The post Solana and Rollblock eye massive rallies targeting new highs 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. Fed’s rate cut sparks bullish hopes; Solana’s predictions rise while Avalanche struggles. Meanwhile, Rollblock surges 170% with utility token. Now the Fed has pivoted and started the drop in interest rates, bullish times are expected yet again. The news was bullish for most of crypto, and end-of-year Solana price predictions (see below) are looking far more likely now. Avalanche has been bearish for a while, however, and although it rallied on the news, the long-term trend isn’t looking good. Not so for the novel presale token Rollblock, as its online casino token continues to sell out quickly. With the price up 170% already, offering a token with actual utility and a way to generate cash flow has analysts predicting a strong contribution to a bullish year-end. Solana price prediction: Can it get anywhere near 15x gains? Solana has been the best-performing big-cap crypto since 2022, with SOL up over 15x from its lows. Much of this comes down to the developer activity on the Solana network as it steadily competes with Ethereum on all fronts. After news of Fed rate cuts starting yesterday, the bull market is pretty much all but confirmed, and it should be bullish for Solana. In fact, the price is up 12% since the news broke, and if it continues, expert end-of-year Solana price prediction is at $300. Can Avalanche ever regain its ATH? Avalanche has been on a steady downward trajectory since its yearly highs in March. Down over 50% since then, even more disturbing for investors is that the current price is -80% from Avalanche’s ATH. While the bull markets should see AVAX pump, it will take some real developer activity on the…

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Filed under: News - @ September 22, 2024 5:19 pm