Solana (SOL) Rolls Out Mainnet Beta Upgrade; FLOKI (FLOKI) Stalls; Analysts Bullish on InQubeta’s (QUBE) Launch

It has been a rough couple of weeks for Solana (SOL), plummeting from an annual high of $200 to trading below $150. The network congestion and outage amid soaring meme coin transactions can be primarily linked to the decline. To address this issue, the mainnet beta update v1.17.31 has rolled out. Hopefully, we will see a stronger rebound in the coming days. 

At the same time, FLOKI (FLOKI), one of the best meme coins, trades on the downside amid the overall market downturn. Considering the volatile nature of meme-inspired assets, it was hit the hardest, with selling pressure intensifying.

Meanwhile, InQubeta (QUBE), a new AI coin and an emerging crypto, is quickly becoming an analyst favorite. The presale concluded after $13.6 million was raised in early funding, with analysts bullish on its launch.

InQubeta (QUBE): Analysts’ Bullish Stance Explained

InQubeta (QUBE) is one of the biggest stars this year, stealing the spotlight from new and established cryptocurrencies. With the presale coming to an end, attention has shifted to its market debut and analysts couldn’t be more bullish.

Bursting with optimism and confidence, analysts predict an 80x spike after its launch, making it arguably the best new crypto to invest in. If you are an early holder, this is a great shot at creating generational wealth—WAGMI.

Its bullish forecasts aren’t castles in the air. It is driven by its real-world applications and the problems it aims to solve. Standing at the intersection of AI and blockchain, it intends to transform AI’s fundraising landscape.

Through its unique approach, it will build the first-ever crypto-based crowdfunding platform for AI tech startups. This will allow startups to raise capital through the QUBE token, thereby contributing to the future of AI technology.

Visit InQubeta Website

Solana (SOL): Mainnet Beta Upgrade Rolls Out

Solana (SOL), one of the top altcoins, had an impressive first quarter of the year. Outclassing most altcoins, including Ethereum, the leading altcoin and new tokens like Starknet and Wormhole, it hit $200. The memecoin frenzy can be linked to its significant upswing, which, ironically, was behind its price plummeting.

The network’s inability to process the soaring meme coin transaction led to an outage. Unsurprisingly, the Solana price nosedived, liquidating several long positions and sparking concerns. However, the mainnet beta update v1.17.31 has rolled out to address network congestion.

It is worth noting that this won’t be the first time the Solana network has been congested. The network demand outpaces timely developer intervention, which the team has been working tirelessly to fix. Hopefully, we will see a price comeback in the coming days.

FLOKI (FLOKI): In Bearish Zones

FLOKI (FLOKI) was among the biggest highlights this past quarter. Riding the memecoin wave, it was at the forefront of the latest craze, reaching a striking distance from its all-time high (ATH). However, as attention shifted away from memes and the market experienced a setback, it nosedived.

With the market in red, FLOKI reflects the broader market sentiment. While it trades on the downside, it isn’t alone in its misery, with other altcoins also trading on the downside, including the trending Solana memecoins.

However, a price comeback doesn’t seem too far away—don’t panic and sell your holdings. According to analysts, it will reclaim its peak in the coming weeks, making it one of the best coins to invest in.

Conclusion

Solana’s mainnet beta upgrade is expected to address the challenges around network congestion and push up SOL’s price. Meanwhile, FLOKI trades on the downside, while analysts continue to wax lyrical about InQubeta’s launch. Set to take the crypto landscape by storm as it goes live on Uniswap and MEXC, it is on its way to becoming the next big thing.

Visit InQubeta Website