📈 Positive Outlook for August: SOL and ADA in Focus
by Iodato Ag
August has arrived, bringing an interesting opportunity for those looking for strong performances in the crypto market. With the fundamentals proving solid and technical indicators pointing to potential gains in the short term, I have highlighted two altcoins that deserve special attention: Solana (SOL) and Cardano (ADA).
1. Solana (SOL) – Rising with Strong Technical Structure
The SOL token is currently trading at ~ 177 USD, with upward movement in recent days, despite a slight intraday retracement.
According to analyses from Indiatimes, SOL shows strong technical indicators, and it is expected to appreciate further in the coming days, establishing itself as a high-performance alternative to Ethereum.
Improvements in the network (such as increased staking rewards and inflation control) and mention of the US strategic reserve reinforce the positive outlook.
Thesis: SOL is growing strongly by combining efficient technology, relevant upgrades, and institutional recognition. August could be the month to reap gains of 15–25%.
2. Cardano (ADA) – Classic with Technical Catalysts
ADA is priced at ~ 0.83 USD, recovering after testing the range of $ 0.60–0.70.
Experts estimate an appreciation of ~25% by the first week of August, reaching levels close to $ 0.95.
The network continues to gain momentum with dApps in Plutus and institutional interest — a favorable setup for appreciation.
Thesis: ADA has a consistent probability of recovery in August, supported by technical indicators and real advancements in the network.
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Conclusion
August promises to be significant for the crypto market, with Solana and Cardano in the spotlight.
