AS the digital money market continues bleeding, Nano (NANO) is one of the coins defying the downtrend. Since it rebranded from Raiblocks to the present outfit, the coin has changed the perception of the market. The platform charges users zero fees to host a hub and this has enticed many to host on the blockchain.
Compared to the first generation coins, Nano exchanges are faster and this is what most crypto enthusiasts are looking for. Nano is uniquely designed that is does not require the miner input to keep the system secure. This is one of the reasons that make hosting free.
The bearish market has taken a toll on all major and small coins in equal measures with only coins with use cases seem to be moderately affected. With the regulatory uncertainty to market price manipulation, the coin seems to withstand all that and showing early signs of breaking even.
Nano (NANO) Latest Performance in the Market
At the time of writing, Nano (NANO) is ranked 34 by market capitalization and has been struggling since the crypto-crash earlier in the year. However, for the last one month the coin has been holding constant at the $4.26 with low of $3.62 and a high of $8.06. This is a time when other players were shedding as high as 40%. The coin help steadily in terms of price and market cap.
The NANO coin is changing hands at $14.19 with recorded gains of 14.45% against the dollar and 12.15% to BTC. With much effort being put on the infrastructure development, the work seems to be bearing fruits. The team has also been working on new native wallets that should give the user a better experience and control over their funds.
Short-Term Nano Goals
In order to be at per with the industry ever changing technologies and consumer demands. Nano has updated its roadmap. This will help the coin gain its past glory and focus on the future. Currently, the team is working on Nano wallet. This has been occasioned by the ever demanding user base for light wallet that re iOS, desktop and Android compatible. These are set to be in the market soon and the community is very keen on when they will be released.
Son, Nano is set to introduce a new block explore which will see it shift base from the old nano.org to nanode.co. These changes come with a user friendly interface that will discern the old and newbie adopters. In addition, it will be very easy to monitor the coin live performance with a new interface that is undergoing development and about to go live.
With the Nano Wat.ch application, users will be able to view up to 50 recent transactions. In addition, users will be able to view the amounts of NANO that has been received or sent. With such features and ore developments in the offing, the coin is set to get adopted resulting in increased traction and growth in value once the roadmap is complete.
Future of Nano (NANO)
Seems like the developer team has learned what the market is looking for and with the price recovery around the corner, Nano could become the investor haven. The coin resilience in the market where other coins are counting loses cold be a good show of potential.
The coin is trading under $5 and is ripe for adoption given the current and upcoming developments and this could mean long term stability for the coin. Once the exchange network is expended, Nano can become a force to change the landscape in the market before the end of the year.