The Solana price had dropped back to the $180 range, while the price of Tron has managed to hold steady at the $0.3500 range. As the crypto market faces a major correction, Solana and Tron holders have been exploring more bullish alternatives.
Unilabs (UNIL) has been on top of the list, attracting investors with its platform that uses AI to help investors find the best cryptos to buy. More than $13.9 million has been poured into the Unilabs cryptocurrency ICO, leading to its price pump to $0.0108.
Solana (SOL) Recovers Above $180, With Mega Rally in Sight
After the Solana price faced rejection at the $210 resistance last week, the altcoin price proceeded to fall as low as $175. However, info from CMC now shows that the price of Solana is attempting a comeback and has now crossed back above the critical support level at $180.
The popular pseudonymous crypto analyst, LordOfAlts, has opined that Solana is now in a rebound situation. The Solana price chart shared by the analyst suggests that bulls will push hard soon after the altcoin just hits its support level to kickstart the next major rally.
LordOfAlts further explained that the Solana price has been forming higher lows, showing that buyers are still in control. According to the analyst, after the Solana price breaks above the resistance level at $210 with very strong volume, we can expect a mega run.
Based on his prediction, the Solana price could rally to $275 for a new all-time high. However, for this to happen, bulls must keep the Solana price above the $176-$200 range to avoid a collapse of its bullish structure.
Tron (TRX) Defends $0.3500, Seeks To Extend Rally
Tron (TRX) has been on a bullish streak, and this led to the coin hit a high of $0.359 last Friday. This culminated in an eight-week-long rally that saw the Tron price increase by more than 35% to record a new yearly high. However, like SOL, the Tron price recorded a brief retracement.
The Tron price held strong, defending the support level at $0.3500 and looks to extend its rally. On-chain metrics paint a bullish picture for the potential Tron price rally, with the number of transactions on the network surpassing 11.1 billion and TRX open interest hitting record levels.
The CoinGlass futures OI data of Tron shows that it has been growing steadily since July and recently reached the record mark of about $610.47 million. Increasing OI indicates an entry of new or additional money into the market and new purchases, which may help kick off the current price rally of TRX.
Based on the growing network activity and on-chain metrics, Altcoinpedia has predicted that the Tron price could rally to new highs if it has a decisive break above the $0.35 and $0.37 resistance levels. According to the analyst, the first Tron coin price target is at $0.40 to $0.45. Nevertheless, by the year 2026-2027, the analyst is convinced that the price of Tron can reach $2.
Investors Jump Into Unilabs (UNIL) To Maximize Returns With Better Opportunities
The global AI in the asset management market is growing at a breathtaking rate and is projected to grow at a CAGR of 23.76% and hit $38.94 billion by 2034. Unilabs (UNIL), with more than $30 million in AUM, is one of the new DeFi projects experts believe will be central to this trend.
Unilabs is an asset management DeFi system supported by AI. Its main differentiator is the ability to bring institutional-grade investment products to the common investor to help them earn more. The engine that powers the Unilabs platform also tracks on-chain activity, social sentiment, and the movement of largewallets.
It does this to find the best crypto investment opportunities and automatically balances the portfolios of all Unilabs users accordingly to help them earn maximum returns.
The Unilabs team of expert investors and engineers has put together these tools to ensure that all retail investors on the platform get to enjoy ventures that were previously reserved for institutional investors.
Unilabs crypto ICO has proven to be a white-hot success, as its platform has already profited thousands of investors. Unilabs has already seen more than $13.9 million in presale funding and $UNIL has jumped to trade at $0.0108.
Why Investors Choose UNIL to Top Altcoins SOL and TRX
Solana and Tron are definitely among the top crypto coins in the market, but investors recently have chosen UNIL over them. This is because of how much profit the Unilabs platform can help the average investor make over Tron and Solana. If Unilabs can capture only 5% of the AI in the asset management market, analysts believe that $UNIL can soar to $1, making it one of the top altcoins to watch.
Find out more about the Unilabs (UNIL) Presale Today:
Website: https://unilabs.finance/
Telegram: https://t.me/unilabsofficial
This article is not intended as financial advice. Educational purposes only.
Source: https://blockchainreporter.net/dont-miss-out-on-this-new-defi-project-that-solana-and-tron-holders-have-poured-in-more-than-13-9-million-into/