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Cryptocurrencies Price Prediction: Ethereum, Solana & Cryptos – American Wrap 17 October

Solana Price Forecast: SOL hovers above $150 as interest in building on its blockchain doubles in 2024

Solana (SOL) hovers around the $150 level on Thursday. Recent gains in the native token of the Solana blockchain are likely catalyzed by rising investor and developer interest. 
Ethereum’s (ETH) price trades broadly stable above $2,600 on Thursday after finding support at a key level on Tuesday. Increasing fees indicate greater network usage, and a record high in ETH staking during the third quarter suggests that more holders are seeking yield, all pointing to the potential for a rally ahead.

Bitcoin holds above $67,000 on Thursday. The largest cryptocurrency by market capitalization erases less than 1% of its value on the day. With four consecutive days of positive flows, Bitcoin Spot Exchange Traded Funds (ETFs) see a revival in demand from institutional investors. 

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