Solana ETF Approved in Brazil: SOL Altcoins Price to Hit New ATH Against Ethereum
- PHPzOriginal
- 2024-08-09 21:10:261127browse
Brazil has signaled a major shift in the crypto market with the approval of a Solana ETF. This development could lead to a increase in Solana-based altcoins
Brazil has approved a Solana ETF, which could lead to an increase in the value of Solana-based altcoins, potentially surpassing Ethereum.
CYBRO, a DeFi platform on the Blast blockchain, is offering high earning potential with AI-driven yield aggregation, staking rewards, airdrops, and cashback.
Despite recent drops in Bitcoin and Ethereum prices, Solana has shown resilience with a one-month increase of over 11%.
Solana’s price is currently in the range of $115 to $177.76, with the nearest resistance level at $217.24 and support at $91.94.
Solana could rise to $217.24 and higher if bulls take charge, representing a close to 50% increase from current levels.
Jupiter (JUP) coin is currently trading between $0.65 and $1.11, with the nearest resistance level at $1.40 and support at $0.48.
Despite Bitcoin and Ethereum’s drops of 24-30%, JUP has only slid 11.47% in the past week.
JUP could potentially rise by about 26% to $1.40 initially and possibly up to $1.85 if bulls take charge.
Popcat (POPCAT) is currently trading between $0.30 and $0.76, with resistance levels at $1.06 and $1.52.
Despite the recent market dips, POPCAT has recovered well, with a 10-day average of $0.63 and a surge of nearly 23% over the past month.
If bulls push POPCAT to resistance levels, it could reach the $1.52 mark, marking a potential 100% rise from its current highs.
Ponke (PONKE) is currently trading between $0.18 and $0.52, with a resistance level at $0.74 and support at $0.06.
Despite a recent dip, Ponke’s six-month growth of 296.84% indicates strong potential.
If bulls drive up the price, Ponke could rise towards $1.08, a potential increase of over 100%.
Despite Bitcoin and Ethereum’s recent drops, this could be the ideal time to find opportunities in Ponke.
CYBRO is a top DeFi platform on the Blast blockchain that offers advanced earnings opportunities.
CYBRO provides investors with a high earning potential through AI-driven yield aggregation, ensuring maximum return on investment in any market condition.
CYBRO offers a range of benefits, including competitive staking rewards averaging 10%, ensuring optimal returns regardless of market conditions.
CYBRO platform users enjoy exclusive access to airdrops, enabling participation in free token distributions and expanding investment opportunities.
Moreover, holders benefit from reduced trading and lending fees, as well as a comprehensive insurance program, ensuring a secure and rewarding experience on the platform.
The above is the detailed content of Solana ETF Approved in Brazil: SOL Altcoins Price to Hit New ATH Against Ethereum. For more information, please follow other related articles on the PHP Chinese website!