3 crypto to watch this week: Solana, Avalanche, XRP

The crypto market is currently bearish with the recent crash leading to losses for whales and retail traders. This negative sentiment has not been helped with regulatory scrutiny in India for leading exchange Binance. 

Amidst this problems established players like XRP and Solana (SOL) are adapting, while a new entrant, Pawfury, offers a new approach as a presale project to watch, promising high returns with seemingly predictable patterns, standing out in the volatile crypto landscape.

Pawfury (PAW) – The New Crypto Superstar

Pawfury (PAW) is quickly establishing itself as the new crypto superstar in the market. With its dynamic presale rewards, Pawfury (PAW) offers significant benefits to its holders. The strong and growing community backing this coin, coupled with ongoing development efforts, showcases its immense growth potential. As an innovative and strategic investment option, Pawfury (PAW) is attracting widespread attention from investors looking for high returns in a competitive landscape. This emerging superstar is set to dominate the crypto market, promising robust growth and long-term success.

Presale is Live Now – Join Now for a Chance to Benefit with PAW

Token Distribution Benefits for Early Pawfury Investors Pawfury’s presale is crafted to ensure fair token distribution and provide benefits to investors. Featuring multiple stages with increasing prices, the structure rewards early participants with lower token costs. This model not only builds excitement but also attracts capital, enhancing liquidity and market stability.

To celebrate its success, investors can now enjoy a 10% extra bonus on their first purchase on Pawfury using the promo code “EXTRA10X” for a limited time.

Presale is Live, Learn More About Major Benefits

Solana (SOL): DEX Volume Skyrockets Amidst Price Resilience

Solana’s decentralized exchange (DEX) trading volume recently surged past $3 billion, with Orca and Raydium growing by 70%.

Despite a brief price dip, SOL remains in an uptrend, rising by 30% since early May.

At present, SOL is trading above $155 and resilient. SOL has been edging higher since mid-October, peaking at $168 and trading above the Exponential Moving Averages (EMA).

Looking ahead, SOL could extend gains. If prices remain above the 10-day EMA, there might be more growth in the short term.

Conversely, potential declines to the upper boundary of the Fair Value Gap between $145.94 and $150.99 could see the altcoin filling the gap before resuming its upward trajectory.

Avalanche (AVAX): Adoption Soars Despite Price Dip

AVAX is trading at $20.64, down 18% in one week.

The network has seen over six million non-zero addresses, indicating a growing adoption and network engagement.

Despite uncertainties in the market, such as the crypto market flash crash, AVAX is resilient, rising 1.1% in the last 24 hours. AVAX’s trading activity has also spiked, with daily volume reaching a six-month high.

However, sustaining this growth and navigating the volatile crypto market remains challenging.

While increased development activity and network transactions are bullish, the uptrend will continue if new users are attracted and retained.

Ripple Spikes After SEC Settlement 

Over the past few days, XRP price has surge by 18% due to the finalization of the ongoing lawsuit with the Securities and Exchange Commission (SEC).

Ripple was instructed to pay $125 million instead of the $2 billion that the SEC initially sought when it launched the lawsuit. 

News of this decision has excited the crypto trading scene and XRP  is trading at $0.6025, and although it has experienced weekly losses, it has remained stable. 

The outcome of the settlement with the SEC is a significant factor that could affect its price in the short term.

Conclusion

The crypto market is expanding, and participants are optimistic. Each project has its unique strengths and challenges.

Pawfury introduces a new perspective on crypto with its lucrative presale, low entry cost, and 10% extra bonus. Solana is cementing its position in the DEX scene, while Avalanche is gaining traction and acceptance in the market. Ripple is currently facing legal issues, but there may be a turning point ahead that could impact XRP’s position.