Solana (SOL), XRP, Jupiter (JUP), and Solciety (SLTCY) Price Analysis: Which Altcoins to Watch?
- WBOYOriginal
- 2024-07-27 21:43:09661browse
As cryptocurrencies eye a fresh bounce amid bullish sentiment for Bitcoin, some of the top altcoins currently on traders' watchlists include Solana, XRP and Jupiter. The meme coins market is also heating up and Solciety (SLTCY) is emerging as the hottest PolitiFi token.
Cryptocurrency prices have surged on Friday, led by gains in major altcoins. Bitcoin price is up 3% in the past 24 hours and trades at an average price of $23,663. The world’s biggest cryptocurrency is up 10% for the week and trades below the key $24,000 resistance.
Ethereum price also rose on Friday, up 2% in the past 24 hours to trade at an average price of $1,728. ETH is up 6% this past week and trades below the key $1,800 resistance.
Top altcoins surged on Friday, with Solana leading gains among the top 10 cryptocurrencies. SOL price is up 5% in the past 24 hours and trades at an average price of $186. Solana’s price has touched highs of $187 and could target $200 this weekend.
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Solana briefly surpassed BNB to rank as fourth largest cryptocurrency by market cap before the latter reclaimed the spot.
Solana’s price is up 10% this past week and has surged over 50% so far in 2024. The altcoin’s recent rally comes amid rising expectations for Solana exchange-traded funds (ETFs) and as bullish sentiment swings heavily in favor of the top coins.
Santiment analysts noted that Bitcoin, Ethereum, and Solana may see gains over the weekend, with the Layer-1 coins then boosting the rest of the market.
“Bitcoin, Ethereum, and Solana might lead gains on Friday. Layer-1 coins have been performing well recently, and this could help propel the rest of the market to close the week on a positive note. Keep an eye on the strength of on-chain الكبير transactions to gauge الكبير資金,” the analysts said.
Solana’s all-time high is around $260, which was reached in November 2021.
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