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Solana Price Hits Major Resistance at $200, Pushing Traders to INTL for 19,300% Gains

January 12, 2025
in Crypto News
Reading Time: 3 mins read
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Solana Price Hits Major Resistance at $200, Pushing Traders to INTL for 19,300% Gains
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Solana’s price struggles to cross the $200 mark as it starts to tumble in the current session. The Solana price is seen plummeting after starting the year with a massive breakthrough of over $220 mark. Even the SOL ETF approval frenzy fails to regulate the Solana price actions. While  SOL struggles to maintain its momentum, investors run to IntelMarkets as the platform provides a ticket to 19,300% gains. The explosive potential of INTL leaves traders excited about its future trajectory.

Solana Price To Start A Deeper Correction Despite SOL ETF Buzz

Solana’s price has plummeted 15% since Monday, wiping out all the gains from the weekend’s rally. The Solana price is now back where it was last Wednesday. To make matters worse, the token closed below its 50-day exponential moving average (EMA) despite the hype surrounding the SOL ETF.

And it looks like the Solana price is heading for its third straight day in the red – something it hasn’t done since late November. Things aren’t much better when looking at SOL’s stats while experts anticipated a rise in the Solana price following the SOL ETF approval. 

Spot trading volumes have tanked 28% during this recent downturn, while open interest in SOL derivatives has also dipped. This dip suggests traders may be taking a more cautious approach to Solana despite the buzz of SOL ETF approval.

Taken together, the technical weakness and the drop in trading activity point to growing pessimism around the network and its native token. Still, some traders believe this dip is just a natural correction. After all, Solana price had a strong start to the year, rallying in the first week of January and passing the $220 mark.

IntelMarkets (INTL): The Best Altcoin In 2025?

IntelMarkets (INTL) is creating an entirely new niche in the cryptocurrency world. INTL is a hybrid trading platform using artificial intelligence that is set to transform the $36 billion global crypto trading market. IntelMarkets has one of the most promising integrations of AI with blockchain and DeFi, promising unprecedented efficiency with the potential to be the best altcoin of the next generation of financial technology.

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The unique thing about IntelMarkets is its AI trading platform where the trading strategies are optimized via self-learning algorithms. This innovation offers users another advantage – being able to make use of real-time market data to maximize returns, which none of the other platforms does. In addition, its dual-chain architecture works on both Ethereum and Solana, expanding compatibility and attractiveness across the blockchain domain.

The price for IntelMarkets is attractive, with the token listed at $0.08 at the 9th stage of the ICO. Investors looking for a low-cost entry to what may be the next big thing in crypto can get in early with this early-stage pricing. 

IntelMarkets has already gathered over $6.5 million in funding and support from Fortune 500 investors and will move in the right direction as it captures the community’s attention. Given its post-launch potential, IntelMarkets could surpass prominent altcoins such as Ripple and Cardano to exciting new extremes, with some experts hailing INTL as the best altcoin of 2025.

Discover More About Intel Markets:

Presale: https://intelmarkets.io/

Buy Presale: https://buy.intelmarkets.io/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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