Ethereum, Solana, and Unstaked: Current Crypto Price Outlooks

Ethereum faces potential sell pressure as it struggles at $1,620, while Solana sees bullish momentum driven by institutional interest and new ETFs, pushing TVL past $7B. Meanwhile, Unstaked emerges as a unique contender in the crypto space, promoting active engagement through AI, offering opportunities for higher returns through $UNSD tokens in presale.

Crypto enthusiasts have their eyes on Ethereum, Solana, and a new entrant called Unstaked, with each presenting unique potential for returns. Ethereum is facing critical price challenges at the $1,500 level, while Solana is experiencing a surge in interest and total value locked (TVL), which is expected to bolster its price. Meanwhile, Unstaked is attracting early adopters with its innovative model that rewards on-chain engagement.

Ethereum (ETH) is currently in a precarious position. Flows into derivative exchanges recently spiked, with 77,000 ETH moving on April 16 alone. Historically, such inflows signal potential selling pressure. This caution is evident as Ethereum struggles to surpass the $1,620 resistance, with momentum indicators reflecting bearish trends. Without noteworthy demand or macroeconomic uplifts, it seems we might see a test of the lower support at $1,500.

In contrast, Solana (SOL) is in a better spot—up this week on the back of institutional demand and rising engagement. The launch of several spot Solana ETFs in Canada is encouraging traditional investors to enter the market, which is lifting its liquidity. Furthermore, Solana has bridged over $120 million from other blockchain networks this past month, pushing its TVL up to $7.08 billion. Technically, SOL has broken free from a falling wedge pattern, suggesting more bullish momentum as the RSI rises.

On the fringe of this crypto landscape, Unstaked is creating a buzz by allowing users to turn their social media presence, especially on X (formerly Twitter), into tangible rewards. Using AI, these agents manage social accounts with little input from the user, maintaining and boosting engagement. This isn’t merely automation; it’s a strategy for consistent user growth.

An innovative feature of Unstaked is its Proof of Intelligence framework, which correlates meaningful engagement to the earning of $UNSD tokens. Currently, $UNSD is in its presale phase at a low price of $0.0065, with an anticipated launch price of around $0.1819. For creators wanting to leverage their influence while minimising effort, Unstaked offers a fresh and enticing model.

With the market dynamics changing, Unstaked provides an alternative for users looking to move away from passive holding. This new approach directly links engagement with on-chain value, redefining the participation model in crypto. For those scouting for the next big thing, Unstaked might well present the best opportunity for higher returns.