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Cryptocurrencies Price Prediction: Solana, Ethereum & Cryptos — Asian Wrap 24 December

Cryptocurrencies Price Prediction: Solana, Ethereum & Cryptos — Asian Wrap 24 December

Author:
FxStreet-Crypto
Published:
2024-12-24 04:04:31
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Solana dominates Bitcoin, Ethereum in price performance and trading volume: Glassnode

Solana (SOL) is up 6% on Monday following a Glassnode report indicating that SOL has seen more capital increase than Bitcoin and Ethereum. Despite the large gains suggesting a relatively heated market, SOL could still stretch its growth before establishing a top for the cycle.

Ethereum Price Forecast: ETH risks a decline to $3,000 as investors realize increased profits and losses

Ethereum (ETH) is up 4% on Monday despite increased selling pressure across long-term and short-term holders in the past two days. If whales fail to maintain their recent buy-the-dip attitude, ETH risks a decline below $3,000.

Crypto Today: BTC hits new Trump-era low as Chainlink, HBAR and AAVE lead market recovery

The global cryptocurrency market cap shrank by $500 billion after the Federal Reserve's hawkish statements on December 17.

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