Bitcoin (BTC) leads the crypto market in terms of market capitalization. Its movement in the market usually signals the direction for the rest of the industry. One of the most anticipated events in the crypto world is the upcoming Bitcoin halving. It is scheduled to be held later in April this year.
Many investors are preparing for this event by buying into projects with the potential to draw in massive profits. Solana (SOL) and Toncoin (TON) holders are moving to the DeFi industry, with Kelexo (KLXO) being their choice investment. Analysts believe this move is in anticipation of the new P2P lending platform recording up to 20x gains.
Solana is on course to rise past the $200 mark. The coin recently declined 4.95% in the last 7 days, but there is growing bullish sentiment around the market. SOL is the fifth-largest cryptocurrency by market cap, with a market capitalization of $80.24 billion. The Solana network has continued to enjoy increased activity. Besides, over $12.4 billion worth of SOL tokens were traded over the previous week.
The current trading price of SOL is $180.07, representing an increase of over 21.60% in the past month. Analysts predict it could break past resistance at $200 and start a journey toward its all-time high of $260.06. Many crypto experts are backing the coin to rise above that. Some are optimistically looking at the $300 mark for SOL by the end of the year.
Toncoin has broken into the top 10 cryptocurrencies by market capitalization. According to data from CoinMarketCap, the coin has ousted Avalanche and currently sits at #10 while Avalanche drops to #11. It further emphasizes the amazing time Toncoin has been enjoying in the market.
Across the charts, TON only sees green as the coin has been having an excellent rise in the market. TON trades at $6.24 with a 7-day increase of more than 18%. Over the previous month, It has soared by more than 119%. It has also recorded over 100% growth in its 90-day and YTD chart.
The new P2P lending platform built with AI and blockchain technology offers exciting features to users. It provides more amazing benefits for investors. Kelexo makeup is unique and its innovative approach to the lending industry makes it a standout performer in the market.
Kelexo is being put together to become the biggest community-driven P2P platform for borrowers and lenders worldwide. It adopts a more user-centered approach, ensuring that users on the platform get the best experience. Traditional platforms subject users to a strenuous verification process. Kelexo, on the other hand, only requires a username and an email address to sign up new users.
With only $0.05, investors can own a Kelexo (KLXO) token while the coin is in its presale. It represents an incredible opportunity for investors to buy into a project that could be worth millions when it fully hits the market.
Find out more about the Kelexo presale by visiting the website here.