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Altcoins Surge as Institutional Inflows and Network Activity Rise

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by Giorgi Kostiuk

2 hours ago

The cryptocurrency market is showing renewed activity as major altcoins strengthen due to institutional inflows and rising network activity.

Solana Pushes Toward $250 as Treasury Demand Soars

Solana continues to rise, currently trading at nearly $215 after breaking resistance at $200. Analysts are looking towards the $220-$230 area as the next short-term hurdle, while the breakout target is now $250.

Ethereum Holds Strong at $4,600 Amid ETF Boom

Ethereum has climbed and held above $4,600 after breaking out earlier this week on the back of historic ETF inflows, with traders betting on breaking the $5,000 price level.

Chainlink Surges 15% as Institutions Accumulate

Chainlink has experienced a 15% increase in price, surpassing $24, the result of significant whale activity and high-profile integrations, reaching a seven-month peak.

With Solana nearing a major breakout, Ethereum showing stability, and Chainlink seeing rising demand, the outlook for altcoins remains bullish. MAGACOIN FINANCE, a new name in the market, is also gaining attention.

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