VELO Surpasses $1.80, Reaching New Highs as Altcoin Consolidates for Bullish Momentum

VELO has surged past the $1.80 mark, reaching a new all-time high. This rally comes amidst substantial consolidation in anticipation of significant bullish price action. Analysts attribute this rise to expanding DeFi applications and increasing institutional investments. Many altcoins are exhibiting strong bullish indicators as Bitcoin approaches its six-digit prices, fueling a possible altseason arrival.