|

Cryptocurrencies Price Prediction: Solana, Aave & Fetch.ai — Asian Wrap 16 November

Solana price finds strength after crypto ratings agency flips XRP for SOL on its top five global crypto index

Solana (SOL) price was a top performer across December, rising almost 120% within the month. The surge bolstered the position of the cryptocurrency, putting SOL on the pedestal against its contender, Ethereum (ETH). The impressive surge drew Solana founder Anatoly Yakovenko out to quell debates on SOL versus Ether.  

AAVE price eyes 10% gain as Aave reviews proposal to deploy its protocol on Solana via Neon EVM

Aave (AAVE) price has displayed massive volatility over the past several months, with an overall uptrend defined by higher highs and higher lows. Meanwhile, the network’s governance forum has been active, with the first step in bringing the Aave V3 MVP to Neon mainnet up for a vote.

FET price rises 5% after Fetch.ai Mainnet Upgrade

Fetch.ai (FET) price is has recorded massive volatility with massive candles over the past few weeks, as the AI cryptocurrency coins sector also reacted to the spot Bitcoin exchange-traded funds (ETFs) wave. However, the volatility increased as the countdown to the network’s mainnet upgrade drew close and now the “sell the news” play may be in the works for FET holders after a successful execution.

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

Bitcoin Weekly Forecast: BTC drops below $68,000 as oversold signal fails to stop sellers

Bitcoin corrects more than 7% so far this week, hitting an intraday low of $67,568 on Friday. Rising liquidations, continued ETF outflows, and weakening risk appetite are leaving BTC vulnerable to further downside.

Ripple risks losing $1.00 support as 24-hour liquidations hit $20 million

Ripple remains on edge, trading around $1.00 on Friday. The remittance token’s sharp decline has persisted since November 5, initially triggered by the $6.3 billion Binance hack and later accentuated by the US midterm elections.

Crypto Today: Bitcoin, Ethereum, XRP extend losses as bears tighten their grip

Bitcoin's (BTC) sell-off deepens on Friday, with the spot price below $69,000. The largest crypto by market capitalization leads the intense selling, with Ethereum (ETH) below $2,000 and Ripple (XRP) hovering just above $1.00.

Bitcoin just posted five straight losing weeks, and the storm may not be over yet

Bitcoin is struggling to find support, slipping below $70,000 as multiple headwinds threaten to push the Crypto King lower. The much-anticipated “Uptober” rally failed to materialize, with persistent selling pressure and widespread liquidations instead reinforcing the “Rektober” narrative.

Bitcoin: BTC drops below $68,000 as oversold signal fails to stop sellers
Bitcoin (BTC) extends its correction, falling more than 8% and hitting an intraday low of $67,568 on Friday. Despite oversold technical signals, selling pressure continues to intensify, with persistent Exchange Traded Funds (ETFs) outflows, leveraged liquidations and weakening risk appetite weighing on the Crypto King outlook.