Author
Karim Boussaada
Author
partner
Rumors indicate that Solana will see a direct integration with X, reinforcing Solana’s positive price outlook by appearing on one of the largest social media platforms.
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Solana ecosystem officials say the network will play a direct role in X’s quest to become a “multi-purpose app” with native financial features.
This comes as Nikita Beer, Head of Product at X, announced the Smart Cashtags feature, designed to improve the way users reference and access information related to financial assets on the platform.
The “Smart Tags” feature will allow users to identify a specific asset or even smart contracts when they include a token in their posts, and view real-time price and performance data directly from their timeline.
This is especially important for ecosystems like Solana that have active token launchers, where token crosstalk is common.
Clearly identifying contract-level assets on a high-traffic social platform can improve the visibility of Solana-based tokens, thereby increasing engagement and ultimately driving that demand back to SOL as the utility token behind them.
Solana Price Prediction: Exposure to X could lead to significant upside.
A greater presence on such an influential financial platform could contribute to a stronger breakout of the one-year descending triangle pattern.
With the key intermediate resistance level around $145 about to be breached, the setup may have already begun.
Momentum indicators still support this decision. The Relative Strength Index stabilized above the neutral line after a decline, indicating continued buyer activity.
The MACD indicator indicates almost the same, confirming the continuation of the uptrend as it continues to widen its advance at the signal line after a short decline.
The main breakout level is around the all-time resistance level at $210. If it turns into a support level, it could confirm a triangle breakout targeting a 245% move towards $500.
However, as Solana enters the mainstream, bullish market sentiment could attract new liquidity from retail investors and push the altcoin to much higher levels, in anticipation of a 590% rally to $1,000.
Bitcoin Hyper: Solana could face competition
Those who chose Solana over the leading cryptocurrency may soon have to reconsider their decision, as the Bitcoin ecosystem finally addresses its biggest limitation: scalability.
Bitcoin Hyper ($HYPER) connects Bitcoin security to Solana technology, creating a new Layer 2 network that unlocks scalable and efficient use cases that Bitcoin could not have supported alone.
Anything Solana can do, Bitcoin can do now.
The project has already raised nearly $30.5 million in pre-sales, and after launch, even a small fraction of Bitcoin’s massive trading volume could significantly increase its value.
The Bitcoin Hyper platform addresses the slow transactions, high fees, and limited programmability that have limited Bitcoin’s potential for so long – just as the market is turning bullish.
Visit the official Bitcoin Hyper website here
