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4 Solana Rivals to Buy Ahead of Bitcoin’s $100K

Published

4 months ago

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The cryptocurrency market is heating up as Bitcoin approaches the anticipated $100,000 milestone. Amid this excitement, the Solana rivals capture investor interest with their impressive performance and unique innovations. These altcoins are poised for significant growth, presenting opportunities for those looking to diversify their crypto portfolios.

Solana Rivals Dogecoin (DOGE)

Dogecoin (DOGE), a popular meme coin inspired by the Shiba Inu “doge” meme, recently experienced a notable price surge. The cryptocurrency’s value has risen 150% over the past month. At the time of writing, the DOGE price is trading at $0.138. Over the last year, Dogecoin has surged by an impressive 106%, signaling growing investor interest and its position as a Solana rival in the crypto space.

Whale transactions involving Dogecoin have also spiked, underscoring heightened activity from large holders. In late October, transactions exceeding $100,000 increased sharply, coinciding with DOGE’s climb. This trend highlights significant whale interest, potentially driving further market movements.

4 Solana Rivals to Buy Ahead of Bitcoin’s $100K4 Solana Rivals to Buy Ahead of Bitcoin’s $100K
Source- Santiment

Aureal One

Aureal One, a platform that blends blockchain with immersive metaverse experiences, has sparked immense interest with its presale launch. The platform integrates gaming, virtual reality, and real-life applications, creating a unique ecosystem powered by the Aureal One Blockchain. 

Flagship projects DarkLume and Clash of Tiles showcase its potential to deliver engaging experiences and growth opportunities in the expanding metaverse space.

AurealOneAurealOne
Aureal One

Toncoin (TON)

Toncoin (TON) is gaining traction with its advanced Layer-1 blockchain technology, delivering fast transactions and low fees. At the time of writing, the TON price is $6.83. The cryptocurrency has surged by 6% in the past 24 hours. 

Over the past year, TON has recorded an impressive 183% growth, sparking comparisons to Solana as a strong competitor for 2024, especially with Bitcoin’s potential approach to $100K. 

TON’s total value locked (TVL) has reached $390.12 million, reflecting growing investor interest. This rising TVL signifies increased asset holdings within the network, underscoring TON’s expanding role in decentralized finance (DeFi) and its promising growth potential.

4 Solana Rivals to Buy Ahead of Bitcoin’s $100K4 Solana Rivals to Buy Ahead of Bitcoin’s $100K
Source- DeFilLiama

Cardano (ADA)

Cardano (ADA), a prominent third-generation blockchain, is renowned for its energy-efficient proof-of-stake (PoS) protocol. Over the past year, the ADA price surged 118%, with a recent 4% gain, trading at $1.09, strengthening its competition with Solana.\

Approximately 83.23% of ADA tokens, equating to 29.9 billion, remain “In the Money,” indicating profit based on acquisition costs. Meanwhile, 5.19% of tokens, equivalent to 1.86 billion ADA, are “Out of the Money.” Lastly, 11.59%, or 4.16 billion ADA, sit “At the Money,” reflecting break-even conditions.

4 Solana Rivals to Buy Ahead of Bitcoin’s $100K4 Solana Rivals to Buy Ahead of Bitcoin’s $100K
Source- IntoTheBlock

Solana rivals are strengthening their foothold as Bitcoin’s surge drives crypto market optimism. Their scalability, innovation, and growth potential make them key contenders for investors seeking high returns in the evolving blockchain ecosystem.

Frequently Asked Questions (FAQs)

Solana rivals like Dogecoin, Toncoin, and Cardano are showcasing significant growth and innovations, making them attractive as Bitcoin nears $100K.

Dogecoin’s recent 150% price surge, increasing whale transactions, and growing adoption highlight its market potential.

Aureal One combines blockchain with metaverse experiences, offering gaming and virtual reality innovations that attract investors.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Cardano Price Can Clinch $1 As It Eyes Bounce From New Support Zone

Published

1 week ago

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April 4, 2025

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While predictions for Cardano to $1 may seem like a far cry, a cryptocurrency expert has injected new life into the claims. Cardano’s price is headed below 50 cents in search of a new support zone that can serve as a springboard to reach new highs.

