Despite the market downturn and ADA’s price not reaching any new peaks in the last month, ADA price prediction shows the coin may hit $1.28 in the near future. Meanwhile, a new presale coin has been leaving its mark, making investors wonder whether it is the next crypto to explode. What makes this top crypto presale unique? Let’s find out.
ADA Price Prediction: Can Cardano Rally After $63.3M Institutional Inflows?
While $3.25 trillion was erased from the US stock market in a brutal sell-off, the crypto market welcomed $5.4 billion in new investments, indicating a potential shift in investor sentiment.
Cardano has been the leader of institutional inflows in the past month, bringing in $63.3M. Its increasing appeal shows rising confidence in its network. Currently, Cardano is experiencing a critical point, with whale accumulation, institutional inflows, and strong on-chain fundamentals signaling a bullish future.
ADA’s current price is $0.5428, but with expanding adoption and continued network upgrades, its opportunity to attract capital may result in a much stronger price performance. In terms of ADA price prediction, experts forecast a 135.8% rise, translating to a price of $1.28, sooner than expected.
Solaxy: Solana’s L2 Solution & a Top Crypto Presale
While Cardano has been showing signs of recovery, a new crypto start emerged and immediately gained immense popularity, with many investors showing interest. Solaxy is the first Layer 2 on Solana, trying to outperform it by providing improved speed and lower costs while preventing transaction failure and congestion.
This top crypto presale is reaching its end, having raised more than $29.3M. Early investors still have the chance to buy $SOLX at some of its lowest prices ever (currently at $0.001686) before it hits the exchanges and its price skyrockets.
After it launches, the coin has significant potential to take off, not only because of its hype but because it solves a real problem. Many crypto enthusiasts and influencers have also discussed Solaxy’s ability for high returns, one of which is Myles G Investments.
Cardano, as an L1 vs. Solaxy, as an L2
Here is a comparison between Cardano as an L1 and Solaxy as an L2 solution.
| Feature | Cardano (L1) | Solaxy (L2) |
| Primary Purpose | Being a highly scalable and energy-efficient smart contract platform | Outperforming Solana in terms of speed and costs while preventing the issues most commonly found with the blockchain: congestion and failed transactions |
| Target Users | Developers, DeFi users, organizations | Investors who try to improve Solana’s performance |
| Main Strengths | An extremely detailed and transparent roadmap;
Institutional interest; Scalability |
Substantial presale success;
A potential problem-solver for Solana’s issues; Potential for high returns |
| Recent Momentum | $63.3M in institutional inflows | Raised over $29.3M in presale |
| Future Potential | ADA price prediction of $1.28;
Larger institutional adoption |
Addressing Solana’s challenges;
100x potential |
ADA Price Prediction Shows Cardano Looks Strong, but Solaxy’s Presale Might Be the Better Opportunity
With recent whale accumulation, institutional inflows, and strong on-chain fundamentals, Cardano has a strong chance of turning the latest ADA price prediction of 135.8% rise into a reality.
However, Solaxy, the first Layer 2 on Solana, also shows immense potential, especially because it can be the long-awaited problem solver for Solana’s issues, such as congestion, validator hiccups, and transaction failure.
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