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Crypto Daily 2025-06-02 09:33:32

Solana Price Crashes: Can Jupiter (JUP) Save SOL Holders in June?

Solana price predictions still place the token high, with some aiming for $1,000 this cycle. But as it cools off in a consolidation phase, new players are grabbing the spotlight. Jupiter coin is gaining traction fast, but Unilabs is quietly building a stronger case. UNIL, priced at just $0.0051, is more than just hype. It offers real value through a passive income system that shares 30% of revenue with token holders. This setup is drawing in investors looking for long-term growth, not just short-term pumps. Momentum is building. With smart features, real rewards, and a growing user base, many now wonder if Unilabs could hit $1 before Jupiter coin. Solana Price Prediction: Will SOL Go Below $160? Solana is under pressure. The token fell nearly 7% this week, closing Friday at $162.72 – its third straight daily drop. Geopolitical tensions and renewed US tariff fears are hitting market sentiment, dragging Solana to a two-week low. Source | TradingView Technical signs look weak for Solana’s price prediction. The RSI slipped to 46, below the neutral 50 line, showing growing selling pressure. It’s also diverging from price action – a red flag. The MACD is trending down, with red histogram bars deepening, often a signal of a trend shift. Solana couldn’t break above the 50% Fibonacci retracement from its January high to April low, showing strong resistance. If it can’t reclaim $165, support at $140.32 could come into play. Derivatives data support this bearish shift. Solana’s Futures Open Interest dropped 3.23% to $7.11B. Long liquidations hit $18.98M – much higher than shorts – while funding flipped negative at -0.0013%. To bounce back, Solana must hold $165. Until then, bears have the upper hand, and many traders say $140 is the next Solana price prediction. Jupiter Coin Jumps 18% On Monday But Loses Steam During the Week Jupiter is on a roll, jumping 18% in 24 hours to hit its highest price since March. Trading volume has topped $100 million, showing strong market interest. On-chain data confirms it – wallets holding over 10,000 Jupiter coin have edged up from 12,233 to 12,251. That slow but steady rise signals growing confidence from large holders. The futures market backs it up. Jupiter coin’s Open Interest has jumped from under $60 million to nearly $100 million. This kind of rise in both price and OI suggests the rally is backed by strong conviction, not just hype. Source | CoinGlass On the charts, Jupiter coin is forming higher highs and higher lows. The Money Flow Index shows steady buying, and the Supertrend remains bullish with support well below the current price. A breakout above $0.67 could clear a path to $0.90 and possibly $1. But if the price slips below the ascending channel, Jupiter coin could dip under $0.50. For now, momentum and accumulation favour the bulls. Unilabs Takes DeFi to Another Level With Impressive Set of Tools Unilabs is making waves in DeFi with a broader vision than projects like Jupiter. While Jupiter focused on Solana, Unilabs is building tools that work across the entire blockchain space. Its goal is simple: make DeFi easy for everyone. For active traders, the Cross-Chain Trading Hub solves a major problem – blockchain fragmentation. It lets users trade across multiple chains without using risky bridges. Transactions stay fast, simple, and secure. For those who prefer steady gains, the Stablecoin Savings Account (SSA) offers a safer path. Users can deposit stablecoins and earn reliable interest without dealing with crypto volatility. It’s perfect for anyone who wants passive income without stress. Then there’s the Flash Loan Accelerator. This tool gives advanced traders access to large, no-collateral loans – as long as they repay in one transaction. It opens doors to powerful strategies that were once out of reach. The response has been strong. Over 25,000 investors have joined the UNIL presale, raising more than $1.6 million in weeks. As interest in AI and DeFi grows, Unilabs stands out – not just as another project, but as a real challenger to Web3 giants like Jupiter coin. Learn More About Unilabs Buy Presale Website Telegram Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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