In a bold statement that has caught the attention of the crypto community, a top trader has revealed that he is prepared to swap his Solana holdings for Avalanche if a key signal appears on the AVAX chart. With both Solana (SOL) and Avalanche (AVAX) being two of the most popular layer-1 blockchain platforms, this potential trade highlights the growing competition and volatility in the crypto market.
The price of AVAX today is $28.65, up 2.8% in the last 24 hours. AVAX had soared to $29.26 in the wee hours of Oct. 21 but has since slightly retraced. The Avalanche price chart shows the asset is bullish, with a potential for over 20% gains.