Solana and Cardano Investors Are Monitoring A New Project With $30M AUM
The post Solana and Cardano Investors Are Monitoring A New Project With $30M AUM appeared on BitcoinEthereumNews.com. The Solana price is currently attempting to reclaim the $200 level after a recent pullback by profit takers. Analysts expect the altcoin to soar to $250 soon if successful. Meanwhile, Hardy forecasts the Cardano price may rally past $1 soon. In the meantime, Solana and Cardano investors have taken interest in a new DeFi project called Unilabs (UNIL). Many have tagged it the “Solana Slayer’ based on its AI-driven investment strategy and passive earning opportunities. Solana (SOL) Price May Soar To $250-$300, Per Analysts Last Wednesday, the Solana price witnessed a sharp uptick as it soared past the $200 mark for the first time in July. A look at the Solana price monthly chart on CoinMarketCap shows that the DeFi crypto has been on an uptrend. Sadly, the Solana price has not hit the mark again. On the positive side, technical indicators point to a potential rally. To begin with, the Average Directional Index (14) displays a buy signal, which justifies a powerful Solana price rally. Also, the RSI stands above the midline, which shows that buying momentum has not dropped. Per a CoinShares report, Solana investment products saw an inflow of $311 million last week. This massive accumulation could push the Solana price to retest the $200 mark. According to Rendoshi Ondomoto, Solana price could soon rally to $300. In another tweet, a crypto trader, Hardy, said the price of Solana has good upside potential. He said the SOL price could hit $250 in the next few weeks. Still, bulls need to defend the support at $175. A breach of this level might result in a downward spiral. Cardano (ADA) Crosses Key Level, $1 Ahead A crypto trader called Hardy believes the Cardano price is ready for another uptrend after a weekly close above $0.74. He started his tweet…
The post Solana and Cardano Investors Are Monitoring A New Project With $30M AUM appeared on BitcoinEthereumNews.com.
The Solana price is currently attempting to reclaim the $200 level after a recent pullback by profit takers. Analysts expect the altcoin to soar to $250 soon if successful. Meanwhile, Hardy forecasts the Cardano price may rally past $1 soon. In the meantime, Solana and Cardano investors have taken interest in a new DeFi project called Unilabs (UNIL). Many have tagged it the “Solana Slayer’ based on its AI-driven investment strategy and passive earning opportunities. Solana (SOL) Price May Soar To $250-$300, Per Analysts Last Wednesday, the Solana price witnessed a sharp uptick as it soared past the $200 mark for the first time in July. A look at the Solana price monthly chart on CoinMarketCap shows that the DeFi crypto has been on an uptrend. Sadly, the Solana price has not hit the mark again. On the positive side, technical indicators point to a potential rally. To begin with, the Average Directional Index (14) displays a buy signal, which justifies a powerful Solana price rally. Also, the RSI stands above the midline, which shows that buying momentum has not dropped. Per a CoinShares report, Solana investment products saw an inflow of $311 million last week. This massive accumulation could push the Solana price to retest the $200 mark. According to Rendoshi Ondomoto, Solana price could soon rally to $300. In another tweet, a crypto trader, Hardy, said the price of Solana has good upside potential. He said the SOL price could hit $250 in the next few weeks. Still, bulls need to defend the support at $175. A breach of this level might result in a downward spiral. Cardano (ADA) Crosses Key Level, $1 Ahead A crypto trader called Hardy believes the Cardano price is ready for another uptrend after a weekly close above $0.74. He started his tweet…
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