In the midst of the network frenzy, Solana might rise to $150; Ethereum settles at $3,000; and Rebel Satoshi's RBLZ launches after the presale.

Coinbase wallets now allow investors to trade Solana (SOL) tokens. In the meantime, market observers were taken aback by Ethereum's (ETH) Q1 2024 profits.

Rebel Satoshi has joined the list of the best-ranked new memecoins in the midst of these developments.

The initiative is distinctive in that it emphasises decentralisation. Also, RBLZ increased by 150% during its now-complete presale.

Coinbase Wallet extends its support to Solana.

Following a new partnership with Coinbase Wallets, Solana's network activity will increase.

Specifically, a new Solana DEX integration was revealed by Coinbase Wallet on April 16. With this change, Coinbase Wallet users will be able to exchange more than 50,000 Solana tokens.

The partnership's excitement may help Solana perform better at prices. SOL traded at $182.96 in mid-March.

It rose by 5.25% to $192.57 at the start of April. Nearly three weeks later, SOL had fallen by 26.21% to $142.08 as bearish sentiments overwhelmed the crypto market.

Solana could rise due to growing demand for its native memecoins.

On-chain reports show that Solana’s Dogwifhat is now the third-largest meme coin by market capitalization. Surging demand for Bonk has also pulled investors toward Solana’s ecosystem.

Analysts say these factors could spur a 22.80% price surge to $174.48. It could also make Solana one of the top crypto coins.

Ethereum’s quarterly profits soar by 196%

Crypto news sites are focused on the mega surge in Ethereum’s quarterly profits in Q1 2024. Ethereum’s profits in Q4 2023 stood at $123 million.

By the end of Q1 2024, that figure rose to $365 million. This figure also represented 155% year-on-year quarterly growth.

Even though revenues are increasing, Ethereum owners are unhappy with the decline of ETH. In mid-March, the price of ETH was $3,642.

A few weeks later, in the beginning of April, ETH dropped by 10.02% to $3,277. The third week of April saw a 6.4% decline in ETH to $3,066 as the market remained pessimistic.

One of the key factors behind Ethereum's explosive growth in profitability was its defi activity. Ethereum has handled more than 1.15 million daily transactions since the beginning of 2024.

Analysts predict further growth in Ethereum's network activity. This might increase the value of ETH by 19.63% to $3,668, increasing demand for it relative to other popular altcoins.