Solana (SOL) Bounces Back Once Again, But Analysts Think This Altcoin is a Better Buy This Week –
The post Solana (SOL) Bounces Back Once Again, But Analysts Think This Altcoin is a Better Buy This Week – appeared on BitcoinEthereumNews.com.
After a sharp dip earlier this month, Solana (SOL) has staged another impressive rebound, reigniting debate over its resilience in the volatile crypto market. But while traders watch SOL’s momentum, analysts are quietly shifting their attention to Mutuum Finance (MUTM) a rising DeFi protocol gaining traction for its innovative lending model and rapidly growing user base. At $0.035, the new DeFi token has garnered notice during presale. Existing holders are setting themselves up for a minimum of a 300% run-up when Mutuum Finance launches. Mutuum Finance has reached in excess of $14.3 million in funds raised and over 15100 investors. The contrast between Solana’s familiar price swings and Mutuum Finance’s fresh fundamentals is shaping the performance. Solana Rebounds Toward Key Resistance Amid Bullish Signals Solana (SOL) is currently trading at $180.13, having bounced back from the $155–$160 support zone and breaking out of a descending channel, marked by a strong 15.77% rally on short-term charts that points to renewed buying momentum. Analysts note that a sustained move above $180 could trigger a test of resistance levels between $190 and $206, while support near $165 remains a key level to watch, potentially limiting any pullbacks. As Solana’s recovery unfolds, it’s drawing attention alongside emerging DeFi protocols like Mutuum Finance (MUTM). Mutuum Finance Presale Phase 6 Mutuum Finance has entered presale round 6 with tokens priced at $0.035. The next phase will include a 14.29% price jump to $0.04. Presale has already drawn over 15100 investors and raised over $14.3 million. Dual-Lending: Future-Proof DeFi Mutuum Finance has a double-model approach to achieving maximum flexibility and efficiency via Peer-to-Contract and Peer-to-Peer lending mechanisms. Peer-to-Contract employs self-executing smart contracts, which carry out the lending automatically without any human intervention at all. They have been programmed to operate at dynamic speeds in the market with…
Filed under: News - @ August 12, 2025 8:29 pm