Cryptocurrencies Price Prediction: Solana, Ethereum & Axie Infinity — Asian Wrap 28 June

FXStreet Team FXStreet

SOL and AVAX see gains amid corrections looming due to FOMO

Solana (SOL) and Avalanche (AVAX) have rallied by 9% and 7%, respectively, on Thursday following a slight recovery across the crypto market. However, Santiment data reveals FOMO as the major force behind SOL's rise, while AVAX has had little influence from FOMO on its price.

Three key factors that could propel Ethereum to new heights

Ethereum (ETH) is up nearly 3% on Thursday as upcoming spot ETH ETF launch and key on-chain metrics suggest an ETH rally might be around the corner.

Axie Infinity price dips 45% since April even as Axies’ active addresses rise nearly 700%

Axie Infinity (AXS) is a gaming finance (GamsFi) token with a virtual world and a game featuring Axies from the NFT collection. AXS has wiped out nearly 45% of its value in the past two months as AXS price has been in a state of decline since April, down from $11.10 on April 1 to $6.22 on June 27, at the time of writing.

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