International payments platform Swift announced the creation of its own blockchain to help transactions between international banks, seeking to put its name in the growing competition in the altcoin industry.
Swift said on Sept. 29 that it was working with various banks, such as Bank of America and Citi, to establish a shared digital ledger to make tokenized transactions in tokens, including those with stablecoins.
The news is another step in institutional adoption of blockchain technology, which might have an effect on the crypto market, including Solana price predictions.
But many are putting their eyes on DeepSnitch AI as the next crypto to bring 500x returns amid an altcoin season and a bullish market.
How will Swift’s blockchain work?
Swift said that its blockchain aimed to improve cross‑border transactions by recording, sequencing, and validating them, and to help work in smart contracts.
The move comes in the middle of growing competition in the stablecoin industry, with more mainstream banks and major institutions investing in the market or announcing their own projects.
The $300 bn stablecoin industry threatens payment platforms such as SWIFT because it allows users to transfer funds without any intermediation. After the US passed legislation regulating the industry, many banks moved forward with plans to launch their own stablecoins, with JPMorgan Chase and Citi exploring the move, and nine European banks announcing their own stablecoin in late September.
Swift’s main role is to facilitate cross‑border payments with over 10,000 banks throughout the world, and said its blockchain, partnering with blockchain company Consensys, would “make instant, always‑on cross‑border transactions possible at unprecedented scale”.
Swift said that the proposal could also help improve fees for payments, which will also help it compete with stablecoin providers.
The news is another step in the institutional adoption of blockchain technology, which might end up having a positive effect on altcoins, such as in Solana’s price predictions and in the crypto market more broadly.
However, whales are looking for the next crypto to go to the moon and bring 1000x returns, and many are seeing DeepSnitch AI as such.
DeepSnitch AI, Firo, and Solana price predictions
DeepSnitch AI
DeepSnitch AI gives five advanced AI agents to buyers, giving smaller traders tools to be one step ahead of the market.
These agents allow traders to navigate flow and risk, see trends in the market, and turn Web3 noise into actionable signals.
Whales win in the market because they have access to data. By the time the media reports the news, they’ve moved on, leaving the market behind. DeepSnitch AI compresses this lag for smaller traders, putting sharper signals in the hands of retail traders before the alpha goes away.
As we’re in an altcoin season, DeepSnitch AI can help traders invest in currencies that can moonshot before everyone else is on top of them.
But DeepSnitch AI could be the next crypto to turn a $100 investment into a $10,000 return. The global AI market is projected to 25x by 2033, but DeepSnitch AI’s unparalleled utility can make it go even further.
Moreover, even though Solana price predictions are bullish, SOL and similar currencies can’t bring 100x anymore due to their large market caps. But DeepSnitch is just closing its first stage at over $280k, which means that small inflows can turn into exponential growth once it hits the market.
Solana (SOL)
Solana is currently trading around $217 on Oct. 1, with a 4 % growth on the day. While the currency faces selling pressure, most Solana price predictions remain bullish due to its ETF inflows, which recently passed $300 m.
However, most technical analysts warn that $200 is a critical support zone, a downward trend could bring the price down to $186 in the short term. However, this could create a demand cluster that might shoot SOL’s price again.
In such a case, the currency could realistically target $230 in the short term.
Still, due to the selling pressure, there are those who think Solana could hover around $200 during 2026.
Firo (FIRO)
FIRO traded in the $0.57‑$0.66 range in the last week of September with a relatively modest market cap of $10 million.
Due to its small cap, FIRO may have 100x potential. However, it’s facing resistance in the $0.60‑$0.65 zone. If it breaks it, it could make a move to $0.70 or beyond. However, a breach of $0.55 could target a support in the $0.45 region.
Yet, in a bullish environment due to altcoin season, with small liquidity, price swings could be large, one way or the other, which means that if the stars align, FIRO could have moonshot potential.
Bottom line
With its unparalleled utility, DeepSnitch AI comes out as one of the currencies that can give you a rare shot at 500x ROI.
DeepSnitch AI’s cap is still quite small, but the presale is picking up steam, having almost sold out its phase 1 in just a few weeks.
Those who invest in DeepSnitch AI now may have a shot at turning a $1,000 investment into $100,000.
FAQs
Are Solana’s price predictions bullish?
They are a mixed bag. As we’re well into altcoin season, many price predictions are bullish, but others indicate that SOL could hover around $200 for a while.
Should I invest in Solana?
You should never put your eggs in one basket, and SOL is one of the major players in the altcoin market. Therefore, it always has a place in an investor’s portfolio. However, if you want to have a rare shot at 500x returns, you should take a look at DeepSnitch AI.
Is the altcoin market bullish?
It is, which is why it’s a good moment to invest in small presales that could bring x500 returns, such as DeepSnitch AI.