The post Cardano 10x growth by q1 2025 unlikely, but this coin can achieve it; Solana prepares for token unlock appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With a bull run ahead, Cardano’s 10x gains by Q1 2025 seem unlikely, but IntelMarkets and Solana are gaining attention. With a bull run coming ahead, many investors are still asking if Cardano (ADA) will be the next to see 10x gains by Q1 2025. However, such a leap does not seem possible for ADA, according to the analysts.  However, the attention is slowly shifting to IntelMarkets, which is relatively new and can become the leading player in the crypto market that can achieve this high ROI. On the other hand, Solana (SOL) is set to experience one of the biggest token unlock events, and this can shape the market in the coming weeks. Solana set for $524K unlock, price drop coming? Solana, one of the top altcoins in the market, is expected to unlock 524,030 SOL tokens, equivalent to $78.57m, in the next week. The tokens to be unlocked are 0.11% of Solana’s circulating supply, according to Wu Blockchain.  The unlock is expected to happen between October 8th and October 14th.In the meantime, the Solana coin is under the bearish sentiment and might even go lower with the upcoming unlock.  According to data from TradingView, the Solana price has dropped below the 200-SMA at $146.73. The token is mirroring the price fluctuations in the broader cryptocurrency market. It has been consolidating between $120 and $160 in the past month. Looking ahead, the Solana token could rise to new highs in the coming months ahead. The expected launch of Solana ETFs and the bull run could be all the token needs to reach the March 2024 high of $209. Cardano 10x stronger than last cycle, says analyst  In a…

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Filed under: News - @ October 9, 2024 10:24 pm