Tuesday, 27 February 2024

Crypto News

Didn’t catch Solana and Cardano’s rise? The RBLZ presale might be your next big opportunity

Didn’t catch Solana and Cardano’s rise? The RBLZ presale might be your next big opportunity

  • Solana (SOL) gained as Kamino hinted at airdrop following the launch of the JTO token. 
  • Cardano (ADA) surged by 31.7% after Binance added new pairs. 
  • Rebel Satoshi (RBLZ) leads the top ICO list with the potential of 150% gain. 

Solana (SOL) protocol Kamino is eyeing airdrop after Jito’s token goes live. Meanwhile, Cardano (ADA) is also in the news as Binance adds new trading pairs. Rebel Satoshi (RBLZ), a new meme coin, is one of the altcoins to watch for massive gains as it breaks records in its presale. 

Let’s learn more about the latest SOL and ADA news and find out whether $RBLZ is worth the hype or not!

SOL price increases by 20.9% as Kamino hints at airdrop

On December 7, 2023, Solana’s fastest-growing DeFi protocol, Kamino Finance, announced that it would be launching a points program.

The move hints towards a future Kamino token airdrop. So far, 2023 has proven to be a good year for Solana and its related projects. 

SOL, the native token from Solana, has also improved in price after the announcement from Kamino. On December 7, SOL was trading at $61.87. After the news, SOL gained 20.9% in value to reach $74.84 on December 11. So, is SOL the right crypto to buy now?

Solana price prediction suggests that SOL could trade at $127.82 by the end of the year if the market sentiments turn bullish. However, Solana is not immune to the volatility of the crypto market. So, if the market turns bearish, Solana will be trading at $106.18 per SOL by the end of 2024. 

ADA surges as Binance adds new trading pairs for Cardano

On December 8, Binance announced multiple updates, including the addition of new trading pairs on the platform.

One such pair is ADA/FDUSD, which is added to the margin trading options on Binance. The news was welcomed by ADA traders and the Cardano community as a whole. 

After the announcement from Binance, Cardano’s native token gained 31.7% in value. ADA went from trading at $0.4536 on December 8 to $0.5976 on December 11.

Cardano’s price prediction for 2024 suggests a further increase in the price of ADA. If the market turns bullish, Cardano will be trading at $1.04 per ADA by the end of 2024. 

However, if bearish signals affect the price of Cardano, ADA will be trading at $0.8454 by the end of 2024.

Although margin trading is risky, Binance’s decision to add the ADA/FUSD pair has helped…

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