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Crypto Daily 2025-03-02 17:34:11

Solana Price Could Rebound After $120 Support; But Expert Advises to Keep Eye On These Altcoins

The crypto markets are in complete turmoil, and most stocks are deep in the red. The Solana price, too, has taken a beating and fallen below $150. Investor confidence is at a record low as Bitcoin drags the market down with it. The meme coin market PNUT, based on Peanut the Squirrel, is doing well for itself, and crypto whales are directing their funds toward PNUT. Other than PNUT, if the Solana price and the Bitcoin price have made you risk-averse, a savvy investment option is DTX Exchange . DTX is a hybrid trading platform that will bring centralized and decentralized trade together on one seamless platform. It is a cutting-edge DeFi project that will revolutionize the capital trading markets. Solana Price Could Fall as Low as $80 As the crypto market takes a hit, the leading cryptocurrency, SOL, also faces significant losses. The Solana price has lost almost 40% of its value in the last 30 days, and experts say this is just the beginning of an imminent crash. Currently, SOL is trading around $140, and after a 15% weekly drop, the downtrend shows no sign of stopping. The Solana price will find key support levels around $100, which could come under threat amid current market uncertainty and make the $80 Solana price more possible. The Solana (SOL) unlock will also drive the SOL price down further. The listing of the SOL futures ETFs by the Depository Trust & Clearing Corporation (DTCC) has created some respite for the SOL price. The SOL ETFs are eligible for clearing and settlement, but the listing does not mean they have been approved by the SEC. The SOL ETFs still await SEC approval, or regulatory uncertainty will remain a lingering risk. If regulatory clarity emerges and the broader market sentiment improves, the SOL ETFs could increase exposure to the SOL ledger and boost institutional participation, which will help stabilize the SOL price. PNUT Emerges as the Only Meme Coin to See Growth Peanut the Squirrel (PNUT) is the only meme coin to have shown some growth in the last 7 days. PNUT has grown from $0.14 to $0.20 in the previous 7 days, while the rest of the meme coin market suffers a major setback. Technical indicators show lower volatility for PNUT, and there is a chance for strong momentum for the PNUT price to touch $0.5 soon. The squirrel-themed meme coin is one of the best-performing crypto tokens amid a bearish crypto market. While the resurgence of the meme coin sector has been questioned, the PNUT positive price growth could be the trigger. Analysts Project 5,000% Surge for DTX Exchange by Q3 The DTX Exchange is a cutting-edge cryptocurrency trading platform that promises to transform the trading landscape. The DTX Exchange leverages the strengths of blockchain technology and traditional asset classes. It provides a one-of-a-kind and comprehensive answer to the difficulties that traders and traditional trading platforms confront. With the Solana price and Bitcoin price having poor prospects, investors are attracted by DTX Exchange’s value proposition. DTX Exchange is intended to be a one-stop platform for all trading needs. The platform's user interface is simple and intuitive, delivering a smooth trading experience for traders of all skill levels. DTX currency offers a comprehensive selection of asset classes, including cryptocurrencies, equities, commodities, stocks, bonds, foreign currency (FX), and contract-for-differences (CFDs), allowing traders to diversify their portfolios. The DTX presale has received a record $15M in funding, and the DTX token has grown by 800% from its initial listing price of $0.18. Investors are invited to the presale to buy the token at this affordable rate before the token goes mainstream and shoots to $1. Another key factor further driving up demand is the listing price of $0.36 recently announced by the platform. However, this opportunity to score 200% gains is running out as over 30% of the bonus round is already sold. Make sure that you checkout the viral presale before the parabolic rally starts. To know more about the DTX Exchange ecosystem, check out: Visit Website Buy Presale Join Community 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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