Can Solana Mirror Its 2021 Rally? IntelMarkets Tops Demand After AI Marketplace Breaks SOL Records
The post Can Solana Mirror Its 2021 Rally? IntelMarkets Tops Demand After AI Marketplace Breaks SOL Records appeared on BitcoinEthereumNews.com.
The crypto market has rebounded from recent lows, with many altcoins resuming their bullish trajectories. Analysts are forecasting significant price growth for several tokens, particularly Solana, which is showing historical bullish patterns reminiscent of its remarkable price rally in 2021. However, the AI marketplace IntelMarkets has recently eclipsed Solana’s records, capturing the spotlight and attracting investors’ attention with its potential for substantial price gains. Keep reading for more insights SOL Displays Historical Bullish Patterns, Experts Predict 2021-Like Rally In 2025 Despite the recent price dump, Solana’s trading charts are displaying historical bullish patterns which were last witnessed in 2021. During that time, these patterns saw the SOL price rise incredibly by 25,000% from $1 to its previous ATH of $260 from January to November. Solana’s whale activity has also surged, with the average balance in buying addresses increasing 86% from 383 SOL to 1,096 SOL, in three days. This uptick suggests that whales are strategically capitalising on the current dip, highlighting SOL’s long-term growth potential. In addition, technical indicators such as the RSI, the EMAs and SMAs back the historical patterns on the Solana chart, suggesting that SOL has the tendencies of mirroring its 2021 rally. Analysts anticipate that a significant SOL rally may occur by 2025. Experts Predict IntelMarkets Will Outperform Solana In 2025 As The AI Marketplace Breaks Records IntelMarkets is rapidly gaining attention as a leading AI marketplace, emerging as a formidable competitor to Solana and surpassing its growth achievements in record time. In less than six months, IntelMarkets has introduced innovative trading features that Solana struggles to match. As the first crypto trading platform to harness the strengths of both Ethereum and Solana on its AI-layered blockchain, IntelMarkets delivers faster transactions, lower costs, and exceptional scalability. It encompasses all of Solana’s capabilities while offering additional advantages. …
Filed under: News - @ December 21, 2024 1:16 am