Solana Whales Favor New AI Altcoin; Ethereum staked rises 5.1%

Solana whales invest in a new altcoin that implements artificial intelligence to transform the cryptocurrency trading space, while the amount of ethereum staked increases by 5.1%.

In recent weeks, Solana (SOL) whales have been investing in an ai altcoin. Intel Markets. The project, which deploys next-generation Rodeum ai to create a trading platform designed to transform the way we trade, has raised over $1 million in pre-sales.

Experts say its altcoin, INTL, could lead the next bull run. Meanwhile, there has been an increase in the number of ethereum (eth) staked, indicating an increase in holding among investors.

Solana reaches a new milestone

According to a x.com/SolanaFloor/status/1843693861530751058″ target=”_blank” rel=”nofollow”>recent report According to Solana Floor, the number of monthly active addresses on the Solana network has reached a new all-time high, exceeding 100 million. This shows that activity on blockchain has increased in the last month thanks to the influx of meme coin projects.

However, the case is not the same for the Solana coin, which is currently trading between 50-SMA ($142.43) and 200-SMA ($146.70). Solana has been trading below the $200 mark for over a month, while other tokens are reaching new highs.

Currently, most of its technical indicators They are bearish. For example, the VWMA (10) shows a sell signal. The 14-day RSI is also below the 50 level, a sign that the bears are in control. Still, crypto/solana/price-prediction/” target=”_blank” rel=”nofollow”>Coincodex Forecasts Solana price could skyrocket to $162.49 in the coming weeks.

<h2 class="wp-block-heading" id="ethereum-investors-bullish-as-eth-staked-soars-5-1″>ethereum: Investors Bullish as eth Stake Soars 5.1%

According to on-chain data provider IntoTheBlock, 28.9% of ethereum had been staked. The platform also revealed that ethereum's share percentage was 23.8% in January, which implied an increase of 5.1% in the last ten months.

IntoTheBlock also shared that 15.3% of staked eth had been staked for three years or more. The data provider said this is a strong sign of “long-term confidence” in the future of the ethereum coin.

Despite eth's resilience in the first half of 2024, the ethereum token is struggling in October. One of the reasons given for the recent drop is selling pressure from participants in the initial coin offering.

Currently, the sentiment around the ethereum cryptocurrency is bearish due to the decline 14 day RSI. Still, analysts forecast a rally towards the 200-SMA at $3,080.49. However, things could change for ethereum if it crosses this key resistance level.

<h2 class="wp-block-heading" id="intel-markets-defies-market-trend-set-for-10-x-gains”>Intel Markets Defies Market Trend, Set for 10x Profits

Intel Markets (INTL) has gained more attention from investors compared to ethereum and Solana, which have been generating losses. The project has provided early investors with a 200% return on investment and raised $1 million in funding. Currently, the INTL token is trading at $0.027364. Analysts have predicted a 10-fold price rally in the coming months.

Cryptocurrency Trading Platform Market Expected to Reach $135.7 Billion by 2032, According to crypto-trading-platforms-market” target=”_blank” rel=”nofollow”>Future market outlook. Industry insiders are pinning their hopes on Intel Markets to revolutionize the sector. Intel Markets, an ai-powered trading platform, has employed some of the best brains from Google and OpenAI, Goldman Sachs and Renaissance Technologies.

This trading platform is smart and gives traders access to advanced trading tools that are not available on traditional exchanges. There is also the Intelli-M multichannel tool, which is capable of processing information from a thousand technological sources and giving very precise signals.

Self-learning trading robots with Rodeum ai will also be available on Intel Markets. In the process, robots can improve their performance by learning from the trader's failures and copying good strategies.

Conclusion

While the rise of staked ethereum indicates confidence, Intel Markets is a better token to consider. Analysts predict that Intel Markets will become one of the best DeFi projects of the future. They believe that the ongoing pre-sale is a good opportunity to get the token at a low price.

To learn more about Intel Markets, visit the pre-sale website, the official websiteand Telegram.