has the second largest pay-TV market in the world and the highest fintech adoption rate globally. The telehealth and telemedicine market in India is forecasted to reach $285.7 billion by 2027, growing at a compound annual growth rate (CAGR) of 26.6% over 2022-2030. That strong demand is showing up in Lytus’s results. The company, which was founded in 2017, has achieved positive EBITDA and $20 million in revenue. The market opportunity seems similar to China where Alibaba Group Holding Ltd. (NASDAQ: BABA), the e-commerce giant, dominates by leveraging its vast platform. As a company operating a similar model to the commerce giant, Lytus hopes to emulate AliBaba’s success in India. Lytus' business model is potentially disruptive but easily repeatable and scalable across geographies. Its recent launch of Lytus Studios is an example of how the company is leveraging technology to give consumers and businesses advanced internet services. Lytus Studios is a content creation and technology services business bringing virtual reality, augmented reality, mixed reality and extended reality to the film, video, commercial, corporate and digital markets. Growing Demand For Fintech Services Lytus Technologies has also forayed into fintech. The company recently launched a payment gateway for consumers in India. The initial rollout is focused on a B2B model, but it plans to expand the payment service to individual users in the next 12 months. Recognizing the big market opportunity, the company is investing $50 million to grow its fintech business in India during the next five years. Like the other markets it enters, technology underpins all its offerings and sets it apart from its rivals. "Over the course of the next several months, Lytus intends to expand the scope of its fintech services to include AI-driven next-generation payment platforms, P2P lending, blockchain, insurtech, digital shareholder services, cross-border payments, among other services. Lytus also plans to offer its subscribers e-wallet and credit card services using AI-based technology for personalized financial insights. Users will be able to set spending goals based on their priorities, earn rewards and leverage the features to develop good financial habits and achieve their long-term goals," said Huzaefa Lokhandwala, CEO of Lytus Fintech. The fintech opportunity alone is large given India is one of the fastest-growing fintech markets in the world, expected to hit $2.1 trillion by 2030 growing at a CAGR of over 18%. Acquisition Makes It Happen Lytus’s expansion is helped by its acquisition of a 51% stake in Sri Sai Cable and Broadband Private Ltd., the regional Multi Service Operator (MSO) based in Telangana, India. The MSO has a subscriber base of more than one million, giving Lytus Technologies a bigger presence in the Indian market. With 5G rolling out in India, Lytus Technologies is only scratching the surface in terms of what internet services it can offer. With 5G it can reach more customers, deliver enhanced connectivity, support a multitude of devices, introduce new and immersive applications and ultimately provide a superior broadband experience. All of that almost ensures it gets more subscribers as it attempts to become the Alibaba of internet streaming. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

October 26, 2023 09:25 AM Eastern Daylight Time

Xiao-I, a pioneer of the AI chatbot, aims to become the "operating system of the AI era"

Xiao-i Corp

Xiao-I Corp's Berry Xia shares insights on the company's growth and ambitions in an interview with Proactive's Stephen Gunnion. Xiao-I, a pioneer in the AI chatbot industry, started in 2001 and launched its first chatbot for the MSN Microsoft application in 2004. By 2008, its active user base surpassed 100 million. The company refocused its strategy in 2011 towards a B2B market, developing tailored AI solutions for clients. Despite AI's advancement, Berry noted a lack of application in developed regions, prompting their globalization strategy in 2018, which began in Hong Kong, Taiwan, and Macau. Xiao-I listed on NASDAQ this year, and introduced its large language model, Hua Zang. The company saw a 106% surge in first-half net revenues, attributed to its shift from one-time software deliveries to a more sustainable cloud subscription model. Berry emphasized Xiao-i Corp's vision of becoming the "operating system of the AI era," highlighting the transition from rule-based AI to more advanced, human-like interfaces powered by large language models. Xiao-I is holding a live stream press conference about its latest progress of LLM on October 26, 2023. Interested parties can register here to participate: https://www.xiaoi.com/en/symbiosisPage/symbiosis Contact Details Proactive United States Proactive United States +1 347-449-0879 action@proactiveinvestors.com

October 26, 2023 09:18 AM Eastern Daylight Time

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RegTech Open Project tackles market uncertainties with 'operational resilience platform'

