Today, the absence of U.S. labor data and uncertainty about the government shutdown leave financial markets in anticipation. Meanwhile, Bitcoin continues to attract buyers above $120,000. Binance Coin reaches new all-time highs, and Sol Coin endeavors to retain the $235 mark. How are the forecasts shaping up for XPL, Aster, and Sol Coin?
XPL and Aster Coin Capture Attention
Both XPL and Aster Coin entered the market at a fortuitous time, riding the coattails of a general upswing in cryptocurrencies. While many altcoin launches occurred during unfavorable market sentiments, XPL and Aster Coin were well-timed, giving them a competitive edge. Aster, a decentralized DEX platform, has gained traction alongside popular initiatives like Hyperliquid.
Aster’s trajectory is notable, with unusual price movements catching attention. Investor sentiment suggests that with the backing from CZ and Binance Coin’s continuous peaks, Aster could reach new highs, potentially surpassing $2.4. Stable upward candlestick patterns contribute positively to market expectations.
XPL Coin, on the other hand, faced debates over its supply but managed to overcome this with the team’s clear denial of such claims. They announced that the supply is locked, akin to encountering a PUMP-style rally. Sherpa anticipates a similar scenario for XPL, expecting a sideways movement followed by a significant rally.
Solana (SOL) Eyes New Milestones
Rumors swirl around Solana (SOL), predicting a possible ETF approval as early as next week. The SEC was already expected to green-light altcoin ETFs in October and November, but the SOL Coin process could progress even faster. With XRP and SOL already listed on the CME, spot ETF approvals are seen as a certainty for these coins.
After testing $235, Solana currently hovers just below that mark. With the Bitcoin chart trumpeting supportive signals for SOL Coin, seeing new all-time highs before the month’s end wouldn’t be a surprise. Analyst Ali Martinez predicts that closing above $260 could propel Solana to a remarkable $520 figure.