Investors Shift $35M into These Cardano (ADA) Rivals as ADA Price Struggles

ADA price has been struggling below a key monthly resistance, even though it’s been green for the past four days.

Investors are shifting $35 million into Cardano rivals as ADA price struggles to break through a crucial monthly resistance.

At the time of writing, ADA price trades at $0.7660 with a 7.78% weekly gain. It's still facing a tough battle at the crucial $0.80-$0.84 resistance zone.

This monthly resistance is critical for ADA future. The price briefly jumped above this level in early March. However, it couldn't hold there, leading to a sharp rejection at the beginning of April. This rejection signals that sellers still control this zone and buyers aren't strong enough yet.

After getting rejected at $0.84, ADA has been moving sideways between $0.70 and $0.77. The candles have small bodies with long wicks, which points to market indecision. However, the last two weekly candles turned green, hinting at possible recovery.

For ADA to truly turn bullish, it needs to break and close above the $0.80-$0.84 resistance on weekly and monthly charts. A strong break with good volume could trigger a rally toward $0.95 or even $1.10.

However, if the price fails to break through this resistance and drops below the $0.70 support on the lower side, it could continue the downtrend and test the next support at $0.60.

Investors are shifting $35m+ into these Cardano rivals as ADA struggles to break crucial resistance

As Cardano's ADA price struggles to break through a crucial monthly resistance, investors are pouring money into new alternatives, with three projects alone attracting over $35 million in presale investments.

These projects—BTC Bull (BTCBULL), Solaxy (SOLX), and Meme Index (MEMEX)—offer unique features and high potential for substantial gains.

BTC Bull (BTCBULL) is presenting itself as the force pushing Bitcoin toward $1 million and beyond.

This Ethereum-based memecoin has already raised over $4 million in its presale, with tokens currently priced at $0.00243.

The project burns tokens whenever Bitcoin reaches significant price milestones, aiming to create scarcity and boost the token's value. Holders will also receive Bitcoin airdrops when BTC hits key price levels of $150,000 and $250,000, culminating in a major airdrop of 10% of all tokens when Bitcoin reaches $250,000.

Early stakers are enjoying impressive returns, with a current yearly yield of 146% being paid over two years after launch, encouraging long-term participation.

BTC Bull might see substantial price jumps in 2025 due to several factors. Bitcoin itself is expected to rise following the recent halving, while at the same time, as Bitcoin's price climbs higher, many investors will be looking for related tokens that offer more dramatic price moves.

Considering Bitcoin's high price per coin, tokens like BTCBULL provide an opportunity for early investors to participate in Bitcoin's journey with the potential for significantly larger gains.

To buy BTC Bull in its presale, follow these steps:

1. Set up an Ethereum wallet like MetaMask or Trust Wallet.

2. Buy some ETH, USDT, or BNB.

3. Connect your wallet to the BTC Bull website.

4. Enter how much you want to invest and confirm your transaction.

Next up is Solaxy, which aims to improve the Solana blockchain by resolving its congestion and scaling issues.

The project has already raised more than $28 million in its presale, with the current token price at $0.001674.

Solaxy promises faster transactions, lower fees, and better connections between Solana and Ethereum, offering seamless cross-chain compatibility. It also includes staking rewards and plans for a decentralized exchange, NFT platform, and smart contracts.

Solaxy could grow significantly in 2025 due to Solana's tendency to perform well during bull markets, which bodes well for all Solana-related projects.

As Solana's own price rises, investors will be looking for newer projects with more room for growth, especially if Solaxy manages to solve some of Solana's technical issues, making it a key player in one of crypto's fastest-growing networks.

An analyst from Alessandro De Crypto, with more than 14,000 subscribers on YouTube, predicts that Solaxy could be a 100x token.

To buy Solaxy in its presale, follow these steps:

1. Get a compatible crypto wallet like MetaMask or Trust Wallet.

2. Purchase ETH, USDT, or BNB.

3. Connect your wallet to the Solaxy website.

4. Choose your investment amount and confirm.

Finally, Meme Index aims to provide investors with a way to hold a