The price growth in Ethereum and Solana slows down, but Ecoterra continues to rise

The price growth in Ethereum and Solana slows down, but Ecoterra continues to rise

They were a few hectic days on the cryptom market, because a wealth of coins and tokens brought double -digit returns.

However, the growth of Ethereum (ETH) and Solana (Sol) has slowed down, which caused investors to make the debate whether the recent increase in dynamics was only temporary.

Meanwhile, the environmentally friendly crypto project Ecoterra (Ecoterra) continues to make headlines-and has now cracked the $ 5.3 million brand in its ongoing advance sale.

turbulent market forces lead to a slowdown by ETH and Sol

At the time of writing this article, ETH moves around $ 1,870 marks after a surprising increase in the early week.

This increase culminated in the fact that ETH broke through the $ 1,900 brand before recovering immediately.

The latest price movements from Ethereum indicate a high volume of sales orders at around $ 1,900, which has stopped upwards.

Although the price has risen over the 20- and 50-day exponential sliding average (EMAS), the movements in the past 24 hours also indicate that a possible renewed test of these indicators is imminent.

In this case, the price could fall back to $ 1,815 and use the 50-dayema ​​as a springboard for another increase.

Meanwhile, the other Proof-of-Stake (POS) cryptocurrency Solana also recorded an urgently needed price increase, with the token briefly exceeding the $ 17 brand.

However, the upward dynamics, similar to Ethereum, seem to have been a temporary nature-the SOL Prize has fallen by almost 8 % in the last 24 hours.

Data from CoinmarketCap show that the SOL trade volume has dropped by 40 % during this period, which indicates that retailers are becoming increasingly careful with regard to the prospects of Solana.

In addition, analyzes from Solscan.io show that the number of active Solana wallets has dropped compared to the maximum of Monday.

long -term potential for Ethereum and Solana continues to be positive

Despite these declining indicators, investors are still relatively optimistic about the broader context of the cryptoma market.

The latest application from Blackrock for a spot bitcoin ETF has revived the market because it shows that large institutions are still optimistic about cryptocurrencies.

In addition, a current report by Market Research Future predicts that the value of the decentralized financial market (Defi) could grow to a whopping $ 446.43 billion.

Since both Ethereum and Solana are heavily involved in the defi market, this forecast implies an enormous chance of growth for both cryptos.

Although ETH and Sol have undoubtedly experienced a slowdown in price dynamics, the long -term prospects remain promising - which makes them attractive considerations for crypto -affine investors.

Which cryptos still grow despite the market recovery?

In the middle of the market fluctuations, in addition to Ethereum and Solana, several other cryptocurrencies are also very interested.

A particularly remarkable example is Ecoterra, which has now collected over $ 5.3 million in its extremely successful ticket phase.

The crypto sensation Ecoterra uses recycling playfully to promote sustainability

ecoterra (Ecoterra) is an ecosystem based on Ethereum that aims to combat climate change by promoting recycling.

The ecosystem has several sustainability functions, whereby the groundbreaking mobile app recycle2earn is undoubtedly the most convincing.

With this app, users can scan the barcodes of different articles and earn ecotra tokens for their recycling-without an upper limit for the earnings of a user.

According to Ecoterras WhitePaper, this structure is intended to create incentives for individuals (and companies) to recycle more and thus positively influence the environment.

Since the rewards on Ecoterra are, users could also benefit from the price of the tokens as soon as it is noted on central stock exchanges (CEXS).

In addition to the Recycle2earn app, the Ecoterra ecosystem will have a marketplace for CO2 equalization, a marketplace for recycled materials and a traceable "Impact Profile".

The potential of these functions has led to a significant hype around the Ecoterra project, with over 6,500 people participating in the official Telegram community.

ecoterra even attracted the attention of several crypto influencers; For example, Crypto Moonlight published a video that means that Ecoterra could give investors "insane profits".

All in all, Ecoterra seems to be ready to make significant progress in promoting sustainability in the blockchain, which makes it an attractive option for environmentally conscious investors worldwide

Visit the Ecotra pre-sale

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