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The crypto market is a competitive sector, thanks to the addition of new crypto projects with new use cases. As a result, old underdogs like Solana and Ripple have to battle for their position. A real estate crypto project called Everlodge has emerged with the potential to unseat Solana and Ripple. Let’s see if it has what it takes.

BIT Exchange To Launch Solana (SOL) Options Trading

BIT exchange, a Jihan Wu-owned digital asset platform, has announced its plans to introduce options trading for the Solana (SOL) token. This decision comes after high demand from institutional investors.

Besides, Solana has recently gained recognition as a leading blockchain protocol. It has played a major role in strengthening DeFi markets. Solana blockchain is ranked as one of the top 10 rapidly growing blockchain networks in terms of TVL. Its TVL has increased by over 100% in the past 30 days.

Per data from CoinMarketCap, Solana coin has increased from $48 to set a new 18-month high at $68 range within the past month. Solana price has increased 81.7% in the past week, thanks to large adoption.

Ripple (XRP) Looking At Potential 40% Surge

According to CoinMarketCap, Ripple’s XRP remains the 5th largest coin with a market cap of $31 billion. Since the beginning of the Ripple SEC lawsuit, the crypto community has kept an eye on the token.

Between mid-October and early November, the Ripple coin saw substantial growth. Its price skyrocketed from $0.477 to a peak of $0.732, showing a gain of 53.5%. The Ripple coin has traded between $0.582076 and $0.651426 as of the final week of November.

After two downward-sloping trendlines, the price of Ripple has now gotten stuck. This could indicate that a bullish flag pattern is forming. This pattern suggests tha

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Author: Crypto Daily

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