Can Flasko (FLSK) Big Dogs in Cryptocurrency Like Polkadot (DOT) and Solana (SOL) in terms of fast growth?

The market capitalisation of all digital assets, including cryptocurrencies, surpassed $3 trillion in November of last year. Many ordinary people received double-digit or even triple-digit profits on their investments in 2022.  Since then, though, several cryptocurrencies have suffered losses. Coins and the blockchain technology that supports them continue to attract a lot of attention.

Timeline of Polkadot-new, , Solana

Polkadot, which had a high development activity for quite some time, saw a decline in the same recently. Along with that, there has also been a dip in DOT's social media presence as well.

Polkadot price analysis indicates that the DOT/USD pair is currently trading at $6.25 and is maintaining a bearish trend. The bears are currently in control of the market and are likely to push the price down to $6.24 in the near term if the current trend continues.

At the time of writing, Solana's (SOL) seven-day performance was pretty sluggish as it failed to register any promising gains. Though the prevailing crypto-market is a factor behind this performance, there might be other reasons as well.

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto's own research on the subject. Founded over 2 years ago, Solana is one of the leading cryptocurrencies that uses the proof-of-stake (PoS) consensus mechanism.

Polkadot [DOT]‘s Twitter news handle, Polkadot Insider, posted an interesting update on 23 September 2022. As per the update, development activity contributors performance on the network in the last seven days witnessed an upward trend.

Polkadot price analysis for today shows that the cryptocurrency has seen a bullish breakout from a symmetrical triangle pattern. The breakout from the triangle pattern has occurred after a period of consolidation below the $6.25 support level.

The Solana (SOL) price displays a bullish reversal opportunity with a double bottom pattern at the psychological Mark of $30. However, the declining 50-day EMA opposes the bullish growth to reach the neckline at $38.

The price of Polkadot (DOT) is in a downtrend and has fallen to the lower price level of $5.98. This support is the historical price level from July 13 and has not been broken yet.

The launch of Tether tokens (abbreviated as (‘USDT') on Polkadot, a decentralized, open-source blockchain framework, was recently announced by Tether Operations Limited (from now on, referred to as ‘Tether'). Tether is the firm that operates the blockchain-enabled network tether.

Solana [SOL] has joined the league of blockchains that have done over a billion transactions. According to the information from its official website, the SOL ecosystem was able to reach the milestone, thanks to the power of 2,011 validator notes.