TL;DR Cardano’s strong community, potential partnerships, and ecosystem upgrades could boost its market performance against Solana. Analysts forecast significant gains for ADA, with some seeing a potential rally like the one experienced by Ripple’s XRP. Analyzing the Chances The cryptocurrency market has pumped impressively in the past few days, with Cardano (ADA) and Solana (SOL) being some of the best performers. While both assets are currently among the top 10 biggest digital assets in terms of market capitalization, SOL has a serious lead over its rival. We decided to ask ChatGPT whether ADA can erase that gap and surpass its competitor during this bull run cycle. For starters, we have to mention that the two cryptocurrencies have charted similar gains in the last week, meaning that their progress is currently going hand in hand. Yet, SOL broke above during the TRUMP craze and marked a new all-time high of over $290. However, the AI-powered chatbot estimated that several factors could help ADA outperform SOL. First, it mentioned the strong community base behind Cardano, “which helps sustain interest and development activity.” Second, ChatGPT claimed that ADA could experience a solid rally if the entity behind it inks important collaborations in the following months. As CryptoPotato recently reported , there have been increased rumors of an upcoming partnership between Ripple and Cardano. Additionally, Charles Hoskinson (Cardano’s founder) revealed his intentions to work alongside Trump’s administration to create a comprehensive and possibly more favorable regulatory environment for the crypto industry. Lastly, ChatGPT reminded that Cardano’s ecosystem is set to undergo some serious developments this year and that potential progress might positively affect the market performance of its native token. Some of the improvements involve the Hydra scaling solution. To explore other planned upgrades, please check out our detailed video below: ADA Price Forecasts Multiple market observers think Cardano’s coin might pump substantially in the foreseeable future. X user CryptoBullet assumed that ADA could mimic XRP’s impressive spike. Recall that the price of Ripple’s native token recently skyrocketed to almost $3.40, standing just 1% away from its ATH registered seven years ago. Its weekly increase equals over 40%. Whale Insider and Tom Crown also gave their two cents . The former predicted a rise to $2, while the latter thinks ADA “i s about to pump its brains out.” The post Can Cardano (ADA) Flip Solana (SOL) This Cycle? (ChatGPT Analyzes) appeared first on CryptoPotato .
Crypto Potato
You can visit the page to read the article.
Source: Crypto Potato
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.
Solana Price Is Breaking Out Of This Bullish Pattern — SOL To $4,700?
The Solana price has been in red-hot form over the past week, making a play for a new all-time high this weekend. United States President-elect Donald Trump successfully launched the Official Trump (TRUMP) meme coin on the Solana network, triggering the latest bullish momentum for the SOL token. This recent burst of positivity has now pushed Solana into an exciting price setup, which could see its value skyrocket over the next few months. According to a popular crypto analyst on social media platform X, the Solano price could be on its way to $4,700. Is SOL Price Gearing For A Parabolic Move? Prominent crypto pundit Ali Martinez took to the X platform to share an interesting update on the Solana price setup. According to the crypto trader, the price of SOL has just broken out of a bullish pattern, setting the stage for a parabolic move. Related Reading: Bitcoin Price Forecast Of $150,000 ‘Too Low’ Amid Rising Adoption, Crypto Trader Says This bullish pattern is a cup and handle formation on the Solana monthly chart. As the name suggests, a cup and handle pattern is a technical analysis formation that looks like a cup with a handle. The cup typically is formed like the letter “u” while the handle is tilted a little downward. The cup and handle pattern serves as a bullish indicator, suggesting that an upward trend is going to continue. To validate the bullish setup, though, the cryptocurrency’s price needs to close above the upper boundary of the handle. As seen in the highlighted chart, the Solana price appears to have successfully breached the handle’s upper trendline around the $220 mark. A price target is calculated by measuring the length from the right cup lip (breakout point) to the cup’s bottom and adding it to the breakout level. According to Martinez, SOL could travel as high as $4,700 if the altcoin’s price holds above the upper trendline. This potential move would represent a whopping 2,000% rally for Solana from its current price point. Solana Price At A Glance As of this writing, the price of SOL stands at around $262, reflecting a nearly 20% rally in the past 24 hours. Unsurprisingly, this price upswing has also impacted the coin’s action on broader timeframes, making it one of the best-performing large-cap assets in the past week. Related Reading: Crypto Analyst Sets $7,000 Target For Ethereum Price — Here’s How According to data from CoinGecko, the value of the Solana token has climbed by almost 40% in the last seven days. With a market cap of roughly $128 billion, SOL ranks as the fifth-largest cryptocurrency in the digital asset sector. Featured image from Dreamstime/Aivaras Sakurovas, chart from TradingView Crypto Potato
