#SolanaUSTD #ETH🔥🔥🔥🔥 #bitcoin☀️

UPTOBER Rally will continue this year !!!

In the middle of geopolitical issues, the crypto market has been in a bearish run, with top altcoins such as Solana (SOL) and Cardano (ADA) registering losses. But, investors are not holding back and are looking for the next big thing.

With increasing positivity around the potential “Uptober” rally, investors are going hard on a new 10x coin called IntelMarkets. Analysts have tagged it the best cryptocurrency to buy now during the bear market. They say it could see massive returns when the market starts improving.

Financial institutions favour Solana over Ethereum, Sygnum Bank report reveals

Recently, Sygnum Bank pointed out in its report that more and more financial institutions decided to switch from Ethereum to Solana, citing the issue of high scalability. Besides, many financial institutions have shown interest in the Solana network.

Visa is using it for USDC settlements, and Franklin Templeton intends to launch a mutual fund within the Solana ecosystem. In other news, the Solana coin has witnessed a massive downtrend.

According to data from CoinMarketCap, the value of the cryptocurrency has dipped 11% on the weekly chart. Solana crypto is not trading below the 50-SMA ($142.31) and 200-SMA ($146.75). Looking ahead, analysts are hoping the downturn will stop, and SOL will return to the $150 level.