Could This Cryptocurrency Eclipse Solana (SOL) and Ethereum (ETH) in the Next Bull Market?
The post Could This Cryptocurrency Eclipse Solana (SOL) and Ethereum (ETH) in the Next Bull Market? appeared first on Coinpedia Fintech News
Solana (SOL) and Ethereum (ETH) are the largest names in the cryptocurrency world. With the next bull cycle here, investors are keen on taking positions in these two top altcoins to ensure they don’t miss out on potential gains. For those who feel as though the likes of ETH are too far from their reach, experts are recommending VC Spectra (SPCT).
They believe the new project has more room to grow, thus guaranteeing investors even higher returns. Let’s explore why VC Spectra (SPCT) has the potential to outshine Solana (SOL) and Ethereum (ETH).
Summary
- Solana keeps growing in strength thanks to exciting ecosystem developments.
- Ethereum appears primed to grow further in the next few months.
- Experts tip VC Spectra to outperform ETH and SOL in the next few years.
Positive Solana News Fueling The SOL Crypto Price
The SOL crypto price is enjoying a sustained uptrend thanks to a combination of factors. Solana (SOL) is up 235% over the past two months, making it one of the best altcoins performance-wise right now. According to Austin Federa, Solana Foundation Head of Strategy, the SOL crypto price is benefiting from various ecosystem developments the platform has undertaken this year.
Federa adds that individuals have slowly begun to notice the Solana technology, which allows for the building of various projects that aren’t possible on other blockchain protocols. Solana (SOL) recently managed to break past the $48 resistance level and is using it as support as it aims for the next resistance at $77.66.
If Solana (SOL) is successful, the next level lies at $126.90. Based on the recent uptrend, Solana (SOL) appears well poised to breach the level in the next month.
Ethereum Prediction: Can ETH Keep Rising?
Ethereum (ETH) remains one of the best cryptocurrency projects around. It’s well-respected thanks to its great utility and the value it offers the crypto ecosystem. Thanks to this utility, ETH is seen as one of the must-have assets in any investor’s portfolio.
Over the past month, ETH has grown by over 39%, breaking the $2,000 barrier for the first time in 3 months. Now investors can’t help but wonder: how high can Ethereum go?
This Ethereum prediction seeks to answer this question by studying how ETH has performed in the past. A closer look at the charts reveals Ethereum (ETH) faces a major resistance at the $2,165 level. The price appears to have pulled back before even testing the barrier as the uptrend loses momentum.
A significant support awaits Ethereum (ETH) at the $1,839 level. This Ethereum prediction sees the price of ETH bouncing off the support level before resuming its ascend to greater heights. The indicators appear to agree with this Ethereum (ETH) analysis, as the MACD is about to cross the signal line while the ADX shows the uptrend is still on.
Also, there is plenty of positive news surrounding Ethereum (ETH), which can continue to fuel the growth of the altcoin. For instance, Vitalik Buterin mentioned a revisit of Plasma, a layer two scaling solution for Ethereum (ETH) that he believes is underrated and shouldn’t be forgotten.
VC Spectra (SPCT) Incredible Upside Makes It More Appealing To Investors
Decentralized hedge fund VC Spectra (SPCT) is well poised to outperform the more established top altcoins after an incredible debut year. VC Spectra (SPCT) is already running its presale, which is in its fourth stage, where first-stage investors have already made a 725% ROI.
Experts see VC Spectra (SPCT) as an ideal investment compared to Solana and Ethereum because its price has more room to grow. Currently priced at $0.066, SPCT has plenty of room to increase.
Also, the fact that the token is scheduled for listing on major exchanges once the presale stage is over makes SPCT perfect for investors who want to catch its upside from the start. Imagine if VC Spectra (SPCT) goes on to reach the $2,000 level ETH is trading at. A $100 investment in the altcoin today can turn one into a millionaire.
The fact that SPCT has a deflationary mechanism in place also adds to its appeal, as the price will only grow with time as supply decreases. Not to mention VC Spectra’s utility in easing crypto investing and trading for its users, and you see why experts are convinced this project will outperform ETH and SOL sooner rather than later.
Learn more about VC Spectra (SPCT) and its presale:
Telegram: https://t.me/VCSpectra
