5 Solana Rivals to Transform $100 to $1000 this September
The post 5 Solana Rivals to Transform $100 to $1000 this September appeared on BitcoinEthereumNews.com.
The Solana price recovery attempt faced overhead supply at the 200-day Exponential moving and plunged 1.3% to trade at $137 today. The price sustainability below this trend-defining indicator suggests that the bearish trend remains intact, which could benefit Solana rivals in gaining investors’ attention. According to CryptoRank data, Solana has seen an average return of 0.97% in September in the past five years. This modest growth suggests a neutral outlook for Solana, which could provide an advantage to its rivals such as: https://cryptorank-images.s3.eu-central-1.amazonaws.com/snapshots/5b3e6e350bc0238ddb83cb2d.png Toncoin (TON) Avalanche (AVAX) Kaspa (KAS) Hedera (HBAR) SUI Solana Monthly Returns | Cryptorank Toncoin (TON) TON, the cryptocurrency related to the messaging app Telegram, is regaining investors’ attention amid the increasing popularity of its tap-to-earn. The leading crypto exchange Binance recently announced Launchpool for two telegram games’ Hamster Kombat and Catizen. With these games attracting more users, TON could experience a notable increase in demand. Moreover, the Total volume locked in TON witnessed a notable spike from $317 Million to $405 Million— a 27% increase in a fortnight, according to DeFiLlama. This growth highlights increasing investor confidence in the Toncoin ecosystem and suggests heightened adoption of TON’s DeFi applications. Avalanche (AVAX) The Avalanche price prediction showed a bullish reversal from $20.48 to $25.35— a 23.7% rise within two weeks. This upswing marks a new higher low formation in the daily chart, indicating an initial change in market sentiment from selling on rallies to buying on dips. Moreover, the total addresses with AVAX balance have seen a steep growth since August 2021, reaching a peak of 8.85 Million, accentuating the growing user base and adoption. Addresses with AVAX | Intotheblock Kaspa (KAS) Among the Solana Rivals, the Kaspa coin has shown a high momentum reversal from combined support of a 200-day Exponential moving average and an ascending…
Filed under: News - @ September 14, 2024 5:16 pm