RegTech Open Project PLC

RegTech Open Project PLC chief executive Ian Halliday-Pegg joined Proactive's Stephen gunnion with details of the company's value proposition and future outlook. The company empowers organisations to maintain operational resilience, adapting swiftly in uncertain times marked by wars, financial shifts, and supply chain disruptions. Its long-standing technology, tracing back to 2005, ensures business continuity, risk assessment, and timely decision-making during unfolding events, particularly in collaboration with Everbridge, a leader in emergency mass notifications. Primarily serving the banking, financial services, and insurance sectors, RegTech addresses stringent regulatory demands. These institutions must demonstrate robust operational resilience against cyber threats, ransomware, and other risks. Having secured about 60% of Italy's domestic banking market, the company's recent listing on the LSE signifies its aim to broaden horizons, targeting potential growth in the UK, Europe, and through partnerships, the expansive markets in the United States and China. Highlighting a compelling investment case, Halliday-Pegg shared the company's impressive 95% client retention rate and approximately 50% year-over-year revenue growth. With the operational resilience market projected to surpass $500 billion in the coming years, RegTech Open Project PLC stands poised for significant expansion. Contact Details Proactive UK Ltd Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

October 26, 2023 09:15 AM Eastern Daylight Time

Video

News Release

Solana Price Rallies, Dogecoin Struggles At $0.0600 While Everlodge Prepares for Massive Rally

Total Media

In the recent crypto market rally, Solana (SOL) continues to be a standout performer while Dogecoin (DOGE) struggles with the $0.0600 level. Everlodge is another top beneficiary of the bullish market, with analysts expecting a massive rally soon. Join the Everlodge presale and win a luxury holiday to the Maldives Solana Price Skyrockets, a Rally Above $30? Despite the growing FUD surrounding the liquidation of FTX, the Solana coin (SOL) continues to be a top-performing crypto. The price of Solana has increased by 30.5% on the monthly chart to set a new high of $29.41 in October. According to an IntoTheBlock analyst, the worries of investors about FTX were overblown by the rally. They further explain that a SOL/ETH breakout contributed to the rising Solana price. Also, the rising activity on the Solana network and the massive influx of funds from institutional investors contributed to the rally. With a major tech upgrade happening for Solana, the SOL price could continue to rise. If SOL holds the $29.00 support in the coming days, its price is expected to rally to the $35 resistance. However, a drop below this level could see Solana retest the $25 support level. Dogecoin Price Rallies, Breaks Past The $0.0600 Resistance The leading meme coin, Dogecoin (DOGE), has seen some gains in the recent market rally, but not as profound as Solana’s. The rally has seen the price of Dogecoin increase to $0.067718 and has convincingly flipped the $0.0600 resistance to support. This level was critical as it repositioned the sentiment of Dogecoin on the multi-year chart. If DOGE holds at current support in the coming weeks, it could trigger a rally above the 30-day and 200-day exponential moving averages (EMAs). Breaking above this level will see the price of Dogecoin surge as high as $0.0835. When this happens, the popular cryptocurrency analyst, Ali Martinez, has predicted that Dogecoin could rally as high as $1 as it would then be in bull territory. Everlodge Projected To Lead the Crypto Market Rally Amidst the strong performance of Solana and Dogecoin, it is Everlodge that has caught the attention of crypto investors. This is because Everlodge has links to one of the biggest global markets – real estate which was valued at over $280 trillion in 2022. Everlodge is building the world’s first decentralized property marketplace. On this marketplace, investors will browse through luxury villas, vacation homes, and hotels from top locations across the world. While these properties are naturally expensive, Everlodge adopts a unique co-ownership model to reduce the barrier to entry. Every property listed on the platform will be tokenized. Their ownership information will be locked on the metadata of the NFT representing them. To reduce the cost of each property, Everlodge will adopt NFT fractionalization. Each property will be split into fractions representing shares which cost only $100. This model will make real estate investment more accessible and cheaper. Hence, crypto analysts have predicted that Everlodge’s native token, ELDG, has the potential to lead the next bull market, with a rally of up to 35x. ELDG now trades at $0.023 per token in its sixth presale stage. Find out more about the Everlodge (ELDG) Presale: Website: https://www.everlodge.io/ Telegram: https://t.me/everlodge Contact Details Everlodge Media Team media@everlodge.io

October 26, 2023 09:00 AM Eastern Daylight Time

News Release

Crypto Analyst DonAlt Projects 80% Dip for Litecoin, Traders Are Diversifying with Everlodge and Shiba Inu

