Solana (SOL) and Chainlink (LINK) recently faced bearish pressure and left investors wondering about their next moves. However, analysts are now projecting massive returns from these altcoins in the fall of 2023. In addition to that, Everlodge (ELDG), an upcoming project that combines real estate with blockchain technology, is seen as one of the most promising investment opportunities. Join us as we take a look at the recent price movements behind these altcoins.
- Solana to reach $29.22
- Chainlink can spike to $9.12
- Everlodge to surge 20x
Solana (SOL) Price Prediction
The Solana cryptocurrency has been making headlines following a strong rally in its value. Despite being challenged by the SEC charges, alongside its network challenges, the price of the Solana crypto has continued to increase.
In fact, since the start of the year, the overall crypto has been up in value, and the Solana price has outperformed much of the competition. The current value of the Solana crypto hovers between $19 and $21, indicating that $25 is the next resistance point.
Based on the overall on-chart activity, the crypto does have the potential to see a solid recovery. According to the Solana price prediction, it can soar to $29.22 by the end of the year.
Why Chainlink (LINK) Can Spike in Value
The Chainlink (LINK) crypto price recently witnessed a dip, leaving many investors worried about its future. However, as it has been trading between $5 and $9, many analysts estimate that it can reach new heights by the end of 2023 and that the Chainlink price can recover.
One of the latest updates to the Chainlink crypto has to do with the partnership with Swift. The CCIP technology will be implemented to connect and then transfer tokenized value across different blockchains.
For the time being, however, Chainlink is retesting the support level at the $5.5 zone. Analysts are bullish, and according to the Chainlink price prediction, the crypto can soar to $9.12 by the end of the year.
Everlodge (ELDG) to Surge by 20x at Launch
Everlodge has been getting the most attention, however, and has carried on with its bullish trajectory. This rising presale star has provided early investors with an ROI of 20%, signifying that there’s a high level of confidence in its future.
However, at Stage 1, ELDG, as a token, trades at $0.016. According to the on-chart data, it will surge by 33% following its entry into Stage 2. However, analysts are bullish and project a total price increase of 20x.
The Everlodge project will revolutionize the real estate market. It will build a unique, fractional property marketplace built on top of the blockchain. Luxury villas, vacation homes, and other types of hotels can be digitized. They are then minted as NFTs.
Everyone will then fractionalize them. As a result, investors from all income brackets will gain the opportunity to own a property, starting at $100.
There’s also the Everlodge Launchpad, which is a part of the ecosystem. It provides an exciting avenue for property developers and investors. The platform empowers them to raise capital from the Everlodge community for their new real estate projects.
The community members can then maximize their ROI by jumping into the project early. The token can also be staked for passive income, providing even more value. All of these aspects make Everlodge one of the top-performing projects for 2023. Investors will want to jump into it early for the highest returns.
Find out more about the Everlodge (ELDG) Presale