Trader says Solana (SOL) and Toncoin (TON) could trend even lower, but suggests an Ethereum alternative for survival

The crypto market has seen a downturn, with several tokens such as Solana (SOL) and Toncoin (TON) seeing dips. Meanwhile, some projects such as RCO Finance (RCOF) show resilience in the face of this crash.

One analyst attributes this resilience to the project's great features and use cases. Can this new Ethereum project continue to make gains in a bearish environment? Let's explore some recent news on Solana, Toncoin, and RCO Finance.

Spot Ethereum ETFs attract interest in Solana amid SOL’s rising performance

As Ethereum spot ETFs have been trading on Wall Street for nearly a month, investors are turning their focus to the next possible crypto ETF, with attention focused on Solana, the second-largest altcoin. Asset management firms have been in the news for considering launching Solana spot ETFs.

According to Coinmarketcap, Solana has recently seen a slight increase in value of 0.61% and is currently trading at $146.45. DataAnalysts are optimistic about Solana's prospects, especially after SOL broke the resistance levels at $143 and $146, suggesting that it could surpass the $160 mark if the uptrend continues.

However, if SOL fails to overcome the next resistance level at $154.74, a downturn could occur and the price could fall to around $135.42 under bearish pressure in the coming weeks.

Ethereum-based RCO Finance offers an innovative approach to cryptocurrency investing

RCO Finance is an innovative project that uses the Ethereum network to integrate artificial intelligence and traditional investment strategies into the cryptocurrency market.

Recent advances in AI, as seen in tools like ChatGPT and Gemini, have paved the way for projects like RCO Finance by combining cutting-edge technology with financial services.

At the heart of RCO Finance’s offerings is a AI-driven robo-advisor, a tool that has caught the attention of leading cryptocurrency traders, including a top Dogecoin trader. This robo advisor is designed to create customized investment strategies for users that align with their financial goals while adapting to changing market conditions.

The system uses advanced AI and machine learning algorithms to analyze the cryptocurrency market and continuously identify potentially profitable assets.

After receiving user authorization, the Robo Advisor actively manages investment portfolios. It notifies investors of market changes and dynamically adjusts portfolios by divesting from underperforming or highly leveraged assets to optimize returns and minimize risks.

RCO Finance positions itself as a leader in the evolving landscape of cryptocurrency applications, leveraging blockchain technology to enhance the security and transparency of user holdings. Regularly Examinations from renowned security company SolidProof further strengthen trust and security and ensure that users can invest through the platform with confidence.

Toncoin’s meteoric rise: analyzing TON’s rise and future prospects

Due to a significant price drop and pessimistic technical indicators, Toncoin is likely to drop to $5 soon.

According to Coinmarketcap data, TON has seen a significant loss in value in recent years. DaysOn August 12, the TON price reached $6.29, a decrease of 7.53%.

According to data from Santiment, Toncoin has seen an increase in active addresses and circulating supply. Due to increased market activity, this increase could push the value of TON up to $8.00 in the coming weeks.

However, some analysts are cautious about Toncoin's future, citing the increasingly pessimistic sentiment in the broader crypto market. If market sentiment turns unfavorable, TON's value could fall to $4.42 in the coming weeks.

RCOF: Your path to a price increase of over 8,000%!

Amid the volatility and uncertainty surrounding SOL and TON, RCOF stands out for its focus on stability and profitability.

While the crypto market is anticipating a possible rise of Ethereum to $7,000, you can see a remarkable 8,000% Take advantage of RCO Finance, a promising new project. Currently, in phase 2 of the RCOF presale, the tokens are selling quickly at 0.0344 USD each with a targeted introductory price of $0.40.

This makes RCOF one of the best cryptocurrencies to buy right now. Don't wait – buy your RCOF tokens today and watch your portfolio grow as the presale progresses.

Further information on the RCO Finance presale:

Disclosure: This is a sponsored press release. Please do your research before buying cryptocurrencies or investing in projects. Read the full disclosure here.