Solana had been trading sideways for an extended period and has plunged significantly over the past few weeks. Due to this, investors are moving towards a more promising project, PropiChain (PCHAIN), which shows potential for explosive early-stage growth.
Analysts suggest PropiChain can outperform Solana in the 2025 bull cycle and provide up to 100x returns by the end of March to early investors.
Solana Plunges To Crucial Support, Will It Fall Further?
After its November rally, Solana has been trading in the $156-$270 range due to declined demand. Over the last month, SOL has experienced a steep downtrend after being rejected from the $271 resistance and has plunged over 40%.
Due to the extended correction, Solana has moved below its 200-day SMA and is now taking support from a crucial support level at $156. In the last 24 hours, Solana has declined 6.41% and trades at $159.69. Despite this decline, the daily trading volume has increased by 58% today.
The MACD oscillator is declining fast, indicating increasing bearish pressure. Solana has an RSI of 30, which means it could become oversold if the price falls further.
PropiChain: Trade Real Estate On The Blockchain
PropiChain is an RWA platform that uses blockchain, AI, and the Metaverse to transform the real estate sector into a more secure and transparent investment environment. It addresses issues like opaque pricing, high transaction costs, fraud risks, and lack of transparency that have long plagued the industry.
PropiChain has brought real estate to the blockchain. It slices properties into small fractions and converts them into tokens, allowing users to participate in the fractional ownership model. Thus, they can gain an edge over conventional investors with increased liquidity and diversification opportunities.
Furthermore, it has added various AI features to simplify the investment process. The platform has built-in AI chatbots available 24/7 to resolve all user queries and virtual assistants that help with complex paperwork and legal documents.
PropiChain also delivers market insights, such as future price fluctuations and demand changes for specific property types. The AI generates this data after analyzing historical property sales and related economic factors. Investors can use these insights to create investment strategies that will help capture maximum profits.
Furthermore, PropiChain has integrated an AI-automated transactions feature to help investors implement these strategies. Users can specify the valuations for buy and sell orders, which the AI executes precisely, removing human errors and increasing potential returns.
The platform also has the Metaverse, which generates immersive 3D renderings for all real estate. Investors can use the Metaverse to assess their dream properties. Thus, the Metaverse helps users finalize investments in distant real estate without traveling from the comfort of their homes.
Moreover, real estate owners can use the platform’s smart contracts to lease their property. Smart contracts help create legally binding lease agreements without endless paperwork and automatically trigger the deal when the tenant transfers funds and both parties sign the document.
The smart contracts also simplify lease renewals by notifying both parties when the agreement is close to expiry and automatically creating a new one with updated terms if they agree.
How PCHAIN Can Outshine Solana
PropiChain’s native token, PCHAIN, is available for $0.011 in stage two of the presale. Its price will surge to $0.023 in the third stage and to $0.032 after the presale.
Thus, stage two token holders can turn a $1,000 investment into over $2,000 by the next stage and over $2,900 by the end of the token presale.
Moreover, analysts say PCHAIN can perform better than Solana in the next bull run because they predict a massive 100x rally for PCHAIN by the end of March 2025, meaning early investors can turn their $1,000 capital into $100,000.
Conclusion
The Solana price action has been underwhelming recently, so analysts prefer PropiChain (PCHAIN). This emerging utility altcoin has provided stable returns despite changing market trends and shows better long-term growth potential.
The leading blockchain auditing firm, BlockAudit, has conducted rigorous security testing of the PropiChain platform to determine user safety. They checked the core infrastructure, smart contracts, security, and regulatory compliance.
The final audit report highlighted zero security vulnerabilities, properly functioning smart contracts, and full compliance with regulations, ensuring PropiChain’s integrity and the security of the user’s funds.
Moreover, PCHAIN has been listed on CoinMarketCap, significantly boosting the presale by providing a broad audience. Token holders can expect quicker returns as the presale gains momentum with more such developments along the project roadmap.
Early-stage PCHAIN presale investors can quickly make significant returns by the end of the presale. However, holding the altcoin for a longer term can help investors capture a massive rally that, according to analysts, will outshine the recent Solana rally and provide a gigantic 100x return by the end of Q1 2025.
For more information about the PropiChain (PCHAIN) Presale:
Website: PropiChain
Join Community: https://linktr.ee/propichain
This news is republished from another source. You can check the original article here