The post Cardano and Solana stall as users eye Intel Markets’ trading platform 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. Intel Markets is drawing in Solana and Cardano users with its smart and unique trading platform. Despite the rise in whale activity and staking, the price movement of the Solana coin has stalled, failing to break above the $160 resistance. Also, Charles Hoskinson believes Cardano is the most secure blockchain. Meanwhile, Intel Markets, a new trading protocol, has captivated the attention of Solana and Cardano investors. Analysts say the value of Intel Markets will rise by 10x in the coming months. Whale buys $4.56 million in Solana and stakes it The crypto market has been on a rollercoaster in the past few weeks. While some coins like SOL are showing gains, others are showing losses. According to data from Lookonchain, a whale purchased 28,717 SOL ($4.56m) from Binance recently. After the purchase, the whale staked everything. This move shows the whale is bullish on Solana coin. They believe the price of Solana tokens could pump in the coming weeks. At the moment, the cryptocurrency has a gain of 8.9% on the weekly chart. Its market cap is oscillating between $50 billion and $90 billion. Although there is a loss on the monthly level, market experts say the Solana price could skyrocket in the coming weeks if it crosses the $160 resistance. Coincodex predicts a potential rise to $ 181.40 as long as Solana remains above the 50-day SMA ($155.57). Cardano is the most secure blockchain, says Hoskinson While speaking at an opening keynote on Rare Evo 2024, the founder of Cardano, Charles Hoskinson, talked about ADA and Hydra. The crypto enthusiast said the Cardano network is the most secure blockchain. According to him, Cardano can never go down because it…

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Filed under: News - @ August 28, 2024 1:22 pm