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The most popular project in the ONDO Real World Asset (RWA) category. This may be the Solana in this bull market. ONDO is the rising star leader, the son of CB, and also cooperates with SOL. It is invested by Wall Street institutions, and the market maker is the Jump market maker on Wall Street, which is very powerful.
Despite the recent pullback in Bitcoin and other cryptocurrencies, ONDO has remained strong, predicting a price range of $50 for the ONDO token during the bull run.
ORDI
Ordi coin is a digital currency based on blockchain technology, which aims to create a decentralized financial ecosystem. Compared with traditional currencies, Ordi coin has higher security and anonymity, providing users with a more convenient and faster payment method. The total issuance of Ordi coin is limited, which also makes it scarce in the market, further driving its value growth. The current fear and greed index of the coin is 73 (greed). It is trading above the 200-day simple moving average. In addition, the coin has experienced 15 green days in the past 30 days and is trading close to its cycle high, indicating high liquidity relative to its market value. Analysts predict that if ORDI announces cooperation with other networks and the cryptocurrency market trend remains bullish, its price may exceed $152.51 by the end of the year.
NEAR
Over the past month, NEAR Protocol has shown resilience despite the market downturn. The token's value has risen sharply from $5.22 to $8.50. This surge is in line with the broader trend of AI-related tokens, reflecting the growing momentum in the AI industry as new products are launched. Notably, NEAR Protocol has seen an increase in both trading activity and open interest market demand, signaling a possible upward trend in its price. Strategic partnerships have further strengthened NEAR's position, driving demand and network activity. In addition, NEAR is a leading consumer blockchain for mainstream applications, processing millions of transactions per day. Its roadmap emphasizes democratizing AI ownership and continuous efforts to improve usability and scalability, including sharding implementation.
SUN
Solana price failed to break above $190 as the sellers strongly defended the momentum above this level, causing the price to drop sharply below the immediate Fib channel. SOL price also fell below its EMA trendline; however, buyers prevented the price from falling further below $160. As of this writing, SOL price is trading at $169, up 3% in the past 24 hours.
The SOL price is struggling to move above the EMA20 trendline, which suggests that bearish pressure persists at higher levels. The falling EMA trendline and the RSI levels moving towards the oversold territory suggest that the dominance of bearish positions is increasing.
If buyers break above the descending resistance line, the SOL/USDT pair could retest the important resistance at $192.
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