The crypto market is showing positive dynamics, with Bitcoin, Solana, and Cardano becoming leaders in growth. Amidst regulatory clarity and increasing institutional inflows, analysts expect significant increases in market capitalization.
Bitcoin Aiming for $123K
Bitcoin has displayed a bullish structure across all major timeframes. The flagship cryptocurrency recently surged past $123,000 before consolidating in the $116,000 to $120,000 range.
A high-volume bearish candle indicates mild profit-taking, but the pattern of higher highs and higher lows remains intact. Support is holding firm at $115,000, while the next upside target remains at $123,000 and beyond.
If volume supports a breakout above $120,000, analysts believe a retest of all-time highs could follow quickly.
Solana Gains Institutional Attention
Solana is increasingly seen as a credible Ethereum alternative, offering blazing speeds and low transaction costs thanks to its hybrid Proof of Stake and Proof of History architecture. According to a report by 21Shares, analysts predict that SOL could rally from $178 to $337, representing an 89% upside.
Institutional investors are also warming up to Solana due to its business-oriented ecosystem and community pragmatism.
Cardano Breaks Resistance, Aiming for $0.90
Cardano (ADA) is flashing strong bullish signals after a 17% rally last week. Currently trading above $0.82, ADA has broken through key long-term resistance levels.
ADA recently peaked at $0.89, marking a 20-week high, driven by regulatory tailwinds and increasing institutional inflows.
As the crypto market enters a new growth phase, while Bitcoin, Solana, and Cardano lead the way, MAGACOIN FINANCE is attracting attention for its potential opportunities.