Total Media

A widely followed crypto analyst, DonAlt, told over 500,000 of his followers on X that the Litecoin (LTC) crypto could decline against Bitcoin based on historical price patterns after halving events. Moreover, Shiba Inu (SHIB) is heading towards a bullish momentum, especially following the success of the Shibarium platform. Everlodge (ELDG) also has a bright future, as it has already reached Stage 6 of the presale. Summary Shiba Inu to reach a maximum point of value at $0.00001078 by the end of 2023 LItecoin to dip 80% according to analyst projection Everlodge to spike 25x at launch Join the Everlodge presale and win a luxury holiday to the Maldives Shiba Inu (SHIB) Got Massive Attention Following Shibarium’s Success Shiba Inu (SHIB) has recently seen a price upswing following the Shibarium launch. Moreover, the network reached 3.5 million transactions and saw 1.25 million wallet addresses connect to it, resulting in heightened interest in Shiba Inu. As for the recent price performance of the crypto, Shiba Inu traded between $0.0000067 and $0.00000724. The crypto has a market cap of $4,215,543,662, and this makes Shiba Inu currently the 19th largest on the top 100 list. As a result, analysts are bullish about its future price movements. According to the Shiba Inu price prediction, it can increase in value to a maximum point of $0.00001078 by the end of 2023. Litecoin (LTC) to Dip 80% Following Its Latest Halving Event A notable crypto trader known as DonAlt, who has over 500,000 followers on X (formerly Twitter), noted how Litecoin (LTC) could head downward in value. According to the analyst, the Litecoin crypto is on its way to 80% destruction. Every time Litecoin undergoes a halving event, historically, it goes down in value. This happened in 2015 and after its halving in 2019. It will likely occur after its latest 2023 halving as well. During the past week, the Litecoin crypto traded between $60 and $66. Based on the current Litecoin price prediction, if it dips 80% from $60, it will be worth just $12. Everlodge (ELDG) to Include Free Nightly Stays at Luxury Hotels and Villas Everlodge is an upcoming real estate marketplace that will disrupt the $280 trillion-dollar market. In other words, it will enable a platform on top of which anyone can enter the industry starting with just $100. This works through the process of minting properties as NFTs. The project will enable individuals the opportunity to diversify their holdings, and as the properties appreciate in value, so will the value of the NFT increase. Each property gets minted and then can be fractionalized. So, if it's worth $5,000,000, it can be split across 50,000 pieces worth $100 each. Moreover, there is a dedicated Rewards Club, and through it, investors can access free nightly stays at luxury hotels and villas. During Stage 6 of the presale, ELDG trades at $0.023. At launch, analysts project that the crypto can spike as much as 25x in value. Find out more about the Everlodge (ELDG) Presale Website: https://www.everlodge.io/ Telegram: https://t.me/everlodge Contact Details Everlodge Media Team marketing@everlodge.io

October 26, 2023 07:00 AM Eastern Daylight Time

Litesport Collaborates with Qualcomm to Create AI-Based Fitness Experience for Snapdragon Summit 2023

