Cryptocurrencies Price Prediction: Ethereum, Solana & Hedera — Asian Wrap 24 April
|Ethereum continues hinting at rally following reduced long liquidations
Ethereum (ETH) has continued showing signs of a potential rally on Tuesday as most coins in the crypto market are also posting gains. This comes amid speculation of a potential decline following FTX ETH sales and normalizing ETH risk reversals.
Solana price breakout delayed amid plans for FTX to auction remainder of its SOL tokens
Solana (SOL) price’s recent performance put the Layer-1 token and its chain on a pedestal. This coupled with the favorable transaction fees tilted the odds in favor of Solana amid an ongoing contention against Ethereum’s chain. The sentiment was reinforced by the flurry of meme coin projects that embraced Solana for the launchpads. These themes were the tailwinds for Solana price to recover.
HBAR price jumps 75% as BlackRock tokenizes Money Market Fund on Hedera
Hedera Hashgraph (HBAR) price has skyrocketed on the back of a key fundamental in the ecosystem, Real World Assets (RWA).
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