Avalanche (AVAX) whales have boldly invested $1.7 million into IntelMarkets (INTL) as confidence in AI-driven trading surges. Meanwhile, the Cardano price is struggling to maintain the $0.90 level, with ADA facing increased market pressure. As IntelMarkets continues its rapid expansion, fueled by institutional interest and cutting-edge AI technology, INTL’s growth potential remains undeniable, positioning it as a rising powerhouse in crypto trading.
Avalanche Price Holds Strong as AVAX Prepares for Major Surge
The Avalanche price is trading near its $30 support, with AVAX priced at $33.26. The altcoin has faced a minor 3% dip on the daily charts, while weekly and monthly charts report a 9% decline.
Despite the downturn, the AVAX community remains optimistic, thanks to Avalanche’s strategic collaborations. A recent partnership with DYOR has cut transaction fees by 96%, making blockchain transactions more affordable. Additionally, Avalanche’s collaboration with AWS has led to significant cost reductions and expansion, fueling investor confidence. The high “Greed” index score of 75 indicates growing bullish sentiment.
Analysts are bullish on AVAX’s future and predict the Avalanche price will hit $100 by the end of 2025.
Cardano Price Holds Steady as Binance Suspends ADA Deposits for Hard Fork
A recent ADA update from Binance stated that deposits and withdrawals on the Cardano network would pause on January 29, 2025. This move comes ahead of the Plomin hard fork, a crucial upgrade designed to enhance Cardano’s governance framework.
The Plomin hard fork is the second phase of the Chang upgrade, renamed in honor of Cardano community contributor Matthew Plomin. While deposits and withdrawals will pause, trading on Binance will continue without interruption. The suspension will continue till the upgrade is finished and the network is stable.
The Cardano price sits at $0.93, down 3% over the past twenty-four hours. Nevertheless, analysts remain bullish and expect ADA to reach $7 by September, fueled by these new network advances.
IntelMarkets: AI-Powered Trading Revolutionizing Crypto Markets
IntelMarkets (INTL) is tackling a major issue in crypto trading by making enterprise-level AI tools accessible to all traders. The platform’s Intelli-M trading system, trained on over 300,000 data points, surpasses traditional analysis methods by accurately detecting intricate data associations and forecasting market price shifts. It also tracks market sentiment, offering traders a comprehensive edge.
IntelMarkets sources data from top crypto price feeds, on-chain analytics, social media sentiment, and news. AI algorithms then aggregate and process this information, decoding patterns and pinpointing trading opportunities.
A game-changer in the space, IntelMarkets has introduced the first decentralized intelligence marketplace, enabling traders to buy, sell, and exchange advanced AI agents used by institutional traders. Unlike conventional exchanges built on a single blockchain, IntelMarkets operates on Solana and Ethereum. This dual-chain flexibility allows users to choose between Ethereum’s liquidity and deep DeFi ecosystem or Solana’s speed and low transaction costs.
Security remains a top priority, especially with the rise of quantum computing threats. IntelMarkets’ Route X21 project delivers quantum-proof security protocols backed by a $1 million blockchain security grant, ensuring robust protection for traders’ assets.
With over $7.7 million raised in its ongoing ICO, INTL has surged 810% to its current price of $0.082455. As the project nears its official launch, analysts predict INTL will hit $1 soon.
To learn more about the IntelMarkets platform, visit the presale or Join the INTL community on Telegram.
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Source: https://thenewscrypto.com/avax-whales-pour-1-7m-into-intelmarkets-while-cardano-struggles-to-hold-0-90/