The competition in the crypto industry is getting tougher as new innovations appear. While new cryptocurrencies compete for attention, older cryptocurrencies struggle to maintain their value.

With its distinctive features and application scenarios, Sparklo, one of the most recent innovations on the cryptocurrency market, has been attracting investors’ attention. While other old cryptographic forms of money like Wave (XRP) and Cardano (ADA) battle to stay important on the lookout, Sparklo is building itself to make the positions of the most popular digital currencies on the lookout.

Ripple (XRP) Struggles For a Spot on Coinbase Alongside Bitcoin (BTC) and Ethereum (ETH)

Ripple (XRP) supporters have voiced their displeasure at Coinbase’s recently announced international exchange’s lack of other assets.

The largest cryptocurrency exchange in the United States, Coinbase, has just launched its international platform, “Coinbase International Exchange,” to serve institutional investors outside of the United States. The exchange initially only supported Bitcoin (BTC) and Ethereum (ETH), excluding Ripple (XRP), despite operating outside of US jurisdiction. This incited responses from favorable to Wave (XRP) attorneys.

On May 2, Coinbase made the declaration of the presentation, saying that it will at first proposition Bitcoin (BTC) and Ethereum (ETH) unending prospects markets paid in USDC, considering up to 5x influence.

Bill Morgan, an advocate for Ripple (XRP), responded to the announcement by making fun of the fact that the exchange only accepts Ethereum (ETH) and Bitcoin (BTC).

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Cardano (ADA) Price Faces Resistance 

The price of Cardano (ADA) attempted to cross the $0.415 mark a few times this past week. The bulls, on the other hand, struggled to gain momentum for a steady ascent above $0.415.

Cardano (ADA) saw another decline close to the $0.38 support as a result. Similar to Bitcoin and Ethereum, a bottom has formed at $0.3800, and the price of Cardano (ADA) is showing some bearish signs.

The 61.8% Lie retracement level of the latest slide from the $0.4149 swing high to the 0.3800 low is exceptionally near $0.4015. The price of Cardano (ADA) may begin to rise significantly in the event of an upward break above the $0.402 and $0.405 resistance levels.

Sparklo Continues To Storm the Cryptocurrency Market 

Sparklo is a digital currency drive that helps the buy and exchange of valuable metals like platinum, gold, and silver. The ERC-20 token standard is followed by the platform, which is based on the Ethereum blockchain.

Sparklo users can buy and sell precious metals directly from one another, enhancing transaction speed and security in contrast to conventional methods of precious metal investing.

One of Sparklo’s unique features is its ability to provide liquidity for precious metals. Each purchase made on the Sparklo network is backed by the right amount of safe precious metal. As a result, it is a more secure investment option because it ensures that each token is supported by an entire physical asset.

Sparklo is a great alternative for customers who want to transfer money quickly and affordably due to its low transaction fees and short transaction times.

Interfi Network has audited the Sparklo platform and recently finished the KYC verification process. This is to guarantee investors of the security of the platforms.

The platform is currently in stage one of its presale, which will soon come to an end. The price of each Sparklo (SPRK) token is just $0.017. Additionally, there is a 50% bonus on all purchases made within the next 24 hours, making this a compelling chance to participate in the tokens’ presale.