The broader cryptocurrency capital has turned green, with huge gains of 10.98% around the clock. Notably, bitcoin and ethereum have contributed the bulk of the gains, rallying over 10% in the last 24 hours.
There are many other programs that have made huge gains and could continue to rise in the next 48 hours.
Avalanche and Solana have performed incredibly well, gaining 9.89% and 10.85% respectively in the last 24 hours. In addition, these tokens are optimistic that they will continue to rise over the next 48 hours, bypassing overhead resistance.
Avalanche price increases 2 times
Avalanche experienced a solid rally at the bottom support level of $68.12 to reach $78.16, up 14.83% for the day. The asset optimistically broke above the key $84.50 resistance to confirm its march to new highs. At the moment, there are no signs that the price will return to the previous support level.
The chart above illustrates the daily transactions that occur on the AVAX network. It is currently generating successively higher highs as the network activity recovers. In the next 48 hours, it could continue and push prices above $100.
Solana prices soar to over $200
Solana's price broke strongly above $95.03 to reach $112.05, up 8.61% for the day. The bulls may push the price up to the upper resistance at $146.50 to bypass $200.
In addition, the platform is gaining most of its traction from the NFT space, so it is likely to be the main catalyst for the current supercycle.
Overall, AVAX and SOL are the two blue chip cryptocurrencies that are likely to gain most of their traction. These two tokens further contribute to the expansion of the NFT space.