Solana price has formed a falling wedge over the past few weeks and months. This wedge breaks out bullish in most cases and is a trend reversal formation. Since Solana price has already broken the upper trendline, we believe that the price is in the midst of a bullish breakout and is about to rally even more. In the short-term, the price could retest the trendline to confirm the breakout, however, this is unlikely in our view at this time. Instead, we assume a direct increase towards the target area.

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There is no denying that Solana price should breach its previous psychological price of $200 and reach its ATH of $260. Ont the other hand, good traders should position themselves to current price action. Once the crypto market goes back to its bullish trend, Solana should bounce back stronger. Now for the short-term.

The target of the falling wedge should be around $125, targeting the high of the year 2022. However, this price increase does not necessarily mean that the Solana price will be bullish for the next few months. Instead, we expect Solana price to correct after hitting the $125 target. How long the correction will last and whether it will break below the current low of around $75 remains to be seen. This all depends on the current macro conditions of the cryptocurrency market as a whole. If the crypto market continues to fall lower, we can see Solana prices back down to those levels again. We will soon be addressing these questions in the next Solana price prediction.

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There are thousands of projects in the crypto space. Keeping up with most of them can be quite hard. This is especially true as every day, more than 80 crypto projects come to life. On the other hand, some projects can be quite deceiving. That's why investors need to make sure that crypto projects have actual use cases and users can truly benefit from the services offered.

Solidex recently made headlines in the crypto community when its total locked value (TVL) reached around USD 2 Billion within just a few days since the project launched. That's the true power of crypto! Let's break down what Solidex, Solidly and Fantom have all in common.

Fantom is a decentralized blockchain that allows developers to build decentralized apps (Dapps) on top of its blockchain. Fantom is very similar to Ethereum, and even fully compatible with its blockchain. On the other hand, it offers additional characteristics that make it a proper competitor to Ethereum and even other smart contract blockchains.

Fantom's "layer 1" is called Lachesis, and handles the hard work on the blockchain, along with verifying the transactions via a proof-of-stake (PoS) consensus. Every time a new project gets deployed on Fantom, a new blockchain gets created as a "layer 2". This ensures that "layer 1" doesn't get overloaded and enhances scalability and speed.

FTM is the native token on the Fantom blockchain. Users can utilize it to pay for fees when deploying Dapps, to stake, and for governance. Now onto the next piece of the pie...Solidly!

Solidly is a Decentralized Application (Dapp) built on top of the Fantom blockchain. Since Solidly is an exchange, it will naturally be a Decentralized Exchange (DEX) using automatic market-making (AMM). Let's break this down:

• A Decentralized exchange (DEX) is a platform where parties buy or sell different assets.
• Automatic Market Making (AMM) is a standard where instead of having different parties negotiating their sales in a peer-to-peer exchange, an order would fill automatically through a peer-to-contract exchange, thus automating the entire process without any intervention.

The native token is the SOLID token, and users can vest it by creating a lock (1 week, 1 month, 1 year, or 4 years). When doing so, users will receive in turn VeNFTs. The higher the lock duration, the more valuable the VeNFT would be. All the fees from the platform become earnings for VeNFT holders. This is the same concept as having a locked savings account for 5 years that earns an interest in the bank. But imagine you wanted to break this lock, most traditional banks won't allow that to happen. In DeFi, you can simply sell the "ownership" of this account to someone else, represented by selling the associated VeNFT. Thank you DeFi!

Quick recap: Solidly uses the Fantom blockchain and provides liquidity pool services and staking. Its liquid native token is SOLID, and the "not-so" liquid other asset is the VeNFT.

The project started back in January 2022 and aims to provide a platform where users can participate in liquidity pools (LPs). The famous Andre Cronje also is responsible for building Solidly. He is also known to have founded Yearn.Finance and other major DeFi projects. Solidly claim to have very low fees as they operate on the Fantom blockchain, and focus on secondary markets where stablecoins and other volatile cryptos are swapped. Now, what does Solidex have to do with all f this? Well, let's introduce SOLIDEX CRYPTO!

Solidex is an optimizer for Solidly. It accumulates SOLID tokens (from Solidly) and provides more liquid alternatives and earns higher yields since you'll be receiving their own protocol token. Now don't giggle, as their own token is called SEX, and their liquid token is called SolidSEX.

