Amidst volatility in the cryptocurrency market, the Unstaked project shows significant achievements by raising over $10.4 million. While Solana faces challenges, AAVE demonstrates signs of recovery.
Unstaked and Its Presale Success
The Unstaked project, utilizing artificial intelligence and the Proof of Intelligence (PoI) model, has successfully progressed through its presale stages, raising over $10.4 million. The current token price stands at $0.011739, aiming for a launch price of $0.1819. Unstaked stands out among other projects due to its fair launch model without private allocations and its focus on community benefit.
Solana's Market Status
Solana, known for its speed and scalability, is currently under pressure. It recently slipped below the key support level of $168 and is now trading at $158.92. Technical analysts expect a potential decline towards the $130 zone. Kraken data has shown that selling pressures are strong, as over 156,000 SOL were sold for USDC.
AAVE: Rebounding After a Dip
In contrast to Solana, AAVE is showing signs of recovery after a 15% dip. The asset has bounced back from $240 to above $250, driven by interest in DeFi opportunities. AAVE now holds a 45% share of the decentralized lending market and has received support from the Ethereum Foundation with a recent $2 million loan.
While Solana and AAVE navigate through changes, Unstaked continues to gain popularity due to its innovative approach and community support. With over $10.4 million raised in its presale and updated technologies, the project appears promising amidst market transitions.
