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Solana Price Prediction Hints at $450 by December 2024, While this Rival Zooms in On 43,405% Returns

19 November 2024
in Sponsored
Reading Time: 6 mins read
104 6
Home Sponsored

Contents

Toggle
    • Will The Solana Price Make A New All-Time High?
    • PropiChain (PCHAIN): Emerging SOL Rival
      • The Solana Price Rally or PCHAIN: Which Token Offers More Returns?
    • Conclusion
  • For more information about the PropiChain (PCHAIN) Presale:

The Solana price has recently broken out of the long-term downtrend, giving hope for a decent rally in the coming few months. However, a new altcoin is rising quickly and gaining popularity among traders for its tremendous growth potential.

Let’s examine the Solana price action and the new altcoin to determine which offers more potential returns.

Will The Solana Price Make A New All-Time High?

The Solana price has been in an uptrend since September, rising steadily in a channel. However, this uptrend was within the long-term downtrend it had been stuck in since March 2024. Due to huge demand, the Solana price broke the downtrend’s upper trendline on 6 November. 

This breakout increased demand for the Solana price, boosting it significantly. The Solana price soon faced rejection from the $225 price level and fluctuated between this and the $204 support level for a few days. Then, yesterday, the Solana price again broke through this resistance, surging 10% in a single day.

Over the last 24 hours, the Solana price has gained 3.4% to reach $241.95 and now trades just 6% below its All-Time High of $260. The Solana Price has a significant resistance of nearly $273, which must be passed with sufficient momentum to reach the ATH.

PropiChain (PCHAIN): Emerging SOL Rival

PropiChain is a new Real-World Asset (RWA) platform aiming to transform the real estate industry in such a way that liberates investors from the current market issues that arise from outdated methods and can enjoy improved security, transparency, and accessibility.

PropiChain integrates blockchain into the platform to address the lack of transparency and fraud risks. It tokenizes real estate to make it available for trade on the blockchain. The tokens represent fractions of a property, allowing users to invest according to their requirements and manage capital better by diversifying.

The fractionalization of real estate also improves liquidity and allows users to make frequent property transactions without locking capital for extended periods.

To help monitor the numerous real estate available, PropiChain provides accurate property valuations using the Automated Valuation Models. These are complex AI algorithms that analyze trends in historical sales data and recent economic factors to generate valuations that match the current market price.

The AI also delivers insights into future market sentiments, price, and demand fluctuations. It analyzes large data sets of property transactions from verified sources to develop these informational reports. This information allows investors to make smart investment decisions and strategize to reduce risk and improve profits.

Assessing the property in detail is crucial before investing in real estate. However, visiting all the properties you wish to assess takes significant time and effort and requires traveling long distances.

PropiChain solves this issue by using the Metaverse, which provides users with an immersive virtual experience of real estate. Using the Metaverse, users can virtually visit their dream properties and feel them without traveling.

After helping users purchase real estate, PropiChain also simplifies the leasing process. It offers automated lease creation using smart contracts that create lease documents without the need for endless manual paperwork. Smart contracts automatically trigger the lease agreement after signatures and fund transfers.

Using smart contracts, tenants may also automate the redundant task of making monthly rental payments. A set amount of funds can be directly transferred to the landlord. Landlords may also set a penalty for late rent payments, thus providing peace of mind to both parties.

The platform’s native token is PCHAIN, which is currently in presale stage one. Let’s analyze the profit potential offered by the token presale.

The Solana Price Rally or PCHAIN: Which Token Offers More Returns?

As the Solana price moves closer to its ATH, it is expected to undergo a massive rally if it can move above the resistance level of the ATH. Analysts predict that the Solana price will reach $450 by the end of the year. This would give an 85.9504% return to those who invest in SOL now.

However, the PCHAIN presale will severely outperform this rally, providing an 800% return just by the end of the presale. This is because the token is currently valued at $0.004 and will rise to $0.011 and $0.023 in subsequent rounds before finally launching at $0.032.

Moreover, analysts have predicted that PCHAIN will reach enormous heights with the coming rally, potentially generating up to 43,405% returns for stage one holders. Early participation in PCHAIN is suggested to capture these tremendous gains.

Conclusion

The Solana price showcases great growth potential, possibly reaching $450 before 2025, but PropiChain attracts more attention with its token presale.

PropiChain provides flawless transaction security and transparency since everything is stored on the blockchain. The platform offers a property investment environment where users can use various AI tools and the Metaverse to liberate themselves from traditional real estate issues and gain an advantage over conventional investors.

Moreover, the platform has undergone rigorous testing by BlockAudit, which commended PropiChain for its security and regulatory compliance as they found zero vulnerabilities.

Also, PropiChain was recently listed on CoinMarketCap, successfully reaching another milestone on their roadmap. Members can expect to hear much more news on such positive developments soon as the project reaches a wider audience and picks up speed.

Early investors of PCHAIN will have an excellent opportunity to receive massive returns. The first-stage token holders can generate up to 43,405% returns with PCHAIN.

For more information about the PropiChain (PCHAIN) Presale:

Website: http://propichain.finance

Join Community: https://linktr.ee/propichain

 

Disclaimer
This is a sponsored post. The information provided in this article is for informational purposes only and does not constitute financial advice. DeFi Planet does not endorse or recommend any specific investment decisions and reminds readers to conduct their own research and due diligence before taking any financial actions. Digital assets are highly volatile and can lose some or all of their value. DeFi Planet is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the article.

 

If you want to read more articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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