Solana Is Unstoppable after US Presidential Elections, Can Chainlink Catch Up?

Solana SOL $236.5 24h volatility: 3.6% Market cap: $112.43 B Vol. 24h: $11.32 B and Chainlink LINK $23.77 24h volatility: 1.4% Market cap: $14.90 B Vol. 24h: $4.54 B are rising on the price charts. This came after the recent US presidential elections. Confidence in these crypto coins has piqued with both getting appreciation in the prices after the elections’ hysteria. Even some market experts like Steve and SBF remain optimistic about these altcoins. They have made some bold, bullish SOL and LINK price predictions.

Solana (SOL) Price May Surge Soon

Solana (SOL) is one of the top altcoins. CoinMarketCap shows that the price of Solana rose nearly 35% in the past week alone. The Solana market cap jumped from $78B to $100B. This is a milestone as this altcoin passed $100B for the first time.

Crypto analyst Steve thinks this bullish trend may continue. He said Solana (SOL) is one of the biggest players in this bull run. According to his X post, the next price target for the Solana crypto is its ATH, and then it will enter the four-digit space soon.

The technicals support this Solana price prediction. TradingView shows that this altcoin is trading above its 20-day EMA of $182 and its 50-day EMA of $167. Plus, its MACD level sits at 12.87, which suggests a good entry point for new traders.

In other news, Solana highlighted that Binance featured it in its Dubai blockchain week. With this support, more people will become familiar with the Solana crypto. Therefore, as demand rises, so will its price.

Chainlink (LINK) Could See Further Price Growth

Chainlink (LINK) has also been turning heads in the crypto arena. According to CoinMarketCap, on the one-week chart, the Chainlink price increased nearly 40%. During that period, its value moved between $10 and $14.

Recently, Chainlink announced that the leading Bitcoin asset issuer PumpBTC will adopt the Chainlink CCIP, Proof of Reserves, and more to increase the utility and adoption of its liquid staking token.

Market expert SBF also made a bold Chainlink price prediction. In his X post, he says that Chainlink (LINK) could see a price surge to $250 in 2025. SBF attributes this price to whales loading up on this altcoin.

Additionally, TradingView shows that the Chainlink crypto is trading above its 50-day EMA ($11.75) and its 100-day EMA ($11.87). The altcoin’s momentum indicator is 3.22, which is in the buy zone, suggesting this bullish momentum continues.

A Broader Crypto Rally: What’s Next?

The growth of Solana and Chainlink after the election follows the general market trend. While these altcoins continue skyrocketing on the price charts, many traders are searching for new projects that could replicate this same success.

A Look at Lunex Network (LNEX)

Lunex Network (LNEX) has gotten a lot of attention, like Solana (SOL) and Chainlink (LINK). Targeting investors who are more interested in trading, Lunex Network aims to connect all isolated blockchains and let people easily trade many crypto coins across different blockchains. With a community-first focus, many traders are rushing to buy the LNEX token, after selling 1.42B tokens which is now worth just $0.0021. However, experts forecast a potential 6x surge for LNEX in 2025.

You can find more information about Lunex Network (LNEX) on the website and social media platforms.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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