After a long period of decline, positive sentiment has returned to the crypto market. Coins like Solana and Cardano are now showing an upward trend on the monthly timeframe. Meanwhile, the Solana network indicator is still falling.
The Cardano founder has given a hint as to what will happen after the Windows hard fork. In other news, analysts have shared their high expectations for a new project called IntelMarkets. They expect the token price to increase 100-fold in the coming months.
Solana (SOL) Network Indicators Fall, SOL Price Rise
The Solana (SOL) meme coin has been losing popularity over the past few weeks. This loss has contributed to the overall decline in user engagement on the Layer 1 blockchain. The number of daily active addresses and transactions has decreased in recent days, which has led to lower network fees.
According to Artemis data, daily transactions on the Solana blockchain have decreased by 22% to 29 million over the past 30 days. The decrease in the number of transactions has led to a 45% decrease in fees, reaching $523,000.
Also, the Solana price is rising over the given monthly period. The market cap is consolidating between $50 billion and $75 billion. Analysts predict that the Solana coin’s value could soon surpass its 200-day SMA ($147.44).
Cardano (ADA) Founder Shares Thoughts on Windows Upgrade
Cardano founder Charles Hoskinson has shared his thoughts on the project’s next steps after the Chang hard fork. In an X video, Hoskinson said that the Cardano blockchain is in the bootstrap phase, where the initial government is being established.
According to him, the bootstrap phase is the phase where new governments and roles are established in the Voltaire era. He pointed out that these new pillars are important to support fully functioning community-centered governance.
In other news, Cardano coin is trading in the green zone on the monthly time frame. The market cap of this cryptocurrency is between $10 billion and $15 billion. Experts predict that the Cardano cryptocurrency price will soon rise and test the 50-day SMA (0.373222).
IntelMarkets (INTL): A new generation cryptocurrency trading platform
IntelMarkets (INTL) is a new generation cryptocurrency that experts are giving a thumbs up to compete with Solana and Cardano. The ongoing presale is proof that there is better things to come. So far, IntelMarkets has raised $225,000. This bullish momentum has led analysts to call IntelMarkets the next 100x coin in the cryptocurrency market.
Meanwhile, IntelMarkets is developing a cryptocurrency trading platform that allows beginners to trade digital currencies using AI technology. Cryptocurrency trading is strongly integrated with AI, making it a perfect competitor to the existing giants in the industry.
The goal of this platform is to revolutionize the $36 billion cryptocurrency trading platform market using this AI tool. That’s not all. IntelMarkets also offers advanced trading tools such as advanced charts, custom indicators, and risk management tools.
With features like a variety of asset pairs, 1,000x leverage, and copy trading, the IntelMarkets project is a choice you can never ignore.
Is IntelMarkets a good project like Solana and Cardano?
According to the article, IntelMarkets is an AI-based cryptocurrency trading platform that allows investors to trade various digital currencies. Experts believe that this makes IntelMarkets unique and different from other companies.
Moreover, the cryptocurrency trading market is a vast market. They think IntelMarkets can quickly become the leader.
Learn more about IntelMarkets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclaimer: This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.
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