85% of the SOLID rewards that Solidex is earning goes to the pools, 10% goes to people who have staked their tokens for SolidSex, and 5% goes to people who have locked their SEX tokens. If you lock SEX tokens, you will receive fees and bribes generated from the platform. Many estimate that this is a significant amount, hence why all the hype around this project.

Quick Recap: Solidex allows users to receive higher SOLID rewards without the need to maintain the total lock duration. The APR yields range from stablecoins to volatile tokens.

Since Solidex is a Dapp, you'd need a wallet that supports it. Those types of wallets will help you send, receive, and store digital assets. Wallets come in many forms. They are either built into your browser, an extension added to your browser, a piece of hardware plugged into your computer or even an app on your phone. Metamask is a well-known wallet that supports Solidex. You can check an extensive guide on how to download it here.

Disclaimer: It is very important to remember that investing (especially in DeFi) carries a lot of risks. Invest only an amount you are willing to lose.

Go to Solidex Pools, and look for the ones that have high APRs. You can even use the filters on the table to directly spot the highest APR.

Another way to earn is to convert your SOLID tokens into SolidSex. In order to do so, you simply go to the Convert Solid section and enjoy a high APR.

The last way to earn on your SOLID tokens is to simply convert them to NFTs on Solidly. The APR won't be as high as the previous earning methods, but you won't have to worry about farming.

There are many ways to get ahold of SOLID tokens. The easiest way to do so is the following:

• Buy some USDC coins on Binance
• Send your purchased USDC coins to your Metamask wallet
• Go to Spookyswap
• Connect your Metamask wallet to Spookyswap
• Swap USDC to SOLID

With the new bullrun in sight, there are new opportunities to achieve high returns in the crypto market. In recent months, the so-called "Ethereum killers" have proven to be extremely good investment opportunities. What is the status of these cryptocurrencies and what does their future look like? Let's find out 😉

If you feel like you need guidance when tackling the crypto market, you need to check out our premium area. You’ll always be up-to-date with everything happening in the crypto market. Additionally, you will receive trading ideas and professional trading support. You will also receive information about the latest crypto trends at an early stage! If you want to read more about our Premium Area, click here.

We've talked a lot about Cardano in the past few weeks. The ADA token made a strong jump in price even before the big Bitcoin rally a few weeks ago. This was due to the announcement of the details of the new major update at Cardano - Basho. Basho is the next big step in the development of the Cardano blockchain.

Basho increases the scalability of the blockchain. Cardano should thus achieve an unprecedented transaction speed of up to 100,000 transactions per second. Overall, the efficiency of smart contracts and the blockchain in general increases massively. Cardano could actually become a serious Ethereum competitor and a true Ethereum killer in 2022.

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Solana was the fourth quarter's shooting star in the crypto market. The SOL token has made a massive ascent in recent months, even outperforming Cardano’s ADA token. Above all, the high speeds of up to 10,000 transactions per second made Solana so popular and made the blockchain an "Ethereum killer".

Now is an ideal time to jump into these Ethereum killers. Buy these cryptocurrencies on crypto exchanges  Binance ,  Coinbase ,  Kraken  and  Bitfinex !

Despite the successes on the market, the Solana network is repeatedly plagued by problems. Thanks to the proof-of-history consensus mechanism, the blockchain can process transactions super fast. But there are always problems with network overload. The network has crashed again in the past few days. Solana needs to address these issues to stay relevant in 2022.

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The third “Ethereum killer” that also hit screens at the end of the year is Avalanche. This network also stood out due to its high transaction speeds and high scalability. The AVAX token made it into the top 10 cryptocurrencies in the last few weeks of 2021. 

In the last few weeks, Avalanche has been a little out of breath. While the number of applications running on smart contracts increased overall, the total locked value (TLV) fell by an overall 20% in January. Avalanche has to prove itself as an "Ethereum killer" in the face of strong competition in the coming months.

