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Cryptocurrency News Articles

The cryptocurrency prices have shown signs of recovery after weeks of corrections

Mar 01, 2025 at 05:28 pm

The total market capitalization has reached $2.81 trillion, reflecting a 7.15% daily increase. The crypto market trends

The cryptocurrency market has seen signs of recovery after weeks of corrections, with the total market capitalization reaching $2.81 trillion, reflecting a 7.15% daily increase. As the crypto market trends continue, four altcoins could see significant surges, offering potential returns that might turn a $500 stake into $50,000.

Solana (SOL)

Solana (SOL), a layer one altcoin, has seen notable momentum over the past year. After dropping to $131 on February 25, marking a five-month low, SOL has since experienced a recovery after a week.

This follows other broader crypto markets seeing a rebound, with BTC surging by 10% in the past 24-hours. SOL has overcome the $140 support line in its current market position. SOL price experienced a 10% increase throughout the previous 24-hour period.

Experts anticipate substantial cryptocurrency value appreciation while SOL represents a top altcoin position that will be significant during 2025. According to CoinGlass, the SOL derivatives market is showing positive momentum.

The volume of trades has surged by 12%, reaching $14.86 billion. Open interest has also climbed by 9%, now at $4.50 billion. This increase suggests growing market interest and may have a bullish impact on Solana’s price, signaling a potential rise in demand and future value.

Solana price is showing signs of recovery as it trades above the Fib level of 0.382. The recent price action suggests that SOL is preparing for a stronger push in the coming days.

If the bulls manage to break the resistance at $150, we can expect to see a continuation of the uptrend towards the Fib level of 0.5, located at $178. However, if the bears manage to break the support at $140, we can expect to see a continuation of the downtrend towards the Fib level of 0.236, located at $124.

The TD Sequential indicator on the 4-hour chart has spotted a possible sell signal, but it might be best to wait for confirmation from the price action.

Pi Network (PI)

Pi Network (PI) has hit the news headlines recently, especially following its mainnet launch. The cryptocurrency reached an all-time high (ATH) and is now one step closer to Binance. A recent vote on the exchange saw 192k Binance users voting for the listing, compared to 29k against, marking an impressive 86.6% vote in favor.

This outcome will likely lead to Pi being included in the KYB list, an essential step for any cryptocurrency to be listed on Binance. As for the price prediction for March 2025, if Pi reaches the price target of $3, those who invested $500 at the beginning of 2024 could potentially see their investment increase to $50,000.

However, it’s crucial to remember that cryptocurrency prices are extremely volatile and such a scenario might not come to pass.

Dogecoin (DOGE)

The Dogecoin (DOGE) currency showed a major price recovery during a recent period of market adjustments. In the recent 24 hours, Dogecoin (DOGE) experienced a 10.90% price increase which brought its value to $0.2044.

This price surge follows a period of decline for DOGE, which dropped to a three-month low of $0.50 on February 28. However, the cryptocurrency managed to recover and now trades at a higher price compared to the previous day.

This price increase might be linked to speculation surrounding a potential DOGE ETF, which could be approved by March 1, 2025. A recent report by Blockware Solutions focused on the possibility of an ETF and the subsequent price impact on the cryptocurrency.

The crypto expert Ali observes DOGE price maintaining its position above key support areas that suggest further price increases next week.

Dogecoin’s price outlook for the upcoming weeks is favorable, given the current signs of market recovery. Cryptocurrencies price predictions suggest that altcoins like DOGE could see substantial increases before March 31, 2025.

Cardano (ADA)

Among the promising cryptocurrencies to keep an eye on is Cardano (ADA), a proof-of-stake blockchain platform. At the time of writing the ADA price is $0.6415, having risen by 8% in the past 24 hours.

Recently, ADA hit a support level at $0.57 price point before seeing a rebound. As the market trends continue, analytical experts predict ADA will reach the $1 price target in the near future.

The TD Sequential indicator on the hourly chart has spotted possible buying signals that support additional

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Other articles published on Mar 01, 2025