These 4 Altcoins Could Turn $100 Into $10,000
It’s safe to say that the crypto market has likely never been this hot, with Donald Trump set to sign an executive order making cryptocurrency a US national priority and encouraging and guiding government agencies to collaborate with the industry. Additional proof of Trump’s unprecedented positive impact on crypto is the fact that around 46% of capital invested by crypto VC funds in Q4 2024 was poured into startups in the United States. So, institutional investors have shown their hand; they’re betting on the US’s upcoming administerial changes and pro-crypto stance to catapult the industry to new heights. The best thing retail investors can do now is to follow the footprints of smart money, and one of the best ways to do so is to invest in high-potential altcoins like the ones we’ve handpicked for you in this article. 1. Wall Street Pepe ($WEPE) – Overall Best Altcoin for First-Time Investors From AI models predicting it to be the next multi-bagger to its presale breaking one record after another (over $50M raised so far), there’s little debate that Wall Street Pepe ($WEPE) is one of the hottest cryptocurrency presales right now. Its one-of-a-kind mission to level the playing field for small crypto investors has been the biggest reason for its popularity. As a $WEPE token holder, you’ll get access to trading strategies, market insights, and alpha trading calls, as well as a vibrant community of like-minded retail investors. Through collaborative effort and a unique assortment of tools, Wall Street Pepe plans to eliminate the unfair dominance of crypto whales, who have been feasting on retail money thus far. With less than a month to go until the presale’s close, the current price of $0.0003665 per $WEPE token offers unbeatable value for money, especially considering that it’s being touted as the next 100x meme coin. If this is your first time investing in a crypto presale, check out our guide on how to buy $WEPE . 2. Solaxy ($SOLX) – Solana’s First-Ever Layer-2 Solution Solaxy ($SOLX) is Solana’s potential life-saver and biggest catalyst, seeing as it promises to remove the network’s biggest issues, namely congestion, failed transactions, and scalability. As a multi-chain token, Solaxy combines the best of both worlds: Ethereum’s infrastructure and liquidity and Solana’s low fees and speed. Solaxy’s Layer-2 solution for Solana is also turning heads because of its massive 308% staking rewards. Moreover, since the token offers serious utility, its price is expected to not only be stable but also increase after listing. With Solana expected to surge by more than 3,000% by 2030, Solaxy offers an almost unprecedented opportunity to ride the momentum. Each $SOLX token is currently available for $0.001606, with its presale having already raised over $11.5M so far. Prices increase in the next couple of days, so hurry up! 3. Mind of Pepe ($MIND) – Real-Time Crypto Investment Advice with Hive-Mind Analysis Simply put, MIND of Pepe ($MIND) is a sentient AI agent that combs through all the chatter around cryptocurrencies on platforms like X.com and then analyzes that to compile robust crypto investment advice for its token holders. Artificial Intelligence has been all the rage in the past few years, so there should be little surprise that a cutting-edge, new-gen, AI-based crypto token is one of the best meme coins to invest in in 2025 . Interestingly, MIND of Pepe is not too dissimilar from its Pepe brethren, Wall Street Pepe. Both of them seek to offer their token holders (retail traders) insider knowledge to give them the opportunity to flip the script on institutional players and generate handsome profits. $MIND’s presale has been a blockbuster hit from the very beginning. It raised over $1M within just 24 hours since its launch. You can grab 1 $MIND for just $0.0031509 right now, but with the price set to increase in the next 12 hours, interested investors should get in quickly. 4. XRP ($XRP) – Listed Meme Coin to Continue Rising After Fresh Breakout The native token of the open-source XRP Ledger, $XRP has emerged as a fierce Bitcoin rival because it consumes less energy than Bitcoin, is more cost-effective, and also has speedier transaction times. Experts believe that a 25% move upwards in the last week is only the beginning of a long bullish rally for XRP. After recently surging past $3.2 because of a massive spike in whale activity, XRP looks ripe for a big move upwards – potentially to $15 . It’s currently hovering around its all-time highs, with the price nicely consolidating as we speak. This provides interested buyers a great entry point. As always, we urge you not to consider our calculated opinions and insights for financial advice and to do your own research and due diligence before putting your money in any crypto asset. Crypto Potato