A closely followed crypto strategist and trader thinks one Ethereum ( ETH ) competitor is gearing up for a breakout. Pseudonymous analyst Inmortal tells his 223,100 followers on the social media platform X that Solana ( SOL ) may be forming a bullish pattern on the daily chart and could surge more than 18% from its current value. “If you ask me, SOL is starting to look good again. Only thing we need now is a higher high [price] to confirm a break in MS (market structure.)” Source: Inmortal/X Looking at his chart, the trader suggests SOL will surge to $240 and retrace to around $210 before resuming its uptrend to around its all-time high of $263. Solana is trading for $219 at time of writing, up 4.7% in the last 24 hours. Next up, the trader weighs in on Bitcoin after BTC reclaimed the $100,000 range this week, following a correction to $89,000 on Monday. “Are you telling me it was as easy as just wait?” Source: Inmortal/X Looking at his chart, the trader suggests Bitcoin may correct down to as low as $95,000 later this month on the eight-hour chart before surging to as high as $127,000 in February. Bitcoin is trading for $104,569 at time of writing, up 5% in the last 24 hours. Lastly, the analyst says that the Bitcoin layer-2 project Stacks ( STX ) may have just witnessed a swing failure pattern (SFP) after bouncing from $1.40 on the daily chart. SFPs are often looked for by traders as potential reversal points. “You don’t need to be a genius to realize STX chart looks bottomed. SFP + demand tested + [inverse head and shoulders pattern]. Could take some time but it’s a high probability setup for me.” Source: Inmortal/X Looking at his chart, he suggests STX may surge to about $2.80. STX is trading for $1.68 at time of writing, up 7.9% in the last 24 hours. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Analyst Says Top Ethereum Rival Is Starting To ‘Look Good Again,’ Outlines Path Forward for Bitcoin and Stacks appeared first on The Daily Hodl .
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Here’s what whale’s $2.1M investment means for PEPE’s price action
Whale activity and technical patterns pointed to a cautious, but promising outlook for PEPE. The Daily Hodl
Solana Price Hits $200, Arbitrum Gains Traction, but Web3Bay’s $0.00456 Token Could Be 2025’s Biggest Winner
The crypto market is buzzing with activity as Solana price surges past $200, signaling renewed investor confidence. Meanwhile, Arbitrum price shows modest gains, reflecting its steady role in Ethereum scaling. However, a lesser-known contender, Web3Bay (3BAY), is quietly stealing the spotlight with a practical approach that transcends speculation. While Solana benefits from ETF optimism and Arbitrum refines layer-2 scaling, Web3Bay focuses on reshaping e-commerce with blockchain-powered solutions. In a market crowded with speculative tokens, Web3Bay(3BAY) delivers a tangible use case: transforming global e-commerce. It’s not just another blockchain project; it’s a solution for businesses and consumers alike, bridging traditional finance and cryptocurrency. Investors searching for meaningful growth opportunities in 2025 might find Web3Bay more compelling than both Solana and Arbitrum. Web3Bay: Transforming E-Commerce with Blockchain Web3Bay is making headlines as the next big disruptor in the e-commerce industry. By integrating blockchain technology into its core operations, Web3Bay is eliminating the inefficiencies of traditional platforms, including high fees and lack of transparency. Instead, it offers users a decentralized, secure, and cost-effective way to engage in online shopping. Central to its ecosystem is the 3BAY token, which enables crypto payments and grants users perks like a 5% discount on purchases and community-driven governance. The presale for Web3Bay has already garnered immense attention, raising over $830,000 and selling more than 220 million tokens. Currently priced at just $0.0045626, the token’s affordability and projected launch price of $0.1959 make it a lucrative opportunity for early investors. With plans to expand into decentralized storage, multi-chain compatibility, and Layer-2 scaling for fast transactions, Web3Bay is well on its way to reshaping global commerce. As Web3Bay expands and adoption increases, the demand for 3BAY is set to skyrocket. By acting now, investors can lock in tokens at their lowest price, well ahead of the next price jump and the growing attention of the broader market. Solana Price Crosses $200 Mark Again As of January 17, 2025, Solana (SOL) is trading at $213.40, reflecting a 5.10% increase from the previous close. The intraday high reached $216.36, with a low of $198.74. The Solana price has been positively influenced by the anticipation of regulatory approval for Solana-based exchange-traded funds (ETFs). Industry experts suggest that the pro-crypto stance of the current U.S. administration may facilitate the approval of these ETFs, potentially attracting significant institutional investments. Analysts project that, upon approval, Solana ETFs could draw substantial investments, further boosting the Solana price.This development underscores the growing confidence in Solana’s ecosystem and its potential for mainstream adoption. Arbitrum Price Sees Modest Uptick Amid Market Fluctuations Arbitrum, an Ethereum layer-two scaling solution, utilizes optimistic rollups to enhance transaction speed and reduce costs. Arbitrum’s native token, ARB, is trading at approximately $0.7820, reflecting a 1.31% increase from the previous close. The token’s intraday performance has seen highs of $0.7871 and lows of $0.7499, indicating moderate volatility. Over the past week, ARB has experienced a 9.32% decline, aligning with broader market trends. Despite this downturn, the 24-hour trading volume has reached $235.32 million, suggesting sustained investor interest. The current market capitalization stands at approximately $3.11 billion, with a circulating supply of 4.21 billion ARB tokens. Takeaway While Solana price climbs on ETF optimism and Arbitrum price steadies amid market fluctuations, Web3Bay (3BAY) is building a foundation for lasting impact. Solana benefits from its thriving ecosystem, and Arbitrum enhances Ethereum’s scalability, but Web3Bay addresses everyday challenges in global commerce—fees, speed, and transparency. This focus on utility positions Web3Bay as more than just an investment; it’s a bridge between blockchain and real-world applications. The platform’s presale performance speaks volumes, with $830,000 raised , over 220 million tokens sold , and an attractive price of $0.004562625 . A projected launch price of $0.1959 signals significant upside for early investors. Features like NFT integration, decentralized governance, and seamless multi-chain functionality make Web3Bay a standout. Join Web3Bay Presale Now: Presale: https://web3bay.io/buy Website: https://web3bay.io/ Twitter: https://x.com/web3bayofficial Instagram: https://www.instagram.com/web3bayofficial/ The post Solana Price Hits $200, Arbitrum Gains Traction, but Web3Bay’s $0.00456 Token Could Be 2025’s Biggest Winner appeared first on TheCoinrise.com . The Daily Hodl