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Solana Under $200: Can It Break $218 Resistance Before October’s ETF Decision?
Solana ($SOL) is at a critical juncture as traders and investors closely monitor its price levels and potential institutional adoption. After a recent pullback, the cryptocurrency now hovers near $196, reflecting a 3.98% drop in the past 24 hours and a 20.09% decline over the week. Analysts emphasize that Solana’s near-term trend largely depends on overcoming resistance zones while maintaining strong support levels. Crucial Resistance at $218 Ali Martinez, a market analyst, highlights $218 as a major supply wall for Solana. The UTXO Realized Price Distribution (URPD) chart indicates nearly 29 million SOL were acquired around this level, representing 4.8% of total supply. This concentration creates a cluster of potential sellers seeking to break even, potentially triggering profit-taking if the price approaches $218. Below this zone, Solana enjoys strong support between $165 and $180, where large volumes were previously transacted. If bulls can break past $218, the path toward $238–$250 opens, offering lighter resistance. Conversely, repeated rejections may reinforce consolidation and pressure Solana downward. Source: X Bounce Potential Near $194 Another analyst, Tom Tucker, points out that Solana recently moved beyond its 0.618 Fibonacci retracement at $200. The Relative Strength Index (RSI) sits deep in oversold territory, suggesting a possible bounce if $194 holds. This combination of technical support and oversold momentum makes the current price zone a watch area for traders anticipating a short-term recovery. Consequently, a successful rebound could set the stage for renewed upward momentum toward higher resistance levels. Institutional Interest and ETF Impact Beyond technical trends, Solana could gain significantly from institutional adoption. Pantera Capital notes that institutions currently hold less than 1% of Solana’s supply, compared to 16% of Bitcoin and 7% of Ethereum. Potential Grayscale spot ETF approval on October 10 could dramatically boost institutional participation, providing direct exposure to Solana. Additional applications from Bitwise, VanEck, and others await SEC review through October 16.
coinpaper·58m ago
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XRP Price Prediction: Can Momentum Last, or Will the Best Crypto to Buy in 2025 Steal the Show?
Traders who bought Bitcoin at $1, Ethereum under $10, or Solana under $1 know that spotting the right project early […] The post XRP Price Prediction: Can Momentum Last, or Will the Best Crypto to Buy in 2025 Steal the Show? appeared first on Coindoo.
Coindoo·2h ago
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GameFi News: Gaming Bleeds, Solana Labs Sells GameShift
The market sell-off continues HoneyComb acquires GameShift North Korean hackers exploit Seedify.fund Slipsliding September continued as Bitcoin tumbled to $109,500, shedding 6% in a week due to uncertainty around additional U.S. rate cuts. Major altcoins are down too as the sell-...
Werner Vermaak·2h ago
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Crypto Options Worth $22B To Expire Friday As Bitcoin Slips Below $109K – Solana Leads Altcoin Losses
The pullback comes ahead of the August release of the Personal Consumption Expenditures price index, due later this Friday.
Stocktwits·4h ago
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Massive Crypto Crash Triggers $1.12B in Liquidations
The market has seen turbulence before, but this week’s crypto crash left a sting that many won’t forget. In just 24 hours, more than $1.12 billion worth of long and short positions were liquidated, shaking the confidence of traders worldwide. Bitcoin, Ethereum, and Solana bore th...
The Bit Journal·4h ago
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Red September Bites Again: $1.12B Wiped in a Day
According to sources, the crypto market liquidation has wiped out over $1.12 billion in trader positions within 24 hours, making it one of the biggest sell-offs seen recently. More than 252,000 traders lost their positions as markets turned sharply lower. The sudden fall in digit...
