Solana News: Emerging Crypto Contender Raises $12.2M in Presale, Sparking Investor Interest

A new player in the crypto market has emerged, raising significant funds in its presale and capturing the attention of investors who see potential for significant gains. Could this be the next big thing after Solana?

The Next Solana Contender Raises $12.2M in Presale

A new crypto market contender has been generating buzz, pushing investors to wonder if it could be the next SOL. Selling at about $0.09, this token has already pulled in over $12.2 million in its ongoing presale. The project stands out due to its AI-driven ecosystem and real-world utility, capturing the attention of experienced investors and traders. As the project gains momentum, investors are eager to know how high the token can go once it hits exchanges.

Solana (SOL) Price Prediction for March 28

Currently, Solana (SOL) is trading at $129.75 after a 6.57% decrease in the last 24 hours. However, over the past 30 days, the overall price decline has been 5.76%. This suggests that the medium-term trend is less severe compared to some other cryptocurrencies. The short-term decline may create buying opportunities for traders who believe in SOL’s long-term potential. On the 4-hour chart, the 50-period moving average has recently started to show signs of stabilization, indicating that buyer interest might be building again.

Is Solana’s Bull Run Already Over? $150 Resistance Refuses to Break

Solana has dived by 5% in the past 24 hours, falling to $131 as the cryptocurrency market responds to tariff woes by also dropping by 5% today. While SOL holds on to a 2% gain in a week, it remains down by 6.5% in a month and by 30% in the past year, declining by 55% since January 19. Given its massive drop-off in momentum, it may seem that its bull run has ended, especially when the coin struggled to rise above the $150 resistance level in March. However, Solana still has some of the strongest fundamentals in the market, so once sentiment and macroeconomic conditions improve, it’s in a good position to lead a comeback.

Best Presales to Buy Now – Huge Pump in April?

As uncertainty grips global markets, savvy crypto investors are seeking out early-stage crypto presales for massive upside potential. With inflation, geopolitical tensions, and unpredictable traditional assets, presales of next-gen infrastructure projects are attracting attention. Solaxy ($SOLX), Solana’s Premier Layer 2 presale, is one such high-potential project worth watching.