At the heart of the current market buzz is Unilabs Finance (UNIL), a fast-rising AI-DeFi protocol tipped to outperform the Solana coin and XRP Ripple. Further intersecting with traditional finance, the $30 million AI-driven asset manager has bullish fundamentals, with funding crossing $12.8 million in record time. Is it the best DeFi crypto to buy now?
Is the Solana Coin Overvalued and Overhyped?
The Solana coin crossed $200 this week following a 20% gain in the weekly timeframe. Also, it recorded a 25% increase on the monthly chart, presenting a bullish and optimistic outlook.
But is the altcoin overvalued? With a market capitalization of $108 billion, the sixth-largest crypto by market cap, the Solana coin price can only go so high. Moreover, according to CoinMarketCap data, the Layer-1 token price has exploded by 24,000% since its launch, meaning new investors are late.
At the same time, Token Terminal reports a 15% decline in the number of monthly active addresses to 62.3 million, signaling declining interest. Losing current support could ignite a potential retest of $156, its 30-day high. Hence, we suggest not throwing caution to the wind.
XRP Ripple Price Might Have Peaked
Despite the official settlement of the SEC lawsuit, the XRP Ripple price barely moved. What was supposed to be a bullish catalyst only caused a slight uptick on the chart, suggesting declining interest among investors.
On the monthly chart, XRP Ripple only registered a 15% gain, hovering above $3.2. Despite just trading 14% below the 2018 high of $3.84, the bulls are struggling to break out, signaling dwindling strength.
Nevertheless, mindshare has increased by 5% over the past seven days, per Messari, giving a bullish XRP Ripple price outlook. Sustained momentum and strong volume could push the payment-based crypto into price discovery; otherwise, it could retest lower price levels.
Unilabs Finance (UNIL) — The Best DeFi Crypto on the Block?
Unilabs Finance (UNIL), the fast-rising AI-DeFi protocol that intersects with TradFi, could become a top-100 crypto this cycle. Fundamentally, it is unmatched, being the first decentralized asset management platform to be driven by artificial intelligence.
At the time of writing, it has over $30 million in AUM, with the capital spread across the BTC Fund, AI Fund, RWA Fund and Mining Fund for diversified exposure. As an AI-backed DeFi asset manager, its goal is to democratize access to alphas by helping users identify high-potential assets across emerging narratives early.
With adoption imminent, experts consider it a strong alternative to AIXBT, a DeFAI protocol with a $130 million market cap. Given features like staking, governance and periodic airdrops, as well as the redistribution of 30% of fees to users, UNIL might be the best DeFi crypto to buy now.
Closing Thoughts
At $0.0097 in the sixth ICO stage, UNIL is not only a steal but is arguably the best DeFi crypto to invest in this year. Besides the programmed 415% gain at the listing price of $0.05, it is poised to soar even higher post-launch, making it a better alternative to the Solana coin and XRP Ripple.
For more information about Unilabs Finance (UNIL) visit the links below:
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