Solana’s Crown Slipping? Cardano Heats Up as a Top Crypto Rival

Description

Cardano (ADA) is retesting the 20-day EMA which is a major resistance at $0.80. Solana (SOL) has formed three consecutive bearish daily candles. SOL token price drop is a result of the LIBRA pump and dump scheme. Solana (SOL) has stayed as the most popular blockchain in the past year especially as its meme tokens exploded on the blockchain network. However, SOL is in for a stiff competition from Cardano (ADA) as the blockchain is being upgraded. While asset management firm Grayscale has said the...