- Solana might retest $200 before the end of Q3.
- Analysts tip Uniswap for a climb above $10.
- IntelMarkets, a novel AI-powered exchange protocol, is set to disrupt the broader crypto trading landscape.
Bitcoin ETFs mark the first positive inflows in two weeks, recording a net inflow of $28.6 million on September 9. With sentiment turning bullish, investors anticipate an overall market rally. Long positions are being considered for top altcoins like Solana (SOL) and Uniswap (UNI), putting them in the spotlight.
At the same time, traders are paying keen attention to this new ICO: IntelMarkets (INTL). Its unique offering centers around integrating AI into DeFi trading, poised to reshape the wider crypto trading scene. With adoption imminent, traders betting big on the ongoing presale comes as no surprise.
IntelMarkets (INTL): Set to Reshape the Crypto Trading Scene
IntelMarkets (INTL), the latest on investors’ radars, is an emerging altcoin at the intersection between DeFi, blockchain and AI. It prepares to transform the $36 billion global crypto trading market by integrating AI into DeFi trading. Additionally, it will become the first modern trading platform to embed self-learning trading robots into trading.
It further stands out from conventional trading platforms with its dual-chain architecture. The AI-powered trading protocol supports and runs on the Ethereum and Solana blockchains, offering users the flexibility to choose their preferred option. With a multichannel analysis that performs rigorous technical calculations from multiple markets in seconds, traders can maximize opportunities from different asset classes.
The above explains why traders are shifting to this new ICO—adoption is just around the corner. Meanwhile, over $250,000 has been raised since recently making its debut, priced at $0.009 in the first stage. With an opportunity to become an early adopter of the next big thing, it is a more compelling bet than Solana (SOL) and Uniswap (UNI).
Solana (SOL): Poised to Retest $200
Solana (SOL), a DeFi giant and one of the leading cryptocurrencies, is undoubtedly one of the most popular names in the crypto space. Despite lingering bearish pressure, it shows resilience. On a longer timeframe, the past month to be specific, it tumbled by over 9%.
Nevertheless, the $120 price level has proven to be a strong support for Solana (SOL). With a bullish reversal on the horizon, to be sparked by rising interest and confidence, a climb toward the annual peak of $200 is anticipated before the end of Q3. But here is a caveat: this Solana price prediction will likely play out if Bitcoin breaks out above $65,000.
In other news, SOL reached a historic milestone: 5.4 million daily active wallets on September 9th. This marks the highest number of daily active addresses in blockchain history, boosting hopes of a Solana price rally.
Uniswap (UNI): Potential Climb Above $10 Before Month’s End
Uniswap (UNI), a popular DEX that facilitates the automated trading of DeFi tokens, is one of the top cryptos, ranking among the top 25. While the market trades sideways, it has gained considerable strength, trading on the upside.
The past week was eventful for the Uniswap coin, up by 8% on the monthly chart. It retails above $6, inching closer to the next key resistance. According to experts, we might see the Uniswap price above $10 before the month’s end.
Rising DEX activity and Bitcoin’s resurgence will be crucial to the next leg of its bull run. The anticipated interest rate cut later this month is another catalyst for price appreciation. Amidst this, Uniswap (UNI) is one of the altcoins to watch out for.
Conclusion
Amidst Bitcoin ETF net inflow and market excitement, Solana (SO) and Uniswap (UNI) are primed for further upsides. Meanwhile, IntelMarkets, a novel AI-powered exchange protocol, has captured traders’ attention. Given its impending adoption, it is a new DeFi project to bet on.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets