The price of Solana struggled to cross the $200 mark as the price started to fall in the current session. Solana prices plummeted after starting the year with a big improvement at over $220 levels. Even the SOL ETF approval frenzy failed to curb Solana’s price action as SOL struggled to maintain its momentum. Investors rushed to IntelMarkets as the platform offered a 19,300% return. INTL’s explosive potential has traders excited about its future path.
Solana Price to Initiate Deeper Correction Despite SOL ETF Buzz
Solana’s price is down 15% since Monday. That wiped out all the gains from the weekend’s rally. Solana prices returned to the same level as last Wednesday. To make matters worse, the token closed below its 50-day exponential moving average (EMA), despite all the hype surrounding the SOL ETF.
And it looks like Solana prices will be in the red for the third day in a row. This is something that hasn’t happened since late November. Things don’t get much better when looking at SOL’s statistics, as experts expect Solana prices to increase following the approval of the SOL ETF.
Spot trading volumes fell 28% during the recent economic downturn, while open interest in SOL derivatives also decreased. This decline suggests that traders may take a more cautious approach to purchasing Solana even after the SOL ETF is approved.
When taken together Technical weaknesses and reduced trading activity This points to increasing pessimism surrounding the network and native tokens. However, some traders believe that this decline is just a natural correction. After all, Solana price has started the year strong. It surged in the first week of January and surpassed the $220 level.
IntelMarkets (INTL): Best Altcoin in 2025?
Intel Market (INTL) Breaking new ground in the world of cryptocurrencies, INTL is an artificial intelligence-based hybrid trading platform that aims to transform the $36 billion global crypto trading market. IntelMarkets is one such integration. The most promising combination of AI with blockchain and DeFi promises unprecedented performance with the potential to be the best altcoin of the next generation of financial technology.
What’s special about IntelMarkets is its AI trading platform, where trading strategies are optimized through self-learning algorithms. This innovation offers another advantage to users. That is, they can leverage real-time market data to maximize returns. In addition, the dual-chain architecture works on both Ethereum and Solana, expanding compatibility and attractiveness across blockchain domains.
Price for Intel Market interesting With the token sitting at $0.08 in Stage 9 of the ICO, investors are looking for low-cost entry into what could be the next big thing in crypto. You can come in from the beginning. By setting prices at this initial stage
IntelMarkets has raised more than $6.5 million in funding and support from Fortune 500 investors. And it will move in the right direction when it catches the attention of the community. With its post-launch potential, IntelMarkets could surpass prominent altcoins such as Ripple and Cardano to exciting new extremes. Some experts are hailing INTL as the best altcoin of 2025.
Discover more about Intel Markets:
Pre-sale: https://intelmarkets.io/
Buy pre-sale: https://buy.intelmarkets.io/
telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to serve as legal, tax, investment, or financial advice.
Source link