Since its impressive recovery in 2023, Solana has rapidly grown and established itself as a serious competitor to the likes of Bitcoin and Ethereum. The L1 Blockchain has recently gained further momentum after a series of exciting developments that could propel the blockchain to the next level.
Let’s dive right into these developments, including a new partnership and phone launch by the Solana Foundation.
Solana Partners With Google to Advance Web3 Gaming
This was a monumental week for Solana, with numerous developments emerging as a result of the recent Solana Breakpoint conference. The highlight of the two-day event was the participation of Google Cloud, which announced a partnership with Solana Labs to announce streamlined access to assets, wallets, and on-chain markets through the Google Cloud Marketplace. The Gameshift offers represent a new dimension for Solana, and experts anticipate a surge in GameFi development on the blockchain as a result.
Next Crypto Phone Incoming: Solana Announces Seeker
Solana subsidiary Solana Mobile has also confirmed its second smartphone after the groundbreaking launch of the Saga phone a few years ago. Labeled the “Seeker”, the phone was launched during the Token2049 conference in Singapore this week.
These developments have led to major traction for Solana (SOL) as the token price has jumped up to $147.38, showcasing a notable jump on the daily charts. Despite Bitcoin being in a consolidation phase, there is also a surge in trading volumes for SOL on leading exchanges.
Additionally, Solana traders are also rapidly accumulating another viral altcoin that is making an impact in the crypto world. This underrated project brings together crypto with artificial intelligence (AI) to offer a unique trading advantage for retail traders.
IntelMarkets Launches With a Bang – $490K Raised in Days
IntelMarkets (INTL) is a trading platform designed to transform the way retail investors can use AI in their trades. The platform is expected to make a significant dent in the $500 Billion trading industry by providing retail investors with advanced tools that were conventionally only available to enterprise giants. In addition, the project is also offering a suite of trading resources for crypto investors.
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The Intelli-M multi-channel analysis is one of the most notable features of IntelMarkets. This tool enables users to get technical analysis from over 100 data feeds along with holistic buy and sell signals, making it easy to generate profits in crypto trading.
Additionally, INTL also offers smart trading robots that can auto-allocate capital based on your desired trading goals. This feature is compatible with multiple devices through the INTL API and allows investors to trade using Telegram or other compatible smartphone applications.
The platform’s technical infrastructure is also backed by a native AI layer on top of the blockchain layer to provide intuitive solutions to users. As a result, INTL has massive growth potential. The total supply of INTL tokens is 2 Billion. The design is to ensure that a wide number of users can become a part of this technological revolution.
IntelMarkets has currently raised over $490,000 as the platform shifts into the second phase of its purchase. This is an important development as it allows early investors to become partners in the viral project and earn profit shares. These exciting features are driving major interest from Solana traders and the broader crypto community as the project is poised to become a powerful force in the crypto world.
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