Trader Predicts Avalanche and Solana Price Surges Amid New App Launches
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Altcoin Sherpa predicts Avalanche (AVAX) will surge over 12% due to the launch of Stars Arena on its blockchain.
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The trader expects Avalanche to dip to $10.20 before surging past $12 in November.
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Solana (SOL) will likely dip to lower levels around $21-$22 before another move upwards, according to the trader.
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It's unclear if social apps like Friend.tech and Stars Arena can all succeed long-term amid social network fragmentation.
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The analyst cautions buying dips in SOL and AVAX as long as Bitcoin holds steady.