Deythere·4h ago
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Analysts debate which crypto to buy today to mimic SOL and ETH’s earlier run, MUTM is common among all
Investors and analysts are actively searching for the next crypto coin capable of replicating the extraordinary growth of early SOL and ETH runs. While many crypto predictions circulate daily, Mutuum Finance (MUTM) has emerged as a consensus favorite among experts due to its strong utility-driven DeFi framework. Unlike meme coins or hype-driven tokens, MUTM combines a dual lending ecosystem with transparent mechanics, positioning itself as a practical platform for long-term growth. Its design addresses both retail and institutional demand, offering a clear path for increased adoption and higher crypto prices today. SOL and ETH’s earlier 2025 runs: From January peaks to mid-year dips Solana (SOL) started 2025 with a strong early run, entering the year above $200 and reaching an all-time high of $268.86 in January, driven by ecosystem growth in DeFi and NFTs, before retreating to mid-year lows near $150 in July amid broader market corrections. Ethereum (ETH) followed a similar trajectory, opening around $3,320 in January and surging to test $4,600 by mid-year for the first time since November 2021, fueled by $11 billion in spot ETF inflows since July and Layer-2 scaling advancements that boosted daily transactions to 1.74 million. Both assets benefited from institutional adoption—SOL via treasury allocations like Upexi’s $16.7 million and Kitaboo’s $5.6 million, and ETH through corporate holdings from SharpLink Gaming ($400 million)—but faced volatility from U.S. tariff tensions and Federal Reserve rate cut delays. Mutuum Finance (MUTM): Dual lending mechanics driving real utility A key reason analysts highlight Mutuum Finance (MUTM) is its dual lending structure, comprising Peer-to-Contract (P2C) and Peer-to-Peer (P2P) models. In the P2C mode, users can pool assets such as stablecoins like USDC, USDT, DAI, USDD, and well-known tokens including ETH, BTC, SOL, ADA, and LINK, into smart contracts. These pools collectively supply liquidity to borrowers who provide overcollateralized collateral, ensuring system stability. For example, a user depositing $20,000 USDC will receive mtUSDC at a 1:1 ratio and earn an average APY of 15%, translating to $3,000 in interest over a year, while retaining the ability to use mtTokens as collateral for other borrowing needs. Borrowers benefit as well; posting $3,000 in BTC collateral allows borrowing up to $2,250 in USDT at a 75% LTV, preserving exposure to BTC while accessing liquidity. Users can select variable rates to respond to market conditions or stable rates for predictable repayment, creating a dynamic capital efficiency loop that encourages greater platform activity and increases demand for MUTM tokens. P2P lending caters to higher-risk assets such as DOGE, SHIB, PEPE, FLOKI, and TRUMP. Here, borrowers and lenders negotiate terms directly, agreeing on interest rates, loan duration, and partial fills. This isolated approach protects the main liquidity pools from volatility while offering attractive returns for risk-tolerant participants. Mutuum Finance (MUTM) also implements rigorous collateral and liquidation protocols. Loan-to-value ratios and liquidation thresholds are set to balance risk and capital efficiency: stablecoins and ETH can sustain up to 75% LTV with an 80% liquidation threshold, while more volatile assets are restricted to 35–50% LTV and 65% thresholds. A reserve factor between 10–50% further strengthens the system, ensuring that dynamic interest rates and liquidation rules preserve solvency while protecting all stakeholders. Investors will also interact with a dashboard to track holdings, calculate ROI, and participate in the Top 50 leaderboard, which rewards the largest contributors with bonus MUTM tokens. Presale momentum and strategic positioning Mutuum Finance (MUTM) is currently in Phase 6 of its presale, priced at $0.035, with approximately $16.3 million raised and 50% of the 170 million tokens already sold. With over 16,600 holders and a strong Twitter community exceeding 12,000 followers, the project has already attracted notable attention. The CertiK audit reports a Token Scan score of 90 and a Skynet score of 79, emphasizing security and trustworthiness. Phase 7 is expected to increase the