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Solana surpasses Binance Coin, Ethereum eyes $3,000, and DeeStream draws ETH and SOL holders to its presale.
While Solana (SOL) and DeeStream (DST) are gaining traction, Ethereum (ETH) whales are keeping a watch on a fresh streaming presale.
At a target price of $140, Solana surpasses Binance Coin (BNB) in market capitalization, marking a noteworthy milestone. With unstoppable momentum and a major resistance level at $3,000, Ethereum soars above $2,700.
Concurrently, DeeStream is a streaming game-changer, drawing holders of Ethereum and Solana to its $0.035 presale. The changing crypto scene portends innovation and expansion in many areas.
Solana surges: comprehensive analysis
Solana has reached a significant achievement by surpassing Binance Coin in market cap value. This indicates increasing confidence in the Solana ecosystem. The recent surge is notable, with open interest experiencing a substantial 108% increase, reaching a new record of $1.75 billion. This heightened investor activity and positive sentiment contribute to a bullish outlook for SOL, with analysts predicting a potential $140 target, indicating a 25% growth from the current price.
Key metrics, including on-chain data and fees, highlight a positive sentiment around Solana. On-chain metrics reveal a significant increase in Solana’s value on-chain, reaching $37 trillion, the highest in the last 12 months. Fees, reaching an all-time high of $1.2 million on Jan. 31, further demonstrate strong network activity. The price analysis suggests a continuation of the current uptrend, potentially reaching a higher high above $125, with a significant resistance zone at $167 as the next target.
Ethereum soars: unstoppable momentum
Ethereum experiences a soaring price, breaking above the crucial $2,700 level. Several technical indicators point to the bullish momentum, including strong buyer control, the absence of sellers, and Ethereum’s alignment with Bitcoin’s remarkable performance.
The rally, initiated with the breakout at $2,500, showcases double-digit gains and positions Ethereum with a key resistance level at $3,000. The recent bullish cross on the 3-day MACD further suggests the potential for continued strength in ETH buyers.
DeeStream: the next big thing in streaming
DeeStream (DST) is rising as a potential game-changer in the streaming industry, capturing the attention of crypto experts. Positioned as an ecosystem for content creators and consumers, DeeStream (DST) addresses common challenges on other platforms. The platform’s user-friendly approach and commitment to eliminating hurdles position it as a significant player in the evolving streaming landscape.
DeeStream’s presale is gaining traction as crypto experts and investors, including Ethereum and Solana holders, participate in anticipation of the platform’s potential success. Priced at an attractive $0.035, the presale offers investors fee distribution, commission-free swap services, and active governance participation. With the global streaming market predicted to exceed $247 billion, DeeStream strategically aligns itself for growth, potentially outpacing established cryptocurrencies.
To sum up, Solana’s rise, Ethereum’s strong progress, and DeeStream’s promising entry into the streaming scene highlight how the cryptocurrency market is always changing. People who invest and are interested are closely monitoring these changes, understanding the possibility of notable growth and innovation in different parts of the crypto space.
Find out more about the DeeStream (DST) presale by visiting the website here.
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This article first appeared at crypto.news
