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    Home - News - Will Solana Skyrocket to $1000? What to Expect in Incoming Bull Run
    News

    Will Solana Skyrocket to $1000? What to Expect in Incoming Bull Run

    Sandeep JadhavBy Sandeep JadhavJuly 18, 20245 Mins Read
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    Will Solana Skyrocket to $1000 What to Expect in Incoming Bull Run
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    The crypto market remains steady, poised for the next big move. Despite the calm, many altcoins are at enticing entry points, hinting at imminent surges. Solana, in particular, has caught the eye of many investors. With its strong performance and innovative technology, speculations are rife about its potential to reach $1000 in the next bull run.

    This article delves into the current state of the market and explores the factors that might drive Solana and other promising coins to new heights. Discover which assets are primed for explosive growth and why this might be the perfect moment to invest.

    BlastUP Releases Blastbox V2: a Treasure Trove Full of Perks

    Fresh off raising $8 million in its presale, BlastUP, the top launchpad on Blast, introduces another opportunity to get $BLASTUP tokens at the presale price with the launch of Blastbox V2. This loot box is a treasure chest brimming with perks, including $BLASTUP tokens and Booster Points. Buying BLASTUP tokens ahead of TGE offers a chance to make a smart investment, as experts are predicting potential returns of up to 1000%.

    Blastbox V2 offers more than just valuable assets; it’s a gateway to exclusive privileges on BlastUP. Owners enjoy benefits such as NFT and token airdrops, membership in the BlastUP Club, and priority access to IDOs.

    Discover the Full Potential of Blastbox V2

    Obtaining Blastbox V2 is your last chance to secure early access to BlastUP at the best price. This launchpad is rapidly emerging as a powerhouse in the Blast blockchain, already making waves with four successful IDOs.

    If you are still searching for the next big crypto treasure, look no further. With only 9999 Blastboxes V2 available at launch and packed with unmatched utility, these rare loot boxes are poised to fly off the shelves.

    Grab Your Blastbox V2 Now, Before They’re All Gone!

    Bulls Eye Strong Potential for Solana (SOL) Recovery

    Solana’s price is currently ranging between $134.38 and $154.92. Despite a slight dip, the bullish patterns from 2021 suggest strong potential for growth. With the RSI at 52.42, there’s still room for upward momentum. If SOL breaks past the $162.06 resistance level, it could target the next at $182.60, a potential gain of about 18%. Recent price changes show a healthy 12.1% bump over the week and an impressive 70.12% rise in six months. The recent positive movement indicates that bulls may overpower bears soon, pushing prices higher. This promising setup mirrors past trends and hints at continued strong performance for Solana.

    Aptos (APT) Shows Promise Amid Market Fluctuations

    Despite recent market dumps, Aptos (APT) is showing resilience with a current price range between $5.74 and $7.12. While bears might seem dominant, the Relative Strength Index (RSI) at 37.14 suggests that the token is nearing oversold territory, hinting at a potential bull move. If APT can break the nearest resistance level of $7.61, it could easily target the second resistance at $8.99, representing a possible gain of about fifty percent from its lower range. The recent 13.38% price increase in a week also inspires confidence. With bullish patterns reminiscent of 2021, Aptos seems poised for a significant uptick as altcoin season approaches.

    Polygon (MATIC) Shows Signs of Life Amidst Bearish Pressures

    Polygon (MATIC) is currently priced between $0.48 and $0.56. The bears appear weak, with the nearest resistance level at $0.58, a critical threshold. Despite recent dips, positive signs exist. The 10-day and 100-day simple moving averages both align at $0.54, showing stability. A potential rise to the second resistance level at $0.66 could yield about a 16% gain. The Relative Strength Index (RSI) at 35.20 and the Stochastic at 11.76 indicate that MATIC is oversold, suggesting a bullish reversal could be imminent. If momentum builds, breaking above $0.66 could see even higher targets, hinting at a potential rise above 37%.

    Optimism (OP) Shows Promise Despite Market Lows: Bulls Ready to Charge

    Optimism (OP) is currently trading between $1.47 and $1.98, showing some resilience. Despite recent dips, the token has shown a price increase of over 7% in the past week. The nearest resistance at $2.16 is within striking distance. If bullish momentum picks up, OP could break past this level, aiming for the next target of $2.66, a potential rise of around 45%. The Relative Strength Index (RSI) and Stochastic indicators suggest there’s room for upward movement. With a recent uptick and solid support at $1.15, Optimism may well be gearing up for a significant run, echoing patterns seen in the 2021 bull market.

    Conclusion

    In the ongoing bull run, SOL has shown moderate growth potential in the short term. Other coins like APT, MATIC, and OP also demonstrate less immediate potential. However, BLASTUP stands out due to its innovative concept and its inclusion in the Blast ecosystem. This unique positioning offers significant promise and makes it a key player to watch closely.

    Site: https://blastup.io/

    Twitter: https://twitter.com/Blastup_io

    Discord: https://discord.gg/5Kc3nDhqVW

    Telegram: https://t.me/blastup_io

    Also Read: July Altcoin Picks: Cryptos to Watch for Impressive Returns

    Disclaimer and Risk Warning

    This article is a sponsored press release meant solely for informational purposes. OvenAdd neither endorses nor takes responsibility for the content, quality, products, advertising, or accuracy of any materials within this article. The views expressed do not represent those of OvenAdd and should not be considered legal, tax, investment, or financial advice. Readers are advised to conduct their own research before making any significant decisions.

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    Sandeep Jadhav
    • X (Twitter)

    Sandeep got into crypto in 2018 by trading and investing. He began writing about cryptocurrency and blockchain technology in 2020 and now serves as OvenAdd Editor-in-Chief. He has managed numerous crypto-related projects and is passionate about all things cryptocurrency, blockchain, and NFTs.

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