Solana News: Potential Near-Term Strength Signaled Amid Mixed Market Sentiment

Solana (SOL) Price Prediction for March 26

As of now, Solana (SOL) is trading at $143.11 after posting a 1.56% increase in the last 24 hours. However, the broader picture shows a 14.45% decline over the last 30 days. Such contrasting signals are not unusual in the crypto world. The current environment suggests that while Optimism may be resurfacing, the market still harbors concerns. On the 4-hour timeframe, the 50-period moving average has recently turned upward, signaling potential near-term support.

PumpSwap Hits $1.2 Billion in Weekly Volume

PumpSwap, a newly launched DEX operating since March 20, has seen a surge in trading volume driven by small transactions. Over the past 24 hours, the DEX has continued a positive trend, recording a weekly volume of $1.2 billion and 12.58 million total swaps from over 401,000 active traders. With PumpSwap, token creators on Pump.fun can move their tokens directly to the DEX upon completing the bonding curve, avoiding a 6 SOL migration fee. Plans for creators’ revenue sharing are also in the works.

Best Presales to Buy Now – Which New Coins Could Explode Next?

As the crypto market struggles with global inflation, geopolitical tension, and macroeconomic uncertainty, investors are increasingly drawn to premier top crypto presales. These fundraising ICOs offer tokens sold at fixed low prices, incentivizing early support for the project’s growth while potentially providing significant returns ahead of the next crypto bull run. One project to watch is Solaxy ($SOLX), a pioneering Layer 2 scaling solution within the Solana ecosystem.

BlackRock’s BUIDL Fund Launches on Solana, Fidelity Files for Spot SOL ETF

BlackRock’s BUIDL fund has launched on the Solana platform, while Fidelity has filed for a spot Solana ETF with Cboe Global Markets. Solana’s (SOL) price hovered around $142 on Wednesday after recovering by 7% so far this week. The launch of BUIDL fund and the filing for a SOL ETF indicate a rising interest in the Solana platform from asset management companies, bolstering SOL’s bullish outlook.