Investors watching Injective, Solana, and Algotech presale
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In January 2024, the U.S. Securities and Exchange Commission (SEC) approved 11 spot Bitcoin ETFs. Since then, other digital currencies like Injective (INJ) and Solana (SOL) have been trending. Investors are keeping track of INJ ahead of Bitcoin halving.
Injective is firm, edging higher, adding roughly 6% in the last week alone.Â
The expansion is primarily due to on-chain development and quality partnerships with Binance and Mark Cuban.
The platform can process 100,000 transactions per second, outperforming legacy networks like Bitcoin and Ethereum.
Solana breaks above key resistance
Solana is bullish. SOL is trading at $108.71, up 12.15% in the previous week.
This blockchain is playing a pivotal role in decentralized finance (defi). Defi protocols on Solana now manage over $1.84 billion worth of assets.
Algotech rallying in presale
Algotech is popular because of its advanced features, including hedging, mean reversion, trading bots, social trading, and algorithmic consolidation.Â
The platform exceeded its presale goal of $1.1 million within two days and is currently trading at $0.04.
Industry experts predict that the price may increase to over $1.
Algotech has strong tokenomics and deflationary mechanisms that could decrease supply.
Its roadmap offers governance rights, ownership stakes, and other benefits to the community.
For more details about this project:
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