Ethereum

bullish

Future

Solana

<p>Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.</p>
<p class="is-style-lead">Solana whales invest in a new altcoin that implements AI to transform the crypto trading space, while the amount of staked Ethereum sees a 5.1% rise.</p>
<div class="wp-block-rank-math-toc-block" id="rank-math-toc">
 <h2 id="table-of-contents">Table of Contents</h2>
 <nav>
  <ul>
   <li><a href="#solana-reaches-new-milestone" rel="noopener noreferrer nofollow">Solana reaches new milestone</a></li>
   <li><a href="#ethereum-investors-bullish-as-eth-staked-soars-5-1" rel="noopener noreferrer nofollow">Ethereum: Investors bullish as ETH staked soars 5.1%</a></li>
   <li><a href="#intel-markets-defies-market-trend-set-for-10-x-gains" rel="noopener noreferrer nofollow">Intel Markets defies market trend, set for 10x gains</a></li>
   <li><a href="#conclusion" rel="noopener noreferrer nofollow">Conclusion</a></li>
  </ul>
 </nav>
</div>
<p>In the past few weeks, Solana (SOL) whales have been investing in an AI altcoin, <a href="https://intelmarketspresale.com?utm_source=analyticsinisght&amp;utm_medium=mik&amp;utm_campaign=01" target="_blank" rel="noopener noreferrer nofollow">Intel Markets</a>. The project, which implements the next-gen Rodeum AI to create a trading platform designed to transform how we trade, has raised over $1 million in presale.</p>
<p>Experts say its altcoin, INTL, could lead the next bull run. Meanwhile, there has been a rise in the number of staked Ethereum (ETH), signaling a rise in holding among investors.</p>
<h2 class="wp-block-heading" id="solana-reaches-new-milestone">Solana reaches new milestone</h2>
<p>According to a <a href="https://x.com/SolanaFloor/status/1843693861530751058" target="_blank" rel="noopener noreferrer nofollow">recent report</a> by Solana Floor, the number of monthly active addresses on the Solana network has reached a new all-time high, surpassing 100 million. This shows that activity on the blockchain has increased in the past month thanks to the influx of meme coin projects.</p>
<p>However, the case is not the same for <a href="https://crypto.news/price/solana/" target="_blank" rel="noopener noreferrer nofollow">the Solana coin</a> which is currently trading between the 50-SMA ($142.43) and 200-SMA ($146.70). Solana has been trading below the $200 mark for more than one month, while other tokens are rising to new highs.</p>
<p>Presently, most of its <a href="https://www.tradingview.com/symbols/SOLUSD/technicals/" target="_blank" rel="noopener noreferrer nofollow">technical indicators</a> are bearish. The VWMA (10), for instance, is showing a sell signal. The 14-day RSI is also below the 50 level, a sign bears are in control. Still, <a href="https://coincodex.com/crypto/solana/price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Coincodex forecasts</a> the Solana price could soar to $162.49 in the coming weeks.</p>
<p>You might also like: <a rel="noopener noreferrer nofollow" href="https://crypto.news/experts-go-all-in-on-intel-markets-instead-of-overpriced-eth-and-sol/"> Experts go all in on Intel Markets instead of overpriced ETH and SOL </a></p>
<h2 class="wp-block-heading" id="ethereum-investors-bullish-as-eth-staked-soars-5-1">Ethereum: Investors bullish as ETH staked soars 5.1%</h2>
<p>According to the on-chain data provider, IntoTheBlock, 28.9% of <a href="https://crypto.news/price/ethereum/" target="_blank" rel="noopener noreferrer nofollow">Ethereum</a> had been staked. The platform also revealed that the Ethereum staking percentage was 23.8% in January, which implied a rise of 5.1% within the last ten months.</p>
<p>IntoTheBlock also shared that 15.3% of the staked ETHs had been staked for three years or longer. The data provider said this is a strong signal of “long-term confidence” in the future of the Ethereum coin.</p>
