Bitcoin Dump Shakes Market, But Can Cardano and Solana Bounce Back?
- Bitcoin’s dump to $112K has left the market jittery, with altcoins adapting quickly.
- Cardano remains focused on its ecosystem vision, while Solana continues to dominate revenue metrics.
- By late August, ADA could hit $0.92 and SOL may edge toward $205, assuming support levels hold.
The crypto market has been rattled once again after Bitcoin tumbled to $112K, triggered by a massive whale unloading 24,000 BTC in one shot. The sudden move sent shockwaves across the board, with altcoins scrambling to adjust to the new pace. Now, the big question is whether Cardano (ADA) and Solana (SOL) can regain momentum and carve out fresh highs before the month closes.
Cardano Keeps Pushing Its Vision
Cardano has always leaned heavily on its reputation as one of the most decentralized projects out there. Founder Charles Hoskinson hasn’t been shy either, recently reiterating that Cardano is designed to “own the whole map” with features like post-quantum security and its growing partner chain ecosystem. While ADA is holding steady around $0.87, long-term accumulation signals suggest that holders aren’t losing faith, even as broader volatility takes a toll.
Solana Maintains Its Grip
On the Solana side, things look just as heated. SOL has been trading around $203, holding firm despite the market dip. More importantly, Solana continues to dominate network revenue metrics, keeping its lead for 22 weeks straight—an impressive streak that points to real usage, not just speculation. With this kind of consistency, bulls are eyeing the $205 range as the next short-term breakout point.
— Solana Daily (@solana_daily) August 19, 2025
#Solana continues to dominate network revenue, leadin.g all L1s & L2s, marking its 22nd straight week on top – showing no signs of slowing down.
Check out the leaderboard from the past week:@Solana — $20.81M
@trondao — $15.27M
@Ethereum — $14.73M
@Bitcoin —… https://t.co/Qu9omZmbPU pic.twitter.com/PSBaOogbfa
Price Predictions Into August’s Close
Looking ahead, analysts over at CoinCodex expect ADA to grind its way toward $0.92 by the end of August 2025. It’s not a moonshot, but given current conditions, even small gains could signal stability. Meanwhile, Solana is forecasted to hit $205 in the same timeframe—just a nudge above current levels, but one that could pave the way for a bigger run if market sentiment flips bullish again.
The post Bitcoin Dump Shakes Market, But Can Cardano and Solana Bounce Back? first appeared on BlockNews.
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Bitcoin Dump Shakes Market, But Can Cardano and Solana Bounce Back?
- Bitcoin’s dump to $112K has left the market jittery, with altcoins adapting quickly.
- Cardano remains focused on its ecosystem vision, while Solana continues to dominate revenue metrics.
- By late August, ADA could hit $0.92 and SOL may edge toward $205, assuming support levels hold.
The crypto market has been rattled once again after Bitcoin tumbled to $112K, triggered by a massive whale unloading 24,000 BTC in one shot. The sudden move sent shockwaves across the board, with altcoins scrambling to adjust to the new pace. Now, the big question is whether Cardano (ADA) and Solana (SOL) can regain momentum and carve out fresh highs before the month closes.
Cardano Keeps Pushing Its Vision
Cardano has always leaned heavily on its reputation as one of the most decentralized projects out there. Founder Charles Hoskinson hasn’t been shy either, recently reiterating that Cardano is designed to “own the whole map” with features like post-quantum security and its growing partner chain ecosystem. While ADA is holding steady around $0.87, long-term accumulation signals suggest that holders aren’t losing faith, even as broader volatility takes a toll.
Solana Maintains Its Grip
On the Solana side, things look just as heated. SOL has been trading around $203, holding firm despite the market dip. More importantly, Solana continues to dominate network revenue metrics, keeping its lead for 22 weeks straight—an impressive streak that points to real usage, not just speculation. With this kind of consistency, bulls are eyeing the $205 range as the next short-term breakout point.
— Solana Daily (@solana_daily) August 19, 2025
Check out the leaderboard from the past week:
Price Predictions Into August’s Close
Looking ahead, analysts over at CoinCodex expect ADA to grind its way toward $0.92 by the end of August 2025. It’s not a moonshot, but given current conditions, even small gains could signal stability. Meanwhile, Solana is forecasted to hit $205 in the same timeframe—just a nudge above current levels, but one that could pave the way for a bigger run if market sentiment flips bullish again.
The post Bitcoin Dump Shakes Market, But Can Cardano and Solana Bounce Back? first appeared on BlockNews.
Читать больше