Solana( SOL ) is back at it, showing renewed strength after successfully breaking the $160 resistance level for the second time within the past three months. Currently trading at $163.43, SOL has gained 12.87% over the last 30 days, commanding an $87.65 billion market capitalization that has solidified its position as the sixth-largest cryptocurrency in the market. Analysts now believe the recent price action mirrors the $125 breakout witnessed in April, which subsequently led to a $187 peak in May. The current projection targets $300 before August. Got called crazy for calling a retrace back into $125 levels for $SOL even crazier when I said I expect orange levels to hold and won't see below $100 per $SOL like many High CT account have rooted for Now I See we should see $300/$450 SOL next over the next Coming months https://t.co/rZlR7vDQkU pic.twitter.com/PXeafDkEOs — DonaXbτ (@CryptoDona7) July 10, 2025 Solana Becomes TradFi Internet Layer With PumpFun ICO $500M Liquidity Dominance Beyond bullish chart patterns, Solana continues to serve as a liquidity hub, with protocols built on its infrastructure showcasing compelling use cases and competitive advantages over other layer-1 blockchains. For instance, the popular memecoin launchpad PumpFun conducted its ICO on July 12 , with more than 70% of participants securing spots in the highly contested FCFS distribution through direct Solana chain interaction. This event raised over $500 million via on-chain wallets , while only $100 million was recorded from centralized exchanges due to investors struggling to process their transactions efficiently. brah, is this a fee spike for ants? if you want reliable low fees under insane load conditions, there is only one choice, SOLANA https://t.co/TmadbaBl15 pic.twitter.com/DTWEEW7KOW — toly (@aeyakovenko) July 12, 2025 This development has further reinforced Solana’s edge as the internet layer for traditional finance and capital markets. Similarly, the popular Solana-based NFT mascot Pudgy Penguin has attracted attention from top industry players, with notable figures including VanEck, Coinbase, Moonpay, and even Tron founder Justin Sun featuring the PENGU profile picture. With the first-ever Solana ETF now live in the United States and additional ones in the pipeline, analysts like Ali Charts believe SOL’s breakout will target the $185 immediate resistance level. Solana $SOL is retesting its breakout zone, potentially gearing up for a move toward the $185 target! pic.twitter.com/McY5VtwAbC — Ali (@ali_charts) July 12, 2025 Popular crypto trader “Crypto Dubzy” also shared his analysis, projecting $194 as the next target if the $195 resistance is breached, with expectations for the $257-$305 levels to follow. With Solana’s open interest in the derivatives market surging past $8.15 billion and funding rates remaining positive , these targets appear well within reach. Source: Coinglass SOL Weekly EMA89 Reclaimed — Next Fibonacci Stop at $252 On the technical front, the weekly chart for SOL/USDT displays a potential bullish reversal now that price has reclaimed and is trading above the 89-week EMA, which serves as a significant long-term trend indicator. Following a prolonged correction from the $295 high, SOL found support around the 0.236 Fibonacci retracement level near $142 and has since rebounded with increasing volume. Source: TradingView The recent price breakout above both the EMA89 and a multi-week consolidation pattern suggests growing momentum. Should bullish continuation persist, the next potential resistance zones align with Fibonacci levels—first at $171 (0.382), followed by $195, $219, and a possible retest of $252 if momentum accelerates. Given the recovery of key moving averages and the structural shift, the outlook favors an upward trajectory toward the $200–$250 range, provided SOL maintains levels above the $145–$155 support band. Snorter Bot Provides Early Access To Solana Memecoin Sniping Tool For traders seeking to capitalize on Solana’s performance, one common strategy involves purchasing Solana memecoins when SOL demonstrates strong price action. However, most of these tokens are not easily accessible except through direct interaction with the Solana chain. Professional traders and DeFi participants often resort to using Telegram trading bots to snipe these memecoins , particularly on platforms like pump.fun and the newly launched BonkFun. One trading bot gaining traction among users is the Snorter bot . What makes it particularly appealing is its Solana-based infrastructure and its native token $SNORT, offered as a memecoin for investors to purchase. Within just a few weeks since its presale launch, Snorter Bot (SNORT) has successfully raised over $1.6 million, demonstrating significant investor interest. SNORT is currently priced at $0.0981 per token during the ongoing presale round, offering early investors the opportunity to participate before the price increases. Interested participants can join the presale via the official Snorter presale website , using popular cryptocurrencies or bank cards to complete their purchase. The post Solana Price Prediction: Experts See SOL Hitting $300 Before August Amid Bullish Chart Patterns appeared first on Cryptonews .
