Solana’s LaunchCoin Soars 7000% as Web3 Social Platform Gains Traction
The Solana-based LaunchCoin has experienced an unprecedented surge of 7000% in just one week, driven by the HYPE surrounding its innovative Web3 social platform, Believe. This remarkable growth highlights the increasing interest in decentralized social media solutions and the potential of Solana’s ecosystem to support such innovations.
Solana-Based LaunchCoin Surges 7000% Amid Web3 Social Platform Hype
LaunchCoin, the native token of the Solana-based Believe platform, has skyrocketed 7000% in a week, climbing from $0.0061 to $0.36. The token powers a Web3 social platform that simplifies crypto creation through X (formerly Twitter) posts, fueling speculative frenzy.
Believe’s innovation lies in its frictionless token generation—users need only tag @launchcoin with a desired ticker and name. This accessibility, combined with Solana’s low-cost infrastructure, has created perfect conditions for viral adoption.
Market observers note the surge reflects growing appetite for social-fi applications, though questions linger about sustainability. The solana ecosystem continues to demonstrate its capacity for hosting high-velocity assets, with LaunchCoin joining recent outperformers like MYRO and BONK.
Lightchain AI Gains Traction as Potential Next Solana
Lightchain AI, an AI-powered altcoin priced at $0.007, is drawing investor attention with ambitions to mirror Solana’s success. The project has raised $19.6 million in its presale, signaling strong market interest.
Solana’s growth trajectory serves as a benchmark for emerging blockchain projects. Lightchain AI positions itself as a contender, though questions remain about its ability to achieve a $3 valuation.
The crypto market continues to evolve, with investors actively seeking high-potential opportunities. Lightchain AI’s combination of artificial intelligence and blockchain technology creates a compelling narrative for growth-oriented traders.
SOL Price Prediction 2025: Can Solana Break $300 Despite SEC’s ETF Postponement?
Solana (SOL) exhibits mixed signals as it navigates a short-term bearish phase despite posting weekly gains of 16.23%. The token currently trades at $175.19, reflecting a 2.67% dip in the past 24 hours alongside a 20.55% drop in daily trading volume to $4.17 billion.
Technical analysis reveals a consolidation pattern, with SOL oscillating between $165 and $180. Neutral RSI levels (40-60 range) suggest balanced momentum, while the MACD line’s crossover below the signal line hints at potential downward pressure. The SEC’s delay in approving a Solana ETF has tempered market sentiment, though long-term bullish prospects remain intact.
Phantom Launches Liquid Staking Token PSOL on Solana Network
Phantom, Solana’s leading cryptocurrency wallet, has introduced its own liquid staking token, PSOL, allowing users to stake SOL without locking up their assets. The new token enables participants to earn rewards while maintaining liquidity for decentralized finance (DeFi) activities.
The PSOL token is directly accessible within the Phantom Wallet interface, streamlining the staking process for both novice and experienced traders. Phantom aims to drive adoption by simplifying the user experience, positioning PSOL as a competitive player in Solana’s liquid staking market.
