Solana (SOL), Ripple (XRP) Chase New Highs as IntelMarkets (INTL) Builds a DeFi Trading Platform

Bitcoin has been on an uptrend in the past few weeks. The cryptocurrency just crossed the $88k mark, causing an altcoin rally.

Standard Chartered Bank predicts Solana (SOL) will reach new all-time highs by year end.

Solana (SOL) Could Reach New Peak in 2024

Geoff Kendric, Head of Forex and Digital Assets Research at Standard Chartered, has predicted that the value of Solana (SOL) will reach a new all-time high by the end of the year. The analyst shared his prediction in an email via TheBlock, also stating that the price of Bitcoin could reach $125k.

Solana's all-time high is currently at $260. If this level is breached, the price of SOL could continue to rise, potentially reaching $300. Dev Quant predicts a possible rally to $400.

For the first time in months, the value of Solana has crossed the $220 mark. According to CoinMarketCap, the cryptocurrency has risen over 38.0% in the past week.

On the biweekly and monthly charts, the price of Solana has increased by 23.8% and 48.8%, respectively. The cryptocurrency's 14-day RSI is at 76, indicating high buying activity in the overbought zone.

According to Mikybull Crypto, XRP could reach $2 by year end.

Solana (SOL) Could Reach New Peak in 2024

According to CoinMarketCap, Ripple (XRP) has been on an uptrend since November 4. The cryptocurrency surged from a low of $0.5 to a high of $0.61. Although XRP underperformed other top crypto coins, several analysts believe a major rally is on the horizon.

A chart posted on X by Cassh0rt showed the price of Ripple surging to $0.95. Mikybull Crypto also hinted at a coming price surge in a message to his followers.

According to Mikybull, XRP could reach $2 by year end. Currently, the price of XRP is trading above the 50-SMA ($0.547401). Its RSI is in the overbought zone, indicating bullish activity.

Meanwhile, Ripple CEO Brad Garlinghouse expressed optimism about the future of cryptocurrency. According to the CEO, the emergence of Trump could put an end to the ongoing Ripple-SEC crisis. If this happens, the value of Ripple could soon reach new all-time highs.

Following its presale, IntelMarkets (INTL) is attracting a lot of attention in the crypto space. The platform offers a 20% bonus for those who make deposits using the code "INTL20." Notably, INTL has been a top performer, surging 400% to $0.045727.

Several features make IntelMarkets advantageous in the market. It provides 24/7 futures trading with AI support to maximize profits. The platform's tools help traders achieve optimal results with analytics data.

During real-time portfolio tracking and trading, AI bots provide flexibility by handling the processes. These bots can be customized to individual traders' goals, funds management, and risk tolerance, adapting to market conditions and each trader's needs. This flexibility positions IntelMarkets as a top DeFi project for trading.

Being a dual-chain platform, IntelMarkets utilizes both the Ethereum and Solana blockchain systems. To further enhance its appeal, IntelMarkets includes tools like real-time market data, advanced charting software, and high leverage (up to 1000:1), enabling traders to profit even in slightly fluctuating markets.

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