Crypto companies are not waiting around. They’re charging into the US banking system with full force under Donald Trump’s presidency, taking advantage of what they see as a wide-open regulatory window. Ripple, a crypto payments company, and Circle, which handles stablecoins, have both applied for national trust bank charters. BitGo, a crypto custody firm, has done the same. Kraken, on the other hand, is skipping the charter route and going straight into debit and credit cards, set to launch before the end of the month. Executives are calling it a “natural convergence.” That’s the phrase Arjun Sethi, Kraken’s co-CEO, used when explaining why they’re doing it now. Sethi said the company doesn’t plan to become a full-service lender but will work with partners for that part. “We don’t want to be the bank that offers a mortgage,” he said . “We want to just partner with the best folks that can provide them.” Crypto seeks access to the Fed This isn’t just about expansion. It’s about legitimacy. Circle said the OCC license would help connect crypto with the US financial system in a more formal way. And Brad Garlinghouse, Ripple’s CEO, has already submitted an application for a master account at the Federal Reserve, which would allow Ripple to directly hold stablecoin reserves at the central bank, just like Wall Street banks do. Only Anchorage Digital currently holds a national bank charter, but the race is clearly on. These trust bank licenses won’t allow firms to lend or accept direct customer deposits, but they would let them custody crypto and handle payment processing. Most importantly, they would replace state-by-state licensing with one national permission slip, giving these companies an easier path to operate across the US. The political backdrop is key. Executives say Trump’s administration has made it clear they’re more open to crypto charters than Joe Biden’s team ever was. Max Bonici, a partner at Davis Wright Tremaine, said it bluntly: “It’s… a 180 from where a lot of these crypto companies started, saying ‘we don’t need banks, we don’t need laws, we’re above it all.’ Now they’re saying ‘regulate us.’” Stablecoin rules tighten while firms move fast Washington isn’t standing still either. A new bill, the Genius Act, is under debate, and it would put stablecoins under stricter rules. The bill would require all dollar-pegged stablecoins to be backed by US Treasuries, and only firms with proper licenses from the OCC or regulated banks would be allowed to issue them. That’s exactly the kind of legislation that these companies are racing to prepare for. Adam Chernichaw, a partner at Pillsbury, said this could finally allow stablecoins to be part of the US financial market in a serious way. The Trump White House reportedly backs the idea, and with stablecoins becoming more popular for cross-border payments and on-ramp trading, that support matters. Traders use these tokens to move money fast without touching actual banks, and corporates like the idea too. Other fintech firms are watching closely. Robinhood, which made over 50% of its transaction revenue from crypto last year, is preparing to roll out banking features in the fall. Its CEO, Vlad Tenev, said they want to handle everything for users, including taxes and estate planning. London’s Revolut, a neobank with heavy crypto trading, is aiming for a US banking license in the future. Klarna, led by Sebastian Siemiatkowski, is trying to turn its consumer lending business into a crypto company altogether. Even Bank of America is getting ready. Once stablecoin rules are finalized, the bank reportedly plans to issue its own version. David Portilla, a financial regulation expert at Davis Polk, said Trump’s administration has made it clear they’re open to this kind of thing, something the previous White House avoided entirely. Not everyone is jumping through the same hoops, though. Kraken, which already has a state-level license in Wyoming, is skipping the whole federal charter process. It’s going straight to launching its new app, bypassing the traditional path. Sethi explained that the company wants to focus on crypto tools and card services, not becoming a full-scale bank. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
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Solana eyes a breakout as bulls defend $157 support and target the $185 extension level.
Dogecoin (DOGE) has long been a favorite of meme traders, but when it comes to actual DeFi functionality, it rarely sees serious utility. It’s popular for tweets and trends—but that’s where the story ends. In contrast, Mutuum Finance (MUTM) is giving assets like DOGE a new purpose, transforming them from static holdings into active tools within a decentralized financial ecosystem. Through Mutuum Finance (MUTM)’s P2P (Peer-to-Peer) lending model, DOGE holders will be able to use their tokens as overcollateral to borrow assets like USDT directly from other users—unlocking liquidity without giving up DOGE’s upside potential. This model is built for real-world use and will become fully functional upon platform launch. A DOGE holder can create a custom loan agreement, set their preferred terms, and overcollateralize according to the asset’s risk profile. Lenders on the other side can accept the offer and transfer USDT, all facilitated by smart contracts without intermediaries. Because all loan terms—such as interest rate, loan amount, and repayment conditions—are flexible and agreed upon by both parties, users stay in full control of their positions. With no fixed loan expiry, borrowers will be able to repay anytime and reclaim their DOGE, making this an ideal solution for accessing short-term liquidity while holding onto volatile or growth-focused assets. Yield for Lenders, Utility for Borrowers While P2P lending will unlock utility for meme tokens like DOGE, Mutuum Finance (MUTM)’s P2C (Peer-to-Contract) model is being built for more stable, blue-chip assets. Lenders will be able to deposit tokens like MATIC, BNB, or DAI into risk-tiered smart contract pools and receive mtTokens in return. These mtTokens will represent their stake in the pool and will automatically increase in value as borrowers tap into the available liquidity. Interest rates in this