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Cryptocurrency News Articles

Solana (SOL) and Aptos (APT) See Green Price Charts as Donald Trump Wins US Presidency

Nov 12, 2024 at 06:59 am

The rise of Solana and Aptos is a good sign. Thanks to Donald Trump's recent presidential win, the crypto community is getting more excited.

Solana (SOL) and Aptos (APT) See Green Price Charts as Donald Trump Wins US Presidency

The US presidential election has just concluded, and the victor is none other than Donald Trump, a renowned crypto enthusiast. This development has sparked optimism within the crypto community, as evidenced by the impressive performance of Solana (SOL) and Aptos (APT) tokens, which have both experienced notable price surges.

Moreover, prominent crypto analysts, such as Christiaan and Posty, have made bold price predictions for SOL and APT tokens, respectively.

Solana (SOL) Price Poised to Reach a New ATH

Currently, Solana (SOL) ranks among the top 5 cryptocurrencies. According to CoinMarketCap, the price of Solana has surged nearly 20% in the past week alone. During that period, the value of SOL fluctuated between $172 and $205. Moreover, the market cap of Solana has also experienced a significant increase, moving from $80B to a high of $96B.

notably, the crypto analyst Christiaan made a bullish Solana price prediction. Based on his X post, Solana (SOL) may soon reach a new ATH as it surged past the $200 price mark. This analysis suggests that the altcoin is expected to rise above $259.

An examination of the technicals for Solana crypto seems to support this statement. For instance, the crypto trades above its 20-day EMA of $173 and its 50-day EMA of $162, as indicated by TradingView. Furthermore, the momentum indicator for Solana currently stands at 25.48, indicating a buy signal at the moment.

With the recent Solana announcement of Coinbase launching cbBTC on Solana, the future of Solana appears bright. This integration will make more of Bitcoin’s value available within the Solana ecosystem. As a result, Solana could emerge as one of the top altcoins to watch.

Aptos (APT) Price Prediction by Analyst Targets Bold Price

Another crypto coin that has seen green on the price charts is Aptos (APT). On the one-week chart, the Aptos price surged over 5%, as per CoinMarketCap. During that period, this altcoin saw a price movement between $9.20 and $9.73.

Some experts believe that this bullish trend for Aptos (APT) will continue. For instance, Posty made a bullish Aptos price prediction. According to his X post, the Aptos crypto could reclaim $10.50 and then see a run to $13.

An analysis of the technicals for the Aptos coin also reveals bullish signs. As shown by TradingView, this altcoin is now trading above its 10-day EMA of $9.23 and its 30-day EMA of $9.14. Additionally, the 14-day RSI for Aptos is at 55, indicating the neutral zone.

In other news, Evergreen has announced the launch of its new deconstructed MMO on Aptos. This integration could enable Aptos to tap into the growing crypto gaming market. Experts foresee potentially big gains ahead for Aptos.

The State of the Crypto Space Following This Election

The rise of Solana and Aptos is a good sign. With Donald Trump’s recent presidential win, the crypto community is getting more excited. So, we could see a sustained rally across a larger market space that would bring plenty more crypto coins into the fold.

Solana (SOL), Aptos (APT), and Lunex Network (LNEX) are all promising crypto projects. While Solana and Aptos are already established in the top 50 cryptocurrencies by market cap, Lunex is a new DeFi platform that could revolutionize the way we trade crypto.

This upcoming DeFi platform is getting attention for its ability to trade crypto coins across different blockchains. Experts hint at a potential 5x surge in 2025 for LNEX as it could greatly impact the DeFi market. According to Statista, this market was projected to reach $376M in 2025, giving LNEX great long-term growth potential.

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Other articles published on Nov 14, 2024