Solana is trading above $186 after a short correction. On the daily chart, the Solana price has broken past an ascending triangle, which has been forming since March. A successful breakout could see SOL target $205 and higher.
In the meantime, a viral $0.0074 project known as Unilabs Finance is set to offer even better returns than Solana. With over $6.8 million raised so far, analysts believe this AI fund can hit the $5 billion market cap before Solana. Let’s find out why.
Solana Price Bounce as Charts Point to $205 and Above
After a recent correction, the Solana price is now trading above the $186 level. This represents a weekly gain of over 6%. The Solana price is a result of a unique pattern formation that has been forming since March. Solana has broken above the ascending triangle formation and is looking to retest a breakout zone.
Source: Jonathan Carter’sX
According to Jonathan Carter, this area acts as a possible support zone. A successful breakout will confirm a significant rally. A rally that will push the Solana price toward the $205, $225, and $228 levels. Another breakout past these levels will set the perfect foundation for a $268 gain.
On-chain data suggests that more than 8 million SOL tokens were bought near $190. This might act as a key level if the Solana price moves higher. Above this level, fewer traders are set to sell, reducing the selling pressure, while making it possible for the SOL token to surge further.
Ali Martinez, another market analyst, also suggests that the TD Sequential tool is flashing buy signals for SOL. This comes at a time when Solana is preparing for a block capacity increase of 66%.
Additionally, MetaMask and Transak have teamed up. This partnership will add native support for Solana to MetaMask. A move that will allow users to directly purchase the SOL token with fiat through Transak.
Unilabs Finance Could Hit $5 Billion Market Cap Before Solana
Despite Solana price gains, Unilabs Finance continues to shine as one of the top-performing AI projects. By integrating AI into DeFi, Unilabs can easily vet and identify high-yield blockchain projects.
This dual-layered approach guarantees the most robust and scalable ventures. A move that gives investors access to early-stage yet cross-checked investment opportunities. This has led to a major shift in investors looking to capitalize on Unilabs Finance’s automated trading strategies through its funds.
The AI fund allows users to explore high-growth AI-driven crypto assets. Unlike traditional investment platforms, the AI-fund cuts out the involved complexity. Instead, it offers a fully algorithmically optimized, AI-driven portfolio through its secure yet transparent investment structure.
As investors’ interest in AI-integrated projects increases, Unilabs is strategically set to ride the trend to a multibillion-dollar valuation. Something that could see the $0.0074 token surpass the likes of SOL in the coming years.
Unilabs Finance Growth Metrics
Based on its adoption rate, Unilabs Finance (UNIL) might hit the $5 billion market cap faster than established altcoins. If the UNIL token launches at $0.10 and manages to circulate at least 1 billion tokens, it will only target a 50x gain to achieve this milestone.
Despite the increasing gains in Solana price, Unilabs Finance is designed to benefit institutional and retail investors. By backing early-stage AI projects and holding AI-integrated cryptos, Unilabs provides unparalleled access to the next generation of DeFi.
Moreover, backed by solid fundamentals and a transparent growth plan, UNIL’s explosive presale is quickly stealing attention from even the most optimistic Solana price forecasts. If the ongoing adoption holds, the $5 billion market cap milestone could materialize.
Conclusion
As the SOL price regains, recent network developments could help propel the rally above $205 levels. However, Unilabs Finance is looking to steal the spotlight with over $6.8 million raised.
Its stage four price of $0.0074 also represents an 85% gain. With the ongoing adoption and increasing gains, Unilabs could certainly hit the $5 billion market cap before Solana.
Discover the Unilabs Finance (UNIL) presale:
This article is not intended as financial advice. Educational purposes only.
