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Arkham Intelligence adds Solana integration, Litecoin is predicted to hit 300m transactions by December, and analysts forecast gains for Intel Markets.
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Arkham Intelligence, a data tracking platform, has integrated Solana (SOL) data into its system. The aim is to allow traders to monitor wallet transfers on the Solana blockchain. In other news, the Creative Director of the Litecoin (LTC) Foundation says the network might reach its 300 millionth transaction on Christmas Day.
Meanwhile, analysts have given a bullish price forecast for Intel Markets (INTL) as it crosses $1.6 million in its cryptocurrency ICO. They say the value of the DeFi cryptocurrency could soar by 450% before the end of this year.
Arkham Intelligence integrates Solana data tracking
Arkham Intelligence has added Solana to its suite of on-chain data. Because of this integration, the Arkham network can monitor the large value transfers that are performed between particular wallets on the Solana network.
This addition is most helpful for traders and investors who seek real-time information on the transaction flow to identify major financial shifts. In other news, the Solana coin is on an uptrend.
The value of the cryptocurrency has crossed the $170 mark for the first time since August 5. The Solana price has soared by 6% on the weekly timeframe and 10% on the monthly chart of CoinMarketCap.
This bullish movement increases the coin’s chances of reaching the $200 mark. Besides, SOL’s 14-day RSI shows that bulls are more in control of the market. Coincodex forecasts the price of Solana (SOL) could hit $199 soon.
Litecoin about to smash 300m transactions
In a recent post on X, the Creative Director of the Litecoin Foundation, Robbie Coleman, talked about the network’s transaction count. According to him, the Litecoin network has recorded over 100 million transactions in the past twelve months.
With this rate, Coleman forecasted the number of transactions might cross 300 million on December 25. Currently, the number of transactions stands at about 280 million based on the chart the Director posted.
In the meantime, the Litecoin crypto has been trading between $68 and $73 on the weekly chart, according to CoinMarketCap data. The value of the cryptocurrency has been recording sharp rises and falls during this period.
Looking ahead, Litecoin’s 14-day RSI is below the 50 mark, meaning bears are in control of the market. With such bullish momentum, the Litecoin coin price could have a tough time crossing $80.
Intel Markets forecasted to rise by 450% in 2024
Intel Markets (INTL) is fast becoming one of the top DeFi projects, raising over $1.63 million in its presale. The INTL coin is currently priced at $0.036 after recording an increase of more than 300%. Analysts forecast the value of the cryptocurrency could rise by 450% before the year ends.
Intel Markets is a platform that wants to leverage artificial intelligence and machine learning to help traders make better decisions. Intel Markets’ main strength is the ability to work on two chains, the Solana and Ethereum networks. This setup enables the traders to choose the most appropriate network that they wish to use, something that is not common in the market.
Thanks to the high speed and affordable commissions of Solana, the security of Ethereum, and opportunities for working with DeFi, Intel Markets provides a multi-functional platform for traders. Intel Markets also provides AI trading bots that learn from market conditions.
Traders can use these bots to place trades and manage their assets. The bots can learn from mistakes to improve their trading strategies. This combination of advanced AI trading bots and dual-chain makes Intel Markets a flexible platform for traders who want to enhance the effectiveness of their trades and make better decisions.
In summary
Arkham Intelligence now offers a tool for tracking wallet activity on the Solana network. On the other hand, Litecoin (LTC) is showing significant potential as it aims to actualize 300 million transactions by December. Meanwhile, Intel Markets is creating a stir in the DeFi Market. Analysts predict that it can rise 450% and could finish the year on the upside.
To learn more about Intel Markets, visit the presale website, and Telegram and Twitter.
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This article first appeared at crypto.news
