As October unfolds, a new trend emerges in the crypto market: investors are shifting from Ethereum to Solana and Cutoshi. Major cryptocurrencies remain in focus, yet Ethereum struggles to maintain its position.
Modest Ethereum Price Prediction
Ethereum remains the second largest in the crypto universe, yet its price movements have not met investors' expectations. Since the start of October, Ethereum has been trading between $2,300 and $2,400, causing disappointment among its major holders.
Solana Gains Expert Support for Growth
Solana is actively capturing the market due to its fast and scalable platform. Positive expert forecasts and anticipated political stability in the US contribute to growing hopes for a significant increase in the token's value. Global Head of Digital Assets Research at Standard Chartered, Geoff Kendrick, predicts a 5x price increase if Donald Trump wins the election.
Cutoshi's Focus on Long-term Sustainability
Cutoshi aims to change the meme coin image by offering a platform focused on utility and security. Using the theme of the Chinese lucky charm, the project stands out with its decentralized exchange, Cutoshi DEX, enabling seamless cross-chain operations. The current presale stage has attracted over $350,000, indicating investor interest.
With growing competition and gradual expansion in the cryptocurrency market, Solana and Cutoshi are emerging as top favorites among investors. Analysts highlight the long-term prospects of these projects, making them attractive to large investors seeking new opportunities.