Solana (SOL) has seen a significant price increase over the last seven days, going up by 14% while both Bitcoin and Ethereum experienced major drops, both trading in the red on a weekly basis on October 25.
While the crypto industry started seeing a recovery this Friday and will likely enter the green on an hourly, daily, and monthly basis, the charts show that the SOL price has not been impacted by the recent bearish wave, unlike the two leading cryptocurrencies.
In fact, while BTC and ETH spent most of this week breaking supports, the SOL price spent the last few days trying to breach a resistance at $170 — something that it finally managed to do in the early hours of Thursday morning, eventually skyrocketing to $180.
This barrier ended up being strong enough to reject it, however, causing its price to sink toward the resistance-turned-support at $170. However, at the time of writing, the SOL price once again bounced back up and is going back to the resistance to re-test the $180 level.
SOL/ETH was also referenced a lot on X over the past few days, as the pair recently reached a new ATH.
https://x.com/martypartymusic/status/1849583878177984779
Meanwhile, others claim that Solana is a superior project to Ethereum and that it will end up replacing the Ethereum network and take all of Etheruem’s users.
https://x.com/depression2019/status/1849088510759743971
Of course, stories about Ethereum killers have been circulating the crypto industry for years, and yet, Ethereum still stands as the second-largest crypto and the largest network in the industry.
But, for those who are not willing to pick between SOL, BTC, and ETH, there are other investment opportunities, like the new Pepe alternative, Pepe Unchained (PEPU).
JOIN THE PEPU ICO — THE BIGGEST MEME COIN PRESALE OF 2024
Pepe Unchained ICO Continues to Blow Up
Pepe Unchained is a new project, currently still in presale, which sees itself as the superior version of the original Pepe. The reason for this is that the old Pepe is based on Ethereum’s network, and as such, it suffers from all of its downsides, such as slow transactions, high fees, and alike.
Meanwhile, Pepe Unchained has created its own Layer-2 blockchain which allows it to be a faster, cheaper, and more scalable project. In fact, it is developing an entire ecosystem of its own, complete with its own DEX, block explorer, the PEPU Foundation, and more.
BUY PEPU WHILE ITS PRICE IS LOW
This is what made many assume that PEPU might be the future of the Pepe-inspired meme coins, especially since it is the only one of these meme coins to have its own chain. Of course, it is too early to tell whether PEPU can ever overcome PEPE, but the fact is that its ICO became massive enough to raise over $22.4 million and is still going strong suggests that the project definitely has major potential.
Meanwhile, its token, PEPU, sells for only $0.01178 apiece, and you can buy it with ETH, USDT, BNB, or your credit/debit card.