Cardano Price Can Still Clinch $1 Despite Price Slump

Market technician Jonathan Carter in an analysis on X predicts that Cardano’s price can reclaim the $1 price point in the coming months. According to Carter, the recent ADA correction will not be a hindrance for Cardano’s price to reach $1.

ADA has lost a jarring 13% over the last week and trades at $0.64 in an unremarkable week for the cryptocurrency. On the daily charts, prices have generally moved sideways, underscoring a lack of investor enthusiasm.

For Carter, Cardano’s recent decline has seen it fail to stay above the $0.65 support level. The analyst opined that a downtrend is the offing for the Cardano price that could see a new support zone of $0.59. Carter says the new $0.59 support zone will hurl Cardano price to reach $1.

cardano headed toward new support levelcardano headed toward new support level

“Despite the long correction, the price still has a chance to bounce off this support and rise towards $1,” said Carter. “Otherwise, we will fall to the lower border of the broadening wedge.”

While some investors are eyeing an ADA bounce to $0.70, a plausible play will be a slump below $0.60 before the start of a rally.

A Slew Of Positives For ADA

Despite the pervading negative sentiment around ADA price, the cryptocurrency has a wave of positive fundamentals going for it. Cardano price spiked following Charles Hoskinson’s confirmation of Ripple’s RLUSD on ADA.

Furthermore, Charles Hoskinson reveals that Cardano will play a major role in Bitcoin decentralized finance (DeFi) application. In more positive technicals, Cardano price is forming a cyclical pattern from 2024 that can send prices to astronomical proportions in May.

While the prediction pegged prices at $2.5, optimists say ADA price to $10 is not a crazy hypothesis. The report cites present solid fundamentals and ADA’s over 1,000% spike to set its all-time high back in 2021 as pointers for the seismic rally to $10.

 

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Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Analyst Forecasts Cardano Price Could Hit $1.40 After Consolidation

Published

2 months ago

on

February 1, 2025

By


Cardano (ADA), a leading proof-of-stake cryptocurrency, has been undergoing a consolidation phase over the last two months. Market analysts are optimistic about ADA’s price potential, highlighting a possible 40% increase to $1.40 by March 2025. This prediction is based on the symmetrical triangle pattern on ADA price charts, suggesting a breakout and crypto rally.

Will Cardano Price Surge 40%? Analysts Predict $1.40 Price Target

Analyst Ali Martinez recently analyzed Cardano price movements and shared insights via social media platforms. According to Martinez, the formation of a symmetrical triangle on ADA’s four-hour chart could indicate a strong upward movement. This technical pattern and increasing investor interest suggest a bullish outlook for ADA.

Additionally, Cardano (ADA) has shown strong resilience in past market cycles, breaking through key resistance levels and achieving impressive price surges. Its previous rally beyond $2.77 reinforced optimism among traders and investors. Analysts now point to historical trends as a foundation for future price action, suggesting that ADA could replicate similar breakouts.

Analyst Javon Marks has supported the bullish predictions, recently highlighting key levels from previous cycles. Notably, $1.33 and $2.50 have been identified as crucial resistance zones that could dictate ADA’s next major move. If the price breaks above these levels with strong volume, it could pave the way for a run toward $5.2 and $7.8. 

Moreover, Cardano network has seen significant enhancements with the introduction of the Plomin hardfork. This upgrade is part of the ongoing efforts to achieve 100% decentralization and improve scalability. Such developments enhance the network’s functionality and boost investor confidence in ADA’s future.

Increased Investor Confidence

The open interest in ADA has witnessed a substantial increase, with $1.31 billion tied up in futures trading. This surge in open interest reflects growing investor confidence in Cardano. The heightened activity indicates that investors are optimistic about Cardano price trajectory heading into 2025, betting on its ability to surpass the $1 price mark amid crypto rally.

More so, a recent CoinGape report highlighted the Cup & Handle formation, pointing to a potential crypto rally. This bullish pattern suggests that Cardano price could break above key resistance levels, setting the stage for further gains. If the breakout is confirmed, analysts anticipate an initial surge to $1.30, with a possible extension toward $1.796.

