Solana ( SOL ) has recently hit a new record high, driven by massive interest in meme coins launched on the network by President Donald Trump and his wife, Melania. Notably, Solana has emerged as the indirect beneficiary of the TRUMP and MELANIA coins, resulting in the decentralized finance ( DeFi ) asset rallying to a new all-time high of about $295. This momentum was amplified by surging trading volumes for SOL as the network’s decentralized exchange ( DEX ) hit a record high of $27 billion. The popularity of the TRUMP and MELANIA meme coins played a key role in driving this growth, as investors first needed to acquire SOL to purchase these tokens. This surge occurred before the meme coins were listed on major exchanges. The coins’ sudden rise triggered fear of missing out ( FOMO ) among retail investors , as some early holders recorded massive profits in a matter of hours. With Solana having neared the $300 mark, the next few days remain crucial, considering the bullish sentiment likely to engulf the market as Trump prepares for his swearing-in. AI predicts SOL’s price To determine how Solana might perform in the short term between January 20 and February 4, Finbold utilized its artificial intelligence (AI) prediction tool, which offered varied insights from multiple models. Finbold SOL price prediction. Source: Finbold The AI tool offered varied price projections for the period, suggesting that the cryptocurrency could trade between $175.30 and $260, with an average projected price of $218.83, reflecting a 12% potential drop from the current trading valuation. One model, OpenAI’s GPT-4o , suggested that Solana could reach $260, attributing this to the emergence of a golden cross pattern and strong upward momentum underpinned by positive market sentiment. Conversely, GPT-4o Mini predicted a drop to $175.30, cautioning against potential volatility despite the bullish indicators. The model noted that short-term momentum could weaken, presenting a more cautious outlook. Meanwhile, Claude 3 Opus forecasted a price of $230, driven by strong technical momentum and alignment between key moving averages. Another analysis from Grok 2 Vision projected stabilization around $220, suggesting a consolidation phase as the market digests recent volatility, citing steady market conditions and the absence of disruptive news. Solana price analysis At press time, Solana was trading at $250.25, marking a 5% drop on the weekly chart. However, the asset has surged by more than 40% over the past week. SOL seven-day price chart. Source: Finbold Despite the recent pullback, Solana’s bullish sentiment remains intact, as reflected in the Fear & Greed Index, which currently sits at 76, indicating Extreme Greed. From a technical perspective, Solana’s outlook remains strong. The 50-day simple moving average ( SMA ) is currently at $211.28, while the 200-day SMA stands at $174.99, confirming the possible continuation of an uptrend. However, with the Relative Strength Index ( RSI ) at 69.28, momentum is approaching overbought levels, suggesting a potential short-term consolidation or price correction. Looking further ahead, longer-term technical patterns indicate that Solana could target an ambitious high of approximately $4,700. Featured image via Shutterstock The post AI predicts Solana’s price for February 1, 2025 appeared first on Finbold .
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Remittix Price Prediction: Could RTX Overtake Cardano (ADA) and Toncoin (TON) by 2025?
Could Remittix (RTX) be the dark horse that outpaces giants like Cardano (ADA) and Toncoin (TON) by 2025? With its groundbreaking innovations and rising adoption, the answer might just surprise you. Come and see it all unfold. Cardano: What Lies Ahead? One of the most thrilling cryptocurrencies on the scene is Cardano (ADA). Currently priced at $1.07, ADA has demonstrated a remarkable surge amid the present crypto market uptrend. With a weekly increase of 12.7%, ADA showcases its resilience, managing to bounce back despite a slight 5% dip the previous day. Experts predict ADA might hit significant milestones from 2025 to 2030. Projections suggest its price could range from $1.47 in 2026 to as high as $7.45 by 2029, potentially offering a return on investment of up to 354.86% by 2030. This growth is expected to be fueled by increased adoption, market evolution, and strong investor confidence. Cardano`s community is optimistic about its prospects as the platform continues to emphasize innovation and deliver practical solutions. ADA has a history of strong performance during market demonstrations, and many believe it will maintain price stability as its value grows. As the cryptocurrency landscape evolves, Cardano is set to be a key player. Whether you`re seasoned in crypto or just starting out, ADA is a currency to keep a close watch on for potential gains in the coming years. Could Toncoin (TON) Reach $10 by 2025? Toncoin (TON) is catching the spotlight as it hints at a strong resurgence. After dipping to a crucial support level of $4.8, TON is forming a positive trajectory that could lead to a price surge. The weekly charts highlight a symmetrical declining triangle, signaling potential for future growth. Additionally, the Relative Strength Index (RSI) hovering near 50% suggests further strength. One reason behind TON`s potential rise in 2025 is its integration with Telegram. Embedded within Telegram`s mini apps, the TON blockchain becomes an essential part of their ecosystem. This allows millions of Telegram users easy access to TON, boosting its adoption. The TON project`s stablecoins have already surpassed $1 billion, showcasing strong investor confidence. With about $247 million locked in its DeFi projects, TON is building a formidable web 3 ecosystem. This progress lays the foundation for its price to climb. Many anticipate that if these trends persist, TON could hit $10 by 2025. With its growing use cases, vibrant community, and solid technical performance, TON is a cryptocurrency to watch for future potential. Remittix: The Future of Cryptocurrency Transactions Remittix is swiftly emerging as a leading player in the crypto sector, thanks to its groundbreaking PayFi strategy, which merges blockchain with conventional banking. In just three weeks, its presale token amassed over $3.7 million, driving the price from $0.0199 to $0.0221. Analysts foresee Remittix as one of the top coins to purchase now, given its aim to tackle real-world financial issues. Unlike meme coins or purely speculative cryptocurrencies, Remittix is crafted for everyday use. Its platform facilitates instant crypto-to-fiat settlements without hidden fees, making it ideal for businesses, freelancers, and anyone handling international transactions. Additionally, its Pay API enables merchants to accept crypto payments seamlessly, converting them to fiat within 24 hours. This unique capability positions Remittix as one of the best coins to invest in today for both businesses and individuals. The presale token`s growth potential has captured significant attention, with many investors believing that Remittix could hit $1 if its adoption continues to climb. Its commitment to transparency, simplicity, and cost-effectiveness sets it apart from competitors. Remittix brands itself as a revolutionary force in cross-border payments, offering zero hidden charges and ultra-fast transaction speeds. For those looking for the top coins to buy now, Remittix provides a promising blend of innovation and practicality. It`s no wonder experts are naming it the best coin to invest in today. Remittix is leading the market for both individuals and enterprises, offering a seamless approach to navigating the evolving world of crypto payments. Explore the Future of PayFi with Remittix: Check Out Their Presale Website: https://remittix.io/ Socials : https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. Finbold
Mark Cuban Questions Future of Crypto Legitimacy Following Launch of Trump’s Meme Coin
Mark Cuban warns that the recent launch of Donald Trump’s meme coin may hinder the cryptocurrency sector’s efforts to attain legitimacy. Cuban’s critique echoes a growing concern among crypto enthusiasts Finbold