The post Solana price prediction as PepeX targets a 332% surge in presale appeared on BitcoinEthereumNews.com.

Solana price at a critical support, poised for decline or rally. Solana’s DeFi and institutional backing strengthen its long-term outlook. PepeX aims for a 332% presale surge, boosting Solana’s ecosystem. The recent Solana price movements have captured investors’ attention as the cryptocurrency teeters on a critical support level, poised for either a sharp decline or a robust rally. Amid this SOL price uncertainty, a new project, PepeX, is generating buzz with its AI-powered memecoin launchpad and a presale that has an ambitious 332% growth potential. Solana price prediction Solana’s price is currently hovering around a pivotal support zone between $113 and $124, a range that has been repeatedly tested in recent weeks. The altcoin is down 5% over the past week and 13% over the past month, raising the risk of a further breakdown despite a 6% surge on April 4. Should SOL slip below the support at around $115, it could tumble toward $99 or even $79, with $58 looming as a psychological floor. Here are the potential $SOL reversal zones, according to the Harmonic Pattern. pic.twitter.com/8InsAlLUVt — Coinvo (@ByCoinvo) March 31, 2025 However, history offers a glimmer of hope. Past dips to this level have often triggered rebounds, hinting that buyers might rally to defend it once more. Beneath the surface, Solana’s fundamentals paint a brighter picture. Its decentralized finance (DeFi) ecosystem is flourishing, with several protocols surpassing $1 billion in Total Value Locked (TVL), according to data from DeFiLlama. Jito leads the pack with $2.004 billion, a testament to the growing popularity of liquid staking on Solana. This surge in TVL reflects robust adoption, drawing in liquidity despite market volatility. Such growth bolsters confidence in Solana’s network, potentially laying the groundwork for a price recovery if broader sentiment turns favorable. Institutional interest further strengthens Solana’s case. PayPal’s…

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Filed under: News - @ April 5, 2025 7:19 am