In another exciting development, Binance, the world’s largest CEX, announced the launch of Binance Solana (SOL) staking. Users can stake their SOL crypto and receive BNSOL, a liquid staking token representing staked assets.
Meanwhile, in the crypto market, Chainlink (LINK) eyes the next resistance after a significant jump in price. At the same time, IntelMarkets (INTL), an emerging cryptocurrency, sees rising whale interest. This new altcoin stands at the crossroads between AI and DeFi, aiming to transform the crypto trading scene.
IntelMarkets (INTL): New Whale Favorite
The latest crypto sensation, IntelMarkets (INTL), is an AI-DeFi protocol. Its unique narrative has captured market interest, increasing whale activity. Just days after going live, over $250,000 has been raised in funding. Another $500,000 has been raised from Fortune 500 investors, alongside backing from Sovereign Wealth Fund.
With the presale recently kicking off, entry couldn’t be any lower. In the first stage, it costs $0.009, ridiculously undervalued according to industry experts. As it sails toward adoption and launch, a 75x upswing in value is projected, making it a more compelling altcoin than Solana (SOL) or Chainlink (LINK).
Regarding its fundamentals, it is designed to transform the $347 billion global crypto trading market. Its integration of AI technology into blockchain and DeFi will birth the first AI-based blockchain. It further stands out with its dual-chain functionality, offering support to both the Ethereum and Solana blockchain.
Solana (SOL): Binance Launched SOL Staking
Solana (SOL), a DeFi giant and leading altcoin, is a popular name in the crypto space. It facilitates the creation of dApps and its ecosystem is among the most vibrant. Noteworthy is its meme ecosystem, which, perhaps, trails behind only Ethereum’s.
On the market side, it has been consolidating between $127 and $134 in the past few days, with a 2% gain recorded on the weekly charts. The declining interest in Solana DeFi, alongside the largely underwhelming broader crypto market, can be linked to its poor performance.
But in more exciting news, Binance, the world’s largest crypto exchange platform, announced Solana staking. Users who staked their assets will receive BNSOL, representing staked assets, while also earning rewards. With this initiative set to drive demand and offer incentives to HODL, the Solana price is set for a big leap.
Chainlink (LINK): Targets Key Resistance Levels
Chainlink (LINK) is an Oracle network that connects dApps to existing systems to create products with real-world use cases. Its key role makes it one of the most sought-after tokens, pushing it to rank among the top 15 cryptocurrencies.
As it gathers momentum, sights are set on flipping the next key resistance. The Chainlink price spiked 6% in the weekly charts, trading above $10.6. Subsequent levels to watch out for in case of a breakout are $12.5 and $15.
Meanwhile, a more bullish Chainlink price prediction hints at a rally past $20 before the end of Q3. Besides, with the buzz around a rate cut by the Feds in the coming days, LINK is a crypto coin to bet on ahead of the anticipated market jump.
Conclusion
While Binance unveiled Solana (SOL) staking and Chainlink (LINK) approaches key resistance levels, IntelMarkets captures whales’ interest. This new AI-powered trading platform has been hailed as the future of crypto trading. With adoption imminent, it is tipped to become one of the biggest breakout stars this year.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets