Solana integrates Chainlink data stream, analysts Bullish on Polkadot and IntelMarkets

By crypto.news | Created at 2024-10-30 18:51:42 | Updated at 2024-10-30 21:37:50 2 hours ago
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Solana integrates Chainlink’s data stream to attract developers, while analysts predict strong growth for Polkadot and IntelMarkets by 2025.

The crypto industry is now seeing new collaborations, such as Solana’s (SOL) integration of Chainlink’s data stream. This partnership is expected to attract more developers to the Solana network. 

At the same time, experts have started becoming positive on Polkadot (DOT) and IntelMarkets (INTL) and expect both of them to do well in 2025. Sparkinsts forecasts the value of DOT could reach $11.57, while INTL is expected to see an 11x price surge.

In a recent tweet, Solana announced that it has introduced Chainlink’s data stream to its platform. With the latest development, Solana developers can now use Chainlink’s high-frequency, sub-second market data backed by its reliable, decentralized infrastructure.

In other news, the Solana coin is trading between $160 and $180 on the monthly timeframe. The value of the altcoin has increased on the weekly timeframe after it crossed the $170 mark based on data from CoinMarketCap.

Going forward, the price of the Solana token could see more growth in the coming weeks based on the bullish Hull Moving Average (9) and VWMA (10). Coincodex forecasts the Solana price might reach $199.72 in the next few weeks.

IntelMarkets expected to rise by 1,100%

IntelMarkets is shaking up the crypto market with its advanced trading platform that uses Artificial Intelligence with the support of Blockchain technology. This new concept makes IntelMarkets a top DeFi project to watch in the crypto trading market. IntelMarkets is currently priced at $0.036545, which is in the presale stage. 

Analysts forecast that its value could rally by 11x by 2025. Meanwhile, the project has realized over $1.6 million in funding. IntelMarkets has already received early funding of $360,000 and $500,000 from Fortune 500 investors. Also, IntelMarkets provides multiple assets and provides leverage of up to 1,000 which in turn increases the traders’ exposure to capital. 

This high leverage, in combination with the AI-based tools of the platform, allows users to achieve the most out of IntelMarket. An essential feature of IntelMarkets is that it provides a two-chain solution that works with both the Ethereum and Solana networks. Traders can choose the network that best suits them, whether it is Ethereum or Solana, which offers faster and cheaper transactions. 

Before entering the global crypto trading market worth $36.5 billion, IntelMarkets is a DeFi project that has great potential for growth and features that distinguish it from the competition. If you are in search of a promising project for the future of crypto trading, IntelMarkets could be considered a good option.

Analysts predicts peak of $11.57 for Polkadot in 2025

In a recent tweet, analyst Sparkinsts pointed out that Polkadot could be on the verge of a reversal. According to them, the DeFi token may be on the verge of breaking through the descending channel it has been in for the past few months. 

Sparkinsts also suggest watching the levels of $4.23, $6.35, $8.66, and $11.57, as these may be the key support and resistance levels for the Polkadot token. 

Bullish waves may be forming on the horizon, opening the door for the Polkadot crypto to experience a massive surge in the coming year. The analyst posted a chart that showed the value of the cryptocurrency soaring to $8.66 and $11.57.

At the moment, the altcoin price has remained in bearish territory despite the bullish resurgence in the crypto market based on CoinMarketCap data. However, Polkadot’s Hull Moving Average (9) is flashing a buy signal, which supports a bullish move.

Conclusion 

While Solana’s Chainlink integration could bring more momentum to the ecosystem, analysts expect the prices of Polkadot and IntelMarkets to reach new levels. As the native token of a revolutionary exchange platform, INTL is one of the top altcoins to watch heading into 2025.

For more information, visit the IntelMarkets presale website and join the community on Telegram and X.

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