The cryptocurrency market again attracts investor attention with notable altcoin rises, including Cardano and Solana, alongside Chainlink and MAGACOIN FINANCE.
Cardano (ADA) and ETF Rumors
Cardano is generating interest among institutional investors, with 5.8% of total ADA supply now held in custodial wallets. The introduction of new tools like ADA options trading on Kraken is also boosting interest. ADA is consolidating in a symmetrical triangle pattern, usually indicating major breakouts. Investors are optimistic about a potential 100-150% rise in the coming weeks.
Solana (SOL) Surges Ahead
In just one day, Solana skyrocketed over 12%, trading between $182 and $189. Key growth factors include surpassing the 100,000 TPS milestone in network stress tests and an increase in total value locked (TVL) to $8.6 billion. If an ETF is approved for Solana, analysts predict prices up to $250–$300.
Chainlink (LINK) and MAGACOIN FINANCE: New Horizons
Chainlink continues to advance, reaching a peak of $27.8, with support around $23.50–$23.60. Major growth factors are tied to security certifications and partnerships with significant financial entities. Meanwhile, MAGACOIN FINANCE is attracting attention as a new cryptocurrency with high growth potential, backed by strong fundamentals and real utility.
With the current interest in Cardano and Solana rising, along with the developments in Chainlink and MAGACOIN FINANCE, the cryptocurrency market appears to have entered a new phase of adoption. Investors are keen to explore new opportunities amidst the growing interest in altcoins.