Will Solana (SOL) Hit $150 and Cardano (ADA) $1 This Coming Week, or Will Pullix Be the Biggest G...

The post Will Solana (SOL) Hit $150 and Cardano (ADA) $1 This Coming Week, or Will Pullix Be the Biggest Gainer? appeared first on Coinpedia Fintech News

Solana (SOL) and Cardano (ADA) are making waves in the current altcoin market. Many analysts foresee them hitting $150 and $1 soon, respectively. However, a third contender could blow them both out of the water – Pullix (PLX). After completing one of the most successful ICOs in the space and launching on Uniswap with over $2.35M traded in the first 24 hours, experts have it pegged as the next 100x altcoin in 2024. Let’s see why.

Solana (SOL): On an Uptrend

Recently, Solana (SOL) has been showing bullish signs. Notably, CoinMarketCap data displays a significant growth for the Solana price – from $97.60 to $131 in the last 30 days. Its market cap jumped from $42.68B to $58.20B in that period. The excitement around Solana-based cryptocurrencies like BONK and WIF has helped to generate this momentum.

Regarding the Solana crypto technical analysis, 24 indicators are flashing green. Not only that, but this altcoin is now trading above its 50- and 100-day EMAs. Due to all these reasons, experts in the crypto field have made a bullish Solana price prediction. They forecast a potential price surge to $166 within Q2 of 2024.

Ali Martinez: Cardano (ADA) Rally Appears Healthy

Meanwhile, Cardano (ADA) has also emerged as one of the altcoins to watch. According to crypto analyst Ali Martinez, there has been a rise in daily active ADA addresses and transaction volume. This rising activity exhibits a strong following and an increase in investor interest.

Regarding the Cardano price movement, it has surged from $0.51 to $0.78 in the past month alone. This altcoin’s market cap rose from $18B to $27B during that time. Moreover, 28 technical indicators are flashing green for the Cardano crypto. Therefore, market analysts foresee a surge to $0.96 within Q2 of 2024 in their Cardano price predictions.

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