Litesport

Litesport, a leader in mixed reality fitness experiences, has partnered with Qualcomm Technologies, Inc. to create an artificial intelligence (AI) based fitness routine demonstration built on Snapdragon Spaces™ XR Developer Platform and utilizing Snapdragon Seamless, to showcase a cross-device experience at Snapdragon Summit. This experience consolidates AI-based body pose data from the reference smartphone, powered by the new Snapdragon® 8 Gen 3 Mobile platform, and the biometric data from the smartwatch, powered by the Snapdragon W5 Gen 1 Wearable platform, and uses wireless Snapdragon AR2 powered smart glasses to allow the user to take part in an immersive fitness experience in AR with real-time feedback on corrective actions powered by ASENSEI. Litesport has established itself as a frontrunner in the realm of mixed reality technology development. Launched in 2020 as a connected fitness product, the company has transformed and adapted with the evolving landscape of the fitness industry. With a commitment to innovation and a track record of pioneering advancements, Litesport has consistently pushed the boundaries of what is possible in merging the physical and digital worlds. Their dedication to creating immersive, interactive, and personalized mixed reality experiences is evident in their groundbreaking applications across various industries. "At Qualcomm Technologies, we are driven by our commitment to push the boundaries of technology and enrich people's lives. Collaborating with Litesport to build an XR fitness routine experience on Snapdragon Spaces was a natural choice, as they share our vision for creating transformative experiences. Together, we are showcasing the incredible potential of immersive technologies that merge our physical and digital spaces. Litesport's expertise in innovative fitness experiences helps to bring to life our mission of ushering in a new era of spatial computing," said Hugo Swart, VP and GM, XR, Qualcomm Technologies, Inc. Highlights: Real-time adaptive content provides adjusted trainer responses based on your performance. Integration with ASENSEI software captures the motion of users and analyzes their movement in real-time, enabling personalized health and fitness experiences and form corrections by the trainer with personalized form corrections in the moment. Biometric feedback collects and analyzes physiological data from the user in real-time, in order to provide valuable information about an individual's workout. This feedback is used to monitor and assess various aspects of the users health, performance, and well-being. Augmented Reality enhances the real-world environment of the user by overlaying digital information onto the user's view of the physical world. In the demo, AR brings a personal trainer into your physical world to provide an interactive and effective training experience. About Litesport: Litesport is a leading developer of innovative fitness and wellness solutions that leverage virtual reality and mixed reality technologies to enhance the way people exercise and stay active. With a passion for redefining fitness experiences, Litesport is committed to making fitness more accessible and engaging for everyone. Snapdragon, Snapdragon Spaces, and Snapdragon Seamless are trademarks or registered trademarks of Qualcomm Incorporated. Snapdragon and Snapdragon Spaces are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Contact Details Litesport Victoria Scott tori@liteboxer.com Company Website https://litesport.com

October 25, 2023 03:00 PM Eastern Daylight Time

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NAVEX Research Reveals AI Will Improve GRC Programs

NAVEX Global

NAVEX, the leader in integrated risk and compliance management software, today announced the publication of its inaugural 2023 State of Governance, Risk and Compliance Management Report. The data, based on a commissioned study conducted by Forrester Consulting on behalf of NAVEX, exposes the major obstacles governance, risk, and compliance (GRC) decision makers face as well as the gaps in GRC maturity, data, and organizational management. Nearly all 300 industry leaders surveyed at European and North American organizations think artificial intelligence (AI) could improve the performance of their GRC programs. “An effective GRC program should analyze data in a way that enables prediction and mitigation of potential business risks. Given the increasing complexity of both business challenges and regulatory requirements, risk management programs must become increasingly digitized and automated. The next logical step is to incorporate AI tools,” said A.G. Lambert, Chief Product Officer at NAVEX. “This research shows that mature GRC programs emphasize automation and the holistic integration of data; with several business functions contributing to and deriving insights from it.” Forrester Consulting’s data suggests a strong GRC program is important to meeting today’s top business goals. While the trend of integrated GRC is a big buzzword right now, its analysis and insights are still highly manual and hindered by data silos. A comprehensive, integrated AI-powered system to view, analyze, and report on GRC data will empower organizations to break down these silos, analyze data more effectively, and automate control monitoring and compliance review. Key Findings: GRC program obstacles Although many respondents indicate they are moving towards implementing a comprehensive, enterprise wide GRC program, more than one in three reported facing several obstacles. Namely a lack of financial resources (37%); lack of common understanding of organizational risk (37%); and lack of cross-functional accountability (36%). AI to play a crucial role in GRC programs of the future Nearly all respondents (98%) said they believe AI could improve the performance of their GRC program as it is seen as an enabler of operational improvements. The top two use cases, each highlighted by 55% of respondents, were: “incident management data collection” and “efficient integration of relevant risk and compliance data into reports.” Predictive AI will empower organizations and GRC programs to break down data silos to drive more efficient and timely data analysis. However, the survey findings indicate that most organizations are somewhat hesitant to adopt AI, with 57% expecting to incorporate some aspects of AI into their GRC program in the near future. The vast majority, (92%) said they believe AI will be incorporated to some degree into GRC program management, in the next one to three years. Data analysis leaves room for improvement Asked to describe the level of technological/digital maturity of their organization’s program, 64% responded either “significantly” or “comprehensively” automated. Yet, when asked how the data used in the GRC program is integrated for the purpose of analysis, only 26% said their organization has automated systems where data is collected, integrated, and stored. This suggests that many programs – even those that are sophisticated in the collection of GRC data – have room to mature in putting that data into practice. More than 8 in 10 respondents reported that their organization faced one or several challenges in data collection, storage, analysis, or reporting. Nearly half of respondents (47%) cited “legacy tools and technology with limited functionality and integration capabilities” as among those challenges. Digital transformation and GRC program centralization GRC programs that were described as “significantly” or “comprehensively” automated are more likely to be managed by a single department compared to GRC programs that have not undergone a digital transformation (45% versus 28%). This finding indicates that the more digitized a GRC program is, the more centralized it is and, thus, the more mature the program. Forty one percent of respondents said, “responsibility is spread across multiple functional areas, but the data is collected, analyzed, and reported by one department.” Another 39% revealed that management of the overall GRC program is within a single function/ department (e.g., compliance, legal, HR). While 20% said responsibility is spread across multiple departments and geographies, and that data is analyzed and reported separately. “GRC is a strategic business enabler, providing executives with a comprehensive, actionable view of risk and risk mitigation. Yet, the majority of those surveyed for this report said their access to GRC data is fragmented, making it difficult to gain a holistic view of the organization’s risk management challenges and successes” said Carrie Penman, NAVEX Chief Risk & Compliance Officer. “Organizations that successfully identify, integrate, and analyze GRC-relevant data from across the business will gain insight that will empower them to drive distinct competitive advantage.” To learn more, download the full report here. ### About the 2023 State of Governance, Risk and Compliance Management Report NAVEX commissioned Forrester Consulting to survey more than 300 GRC program decision makers at North American and European organizations. Respondents represented organizations from 1,000 to more than 20,000 employees and spanned industries including retail, travel and hospitality, manufacturing, business services, education and non-profit, financial services and insurance, and healthcare. The NAVEX data science team looked at primary incident management benchmarking metrics for customer organizations using the NAVEX One platform. In addition to data analysis by customers that incorporated either one additional service (for a total of two) or more additional functions (a total of three or more) on the platform. For the three cohorts in this study, organizations had roughly the same mean number of employees, at around 15,000. NAVEX is trusted by thousands of customers worldwide to help them achieve the business outcomes that matter most. As the global leader in integrated risk and compliance management software and services, we deliver solutions through the NAVEX One platform, the industry’s most comprehensive governance, risk and compliance (GRC) information system. For more information, visit NAVEX.com and our blog. Follow us on Twitter and LinkedIn. Contact Details Scott Levesque +1 617-388-5773 scott.levesque@navex.com Company Website https://www.navex.com

