Solana Mobile, a unit of the Solana Lab, has introduced the second edition of its mobile phone. The new version, called Solana Seeker, will be launched in the middle of 2025. In other news, an unknown whale has moved over 18 million XRP to Bitstamp, a move which many believe will be followed by a massive dump.
Meanwhile, analysts have discovered a new ICO that could give investors 10x gains in the coming months. The new project, IntelMarkets, seeks to revolutionize crypto trading by giving traders access to sophisticated trading tools and AI technology.
Solana (SOL) To Launch Solana Seeker in Mid-2025
Solana Mobile has announced the second version of its Solana Saga phone called Solana Seeker. This new device, an improved version with better features, was introduced at the Token 2049 conference on Thursday. The team said that the new Solana phone would enter the market by the middle of 2025.
In other news, the Solana coin is still trading below the 50-SMA ($142.22) and 200-SMA ($146.21), a sign of bearish sentiment in the market. Its market cap has been consolidating between $55 billion and $75 billion in the past month.
Given the poor price movement from the Solana token in the past month, traders are no longer sure if the cryptocurrency can reach the $200 mark this year.
Besides, the 14-day RSI of the altcoin has dropped below the 50 mark and could reach the oversold region in the coming months. Still, Coincodex forecasts that the Solana price could increase to $158.80 in the next few weeks.
Unknown Whale Moves 18,030,000 Ripple (XRP) To Bitstamp
According to the blockchain transaction tracker Whale Alert, a Ripple (XRP) whale transferred 18.03 million tokens, valued at $103.9 million, to the Bitstamp exchange. This is an addition to the series of whale transfers to exchanges in the past month.
Despite these large transactions to exchanges, the Ripple coin price is still above the 50-Day SMA ($0.565631) and 200-Day SMA ($0.54798). It is among the top altcoins in the crypto market, having recorded 16 green days in the past month.
TradingView’s technical indicators show Ripple XRP is trading above the 50-day and 200-Day SMAs, a sign bulls are in control of the market. Also, the VWMA (10) is giving a buy signal. Analysts are optimistic about the Ripple coin. AltstreetBet says the value of the cryptocurrency could surge above the $1 mark this year.
Investors and Traders Excited About IntelMarkets’ Trading Platform
IntelMarkets (INTL) is now emerging as one of the top new ICOs in the crypto market. IntelMarkets’ ongoing presale has been a massive success; it raised more than $370k and might reach $500k by the end of this month. Many investors and traders are looking forward to IntelMarkets’ upcoming AI trading platform and what it has to offer.
According to Statista, the AI market should grow up to $826B by 2030. IntelMarkets’ goal is to capitalize on this growth to raise the value of its upcoming trading platform. This project is going to present the first AI-based smart trading platform.
With this technology, people can use automated trading bot systems, which are capable of learning from their own mistakes and adapting to market trends. There are also other tools like copy trading which traders can use to mimic the trades of experts.
Other advantages IntelMarkets will offer include fast trades, low fees, security, 1000x leverage for more profits, and access to trading tools like customized indicators and advanced charting software.
Why Ripple Investors Are Moving To IntelMarkets
Due to the bearish nature of the cryptocurrency market, some Ripple investors have been diversifying their holdings to promising projects like IntelMarkets. Analysts forecast the price of this new DeFi coin could increase by 10x in the coming months. Such potential for gains makes IntelMarkets a top crypto to invest in right now.
Discover More About Intel Markets:
- Presale: https://intelmarketspresale.com/
- Telegram: https://t.me/IntelMarketsOfficial
- Twitter: https://x.com/intel_markets