Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
As the crypto market recovers from the recent downturn, Solana (SOL) scales to a critical resistance level, changing the bearish narrative around SOL. Also, Cardano (ADA) is gearing up for a parabolic rally as its long-anticipated Chang hard fork approaches.
Similarly, RCO Finance (RCOF) gains momentum in its presale, pushing almost halfway into the second stage.
Let's learn how to milk these top crypto coins for significant gains.
Solana Soars Past $150: What To Expect?
In a remarkable turn of events, Solana breached the $150 barrier created by the bears during the recent market drawdown. This uptick marked a critical moment for SOL as it attained heights last seen in November 2021 and exacted dominance over ETH in a particular metric. Notably, the SOL/ETH ratio indicates Solana's ascendance over Ethereum in price growth.
This shift suggests growing confidence in the Solana network and its native token compared with the pioneer altcoin.
Moreover, SOL registered a more sizable growth than ETH as both recovered from the recent crash, indicating more buying interest in the Solana network than its rival, Ethereum. A visible increase in volume further substantiated this outlook.
Solana's broadening interest can be attributed to increased network activities, such as dApps building and rising adoption amongst blockchain developers due to better scalability and cheaper fees.
SOL is the fifth-largest cryptocurrency by market capitalization, coming second to BNB. It is up 1.10% to $156, with all eyes fixated on $160 as a potential target.
Cardano Coin In The Limelight As Chang Hard Fork Draws Closer
The much-awaited Chang hard fork scheduled to go live on Cardano is now a hair's breadth away.
A recent report reveals that 63% of Stake Pool Operators (SPOs) have transitioned to Node 9.1.0. This hard fork will transform Cardano into a completely decentralized network by giving ADA holders a voice in how the blockchain is governed.
The hard fork will usher Cardano into the Voltaire era, focusing particularly on decentralization. Grouped into two phases, the first part of the fork will see Cardano member-based organization Interim form a committee to uphold its version of the network's constitution.
In contrast, the second part will be the transition phase, when the blockchain becomes fully decentralized. The Cardano community will assume control over the network and determine its future.
Cardano (ADA) has yet to react extensively to the latest developments in terms of price movement. However, experts believe a turnaround is underway and will be activated by the fork. In the meantime, ADA is up 0.28% to $0.33, with experts anticipating a more significant upside rally.
RCO Finance Unwraps A Gift To The Crypto Community
As investors seek more projects besides Solana and Cardano, RCO Finance poses a viable option based on its current outlook.
It introduces an advanced AI tool, the Robo Advisor, to ensure profit-making becomes a habit. This represents one of the many ways RCO Finance stands out from its rivals across the crypto landscape.
RCO Finance is an Ethereum-based decentralized trading platform that harnesses blockchain and artificial intelligence technology to position users at the forefront of innovation.
With help from its AI-driven robo-advisor, investors can pick out the most lucrative investment option from the long list of assets featured on the platform. Whether it is a stock, cryptocurrency, ETF, or real-world asset, the robo-advisor can determine when to invest or divest using its machine-learning program.
The platform issues the most affordable loan compared to decentralized finance platforms and charges very low trading fees, making it appealing to DeFi enthusiasts.
Other perks of RCO Finance include transparency, security, high trading leverage, high staking APY, and customizable trading strategies. SolidProof does its security assessment by constantly scanning its smart contract codebase for loopholes that may put users at risk of losing their assets.
RCOF's Presale Set To Birth More Millionaires
While SOL and ADA have created millionaires in their prime, RCOF is positioned to uphold the legacy of these established assets, starting from its presale.
With over 30X profit on the table during its presale, investors have an easy opportunity to become crypto millionaires before the end of the bull run. Early investors with up to $40,000 invested in RCOF will realize over $1 million when the token launches on exchanges.
RCOF is trading at $0.0343 in Stage 2 of its presale. After completing this phase, it is expected to list within the $0.4 and $0.6 price range.
Experts believe that RCOF will achieve growth similar to SOL and ADA after its exchange debut, making now the best time to invest in it for massive returns.
For more information about the RCO Finance Presale:
Join The RCO Finance Community
Disclaimer: This is sponsored content, provided by a third party
Publication date
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.