The post These Altcoins Gains User’s Attention While Bitcoin and Ethereum Struggle appeared first on Coinpedia Fintech News
After trading below the crucial support level of $27,000 for a couple of days, the Bitcoin price has reclaimed the levels at press time. Meanwhile, the second-largest crypto, Ethereum, also slipped below $1800, which it reclaimed during the early trading hours. Amid the bearish influence, some of the altcoins have been exhibiting acute strength and appear to be preparing for a healthy breakout very soon.
Solana (SOL)
Solana, which considered itself the Ethereum killer, has recorded a steep increase in the number of new wallets in its network. This has been a significant move as huge liquidity appears to have flown into the project, which may positively impact the price to a large extent. According to the data from the on-chain platform, Intotheblock, the number of new addresses created has surged beyond 300,000 at the moment.
The SOL price is stuck around
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