October 25, 2023 10:00 AM Pacific Daylight Time

Messi's Sneak Peek of Planet ReFi Collectibles Sends Shockwaves Worldwide

Planet ReFi

In a bid to address the planet's mounting sustainability challenges, global football icon Lionel Messi recently shared an Instagram post where he can be seen opening a box with "Join the Planet" emblazoned on it, hinting at an upcoming initiative. The caption read, "Coming soon @PlanetReFi," revealing his partnership with the platform. Messi's anticipated celebrity-backed collectibles, in collaboration with Planet ReFi, are set to launch soon. This move signifies the growing alliance between global celebrities and innovative solutions targeting the world's most pressing issues. These efforts by a renowned figure like Messi underscore the scale and urgency of the global predicament. After all, if one had to pinpoint the most significant concern Earth and all its inhabitants face, it would undeniably be sustainability challenges due to their social, economic, and environmental repercussions. Given the magnitude of these concerns, there’s a need for a watertight holistic solution. And Planet ReFi aims to achieve just that. It utilizes the power of blockchain technology to its fullest, leverages the fandom of global celebrities in the optimal way possible, and structurally rewards every recognizable effort toward mitigating sustainability challenges. Why Collectibles? The long-ranging vision of Planet ReFi is to use Web 3.0 features as efficiently as possible so that it creates a sustainable revenue model out of the combination of real-world assets and global celebrities. And what could be better than collectibles here? Planet ReFi leverages physical collectibles, mystery boxes, and exclusive NFTs as tools for funding the DAO, generating income, and funding the ecosystem as investments. Although the excitement these collectibles generate would become evident as and when they become public, they play a key role in Planet ReFi’s flywheel model at a broader level. Revenue earned from these collectibles would go into funding the cause and ensuring that every purchase creates a positive impact, snowballing into something much more than the mere sum of its parts. Planet ReFi: Set to Change the Game Having reached a milestone with Lionel Messi’s upcoming collectible launch, Planet ReFi aims to revolutionarily disrupt the US$300 billion Green Tech market with a sustainable annual revenue model of US$100 million+. This ambitious vision doesn't stop there. Planet ReFi will next launch Mystery Boxes, designed with inclusivity in mind, providing equal opportunities for everyone to access Planet ReFi’s unique collectibles. Expanding on that offering, there will also be a series of exclusive NFTs featuring rare artworks accompanied by concealed real-world assets. One could say that the latest launch is only an exciting spark that would set a grand firework in motion in the days to come! About Planet ReFi Planet ReFi is an ecosystem harnessing the power of the blockchain to address pressing social and sustainability challenges, paving the way for a more transparent and sustainable future. Planet ReFi has unveiled its mission towards global good as outlined by 17 United Nations Sustainable Development Goals. These goals address pressing social, economic, and environmental challenges facing our world to promote sustainable development holistically. Planet ReFi is using the power of celebrity and fandom to mobilize the world to address global challenges, with the world's biggest celebrities backing sustainability projects dear to them through the platform. Planet ReFi wants to move the sustainability space from short-term funding to viable long-term revenue streams that can power campaigns for a better future. Website l Twitter l Instagram l Telegram Contact Details Marjore Barros marjore@energentmedia.net Company Website https://planetrefi.com/

