This AI Altcoin Raises $7.9M as Avalanche and Solana Battle for 2nd Place in Crypto Race

The crypto industry is currently transforming due to innovations driven by AI technologies. The overall increase in capital due to the current presale has room to grow to more than $7.9 million, which means that IntelMarkets' trading exchange based directly on AI has already been launched.

Meanwhile, Solana (SOL) and Avalanche (AVAX) are engaging in fierce rivalry for dominance in a deeply unpredictable market.

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Both blockchains, Solana and AVAX, have had severe trials. The price of SOL has fallen by 11% for a week despite high interest from institutions, while SOL is optimistic due to the uprated AVAX 9000 Upgrade, which helps solve some of the price reversals. With this in mind, IntelMarkets, combining machine learning aspects with DeFi, makes itself a disruptive project in which Fortune 500 and sovereign wealth funds seek to invest in, especially for its premium AI functionalities.

Intelmarkets Emerges as AI’s Vanguard in Crypto Trading

Currently, within the 9th presale stage at $0.08, the boom of IntelMarkets is endorsing massive interest in blending AI and blockchains. The system is based on a custom-built Layer-1 to power inbuilt autonomous trading bots modeled on over 100,000 data, optimizing the platform for, among other features, the Rodeum AI™ self-learning tool. This helps the users perform trades based on market conditions and personal limits while reducing the role of emotions in trading.

The presale of INTL shows that the current general investment mood has been observed, raising a massive sum of $7.9M with 12.7M tokens sold. The project’s credibility comes from its team’s solid MIT/OpenAI pedigree and unique trading capability, an AI learning system with a 1000x leveraged trading mechanism that refines its strategies based on its trading outcomes. This capability might establish a new standard for AI-based trading platforms. With SOL network DEX’s rapidly taking on Ethereum for trading volumes, integration with Solana will allow IntelMarkets to benefit from institutional adoption across the larger enterprise community.

Solana’s Ecosystem Thrives Despite Market Headwinds

Solana has had a very eventful journey thus far, with a price of $235 with a $114 billion market capitalization. On the one hand, the weekly charts of Solana seem to tell a tale of a 10% slump. Still, on the other hand, the on-chain data speaks of strong institutional interest where the blocks held by delegated SOL proxies on validators outnumber 20.9 million units by as much as $634 million CAD in the course of the last four months.

Analysts have pointed out the enduring value of Solana’s AI adjacency as reflected by the Truth Terminal project. The network’s quick speed, coupled with its extremely low fees, makes it an ideal ecosystem for the development of autonomous agents, although competition is on the rise as Ethereum expands through multi-layered solutions. The setup of Solana for IntelMarkets is crucial support for them as the dual-chain model offered by its permits traders to draw upon SOL’s technical advantages while still enabling Ethereum interoperability in a strategic hedge within volatile markets.

Avalanche (AVAX) Battles for Relevance With Technical Overhaul

There are underlying tensions that are hidden by Avalanche (AVAX) price, which is at $34.48 and has a total net worth value of $14 billion. Support underwent a 40% bounce from the Avalanche 9000 update in early September but is resisted at $47. Whale transactions are conflicting, with some holding large quantities of edge AVAX, hence $600 million contrasting clearly with a 14.27 drop in daily trading volumes, indicating the regular traders are standing aloof to look for a clear catalyst.

Customizable blockchain deployment has caught the eye of AI developers because of the technological makeover Avalanche (AVAX) is undergoing. Special niche platforms, such as the decentralized real estate platform by PropiChain, suggest the capability of this collaboration, while Avalanche is already following the ecosystem noise created by SOL. IntelMarkets sees ample opportunity to upgrade Avalanche, giving future integration opportunities if the AVAX returns to the range($40-$42) and regains the interest of developers.

Conclusion

As Solana (SOL) and Avalanche (AVAX) progressively mature, IntelMarkets perfectly illustrates the disruptive potential of AI. Its successful presale, supported by institutional experience and a Stanford-advised AI model embraces trader preference for algorithm-aided precision. This shows a significant emerging competitor for the ecosystem leadership that Solana can keep against technical indolence within Ethereum. Beyond that, AVAX has to convert technical upgrades directly into partnerships or risk being sidelined.

As the 9th stage of presale was poised to conclude with a possible 11% growth in value, the project itself signaled a more global reorientation toward blending AI speed with blockchain security. The very competitive stages of the markets are seeing much broader applications for these technologies globally.

Find out more on the IntelMarkets website, grab presale tokens, or join the IntelMarkets community on Telegram.

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Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.