Crypto Analyst Predicts Most Incredible Bull Market Ever

• Popular crypto analyst predicts that digital assets are poised to enter the “most incredible bull market ever”
• Analysts cites Coinbase’s Base and PayPal’s PayPalUSD stablecoin as catalysts for the next bull run
• Solana (SOL) is trading higher after hitting a golden cross.

Crypto Analyst Predicts Most Incredible Bull Market Ever

A popular crypto analyst predicts that digital assets could be on the verge of experiencing their “most incredible bull market ever,” citing two recent developments in the space as catalysts for this potential growth. The anonymous host of InvestAnswers has 446,000 YouTube subscribers, and he believes that Coinbase’s newly launched Base layer-2 scaling solution, as well as PayPal’s new stablecoin PayPalUSD (PYUSD), will help drive prices upwards. Additionally, Solana (SOL) recently achieved a golden cross, which is expected to result in further price appreciation.

Coinbase Launches Base Layer-2 Scaling Solution

Coinbase recently unveiled its layer-2 scaling solution called Base. This development allows Coinbase customers to conduct transactions off-chain with much faster speeds than before. This technology will make it easier for users to transfer digital assets from one wallet to another without incurring additional fees or delays associated with traditional blockchain networks such as Ethereum (ETH).

PayPal Launches Stablecoin

In addition to Coinbase’s launch of Base, PayPal has also released its own stablecoin called PayPalUSD (PYUSD). This cryptocurrency will be backed by US dollars and will allow users to send money securely and quickly around the world using blockchain technology. Unlike most other cryptocurrencies which are subject to extreme volatility, PYUSD will remain relatively stable due to its backing by fiat currency reserves.

Solana Hits Golden Cross

The crypto asset Solana (SOL) just hit a golden cross, which suggests that it could experience further price appreciation in the near future. A golden cross occurs when the 50-day moving average crosses through the 200-day moving average; typically this event leads to a 60%-80% rise in prices over time according to InvestAnswers’ host. Currently SOL is trading at $24.35, down 0.6% during the last 24 hours despite achieving a golden cross earlier this week.

Conclusion

Overall these developments suggest that digital assets could soon take off on their strongest bull market yet – driven primarily by Coinbase’s new layer-two scaling solution and PayPal’s introduction of a stablecoin backed by fiat currency reserves – so investors should keep an eye out for further signs of bullish activity in order capitalize on any potential gains in value resulting from these events over time