October 25, 2023 12:13 PM Eastern Daylight Time

News Release

Bitcoin, Solana and Borroe Finance Among Top Climbers

Blockchain Digest

With the crypto market finding the right footing based on the bullish momentum being witnessed, Borroe Finance ($ROE), Bitcoin (BTC), and Solana (SOL) are leading the pack based on a couple of reasons. >>BUY $ROE TOKENS NOW<< Borroe Finance With more than 115 million $ROE tokens already sold at the presale level, Borroe Finance is stamping its authority in the crypto space because its primary objective is changing the stakes in Web3 financing. $ROE is Borroe Finance’s native token and its adoption rate is going through the roof because in investors’ eyes, it’s a top crypto to buy. Since innovation pays, Borroe Finance is heeding the call by incorporating cutting-edge technologies, such as artificial intelligence (AI), non-fungible token (NFT), and blockchain to streamline the Web3 fundraising process. As a result, Borroe Finance is crafting a name for itself as one of the top DeFi projects because its peer-to-peer platform enables Web3 participants to get immediate cash needed to fund their projects by using their future incomes as collateral. Specifically, the future earnings are minted as NFTs, making revenue buying and selling easier. As a result, Borroe Finance is changing the odds in Web3 financing because one of its primary objectives is lowering the barrier to entry in this field. These factors are making Borroe Finance a top climber in the crypto space, making it one of the altcoins to watch. >>BUY $ROE TOKENS NOW<< Bitcoin (BTC) When it comes to the question of which crypto to buy today for long-term, Bitcoin is always top of mind for investors as the pioneer cryptocurrency. Despite the ups and downs witnessed in the crypto market, Bitcoin usually gets the upper hand based on the keen eye of both retail and institutional investors. For instance, the optimism engulfing the Bitcoin network about the approval of spot BTC exchange-traded funds (ETFs) by leading asset managers, such as Grayscale and BlackRock, is one of the factors triggering a bullish momentum in the ecosystem. Bitcoin has been trying for months to breach the psychological price of $30,000 in vain, but this fate was recently sealed. BTC was hovering around the $34,300 zone at the time of writing, according to CoinGecko data. Heightened on-chain activities have also played an instrumental role in Bitcoin’s price surge based on suggestions by leading market insight provider Glassnode. Solana (SOL) Based on a weekly increase of 35.5%, Solana is showcasing itself as one of the top climbers. SOL was trading at $30.4 at the time of writing, according to CoinGecko. Some of the factors triggering this spike entail heightened social dominance in the Solana network, according to leading on-chain provider Santiment. Therefore, SOL is experiencing growing excitement based on increased mentions, and this is proving to be bullish on the price. Furthermore, Solana is experiencing an uptick in trading volume and total value locked, as showcased by DeFiLlama data. Therefore, these factors are playing a pivotal role in making Solana one of the leading climbers in the crypto market, making it one of the top altcoins. Learn more about BorroeFinance ($ROE) here: Visit BorroeFinance Presale | Join The Telegram Group | Follow BorroeFinance on Twitter Contact Details Borroe Finance media@borroefinance.ai

October 25, 2023 10:25 AM Eastern Daylight Time

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