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Is This the Crypto Market Breakout We’ve Been Waiting For? Solana (SOL) and Aptos (APT) Prices Rally After Donald Trump’s Presidential Win

November 11, 2024
in Crypto News
Reading Time: 4 mins read
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Is This the Crypto Market Breakout We’ve Been Waiting For? Solana (SOL) and Aptos (APT) Prices Rally After Donald Trump’s Presidential Win
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The US just had an election for a new president. The new president Donald Trump is pro-crypto. This could mean a good sign for crypto coins. Solana (SOL) and Aptos (APT) are two tokens that have seen green price charts. Meanwhile, crypto analysts like Christiaan and Posty have made bold price predictions for them both.

Solana (SOL) Price May Reach a New ATH Soon

Solana (SOL) is among the top 5 cryptocurrencies at the moment. CoinMarketCap shows that the price of Solana jumped nearly 20% in the past week alone. At that time, its value moved between $172 and $205. The Solana market cap also moved from $80B to $96B. Crypto analyst Christiaan also made a bullish Solana price prediction. According to his X post, Solana (SOL) may reach a new ATH soon as it surged past $200. In other words, this altcoin is expected to soar higher than $259. The technicals for the Solana crypto support this statement. For example, this crypto currency trades above its 20-day EMA of $173 and its 50-day EMA of $162, per TradingView. Moreover, Solana’s momentum indicator sits at 25.48, which signals a buy signal at the moment. With the recent Solana announcement of Coinbase launching cbBTC on Solana, its future appears bright. This development will make more of Bitcoin’s value available in the Solana ecosystem. This could make Solana one of the altcoins to watch.

Analyst Makes a Bold Aptos (APT) Price Prediction

Aptos (APT) is another crypto coin with green price charts. On the one-week chart, the Aptos price surged over 5%, as per CoinMarketCap. This altcoin saw a price movement between $9.20 and $9.73 during that period. Some experts think this bullish trend for Aptos (APT) will continue. For example, Posty made a bullish Aptos price prediction. According to his X post, the Aptos crypto could reclaim $10.50 and then see a run to $13. The technical analysis of the Aptos coin also shows bullish signs. TradingView shows that this altcoin is now trading above its 10-day EMA of $9.23 and its 30-day EMA of $9.14. Additionally, its 14-day RSI sits at 55, which is in the neutral zone. In other news, Evergreen announced launching its new deconstructed MMO on Aptos. This could allow Aptos to tap into the growing crypto gaming market. Experts foresee potentially big gains ahead for Aptos.

The State of the Crypto Space Following This Election

The rise of Solana and Aptos is a good sign. Thanks to Donald Trump’s recent presidential win, the crypto community is getting more excited. Therefore, we could see a sustained rally across a larger market space that would bring plenty more crypto coins into the fold.

A Quick Note on Lunex Network (LNEX)

Though Solana (SOL) and Aptos (APT) are getting the most attention, Lunex Network (LNEX) is making a name for itself. This upcoming DeFi platform is getting attention for its ability to trade crypto coins across different blockchains. Experts hint at a potential 5x surge in 2025 for LNEX as it could revolutionize the DeFi market. This market was projected to reach $376M in 2025 as per Statista, giving LNEX great long-term growth potential. Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today! Website: Lunex Network Socials: Join Lunex’s Growing Community


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