token price to $0.040, reflecting a 15% growth, making this the last chance for investors to secure tokens at a discounted presale rate. Early adopters demonstrate the potential gains: investors who swapped assets from ETH and SOL during Phase 1 at $0.01 now hold MUTM valued at $0.035, achieving a 3.5x value gain. Listing projections anticipate a price of $0.06, representing a 70% value growth from Phase 6. These projections are underpinned by the upcoming beta launch, where users will test real platform features, and anticipated listings on top exchanges such as Binance, KuCoin, Coinbase, MEXC, and Kraken. This combination of utility exposure and market accessibility will increase user trust and drive additional buying demand. The platform also incentivizes participation through its $100,000 giveaway , where ten winners will receive $10,000 in MUTM tokens each, rewarding early supporters. Additionally, a $50,000 USDT bug bounty program with severity-tiered rewards—Critical up to $2,000, Major up to $1,000, Medium up to $500, and Low up to $200—ensures ongoing security testing and reliability. Mutuum Finance (MUTM) is different from other cryptocurrencies because it combines useful features, risk-managed financing, and community-driven incentives. MUTM is set to keep demand high with its two loan models, strong presale performance, Layer-2 infrastructure that cuts costs and speeds up transactions, and the addition of stablecoins in the near future. Investors who get in now will be able to use a platform that is meant to give them a return on investment over several years. This makes it one of the best cryptocurrencies to follow as analysts argue over which assets will do as well as SOL and ETH did in the early days of the market. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.com Linktree: https://linktr.ee/mutuumfinance The post Analysts debate which crypto to buy today to mimic SOL and ETH’s earlier run, MUTM is common among all appeared first on Invezz
invezz·7h ago
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How High Can Kaspa (KAS) Price Go in 2026 Following Smart Contracts Launch?
Few things in crypto attract attention quite like a major upgrade. Kaspa has now reached that moment with the launch of smart contracts through the Kasplex Layer 2. This upgrade is more than a technical milestone. It positions Kaspa to compete with Ethereum and Solana while stayi...
Captain Altcoin·7h ago
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Solana Faces Key $218 Supply Wall: What’s Next?
Solana Confronts Major $218 Supply Barrier The cryptocurrency market continues to evolve, Solana (SOL) has emerged as a focal point for investors, with recent analysis highlighting a significant supply wall at $218. Shared by crypto analyst Ali on X, a Glassnode UTXO Realized Pri...
CoinCryptoNews·7h ago
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Bitcoin, Ethereum Drop As Investors Pull Millions From ETFs: Analyst Spots 'Big Correction', Pencils Key BTC Support Level
Bitcoin prices fell 2.2% to $109,279, Ethereum was down 1.9% to $3,931.77, and XRP prices declined 3.5% to $2.75, according to CoinGecko data.
Stocktwits·8h ago

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AboutSolana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. It is a layer 1 network that offers fast speeds and affordable costs. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.
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Alameda Research PortfolioAlleged SEC SecuritiesAndreessen Horowitz (a16z) PortfolioCoinbase 50 IndexDelphi Ventures PortfolioFTX HoldingsGMCI 30 IndexGMCI IndexGMCI Layer 1 IndexLayer 1 (L1)Made in USAMulticoin Capital PortfolioPolychain Capital PortfolioProof of Stake (PoS)Smart Contract PlatformSolana Ecosystem
Date
Market Cap
Volume
Close
September 26, 2025
$105.62B
$11.29B
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September 26, 2025
$104.48B
$12.02B
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September 25, 2025
$115.03B
$8.45B
$211.60
September 24, 2025
$116.52B
$7.58B
$214.18
September 23, 2025
$119.69B
$12.28B
$220.34
September 22, 2025
$128.57B
$3.63B
$236.65
September 21, 2025
$130.03B
$3.64B
$239.46
September 20, 2025
$129.35B
$7.8B
$238.34
September 19, 2025
$134.33B
$9.53B
$247.56
September 18, 2025
$133.01B
$10.9B
$244.95

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