2024

Solana

World

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. 
Several popular cryptocurrencies have posted sharp gains over the past few years. One such example is Solana (SOL). Meanwhile, investors are closely monitoring Borroe Finance (<a target="_blank" href="https://borroe.co/crn77" rel="noreferrer noopener">ROE</a>). The platform aims to redefine web3 fundraising and has garnered support from XRP investors.&nbsp; 
<h2 class="wp-block-heading" id="more-about-borroe-finance">More about Borroe Finance</h2> 
<a target="_blank" href="https://borroe.co/crn77" rel="noreferrer noopener">Borroe Finance</a>&nbsp;has raised over $2.6 million in the ongoing presale.&nbsp; 
The AI-powered fundraising marketplace allows web3 businesses to raise cash by selling future earnings to supportive communities at discounted prices.&nbsp; 
 You might also like: <a href="https://crypto.news/shiba-inus-burn-rate-up-by-6000-cardano-and-borroe-finance-are-firm/"> Shiba Inu’s burn rate up by 6,000%; Cardano and Borroe Finance are firm </a> 
In stage 4 of its presale, ROE is available for $0.019. 
The token will list for $0.040, but supporters say ROE can rally to $0.190 by December 2024. 
<h2 class="wp-block-heading" id="solana-falling">Solana falling</h2> 
On Jan. 18, Electric Capital released a report on the best non-EVM chain for new developers.&nbsp; 
Solana emerged as the top pick for developers, with over 3,300 actively building on the blockchain.&nbsp; 
Additionally, the report predicted that the Solana ecosystem will see 2,500 new developers in 2024, with a 50% retention rate.&nbsp; 
 You might also like: <a href="https://crypto.news/community-run-solana-mobile-dao-puzzled-over-60k-hack/"> Community-run Solana mobile DAO puzzled over $60k hack </a> 
Despite this, SOL is under pressure, failing to break above $90. 
With bears in control, some analysts say SOL will drop to as low as $75 by February 2024. 
<h2 class="wp-block-heading" id="xrp-investors-anticipate-2024-roadmap">XRP investors anticipate 2024 roadmap</h2> 
On Jan. 16, Ripple CEO Brad Garlinghouse joined CFTC Commissioner Caroline D. Pham at Bloomberg House. 
They discussed the future of cryptocurrency and ways to ensure that digital assets like XRP are more adaptable to future changes.&nbsp; 
 You might also like: <a href="https://crypto.news/world-economic-forum-offers-guidance-on-global-crypto-regulations/"> World Economic Forum offers guidance on global crypto regulations </a> 
On Jan. 18., Brad spoke at the World Economic Forum, emphasizing the need for a realistic perspective on cryptocurrency and sharing Ripple’s plans for Central Bank Digital Currency (CBDC) in the upcoming months. 
XRP remains unmoved. On Jan. 12, the coin changed hands at $0.5777, and a week later, it lost 7.44%, trading at $0.5347.&nbsp; 
According to analysts, investors should consider other coins besides XRP in Q1 2024 due to declining investor confidence and falling upside momentum. 
 Read more: <a href="https://crypto.news/race-to-1-will-xrp-borroe-finance-or-hedera-succeed/"> Race to $1: will XRP, Borroe Finance, or Hedera succeed? </a> 
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Borroe Finance presale draws XRP and Solana holders

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