With the growth of the Solana (SOL) ecosystem and the Hyperdrive Hackathon, the project has gained significant attention. Moreover, Chainlink (LINK) has surpassed $200 million in terms of volume and has an RSI of 50. On the other hand, Everlodge (ELDG), will transform the real estate industry according to analysts.
- Solana can surge to $29.22 according to analyst projections
- Chainlink has the potential to spike to a maximum point of value at $9.12
- Everlodge to provide massive ROI with a climb of 4,000%
Why Analysts Have Positive Projections for Solana (SOL)
Solana (SOL) has an RSI of 23.33, which puts it at a bearish outlook initially. However, its recent on-chart analytics suggest that it can surge in value.
The Solana crypto team is hosting the Hyperdrive Hackathon, bound to help the ecosystem grow and increase the utility of the SOL token. Moreover, There are $1 million in prizes and seed funding for those who want to engage with the Solana ecosystem.
During the previous week, the Solana price hovered between $19 and $20, making $21 and $22 the next price barriers the crypto must surpass. According to the Solana price prediction, these movements are possible, as the crypto can surge to $29.22 by the end of 2023.
Chainlink (LINK) to Surge in Value Based on Projections
The Chainlink (LINK) on-chart data suggests an RSI of 50, making it in a prime position for further growth. Moreover, the project has shifted in appeal, especially after Shift announced that they had used the CCIP technology throughout tokenization testing.
This announcement pushed a lot of attention to the Chainlink crypto, and analysts project that further climb is possible. During the past week, Chainlink had a value between $5.93 and $6.41.
Now, the Chainlink price has to move above $7 or $8 to provide investors with significant ROI. However, according to the Chainlink price prediction, it can climb to a maximum point of $9.12 by the end of the year.
Everlodge (ELDG) to Experience Massive 4,000% Growth and Provide Massive ROI
Within the traditional real estate space, there is a high barrier to entry due to the illiquid market, high costs, and overall complexity, but Everlodge aims to solve all of these issues. This is the first-ever platform of its kind. In it, anyone can make fractional investments in luxury properties and homes at favorable locations for as little as $100.
The Everlodge platform will mint properties as NFTs, which can then get split into smaller parts through fractionalization. Now, instead of buying an entire $10 million hotel, someone can just invest as much as they want. As the property appreciates in value, so will the NFT. If it’s a rental property, it will provide passive income.
Moreover, there’s the ELDG token. Holders can engage in governance or stake it for passive income. The token trades at $0.016 at Stage 2 of its presale but will jump to $0.018 during the next stage. At this growth momentum, analysts project that it will climb by 4,000% at launch.
Find out more about the Everlodge (ELDG) Presale