Fartcoin’s rapid ascent reflects the growing influence of AI-themed crypto. In just 24 hours, Fartcoin surged over 45%, reaching a new all-time high (ATH) of $1.44 billion.
This rally has been fueled by increasing investor interest, rising trading volumes, and its connection to the AI agent Truth Terminal. Truth Terminal’s endorsement has significantly boosted the coin’s credibility and visibility.
With a current market capitalization of $1.38 billion and a trading volume of $176 million, Fartcoin continues to attract attention from retail and institutional investors.
The AI narrative has gained significant traction in the cryptocurrency market, with coins like AIXBT, AI16Z, VIRTUAL, and ZEREBRO capturing investors’ interest.
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Fartcoin Price Action: What’s Next After FART’s New All-Time High?
The chart shows a significant bullish trajectory for Fartcoin, with the price reaching a new all-time high of $1.4. The immediate support is around the $757 million market cap, and the next critical support level is at $426 million, indicated by the green horizontal line. The price broke the resistance level at $1.26 billion, and it’s now in price discovery.
The 100-period moving average (MA) suggests sustained bullish momentum, as the price is significantly above the MA line. This indicates strong market confidence and buying pressure. Also, the trading volume has increased substantially, with $9 million in volume driving the latest rally.
The market cap now stands at $1.38 billion, reflecting an upward trend that has persisted since its launch. The chart’s consistent higher highs and higher lows confirm a strong bullish structure.
If the price consolidates, it may retrace to the support zone between $757 million and $1 billion before resuming its upward trend.
Solaxy’s Layer-2 Solution Hits $7M in Presale
The demand for Layer-2 solutions in blockchain is growing rapidly, and Solaxy (SOLX) is leading the way for Solana. With over $7 million raised during its presale, Solaxy is the first Layer-2 solution built specifically for Solana, addressing its scalability challenges.
Layer-2 solutions improve blockchain performance by processing transactions off-chain and settling them on the main chain. This reduces congestion, lowers fees, and speeds up transactions.
Ethereum has already showcased the success of Layer-2 solutions with platforms like Arbitrum, Base, and Optimism. These have eased congestion and improved accessibility, even during high traffic.
Solaxy offers similar potential for Solana. Solana’s high throughput is impressive, but rapid growth has caused congestion, transaction failures, and rising costs during peak activity. Solaxy aims to solve these issues by offering smoother operations, lower fees, and a better user experience.
The SOLX token powers the Solaxy ecosystem and has gained significant attention. Its presale has raised over $7 million in less than two weeks, highlighting strong demand for Solana scaling solutions. Early investors can buy SOLX for $0.001588, with prices rising in each presale stage. Beyond being a token, SOLX enables transactions and governance within the platform.
To ensure security, Coinsult audited the SOLX token to confirm its reliability. Solaxy’s community is growing fast, with thousands joining daily and support from influencers like ClayBro.
With a thriving community, over $7 million raised, and strong market interest, Solaxy is becoming a standout Layer-2 solution for Solana and a promising crypto project to start in 2025!
EXPLORE: Is Venezuela Abandoning Dollar For Digital Assets? Crypto Adoption Skyrocketed Over Past Year
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