Dogecoin's falling wedge pattern suggests a potential bullish trend reversal, with buyers entering the market to prevent further decline. Traders are considering alternatives like Solana due to high ETH gas fees after the popularity of memecoin PEPE, which could drive further adoption and price of SOL. Solana's scalability and low transaction fees have attracted new users, and it has become the first Layer 1 blockchain to incorporate AI through a ChatGPT plugin. The Solana network is set to enhance user experience with the integration of ChatGPT plugin and the migration of RNDR by EOY, and has launched an AI accelerator program and expanded funding for a strategic grants program focused on AI.
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