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Cryptocurrency News Articles

IntelMarkets (INTL) Gains Traction with Rapid Ascent in Presale Stage as Investors Choose SOL and INTL Tokens over XRP

Jan 26, 2025 at 12:00 am

Solana's price actions have been highly impressive in this bull run, with the SOL token creating a massive buying frenzy in the crypto realm.

IntelMarkets (INTL) Gains Traction with Rapid Ascent in Presale Stage as Investors Choose SOL and INTL Tokens over XRP

Solana price has surged past $255 in the last 24 hours, extending its weekly gains to 35%. The token’s bullish performance is being driven by several factors, including the launch of TRUMP and MELANIA meme coins on the Solana network.

Solana price soars on meme coin launches, INTL presale gains momentum over XRP in bull run

Solana price has surged past $255 in the last 24 hours, extending its weekly gains to 35%. The token’s bullish performance is being driven by several factors, including the launch of TRUMP and MELANIA meme coins on the Solana network.

Solana price is surging as the network activity booms with meme coins

Solana price has surged past $255, extending its weekly gains to 35%, thanks to heightened network activity from the launch of TRUMP and MELANIA meme coins.

As per recent data from Dune Analytics, there’s a sharp surge in daily transactions on the Solana blockchain, climbing from 45,881 on January 17 to January 19. The increase comes amid a memecoin frenzy, signaling a broader revival in network activity.

According to data from DefiLlama, Solana’s total value locked (TVL) reached an all-time high of $12 billion on January 20. As of January 22, the TVL stands at $11.8 billion, reflecting a 212% increase over the past seven days.

Solana ETF filings continue as traders anticipate approval

The total number of filings for the spot SOL ETF has been on the rise over the past two months. On Tuesday, January 21, REX Shares submitted its filing for a SOL ETF, joining other asset managers including Grayscale, VanEck, 21Shares, Canary Capital, and Bitwise.

The anticipation of this approval has triggered a strong surge in the Solana price rally. As per the decentralized prediction platform Polymarket, there’s a 92% probability of approval in 2025.

A last call against Ripple and XRP amid SEC vs. XRP!

Better Markets has filed a brief with the Second Circuit Court of Appeals, making a last-ditch effort to overturn the district court’s decision in the SEC vs. XRP case.

The brief challenges the district court’s understanding of the economic realities surrounding Ripple’s token sales, particularly the influence of Ripple’s marketing and promotional efforts on investor expectations.

The brief notes, “Ripple conducted a sales campaign through a wide variety of primers, brochures, market reports, public interviews, press conferences, and social media platforms…Most were publicly disseminated or publicly available.”

The organization also criticizes the district court’s assumption about the sophistication of retail investors, stating, “The district court’s dim view of retail investors ignores modern-day economic realities…Many retail investors are exposed to new investment offerings and trends through social media platforms that promoters increasingly rely on to attract investors’ funds.”

The brief starkly warns of the implications for investor protection if the district court’s decision stands, highlighting the potential for widespread predation in the crypto securities market, which would disproportionately affect less sophisticated retail investors.

Better Markets argues, “Without jurisdiction over these types of securities, the SEC will lose its ability to protect these two classes of investors—those who trade on exchanges and those who lack sophistication—from the widespread predations in the crypto securities markets.”

However, it is highly questionable whether the letter will have any significance at all. The acting Chair of the US Securities and Exchange Commission (SEC) has sparked speculation about a potential resolution to the SEC’s lawsuit against XRP under Uyeda’s interim leadership.

Notably, the SEC has scheduled a closed-door meeting under Uyeda’s leadership for today, January 23, which further fueled speculation on the future of XRP’s legal case. Rumors suggest that the SEC’s upcoming meetings could address settlement possibilities, potentially impacting Ripple’s legal trajectory.

IntelMarkets (INTL): The AI crypto powerhouse

IntelMarkets is pioneering the integration of artificial intelligence with blockchain and decentralized finance (DeFi). Its revolutionary approach is disrupting the $36 billion crypto trading market by introducing AI-powered trading bots and an AI-driven blockchain.

Key highlights include the platform’s explosive growth, advanced technology, and investor confidence. INTL has surged from $0.073 to $0.082, achieving an 800% gain over recent months.

Leveraging AI at every level, IntelMarkets offers cutting-edge solutions for automated and efficient trading. With over $7.3 million raised during its ICO, INTL has captured the attention of both institutional and retail investors.

At just $0.082 in the ninth stage of its ICO, IntelMarkets is approaching Tier-1 exchange listings, including Binance and Unis

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Other articles published on Jan 27, 2025