Bitcoin (BTC) crossed $66,000 this week, inching closer to flipping the $70,000 resistance. As expected, altcoins are gaining traction as sentiment turns bullish. In the spotlight is AI altcoin IntelMarkets (INTL), exploding in presale and overshadowing Solana (SOL) gains.

This new player stands at the crossroads of AI and DeFi, hailed as the future of crypto trading. As the presale sells out fast at a record pace, it has been tipped to overtake Cardano (ADA), placing it on the list of new DeFi projects to watch out for.

IntelMarkets (INTL): The Future of Crypto Trading at Huge Discounts

IntelMarkets (INTL), the latest player at the intersection of artificial intelligence and DeFi, basks in the spotlight. Besides its bullish narrative, it boasts staggering upside potential, making it an investor favorite. In just a few weeks since the presale launched, over $1.1 million has been raised, highlighting growing interest and confidence.

The ICO is currently selling out fast in the third stage, heavily discounted at $0.027 per token. Industry experts believe this is the floor, with explosive growth on the cards after listing on Tier-1 exchanges. According to forecasts, it is on track for a timely 50x growth, poised to outperform Solana (SOL) and Cardano (ADA).

Also driving interest and putting it in the spotlight is its impending transformation of the $347 billion crypto trading market. By combining AI with blockchain technology and DeFi, INTL will be the first to incorporate artificial intelligence across all levels—a shift from the norms. Its trading robots will be able to self-learn from their mistakes and real-time trading data while performing rigorous technical calculations in seconds for traders.

Solana (SOL): 8% Jump in the Past 7 Days

Solana (SOL) is one of the best altcoins thanks to the quality of its DeFi solutions and services. It doesn’t just facilitate the creation of decentralized applications (dApps) but its cheap gas fees and fast transaction speed make it one of the favorite DeFi destinations.

The above and its rapidly expanding ecosystem are behind its ascent as a top altcoin. On the altcoin list, only Ethereum and BNB are ahead of Solana (SOL), highlighting its leading status and growth prospects.

Following the latest market bounce, the Solana price gained over 8% on the weekly charts, with trading volume up by over 40%. It retails above $150, approaching its year high of $200. Meanwhile, a Solana price prediction suggests a new peak before the year’s end.

Cardano (ADA): Breaches the $0.35 Resistance

Cardano (ADA), a Layer-1 blockchain and token, is another important player in the crypto space. In addition to offering DeFi services, token holders have a say in the platform’s future—decentralized governance.

Reflecting broader bullish trends, Cardano (ADA) gained traction amid the crypto market bounce. The weekly chart is green as the Solana price jumped by over 2%, changing hands above $0.35. With this trendline resistance breached, more bullish price actions are expected in the coming days.

Moreover, Bitcoin’s sustained momentum will likely see Cardano flip $0.5 soon. This puts it on the list of altcoins to watch and perhaps one of the best cryptos to invest in. At its current price, it is a bet worth taking.

Conclusion

IntelMarkets (INTL), a new AI crypto, is in the spotlight after its remarkable performance this week—soaring past $1.1 million in presale. Its future transformation of the crypto trading scene, not to mention its massive growth prospects, makes it an investor favorite—on track to outperform Solana (SOL) and Cardano (ADA).

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The post New AI Altcoin Steals the Spotlight, Overshadowing Solana (SOL) Gains; Can it Flip Cardano (ADA)? appeared first on Blockonomi.