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While the Solana network is seen experiencing numerous developments, SOL whales are shifting to other investment options poised to give better gains at lower investment costs. This happens as the Solana token reaches the $176 mark. Altcoins like Avalanche (AVAX), SUI, and IntelMarkets (INTL) have garnered the attention of investors.
Santiment data indicates that on October 29, Solana's development activity increased quickly, hitting 140. This development demonstrates the network’s maturity and openness to innovation. Users may get more confident as development activities increase.
Additionally, SOL's social dominance increased substantially last week, hitting 9.17% on Tuesday. The Solana token has gained social dominance as all social media platforms are abuzz with SOL news. SOL token at $176 is becoming appealing to institutional and retail investors.
Various factors such as strong network activity, growing DeFi investments, a vibrant developer community, institutional interest, and positive market sentiment surround Solana, yet SOL whales are shifting to AVAX, SUI, and INTL due to their low cap and high ROI.
The Avalanche Foundation has announced a partnership with Visa for their recently launched Avalanche Card, a new crypto-payments solution positioned to bridge the gap between digital assets and real-world transactions.
Already launched in several Latin American and Caribbean markets, this new innovative payment card will enable users to spend their digital assets with any of the hundreds of thousands of Visa-accepting merchants worldwide.
This latest product offering will have several digital currencies, including Wrapped AVAX, USDC stablecoin, and BENQI Liquid Staked AVAX, considering users' freedom of payment choice.
The Avalanche Card website says the credit card is tied to a self-custody wallet and a unique address per asset. The description on the card indicates that activity is not reported to the credit bureaus. This AVAX card has helped the Avalanche network gain traction, making it an enticing investment.
The world’s largest parallel MPC network, Ika (formerly known as dWallet Network), has announced its official launch on SUI, a layer 1 blockchain platform celebrated for its rapid transaction speeds and scalable smart contract capabilities.
The strategic launch of Ika on SUI unlocks the potential to program over $2 trillion in digital assets through the SUI network, marking a transformative milestone for the layer 1 platform. This development aligns with the SUI Foundation’s vision for the ecosystem, as Jameel Khalfan, Head of Ecosystem Development at Sui Foundation articulated: “Ika’s wide variety of use cases represents incredible potential for the Sui ecosystem.”
With Ika, the SUI platform gains a critical layer of security and interoperability, positioning it as a frontrunner in the competitive landscape of blockchain innovation, and attracting more investors.
Ika’s alpha testnet is now live on SUI, allowing developers and early adopters to explore its unique capabilities and provide valuable feedback ahead of the mainnet launch slated for December. This testnet phase ensures robust performance and scalability further attracting SOL whales.
The new AI platform, IntelMarkets (INTL) has a lot of potential for expansion. The AI-powered coin is currently in its presale phase, giving investors a chance to get in on what has been heralded as the crypto trading industry's future.
At a competitive price of $0.036 per token, the INTL token is currently in its fourth presale stage. One of the main draws is its inexpensive cost, which helped generate over $1.6 million in investment in a matter of weeks. In the meantime, leading analysts anticipate a 45x increase before the year is out, making it one of the top coins to buy along with Avalanche (AVAX) and SUI.
Adding to its bullish outlook is its AI-powered trading platform, on course to reshape the $264 billion crypto trading scene. By using AI at every level, its trading robots will provide customers with access to top-notch trading methods and be able to quickly analyze large amounts of data from many sources. It is ready for uptake and expansion thanks to a variety of cutting-edge real-time processing tools that enhance trade performance.
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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