This Viral Presale Could Offer 100x Growth Opportunity Like Solana in 2021 Before Explosion
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It’s a popular dream for crypto enthusiasts to jump in at the perfect moment—just before a project takes off. Some investors were fortunate enough to experience this in 2021 when Solana exploded in the crypto market. Now, another crypto presale is showing signs of potentially replicating that explosive growth. Let’s find out what makes this project primed to reach SOL’s 2021 milestone. Solana Price Faces Potential Long-term Bearish Future Solana’s DeFi ecosystem has been facing a huge slowdown for some time now, which has hugely affected any chances of SOL reaching new highs. One major reason for this is on-chain data revealing a steep drop in user activity. Daily transactions on the SOL network have declined from a peak of 71,738 in January to just 23,835, which has clearly hindered the growth of the official Solana price. Another contributing factor to this shaky Solana price momentum is the buzz around Solana-based meme tokens, such as TRUMP. The hype around these tokens has begun to fade, which has further dampened the potential of a Solana price surge in the crypto market. As for SOL’s future, the Solana price prediction stands at a crossroads. So far, SOL has managed to hold steady at $180 support level for now, but analysts are eyeing a potential dip to $150 before any chance of recovery. Technical indicators do not provide much optimism either. Based on Solana price prediction charts, signs of growth exhaustion are emerging, with bearish divergences in both the RSI and MACD values. If SOL fails to break through the $190 resistance level, the official Solana price may continue its downward trajectory. February is poised to be a crucial month for determining SOL’s next movement. Does IntelMarkets Have Potential To Be 2021 SOL? In 2021, the crypto market saw many investors eagerly anticipating…
Filed under: News - @ February 21, 2025 8:28 am