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Cryptocurrencies Price Prediction: Solana, Altcoins & Ethereum – American Wrap 04 October

Solana price performance YTD eclipses BTC, ETH; emerges as the largest decentralized PoS network

Solana price has managed to surprise investors with a stellar performance in the past nine months. The altcoin has not only surpassed every other major cryptocurrency in the world but also noted exceptional growth as a blockchain. This has resulted in Solana beating out Ethereum to become the most decentralized network.
Bitcoin (BTC) price shot up nearly 10% between September 27 and October 2 and created a local top at $28,613. This move caused many altcoins to pause their downtrend and trigger a bullish breakout, but the last two days have proven that investors need to be cautious. 
The crypto market lost ground throughout Tuesday but has been attempting to turn around since Wednesday morning. So far, it seems to be following the sentiment of the stock market, which is trying to recover from the previous day's sell-off.
 
 

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