Analysts Forecast Major Price Gains for Cardano and IntelMarkets; Tron Hits Another Milestone
The Tron network has reached another milestone again as the number of accounts on its platform surpassed 258 million. Also, tron’s total transfer volume has crossed $13 trillion.
In other news, an analyst believes the price of the Cardano coin could increase to the $4 region in 2026. Also, analysts forecast the price of IntelMarkets could increase by 1,100% in the coming months. These price predictions make them the best altcoins to watch in the market right now.
Over the years, the Tron (TRX) ecosystem has developed, witnessing huge adoption and usage. According to a recent tweet, the total number of accounts on the Tron network has reached 258.1 million, a new milestone.
This figure is a testimony to the high adoption of the platform, which is set to revolutionize the DeFi market. In another tweet, Justin Sun, Tron Founder, revealed the total transfer volume on the blockchain has crossed $13 trillion.
In other news, the Tron price is trading above the 50-Day SMA at $0.142564 and the 200-Day SMA at $0.129788. The price movement of the Tron crypto has slowed down due to the selling pressure in the market. Analysts forecast the value of the cryptocurrency could increase to $0.158716 in the coming weeks.
Market analyst MafeoFerrari has commented on the future of Cardano (ADA) in a post on TradingView. He posted a chart showing that the Cardano market is in a rounded bottom pattern and could enter an accumulation phase soon.
The analyst again pointed out that $0.22 is a solid support level that will determine the price trajectory of Cardano ADA. As per MafeoFerrari, Cardano is all set to go on a bullish ride from this level by the end of 2025, more precisely reaching a new ATH of $4.6537 by December 2026.
However, the analyst cautioned that if the Cardano price goes below $0.22, the cryptocurrency could drop to $0.13. Presently, the Cardano coin is currently trading below the 50-day SMA ($0.352987) with Its 14-day RSI below the 50 mark.
Both are signs that bears are the ones in control of the market. The cryptocurrency’s market cap is consolidating between $11 billion and $14.5 billion on the monthly timeframe.
IntelMarkets (INTL) is attracting attention in the perpetual futures contract arena, which had an average daily trading volume of $101.9 billion in 2022. With its advanced AI-based trading platform, IntelMarkets is positioned to provide the best environment for perpetual futures contract trading with leverage up to 1,000x.
This leverage allows traders to earn more profit with little investment. Also, the platform will also feature advanced trading tools created by former employees of top firms like MIT, OpenAI, and Goldman Sachs. Some of them are risk management tools, advanced charting software, customized indicators, and so on.
These tools are aimed at solving trader’s needs as it understands the fact that trading can be arrayed in so many ways. It is worth mentioning here that IntelMarkets is a dual-chain trading platform that integrates the best of two blockchains – Ethereum and Solana.
Such a move allows IntelMarkets users to enjoy fast transactions, low fees, high flexibility, scalability, and throughput that has not been seen before. IntelMarkets is currently in the first stage of its presale and has raised over $280k in funding. Analysts say the price of its native token, INTL, could rise from $0.009 to $0.11 in the coming months, an increase of 1,100%.
Tron has witnessed huge adoption over the past few years. Also, analysts have given bullish price forecasts for two altcoins – IntelMarkets and Cardano. While IntelMarkets’s value is expected to soar by 1,100%, that of Cardano might reach $4.537 by December 2026.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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