Ethereum and Solana support Pushd's bold move to revolutionize e-commerce

ethereum and Solana investors are latching onto Pushd's pre-sale en masse as it aims to disrupt e-commerce. Pre-sale is now in stage 6.

The US SEC has again shown a lack of enthusiasm for approving Grayscale's petition for an ethereum ETF.

On the other hand, Solana faces rejection at critical resistance levels after experiencing a significant drop ahead of the bitcoin halving. Meanwhile, both ethereum and Solana support Pushd's bold move to disrupt e-commerce in stage 6 of its pre-sale.

To make online retail much more convenient for users, Pushd uses blockchain technology to solve common problems faced by traditional e-commerce platforms. Notably, many cryptocurrency enthusiasts are taking steps to secure their slots in the Pushd pre-sale, even as they anticipate substantial returns in the coming months.

Spot ethereum ETF proposal suffers further delay

The United States Securities and Exchange Commission has deferred a decision on Grayscale's petition for an ethereum ETF. The SEC extended the review time until June 23. Grayscale approved the conversion of its existing ethereum Trust into an ethereum spot ETF in October by filing Form 19b-4 with NYSE Arca. Grayscale switched its bitcoin Trust to a spot bitcoin ETF in January.

The SEC's decision to postpone is also supported by the issues and modifications being considered regarding the plan. The SEC has also delayed similar requests from other asset managers. In response to the SEC's most recent action, Grayscale has improved its application once again. Pursuant to the US Securities Act, the company filed Form S-3 to continue its operations in connection with the ethereum ETF offering.

Solana Price Analysis

After rising more than tenfold from $17 in September 2023 to $210 in March 2024, Solana touched $116.0 last week and found selling pressure at $210. Solana rallied after the bitcoin halving and tested the resistance at EMA21. The altcoin recently opened trading above the EMA21 but failed to stay above the $160 barrier; As a result, it is currently trading at $158.

Based on the daily chart analysis, Solana needs daily closes above $157 to start moving higher. Solana's first price target zones are $164.50 and $174.31, assuming daily closes above $157. However, daily closes below the EMA5 support level of $151.24 may increase selling pressure again. If the selling pressure increases again, $140.82 and the EMA100 at $139.31 are the first support levels.

Investors back Pushd's bold move to disrupt e-commerce

Pushd has the potential to completely transform the online marketplace by solving common problems faced by buyers and sellers on sites like amazon and eBay. Additionally, sellers may experience delays in obtaining funds because PayPal holds payments for up to 90 days after a transaction and buyers are subject to strict KYC procedures. Users can buy, sell and auction items instantly without going through KYC checks.

Pushd offers significantly cheaper fees than traditional markets and its instant deposits and withdrawals eliminate the need to wait several days to make payments.

In addition to the potential for substantial profits, pre-sale investors receive a revenue share of platform fees based on the number of tokens they own. Priced at $0.144 per token and being in stage 6 of its pre-sale, Pushd tokens present a great investment opportunity.

To learn more about this project, visit Pushd pre-sale website.