Increased institutional investment and adoption boost SOL stability, while Cardano’s price prepares for an estimated 15% rally as 6.61 million ADA net flow value comes in. Analysts are also heavily bullish on Tradecurve, which aims to bridge the gap between centralized and decentralized finance. In this article, we explore why these are top picks for June 2023.
Solana’s Growth Potential
Solana is doing what it can to stay relevant. Despite ongoing market volatility, Solana’s price has consolidated around $21.16. Increased institutional investment and the growing adoption of SOL as a mainstream form of payment are mainly contributing to the price stability.
Recent commentary from the network’s co-founder, Raj Gokul, might have benefited the price action, as Gokul stated that he thinks Solana could become “the Apple of crypto.” By comparing it to the iPhone, Gokul believes that Apple achieved its goals solely by “relentless focus on a simple interaction that had to work perfectly.” Solana’s engineers are exactly focusing on that with the recently launched web3-focused Android smartphone, the Saga.
Development has gone so far that there is a ChatGPT plugin that lets users interact with the Solana network, and users can now use the AI to check Solana wallet balances, transfer the cryptocurrency to other accounts, and purchase NFTs directly from the ChatGPT interface.
Solana’s community remains strong, with over 2,000 developers on board working on the blockchain.
Cardano: Rally Ahead?
The recent net inflow of 6.61 million ADA brings momentum to Cardano’s price, signaling signs of a breakout. With over 34k large transactions in only two days, Cardano’s price might be set for a rally, and analysts forecast a 15% rally to the next resistance area.
Cardano’s price soared above the 50- and 100-day SMA, and that level of resistance falling indicates growing momentum. If Cardano’s bulls can sustain the buying pressure, the next target lies at $0.385, presented by the 200-day SMA, where sell pressure is to be expected.
Cardano is currently calling for speakers for their summit, saying on their twitter that “Each year leaders, entrepreneurs, & blockchain enthusiasts take the stage to discuss & explore innovative projects.” This community building is a good sign for the future of Cardano.
Tradecurve Presale Enters Stage 3
Tradecurve is set to revolutionize the trading sector with its hybrid decentralized trading platform. Tradecurve brings the advantages of DeFi to traditional systems, offering access for everyone to global markets. About 16% of all people around the globe are still unbanked and lack access to brokerage services. Tradecurve addresses this issue and eliminates borders with no KYC necessary.
TCRV is the utility token powering the platform, and TCRV holders enjoy governance rights, discounts for AI trading bots, and staking benefits. TCRV is issued on the Ethereum blockchain, and the decentralized hybrid trading platform offers spot trading for forex, commodities, cryptocurrencies, stocks, bonds, ETFs, and more.
AI-Trading bots, algorithmic trading, negative balance protection, and high leverage trading (500:1) are just some of the excellent features that Tradecurve.io provides. Paired with the easy-to-onboard solution for retail and institutional traders, Tradecurve.io offers an optimal entry point for beginners and experienced traders. Signing up at Tradecurve.io is simple; only an email address and wallet is required.
After funding your account with Bitcoin, Ethereum, BNB, or USDT, the account is ready to trade. Tradecurve provides traders with market intelligence and live pricing on thousands of global assets. With low trading fees and tight spreads, as well as fast order execution, Tradecurve provides a seamless trading experience.
Tradecurve is currently in stage 3 of the presale, and the native token TCRV is already up by 50% at $0.015. Forecasts estimate a 50x increase for TCRV in the presale period alone and a possible 100x increase after listing on major exchanges.
To find out more about the Tradecurve (TCRV) presale, please visit the links below:
Website: https://tradecurve.io/
Buy presale: https://app.tradecurve.io/sign-up
Twitter: https://twitter.com/Tradecurveapp
Telegram: https://t.me/tradecurve_official
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