model will be determined by the demand for each asset, the loan-to-value (LTV) ratio applied, and the utilization of the pool. For example, one lender deposited 1,000 MATIC (valued at $800) into a P2C pool. A borrower will be able to access a loan using SOL as overcollateral at a 75% LTV. This setup will allow the lender to earn steady passive income through dynamically adjusting APYs, expected to range from 6% to 9% depending on borrowing activity or the pool utilization. All lending activity will remain non-custodial and fully trustless. Deposits will be secured in on-chain smart contracts, and users will receive mtTokens that represent their underlying assets. These mtTokens will be freely transferable and usable within the Mutuum Finance (MUTM) ecosystem. Users will also be able to stake mtTokens in designated smart contracts to receive MUTM token dividends—distributed through a regular buyback mechanism funded by protocol-generated revenue. The Window Is Closing Fast—Presale Price About to Rise Mutuum Finance (MUTM) is currently in Phase 5 of its presale, priced at just $0.03 per token. Already 72% of this allocation has been sold, and over 13,000 holders have joined the ecosystem, contributing to more than $12.15 million raised so far. With the next phase set to increase the price by 20% to $0.035, buyers still have a narrow window to get in before the revaluation. Once the token lists at $0.06, today’s entry point will be locked in at half the public price. Some early movers have already seen major returns. For example, one trader exited their Dogecoin (DOGE) position near its recent local top and allocated $15,000 into Phase 1 of the Mutuum Finance (MUTM) presale at $0.01 per token. That initial investment secured 1,500,000 MUTM tokens. As the presale progressed through multiple phases, the token price increased to $0.03, effectively tripling the original capital to a current paper value of $45,000. With the listing price targeted at $0.06, this early stake has a projected 6x upside, which would grow the position’s value to $90,000 if the token launches at the expected rate. As interest continues to build and token supply tightens in the upcoming phases, new entrants will inevitably face higher prices—and significantly fewer tokens per dollar invested. For comparison, if the same trader were to invest $15,000 today at the current Phase 5 price of $0.03, they would only receive 500,000 tokens—one-third of the original allocation. To boost community engagement and ensure a secure rollout, Mutuum Finance (MUTM) has partnered with CertiK, the leading blockchain security firm. A full audit has been completed, and a $50,000 Bug Bounty Program is now live, incentivizing developers to stress-test the platform before mainnet release. Alongside this, a $100,000 giveaway is currently underway, with ten early participants each set to receive $10,000 worth of MUTM tokens—a bold move to reward those who joined before the mainstream rush. Mutuum Finance (MUTM) isn’t about hype—it’s about function. Whether you’re holding DOGE or blue-chip assets, this ecosystem offers real-world lending utility, flexible capital access, and passive income through protocol participation. At $0.03, this token is not just 72% sold—it’s 100% loaded with purpose. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
Traders are optimistic despite tariff announcements, with Bitcoin showing resilience. Markets seem indifferent to recent negative news, maintaining a focus on altcoins. Continue Reading: Traders Expect Bitcoin’s Resilience Amid Tariff Speculations The post Traders Expect Bitcoin’s Resilience Amid Tariff Speculations appeared first on COINTURK NEWS .
Bitcoin rally to $118K wipes out over $1 Billion in short bets, Canadian woman sues after $1.3M in bitcoin vanishes in SIM-swap scam, Indian crypto users slammed with 18% GST as Bybit complies with tax regulation, and more in this Week in Review. Week in Review Bitcoin surged to $118,000, triggering over $1 billion in
Bitcoin has re-entered price discovery, signaling a significant phase in its macro cycle with technicals and sentiment aligning for potential growth. Wave V is underway, supported by upward-trending weekly EMAs
Bitcoin broke its all-time high price record at $119,292.62. After this historic high, the price has retreated somewhat and is currently trading at $118,979.14. Bitcoin, which has gained 9.22% over the past seven days, has once again attracted investor attention. In the last 24 hours, the cryptocurrency market saw a total of $205.37 million in liquidations. $83.77 million of these liquidations came from long positions and $121.59 million from short positions. The assets that saw the most liquidations were as follows: BTC: $41.13 million ETH: $35.06 million XRP: $15.32 million XLM: $10.69 million Altcoins like PENGU, DOGE, SOL, and HBAR also saw liquidations worth millions of dollars. Related News: Exchange Wars: Binance Founder CZ Accuses Rival Exchange of Sabotage “Bitcoin has historically been highly correlated with tech stocks, and that trend continues,” said Nic Puckrin, crypto analyst and founder of Coin Bureau. Bitcoin, which has risen around 21% since the beginning of 2025, has also been supported by the Trump administration's crypto-friendly policies, including the creation of a strategic Bitcoin reserve and the expansion of digital asset holdings. Pepperstone research strategist Dilin Wu stated that the underlying reason for this rally is the ongoing structural inflows from institutional investors. Wu also emphasized that companies continue to accumulate Bitcoin, noting that firms like MicroStrategy (MSTR) and GameStop (GME) are adding BTC to their balance sheets. Trump Media & Technology Group (DJT) reportedly filed an application this week requesting approval to launch a “Crypto Blue Chip ETF” with approximately 70% of its portfolio comprised of Bitcoin. *This is not investment advice. Continue Reading: Bitcoin’s Weekend Breakout: Price Breaks All-Time High Record Again – Here’s What We Know
Bitcoin (BTC) has surged to new all-time highs, signaling a potential continuation of its historic bullish momentum with key price levels under close watch. Market analysts highlight significant liquidation events