The post Crypto News Today: Analysts Predict Ethereum Price And Solana Price To Take Off In Q4, Investors Also Accumulating New Trending ERC-20 Token Before Price Increase appeared on BitcoinEthereumNews.com.

In every bull rally, there’s a point at which Bitcoin peaks and Ethereum becomes the trendsetter, ushering in the altcoin season. Analysts believe that this point is almost here, and as BTC hits $100,000, it could be Ethereum’s turn to set new highs. Meanwhile, savvy traders are investing in Ethereum’s main rival, Solana, and Yeti Ouro, a new utility project whose presale has attracted quite a buzz in the crypto sector. Ethereum And Solana To Take Off Before Year-End Analysts have identified Ethereum and Solana as the two coins to watch before the year ends. However, the two have fared quite differently in this bull market.  Ethereum has failed to impress, despite the rest of the market surging and some major coins, like Solana and Bitcoin, setting new all-time highs in the past two weeks. Month-to-date, Ether has only gained around 30%, bringing its gains this year to 50%. While this has been enough to solidify its position as the largest altcoin with a $410 billion market cap, it hasn’t excited investors like many of its peers. However, analysts expect Ether to wake up from its slumber and surge toward the end of the year. Experts from global banking Standard Chartered predicted that ETH would hit $10,000, aided by the ‘Republican sweep’ in the recent elections, helping catapult the overall market cap of crypto to $10 trillion in the medium term.  Solana, on the other hand, is enjoying its best run of form since 2021. Last week, it hit a new all-time high of $263.5, taking its market cap past $125 billion and making it more valuable than Starbucks, Nike and Sony.  Solana’s fundamental metrics have all been surging, supporting analysts’ theories that it could sustain its growth in the long term. Its trading volume has been hitting $10 billion…

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Filed under: News - @ November 27, 2024 6:28 pm