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Timothy C May predicted in the 1990s’ that technology would develop at such a fast pace that untraceable digital currencies would power up grey-listed businesses; however,  most of the technology pundits didn’t respond with proactiveness when two decades later Bitcoin popped out as per his prediction. Think about a group who would have believed and bought all the Bitcoin available in 2008 after trusting May’s prediction. They would have been left with less space to store their long-term patience after BTC’s magnificent run in the last couple of years. I personally feel that most people think about Papa John’s Pizza and Laszlo Hanyecz 10,000 BTC payments every time Bitcoin hits a new All-Time-High (ATH).

And everyone wants to know which token could be the next Bitcoin and pizza day moment in their life. The reason for the same is there’s too much fear of missing out (FOMO) in the crypto market and out of the FOMO, most investors often buy tokens at their highest point thinking it is going to go even higher.  This results in investors getting REKT or their money staying frozen for years to get back to the same point for recovery. 

Having said that, the crypto market is in desperate need of something which can automatically predict for investors well in advance and not let them miss the magical moments of earning as high as 10,000% returns like the 35-year-old warehouse manager who made $1 million by investing $8,000 into Shiba Inu when it wasn’t popular at all. 

Solid Protocol is the answer to the shortcomings in investment that most investors face in terms of identifying and investing in crypto assets that could become the next moonshot. 

It is the first and the only DeFi tracker which provides complete exposure to the DeFi market with a single token. The upside of the Solid Protocol is the Solid Token which does not charge any entry and exit fees for getting the exposure of the entire DeFi market. Using the Solid Token the retail investors and institutions can skip the hassle of always tracking about the DeFi market and identifying the next moon shot token to add that to their portfolio. 

The creators mainly pursued the idea post the ICO boom somewhere in 2018 when the crypto market was beginning to prepare for the hard winters ahead and retail investment wanted better alternatives to gain more exposure to a whole new world of crypto. Though even at that point the ETF and crypto index made sense; however, regulatory hurdles and lack of technology bottlenecks prevented proliferation further. 

For example, to set up a crypto fund, the crypto fund managers needed to closely follow the market cap dominance and exchange one asset in the basket for another. Doing so would have meant the managers incurring all the entry and exit fees and putting the burden on the crypto investors. In a way, making the entire process de-incentivizing for the investors. 

So, the creators instead of mind meddling on all these affairs developed a native token called Solid to perform all of these transactions in a trustless and decentralized manner using smart contracts on the investor’s behalf. All that the investor needed to do was own the Solid token in their wallet and let the ecosystem decide on their own what to do with their funds and investment. Hence simplifying the way to get complete exposure of the upcoming DeFi market which was in the process of building up for the future ahead through a wide range of their use-cases. 

At the time of writing, Solid is trading at $0.01709 with a market cap of $85.405, making it the 6680 strongest crypto in the market. Though the ranking may not look promising initially for the crypto investor; nonetheless, the token has significant potential where it could solve problems of maintaining multiple portfolios, rather, hold one token and get exposure to a basket of other tokens in the DeFi space. Such utilities have piqued investors and recently within the last seven days, Solid Token nearly witnessed 700% price jump recovering from a low of $.0005965 on January 5 to an ATH of  0.040133 on January 17.

Solana's price was previously in a bull flag that could break out soon. The price reached a GoldenPocket, which is why an assumption of a breakout was imminent. However, the price has fallen again to the +/- $ 148 support. Subsequently, there was a pump on the upper trend line of the bull flag. A brief bearish reaction happened, but it appears that the Solana price is now breaking out of the formation in a bullish manner! Let's jump into this Solana Price Prediction and show some medium-term goals before the $ 300.

If you always want to be up-to-date in the crypto market, we recommend our Premium Discord. There you will receive trading ideas and professional trading support. You also get access to our analysis videos and our premium articles. Our Premium Discord is not just about trading, however. Here you will also find out the latest crypto trends early enough, from which you can benefit massively.

The Solana price broke the upper trend line today. However, the price needs to remain above the trendline for the next few days to confirm that the price has broken out of the bull flag. It can still happen that we are now completely sold off and it was just a fakeout. 

We are not assuming that this is the case, however. From now on, we expect it to rise to the $ 216 resistance. After that target is reached, the price could rise to $ 235, then $ 260, and finally $ 320. The $ 320 is the bull flag's ultimate goal. From then on we would slowly start to book profits, as the course could start to correct from this point. The bull run may already be over by then, which is why there could be a blowoff top (quick sale within a few days).

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