Category: Crypto News, News
Could The PUMP Token Harm The SOL Price? On-Chain Data Shows Top Holders Hedging
Solana Price Prediction is in focus after SOL traded near $154 support on July 9, as on-chain data revealed that top holders have been hedging against wider market risks in recent days. This buildup at the $154 mark comes as whales moved large stakes and institutional traders adjusted positions ahead of macro updates and tariff talks from the U.S. administration.
Investors are also watching the hype around Pump.fun’s native PUMP token sale, which could siphon off speculative capital from SOL as participants chase quick memecoin gains. Meanwhile, a new contender in the blockchain space is gearing up for its own launch in Q3, with a wallet reveal that hints at strong community backing.
Solana Price Prediction: SOL Holds Above Key Support Amid Whale Accumulation
Solana Price Prediction models from experts like Ali Charts on X (formerly Twitter), suggest that if SOL sustains support at $147.59, it may rebound toward the next resistance zone near $170. Currently, SOL trades at around $154.55, up modestly from its low of $147, reflecting a 1.5% gain over 24 hours amid a broader crypto market uptick.
On-chain data shows three whale transfers of roughly 3 million SOL each in the past 48 hours, indicating that major holders are positioning for a potential recovery amid favorable Solana price predictions. At the same time, analysts in their Solana price predictions point out that SOL remains in a symmetrical triangle on the 4-hour chart, with a breakout to the upside likely to target the $180 mark in the medium term.
PUMP Token Sale Faces Uncertainty But Sparks Meme Craze
Pump.fun’s PUMP token sale is set to launch on July 12, offering 150 billion tokens at $0.004 each, representing 15% of the 1 trillion supply. Bybit will host the primary sale, but European users will be barred due to MiCA compliance, and Gate.io’s brief leak of a $600 million sale page has created confusion around the distribution details.
Despite the uncertainty, memecoin traders are flocking to PowerTrade’s options platforms, with bullish call flows on altcoins including SOL and PUMP, reflecting a risk-on mood in the short term. The impending sale could absorb up to $600 million in liquidity, potentially at the expense of SOL spot volume as speculative funds chase quick gains in the memecoin sector.
Remittix: A New Contender with Innovative Ecosystem and The Best Crypto Presale To Buy Now
Remittix introduces a fresh approach to blockchain payments, blending real-time cross-border transfers with staking incentives in a unified network that rewards both remitters and nodes. Its tokenomics include a deflationary mechanism and gas-fee rebates that set it apart from traditional Layer-1 projects.
The Remittix wallet revealed earlier this month showcased a sleek interface and support for multi-asset holdings, underscoring the team’s focus on user experience. This early glimpse has already driven strong interest among retail and institutional backers ahead of the planned Q3 launch.
Capital raised has topped $16 million, nearing the $18 million softcap target. The project is sweetening the deal with a 50% token bonus for early participants, creating an incentive to commit now rather than wait for later stages.
Join The PayFi Revolution
Ready to join a project that blends real-time payments and DeFi rewards? Secure your RTX tokens at today’s price of $0.0811 and claim the 50% bonus before the softcap is reached.
Don’t miss out on a Q3 launch that promises innovation in blockchain remittances and a community-driven growth model. Head to the Remittix page now to reserve your tokens and become part of the best crypto presale to buy now.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
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