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>>Zcash, Bitcoin, and Solana: Upcoming catalysts that could spark another rally before the end of May.

Zcash, Bitcoin, and Solana: Upcoming catalysts that could spark another rally before the end of May.

crypthub

7 days ago

Bitcoin’s Near‑Term Catalyst

Market analyst Alex Cardichi points to a possible boost for Bitcoin from a pending U.S. Strategic Bitcoin Reserve update. The White House adviser hinted at an announcement within weeks, which could clarify the status of roughly 328,000 seized coins. A positive signal might drive BTC back toward the $100,000 mark, after recent falls to $76,300.

Solana’s Alpenglow Upgrade

Cardichi highlights Solana’s upcoming Alpenglow upgrade as a key driver for a rally. If the upgrade launches by Q3 and delivers performance gains, it could attract institutional workflows to the chain. SOL is currently at $84 after an 11% weekly dip, but the upgrade’s success may turn the quarter into a turning point.

Zcash Resilience After Governance Shock

Despite the 2024 resignation of the Electric Coin Company team, Zcash has surged more than 120% in three months. The former developers created Zodl, raising $25 million from a16z and Winklevoss Capital to fund a new roadmap. At about $533 and up 1,200% YTD, Cardichi expects further price upside toward its $880 all‑time high as the roadmap unfolds.