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- 🎤 Cheer for Your Idol · Gate Takes You Straight to Token of Love! 🎶
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Crypto derby heats up: SOL sprints, eyes on AVAX!
The shining star of the bullish season, Solana (SOL) approached $100, boosting expectations on Avalanche (AVAX).
The SOL, which caused concern not only for its investors but also for the entire cryptocurrency market by testing $ 8 in January, is now experiencing a spring atmosphere. The major coin, which has taken the market captive in the rise of BTC since $25,000, does not stop.
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Although it makes intermediate corrections, SOL does not give up on its main direction and has reached triple-digit prices. But will Avalanche (AVAX), which is seen as the biggest competitor to SOL, remain silent about this situation? Or will it make a sharp rise and intensify the competition?
It's time for Avalanche (AVAX) to prove itself!
The crypto derby is increasing the level of contention with each passing day. SOL's step-by-step progress towards $100 and AVAX's eyesight of $50 was one of the clearest data on the market's positivity. However, the rise of SOL has been harsher and steadier. The AVAX front, which is slowly reacting to this situation for the time being, may light the fuse in the near future.
The AVAX, which is trading at $47.87 at the time of writing, could start a bull run if the BTC settles above $45,000 or the BTC dominance eases. In such a scenario, $51.13 will be targeted first. After that, a move to $55.12 and $59.29 could follow. If the $59 – $60 band, which has often caused problems for AVAX in the past, is exceeded, we can watch sharp rises up to $75.