Best Cryptocurrencies to Invest in Today, August 18 – Chainlink, Cardano, Solana

Highlights:

• Chainlink whales withdraw $21M worth of LINK from exchanges, showing strong confidence in long-term growth.
• Cardano holds above $0.90 and eyes a breakout at $1.04 with potential rally targets above $1.30.
• Solana stays bullish with key support at $170, and a breakout above $210 could open the path to $270.

The crypto market is down, with most of the coins trading in the red zone as of press time. The overall market cap is down 2.51% to $3.9 trillion. However, the trading volume is up 33.08% to $159.4 billion. The fear and greed index stands in the neutral zone at an index of 56.

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Meanwhile, in the past day, over 118,901 traders were liquidated. According to CoinGlass data, the total liquidations stand at $492.64 million, with long positions leading with $411.73M. Despite the pullback, analysts are expecting a Fed rate cut in September, fueling market optimism. As the crypto market awaits positive sentiment to trigger a rally, here are the best cryptocurrencies to invest in today.

Best Cryptocurrencies to Invest in Today

1. Chainlink (LINK)

LINK is currently trading at $24.48, with a 1.66% increase in the last 24 hours. The trading volume of the coin is up by 109.2% to $1.83 billion, while the market cap stands at $16.6 billion.

Chainlink (LINK) is witnessing increased whale accumulation as its price surges despite the volatile market. On-chain data shows that large holders collectively withdrew over 890,000 LINK, valued at more than $21 million, from exchanges in recent days. This accumulation reflects growing confidence in LINK’s long-term potential. Analysts believe expanding demand in DeFi and real-world integration could support further gains.

Whales are Accumulating $LINK

Whale "0x4eb" withdrew 721,294 $LINK, worth $17.44M, from #Binance over the past 2 days.

Whale "0xa36" withdrew 169,615 $LINK, worth $4.16M, from #Binance. In total, this whale has accumulated 275,002 $LINK, worth $6.65M, over the past month.

-… pic.twitter.com/6TUJM392fw

— Onchain Lens (@OnchainLens) August 17, 2025

2. Cardano (ADA)

ADA is trading at $0.9175, representing a 3.17% decrease over the last 24 hours. The market cap stands at $32.75 billion. Meanwhile, the trading volume is up by 8.07% to $2.37 billion. ADA is up 11.82% on the weekly chart.

Cardano has pulled back after displaying strong bullish momentum. The price has pushed through previous resistance levels and is approaching a key zone. The first important resistance is located at $1.0423. A breakout above this level could confirm a continuation of the rally. If bulls hold control above $1.0423, the next target lies at $1.3055.

Cardano $ADA is charging up with strong momentum, eyeing $1.04 as the first stop – once that resistance breaks, $1.32 comes fast, and the long term outlook is nothing but bullish. pic.twitter.com/ZNo5eesbVW

— Altcoinpedia (@altcoinpediax) August 17, 2025

This zone represents a major supply area from a previous peak. A decisive move beyond $1.3055 could extend the rally toward $1.3184, which stands as a psychological resistance. As long as ADA holds above $0.90, bullish momentum remains intact. A breakout above $1.0423 would likely accelerate price action toward higher resistance zones.

3. Solana (SOL)

SOL is currently trading at around $181.16, with a 5.94% decrease in the past day. Its trading volume has increased by 60.61% to $5.78 billion, while the market cap stands at $97.84 billion.

Solana is trading near $192 after moving in a strong uptrend during July. The price established clear higher lows before entering a range-bound structure. The resistance is visible near $210, marked by several failed breakout attempts. Sellers have repeatedly defended this zone, creating a ceiling that restricts upward momentum. On the lower side, support has formed around $170, where buyers have stepped in multiple times. This level is crucial for maintaining the bullish structure.

$SOL looks one news away from the next pump.

If you look closely, you saw strong uptrend following from a long time.

Right now, we are in a rangebound situation, and this will not surprise me if we go to touch the support again because bulls will push hard at that price. It… pic.twitter.com/cuaTIuRCtr

— Henry (@LordOfAlts) August 18, 2025

If the price holds above $170, buyers may attempt another push toward $210. A breakout above $210 could trigger a strong rally. In that case, Solana could target $250 and possibly extend toward $270. However, rejection at resistance could keep the asset range-bound between $170 and $210. The structure remains bullish as long as Solana trades above its ascending support zone.

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