"Fulamak is not ordinary, when the price of BTC goes up, the others also follow."
Without realizing it, the price of currency crypto Solana (SOL) quickly climbed up to $105 earlier this morning from $93 on February 6, 2024 to outperform the biggest digital asset Bitcoin (BTC) this week.
This is because SOL has given important announcement regarding pre-orders for their second release of blockchain phone called Solana Mobile and as of last Thursday, SOL received 85,000 pre-orders.
So here it can be seen that SOL is capable continue the rise to $117.03 if the price can break above $107.12, but if it fails then the digital asset could fall back below $90.79 or more.
Besides SOL, Cardano (ADA) also saw a significant rise driven by positive digital asset sector trends plus there are top crypto analysts It was Ali Martinez who hinted at the price increase.
According to Martinez, there is need to maintain its position above $0.53 to target the next price at $0.68 and this has sparked confidence among ADA investors as they like to closely monitor price movements in anticipation of potential profits.
Like to be informed that there is SOMEONE watching 11.25% increase in Open Interest at $86.12 million has shown confident sentiment about the future prospects of ADA is increasing while ADA Futures Open Interest gained 12.05% at $335.35 million.
As of this writing, SOL price has surged by 2.89% to $105.27 in the last 24 hours with a market capitalization of $45 billion then recorded a 5.82% increase over the last week.
While ADA gained 5.14% at the level of $0.53 in the last 24 hours with a market capital of $19 billion and climbed 5.58% in the last seven days.
