Cardano and Sui Are Struggling While 1Fuel’s Transaction Model Gains Serious Institutional Backing

Many cryptocurrencies, including the top coins like Cardano (ADA) and Sui (SUI), are struggling to recover from the global market crash over the weekend. In times like these, investors often look for mid and low-cap crypto projects to diversify their portfolio, in hopes of massive return to cover up their losses. A prominent project that has been attracting investors is the ongoing 1Fuel (OFT) presale. Its technological innovation is rumoured to have brought in serious institutional backing.

Why Cardano and Sui are struggling

The Fear & Greed Index is currently 35. This captures investors sentiment across the market which is predominantly fear, at the moment. The 0.56% and 27% drop in the global crypto market cap and 24-hour trading volume, respectively, aligns with the index.

Cardano and Sui current price performance are simply a reflection of the overall investor sentiment. Cardano (ADA) has suffered a 24% decline in the last 30 days, gaining 3% on its market cap and 17% of its trading volume in the last 24 hours. 

Sui (SUI) is also not far behind losing close to 5% of its market cap and 33% of its 24-hour trading volume. 

While some of these declines may have more personal reasons from both projects, everything is still well excused under the broader crypto sentiment. 

1Fuel's transaction model got institutions paying attention

1Fuel (OFT) is on a mission to redefine what the crypto experience is for the average investor. The goal is to create a comprehensive solution that offers users the most seamless, secure, and efficient ways to manage their digital assets. 

With cryptocurrency adoption surging among institutions worldwide, the demand for specialized crypto solutions has increased significantly. 1Fuel offers a comprehensive wallet and exchange solution for crypto investors looking for an all-in-one platform for digital asset management. 

With 1Fuel, institutions that require a lot of cross-chain transactions can save a lot of money, time, and processes through 1Fuel's one-click technology. 

This technology eliminates all the complexities of cross-chain transactions and allows users to interact across multiple chains holding just the OFT token. 

Asset storage is also a major need for institutions crossing into cryptocurrencies. 1Fuel (OFT) offers a military grade cold storage facility that eliminates every threat of online breach and loss of assets.

Should some of these institutions need to convert their digital asset holdings to fiat, 1Fuel gives everyone access to instant transactions through its native P2P exchange. 

1Fuel (OFT) offers a lot of solutions that can make the crypto journey seamless and efficient for institutions. The possibility of institutional backing at 1Fuel's presale stage sends a bullish signal to the global market. 

The future of digital asset management 

Security has always been an important aspect of the crypto world. What that will translate into in the near future will be all-in-one solutions that eliminates the risk of exposure to multiple applications. 

1Fuel positions strategically for retail and institutional investors through its value proposition. Value drives adoption and institutional backing signals a massive upside for 1Fuel (OFT). 

While Cardano and Sui try to fix their problems, a good investment opportunity for investors is 1Fuel (OFT) ongoing presale at $0.017. 

To Find Out More About The 1Fuel Presale Use The Links Below:

Website: https://1fuel.io/ 

Telegram: https://t.me/Portal_1Fuel 

Twitter / X - https://x.com/1Fuel