<p>Despite ETH’s resilience in the first half of 2024, the Ethereum token is struggling in October. One of the reasons that have been put forward for the recent decline is selling pressure from initial coin offering participants.&nbsp;</p>
<p>Currently, the sentiment around the Ethereum crypto is bearish based on the low <a href="https://www.tradingview.com/symbols/ETHUSD/technicals/" target="_blank" rel="noopener noreferrer nofollow">14-day RSI</a>. Still, analysts forecast a rally to the 200-SMA at $ 3,080.49. However, things could change for Ethereum if it crosses this key resistance level.</p>
<h2 class="wp-block-heading" id="intel-markets-defies-market-trend-set-for-10-x-gains">Intel Markets defies market trend, set for 10x gains</h2>
<p><a href="https://intelmarketspresale.com?utm_source=analyticsinisght&amp;utm_medium=mik&amp;utm_campaign=01" target="_blank" rel="noopener noreferrer nofollow">Intel Markets (INTL)</a> has gained more attention from investors compared to Ethereum and Solana, which have been printing losses. The project has given early investors 200% ROI and has raised $1 million in funding. Currently, the INTL token is trading at $0.027364. Analysts have predicted a price rally of 10x in the coming months.</p>
<p>The crypto trading platform market is expected to reach $135.7 billion by 2032, according to <a href="https://www.futuremarketinsights.com/reports/crypto-trading-platforms-market" target="_blank" rel="noopener noreferrer nofollow">Future Market Insights</a>. Industry insiders are pinning their hopes on Intel Markets to revolutionize the sector. Intel Markets, an AI-based trading platform, has employed some of the best brains from Google and OpenAI, Goldman Sachs, and Renaissance Technologies.</p>
<p>This trading platform is smart and provides traders access to advanced trading tools that are not available with traditional exchanges. There is also the Intelli-M Multi-channel tool, which is capable of processing information from one thousand technology sources and giving very accurate signals.</p>
<p>Self-learning trading robots with Rodeum AI will also be available at Intel Markets. In the process, the bots can improve their performance by learning from the trader’s failures and copying good strategies.</p>
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2>
<p>While the increase in staked Ethereum indicates confidence, Intel Markets is a better token to watch. Analysts forecast that Intel Markets will become one of the best DeFi projects in the future. They believe the ongoing presale is a good chance to get the token at a low price.</p>
<p>To learn more about Intel Markets, visit the&nbsp;<a href="https://intelmarketspresale.com/?utm_source=cryptonews&amp;utm_medium=ifya&amp;utm_campaign=01" target="_blank" rel="noopener noreferrer nofollow">presale website</a>,&nbsp;<a href="https://intelmarketspresale.com/?utm_source=cryptonews&amp;utm_medium=ifya&amp;utm_campaign=01" target="_blank" rel="noopener noreferrer nofollow">the official website</a>, and&nbsp;<a href="https://t.me/IntelMarketsOfficial" target="_blank" rel="noopener noreferrer nofollow">Telegram.</a></p>
<p>Read more: <a rel="noopener noreferrer nofollow" href="https://crypto.news/intel-markets-presale-leads-the-way-this-uptober-while-sol-and-eth-follow/"> Intel Markets presale leads the way this Uptober while SOL and ETH follow </a></p>
<p>Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.</p>

Solana whales favor new AI altcoin; Staked Ethereum rises by 5.1%

Table of Contents

crypto.news

Other articles published on Oct 10, 2024

Crypto trader uses 11 hidden wallets to conceal $24M in meme coins while promoting them

Why Shiba Inu Coin and Dogecoin Price Falling Today?

Crypto Whale Transfers $134 Million Worth of EigenLayer Coins

Ethereum Investors Brace for Impact as Key $2,250 Support Level Comes Under Threat.

Floki's Valhalla Partners with Esports Giant Alliance

Upbit’s Market Power in South Korea Attracts Regulatory Flak

Join our free newsletter for daily crypto updates!