The SOL coin is experiencing instability in the market as the price of Solana continues to decrease. The current session sees the SOL token trading below the $200 mark. While the price of Solana struggles, investors throw to this new platform called IntelMarkets. This marvel AI has appeared as a beacon for traders, especially after its Nvidia update. The Nvidia update is expected to help the INTL token increase significantly by 30,000%.
Solana Price Analysis: SOL Drops Below $200!
The price of Solana failed to recover $200 as sellers continue to reduce the price of Solana during the ongoing session. SOL was relatively bullish in recent sessions but lost momentum after failing to break above the 50-day SMA.
The price of Solana registered an increase of almost 3% on Wednesday and moved to $194, starting the new year positively. Bullish sentiment registered a significant increase on Thursday when SOL rose over 7% to move past the 20-day SMA and $200 to settle at $208.
Buyers maintained control on Friday, helping SOL register a nearly 5% increase and move to $217. However, with the 50-day SMA coming in, SOL lost momentum over the weekend, falling 0.56% on Saturday and 1.52% on Sunday to settle at $213.
The current week started with SOL reaching an intraday high of $223 before settling at $218, an increase of 2.30%. However, it fell sharply on Tuesday, falling 7.38% and settling at $202. SOL slipped below $200 on Wednesday, falling to an intraday low of $188.
However, it recovered from this level to go above the 20-day SMA and settle at $197. In the current session Solana's price is down nearly 2%, slipping below the 20-day SMA and trading around $191.
IntelMarkets (INTL): Revamping trading with Nvidia update
IntelMarkets (INTL) is the game-changing project you need in 2025. It combines artificial intelligence (AI) with blockchain technology and decentralized finance (DeFi). Backed by a $1 million Quantum AI research grant from Nvidia, it is well positioned to reshape the global crypto trading market.
IntelMarkets is currently in stage 9 of its ICO, with tokens selling for $0.082. What sets it apart is the project's incredible mix of technology, as well as strategic funding, partnerships, and future Quantum AI solutions. With 100x upside potential on its market debut, IntelMarkets adds to its appeal as a must-have altcoin for those seeking life-changing gains.
Based on its ability to use the latest AI advances to make real-time trading decisions and self-learning algorithms, it differs from traditional blockchains and DeFi platforms. For investors, IntelMarkets offers an opportunity to invest early in a project that has a lot of growth potential.
The DLSS (Deep Learning Super Sampling) of Nvidia uses AI to upscale low-resolution images to higher resolutions, greatly improving performance without sacrificing visual quality. The latest updates may include new versions such as DLSS 3, which offer even better frame rates. This has caused a stir in the crypto realm.
This has led to more investors coming into the AI platform. SOL investors are dumping their BONK holdings to move to IntelMarkets in this bull run.
Find out more about Intel markets:
Presale: https://intelmarkets.io/
Buy Presale: https://buy.intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Source: https://finbold.com/solana-price-volatility-sol-traders-swap-memecoins-like-bonk-for-ai-altcoin-with-30000-upside-after-nvidia-update/
