Solana’s (SOL) recent performance has become a conversational theme amongst crypto investors who are now curious to know if the self-proclaimed Ethereum killer would lead the next altcoin rally.
Meanwhile, pundits have forwarded a list of altcoins with much wider profit margins as the imminent market leg-up approaches. These coins include IntelMarkets (INTL), Sui (SUI), and NEAR Protocol (NEAR).
Let’s find out whether SOL will lead the next market leg up and if INTL, SUI, and NEAR will be better performers!
Analyst Says Solana Could Explode After Scaling $200
Carl Runefelt, a prominent crypto analyst, claims Solana could go parabolic during the ongoing crypto bull run. The analyst made this claim in an X post on September 26, 2024, highlighting factors that could bring his expectations to pass.
Notably, Carl called attention to a cup and handle pattern formation on SOL’s chart, stressing the asset’s need to break out of the pattern.
He believes that Solana scaling this pattern could launch the price above $200, which, in turn, could springboard the asset to unprecedented levels.
Currently, Solana has lost 2.59% of its market value in the last 24 hours, with the price crashing to $154.53. When the bulls return, SOL will likely rebound to the $160 region, indicating a 3.8% increase in its current price.
Expert Believes IntelMarkets Offers the Best Profit Margin
An anonymous crypto expert has spotlighted IntelMarkets among the assets with massive profit potential this cycle. The pundit considers INTL’s presale projection the tip of the iceberg, stating that the coin will achieve incredible heights after its exchange debut later this year.
IntelMarkets is a marketplace for crypto traders to interact with futures or perpetual contracts. That is, traders can bet on the potential direction an asset’s price will likely go, opening a long position for a bullish projection and a short position for a bearish prediction.
The best part is that this marketplace is built on Ethereum and Solana, allowing traders to trade on either of these chains as suitable to their choices or strategies. To improve trade outcomes, IntelMarkets offers high-end resources, such as enterprise-grade tools and access to seasoned traders’ trade setups, among others.
With less than a day left until Stage 3 of INTL’s presale, smart investors are buying the token for an incoming 50% ROI. The final stage, however, will deliver up to 511% gains as INTL rises to $0.11.
SUI Eyes $2 Resistance: All-Time High Near?
Over the past two weeks, SUI has emerged as one of the top gainers, fueled by bullish sentiments stemming from the Fed’s rate cut. Hence, market participants are monitoring the asset, anticipating a positive move.
In a recent analysis shared on X, Kong Trading revealed an active head and shoulders pattern on the SUI chart. He believes that FOMO will soon set in after the asset breaks past $2.
According to the analyst, this will be the biggest pump SUI has ever experienced. Amid this forecast, SUI is up 7.83% to $1.86.
NEAR Protocol is All Set for a 45% Price Pump
The past two weeks have been positive for NEAR Protocol as NEAR gained over 50% in value during this period. In spite of resistance ensuing at key levels, NEAR Protocol’s native token appears poised for more gains.
The chart shows that NEAR is approaching a key level that could result in a 45% rally for the coin. Moreover, NEAR’s funding rate is also positive, suggesting optimism among traders and investors.
NEAR Protocol’s NEAR is trading at $5.33, down 1.30% in the last 24 hours. With a double-bottom pattern emerging around its current price, a rally could be underway, potentially pushing NEAR Protocol’s native token by 45% to $7.47.
Why Invest in INTL, SUI, and NEAR Over SOL?
INTL, SUI, and NEAR offer incredible value propositions to investors, making them the perfect alternatives to SOL for those who can see their potential. As these coins prepare for the next market leg up, sideliners ought to join this train of movers for massive gains.
However, INTL remains the best choice for its projected gains by the end of its ongoing public presale.
