A lot is going on in the DeFi market. As veteran giants like Solana and Polkadot are back for the next bull run, many new projects are also coming up. New tokens like the IntelMarket are gaining momentum.
Solana and Polkadot have been able to maintain their supremacy over the years, even after being faced with multiple bearish conditions.
What sets the IntelMarket apart from other rising tokens is its price. It’s only $0.09.
So, how are these tokens, both new and existing, headed toward the next bull run? We have thoroughly analyzed a few cases of these tokens.
Solana’s Price Analysis
The Solana (SOL) price has been quite volatile recently, sparking numerous discussions in the DeFi market. Despite the announcement by President Donald Trump regarding SOL’s inclusion in the United States Crypto Reserve released on March 2, Solana price charts showed that SOL lost steam almost immediately after reacting positively to the news.
All eyes are now focused on the Solana price reaching the critical point of $140. Just a week ago, this price point was a solid support level. However, it is now a tough resistance barrier for SOL. If the official Solana price manages to break through this level, some analysts believe that there’s a chance it could be a fake breakout.
Other Solana price experts believe that SOL investors should expect more sideways action between $80 and $100. Ultimately, the chances of SOL reclaiming the temporary momentum it gained post-Donald Trump’s announcement are very slim, as current charts indicate a potential deeper decline in the Solana price.
Polkadot’s Rise Exploration
Like the majority of the cryptos in today’s market, Polkadot (DOT) price charts have revealed that DOT has taken a giant hit in the last seven days. As a result, DOT is trading around the $4 mark after a 6% drop. While this dip is notable, it is less severe than that of some other cryptocurrencies, as DOT has managed to stay just above the critical $3.60 support level, which it has held firmly since 2022.
Despite the downturn, two powerful forces are keeping DOT afloat. First, the excitement around a potential spot DOT exchange-traded fund (ETF), filed by Grayscale and 21Shares, has caused a lot of hope among Polkadot investors. Secondly, all eyes are on Polkadot 2.0, which is a highly anticipated network overhaul set to transform the DOT token and the Polkadot ecosystem as a whole.
DOT investors believe that these upgrades have the potential to help Polkadot skyrocket and maintain positive price trends regardless of the current bearish state of the market.
IntelMarket’s Future Predictions
IntelMarkets was created to change the DeFi trading experience by blending blockchain and AI technology to help crypto traders move beyond guesswork. The platform ensures that top-tier trading bots and real-time whale movement alerts are available to these small-time traders, enabling them to make quicker, smarter, and more profitable trades.
However, IntelMarkets is not just about better trades; it also prioritizes strong security. Its Quantum X Wallet introduces the first-ever quantum-proof crypto custody solution, which safeguards digital assets from future cyber threats. To take things even further, this wallet uses a Route X21 tool that utilizes top-notch cryptography to protect the entire IntelMarkets blockchain from the risks posed by quantum computing.
At the core of IntelMarkets’ ecosystem is the INTL token, with utility across staking, governance, and management. Currently, the token is available through IntelMarkets’ presale at just $0.092 per token. Capped at 20 billion, it acts as a key, granting users exclusive access to IntelMarkets’ product suite. Its users will gain access to AI-driven solutions designed for critical challenges in key industries and facilitate exceptional market performance for traders.
Conclusion
The market for decentralized finance is experiencing a tremendous deal of activity. A significant number of new projects are also going to be released at the same time that experienced giants such as Polkadot and Solana are returning for the next push.
Recent developments, such as the IntelMarket token, are gaining traction. It’s $0.09 token price distinguishes it from other rising tokens. Investors now have a lot to choose from; they can now invest in the crypto that best aligns with their financial goals.
