Biggest Movers: MATIC, SOL Move Towards 4-Month Highs on Saturday

Polygon rallied to its highest point in nearly four months on Saturday, as the token climbed to the $1.00 mark to start the weekend. Solana was also trading at a multi-month high, as it rose by over 10% earlier in today's session. As of writing, the global crypto market cap is trading nearly 3% higher.

Timeline of Polygon, Solana

The Solana price analysis reveals that the bullish rally seems to be getting stronger as the cryptocurrency achieved another target in the past 24 hours. The bulls have been covering a high range for the past week, as the buying activity reached its peak today as the coin has marked a higher high at $47.6.

FrontFanz, the female-led venture founded by Rosey Sin and Stacey Carlaa, has announced its next wave of content creator acquisitions, unveiling over 100 new creators set to join the Web3 platform at launch. Led by Courtney Ann and Tracy Kiss, who each have over 1.

Solana price has attempted to revisit the $44 price mark again and it is a matter of time till the coin displays its next move. Over the last week the coin rose by 14% and in the past one day there has been a close to 3% increase in market value.

Polygon's [MATIC] recent bull run evoked a break beyond the EMA ribbons to reveal a robust buying revival. As the ribbons finally undertook a bullish flip, the $1-zone has been plateauing the streak of green candles.

The new censorless Polygon Web3 subscription content platform, FrontFanz, has had an ambitious roadmap ahead of them from the start. Ever since they came out from the shadows, FrontFanz's popularity has been steadily growing.

The Solana price analysis shows that the bulls have succeeded in making an impact during the last 24 hours after successfully continuing their lead. A significant amount of recovery in SOL value has been observed as the price has increased up to $43.3 because of the latest upturn.

Solana [SOL] 2021 performance remains one of the best in recent times. Unfortunately, the “Ethereum killer” had failed to replicate that bullish run as it remained at a whopping 83.68% below its all-time high (ATH) as per CryptoQuant.

Over the last few weeks, Solana's [SOL] patterned breakout crystallized into a symmetrical triangle after retesting the upper trendline of the down-channel. The close above the 20 EMA (red) and the 50 EMA (cyan) has hinted at an increasing buying edge.

Austin, TX, United States, 11th August, 2022, Chainwire Jito Labs, an MEV infrastructure company building performant systems to scale Solana, has completed a $10M Series A. The round was led by Multicoin Capital and Framework Ventures with participation from Alameda Research, Solana Ventures, Delphi Digital, MGNR, Robot Ventures, and 18decimal.

Polygon (MATIC) price prediction relies heavily on the CPI numbers for July. Polygon price soared by 125% since July 1; Analysts spotted a rally of 68% catapulting to an 85% boost in terms of profit.