Solana’s rally might be overshadowed by PropiChain

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PropiChain’s rise could outshine Solana, owing to its low market cap and unique value proposition.

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The general crypto market is witnessing a slight correction which is believed to be the last shake-out before the up-only moment. Solana (SOL) is one of the projects that is holding strong and analysts forecast that the Solana price action could deliver a massive rally after this correction.

However, analysts also stated that PropiChain (PCHAIN), a new AI-altcoin in RWA that is listed on CoinMarketCap can outperform SOL. The project has been gaining traction due to its unique approach to transforming the global real estate market.

Solana’s price action

For the past 7 days, the Solana price action has been unable to break the $225 resistance. Instead, selling pressure increased and the $200 support didn’t hold. However, SOL recently reclaimed the $200 level, currently trading at $201.738.

There is a possibility that SOL might witness a bullish momentum after the broader market corrections. The anticipation of a SOL ETF approval is a key factor that could lead to liquidity inflow that might switch the Solana price action into an uptrend.

The intrinsic value of PropiChain

PCHAIN aims to reshape how the conventional real estate market operates by featuring AI-powered automation, the Metaverse, and blockchain on its marketplace. The traditional market is inefficient due to the manual processes, high entry barriers, and lengthy appraisals. PCHAIN aims to eradicate the inefficiency with its unique approach.

At its core, PropiChain will facilitate a fractional ownership model, which will enable its users to buy and sell assets in fractions. Users with interest in a specific high-value asset can each buy fractions of the asset with as little as $100. This model will make a highly profitable sector accessible to a broader range of people.

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Author: Guest Post

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