In the latest Solana news, MetaMask (the leading crypto wallet) is set to integrate support for SOL in May. Following this integration, the Solana price could see better developments. On the flip side, IntelMarkets (INTL) is soaring to new highs after the platform added 150,000 new INTL holders. This could enable IntelMarkets to offer generational gains and benefits.
Solana Price Surge Blurs Amid Increasing Sell Pressure
Solana (SOL) made headlines recently when it surged 24.4% in a single day. Following this rally, SOL reclaimed the $180 mark after a strong impulse move. According to analysts, this rally was driven by the speculation of its potential inclusion in the ‘U.S. Strategic Crypto Reserve,’ an event that injected fresh optimism into the market, especially among SOL holders.
However, the bullish momentum failed to last long and ended shortly. From that point on, SOL has faced challenges, with analysts believing that these challenges are prompting concerns about SOL’s short-term price direction. The next surge in the Solana price came after President Donald Trump endorsed it and actually included it in the U.S. Strategic Reserve.
This development, combined with a notable 480% surge in trading volume, landed an initial wave of buying for SOL, with some analysts even predicting that the next key resistance could be as high as $213. However, the excitement ended soon after its temporary price rally. The Solana price then retraced quickly, losing nearly 20% of its value after the initial momentum.
Key Support Levels For SOL Investors To Watch
As of today, the Solana price is hovering just below $140, with declining volume and increasing sell-side pressure. While SOL was afloat by positive sentiment following the news, the lack of consistent buying momentum has raised doubts about its ability to maintain upward momentum in the near term.
The Solana price has recently formed a significant support zone around the $130 level, which has historically seen strong demand and led to price rebounds. However, the altcoin’s inability to hold above $180 signals that the bulls are struggling to establish a solid ground for SOL to land a longer rally.
IntelMarkets’ Presale Turns Bullish: Bags $200,000 In 24 Hours
While the constantly fluctuating Solana price is baffling SOL holders, IntelMarkets (INTL) is making headlines with its fast-selling presale. According to an insider, a Solana whale just injected $200,000 into this next-generation AI platform. Following this, IntelMarkets has sent waves in the crypto market with its highly bullish presale mania amid the Solana price fiasco.
The platform is mainly gaining recognition for its ability to infuse the constantly evolving AI technology into the platform. IntelMarkets offers insane trading tools in its platform, including advanced charting software, real-time market data, and customizable trading indicators, allowing traders to make AI-backed decisions and execute trades with pinpoint accuracy.
IntelMarkets (INTL) Steals the Spotlight: Crosses 150,000 Holders
As IntelMarkets’ (INTL) fast-selling presale catches fire, another network activity recently attracted SOL investors. In the last 7 days, this AI-powered platform has added 150,000 new INTL holders to the platform. These growing network activities build stronger investor confidence in the platform and draw traders from other projects with added capital.
As SOL holders remain cautious about its future price movements after MetaMask support integration, IntelMarkets (INTL) is bagging millions in its red-hot presale frenzy. According to the analysts, early adopters in IntelMarkets’ platform are positioned to land generational gains as its $0.09 altcoin could skyrocket by 27,000% post-launch.
Visit IntelMarkets presale today and stay up to date on its upcoming product releases and blockchain developments.
Discover More About IntelMarkets:
Presale: https://intelmarkets.io/
Buy Presale: https://buy.intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