At press time, ADA is trading at $0.9313, reflecting a 3% decline over the past 24 hours. The market cap has dropped to $32.76 billion, while trading volume sits at $571.8 million.

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Ronny Mugendi

Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Cardano

Cardano (ADA) Price Recovery to $1 Unlikely As Whales Retreat

Published

3 months ago

on

January 2, 2025

By


Cardano (ADA) price surged by 10% in 24 hours, showing signs of a potential bullish trend for 2025. The recovery follows late 2024 gains as broader crypto markets stabilize. However, reaching the $1 mark may face hurdles, with declining whale activity raising concerns. Bitcoin’s climb above $97,000 has boosted market sentiment, contributing to recovery. Cardano’s future momentum depends on growing investor confidence and reduced selling pressure from major holders.

Cardano Price Loses Momentum

The Cardano price has climbed above $0.90 after an 8.69% surge in the last 24 hours. The ADA price now trades at $0.957, marking a 5% daily increase. This growth aligns with a broader upward trend in the crypto market over the past week.

Cardano (ADA) has gained 10% over the last seven days, solidifying its position as the ninth-largest cryptocurrency by market cap. ADA is capturing investor attention ahead of the anticipated 2025 bull run.

Cardano (ADA) Price Recovery to $1 Unlikely As Whales RetreatCardano (ADA) Price Recovery to $1 Unlikely As Whales Retreat
Source: TradingView

ADA Holders Flee as Momentum Dissipates

ADA price retraced from its recent peak of $1.3264 as daily active addresses dropped to pre-pump levels seen before November 3. Despite only a 30% decline in price, the network has seen a sharp drop in investor engagement, highlighting a lack of sustained interest in the asset.

Network growth metrics, which spiked alongside the rally, have now slowed significantly. This suggests waning momentum and reduced confidence among ADA holders. The decline in daily active addresses signals that participation has weakened despite the asset’s relatively moderate pullback in price.

Cardano (ADA) Price Recovery to $1 Unlikely As Whales RetreatCardano (ADA) Price Recovery to $1 Unlikely As Whales Retreat
Source- Santiment

Whales Dump ADA as Momentum Fizzles Out

On December 11, the whale category holding 10 million to 100 million ADA possessed 12.15 billion ADA. Meanwhile, the whale group holding 1 million to 10 million ADA had 5.64 billion ADA.

This decline in holdings by significant ADA stakeholders signals bearish momentum for Cardano, as whale dumping often precedes price weakening.

Cardano (ADA) Price Recovery to $1 Unlikely As Whales RetreatCardano (ADA) Price Recovery to $1 Unlikely As Whales Retreat
Source-Santiment

Cardano Price Analysis & Targets

Cardano (ADA) price is gaining upward traction after consolidating near the $0.80 level. The cryptocurrency has moved towards $0.96, showing resilience despite a prolonged period of price stagnation.

The four-hour chart highlights clear resistance and support zones, offering critical insights into potential price movements. The immediate resistance stands at $1.00, which has historically served as a psychological barrier. Breaking above this level could pave the way for a test of $1.30. On the downside, the $0.80 zone acts as robust support, with $0.70 and $0.50 as secondary fallback levels.

The Relative Strength Index (RSI) has entered the overbought territory, currently hovering near 67. This suggests growing buying pressure, although the market might soon face a brief correction.

Cardano (ADA) Price Recovery to $1 Unlikely As Whales RetreatCardano (ADA) Price Recovery to $1 Unlikely As Whales Retreat
Cardano (ADA) Price Chart: TradingView

The Cardano price recovery shows promise, but declining whale activity raises challenges. Sustained investor confidence and renewed market participation will be crucial for ADA to break past the $1 resistance.

 

Frequently Asked Questions (FAQs)

$1 serves as a psychological and historical technical barrier for Cardano.

Declining whale activity signals bearish momentum and reduced investor confidence.

Key support levels include $0.80, with secondary levels at $0.70 and $0.50.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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