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Cryptocurrency News Articles

February's Big Bet: Will Solana (SOL) See a 50% Jump toward $350?

Feb 01, 2025 at 11:25 pm

Solana (SOL) has been grabbing attention with its recent on-chain activity, as analysts predict that the cryptocurrency could surpass the $300 mark in February.

February's Big Bet: Will Solana (SOL) See a 50% Jump toward $350?

Solana (SOL) activity has been buzzing recently, with analysts predicting a potential surge past the $300 mark in February. After a strong January performance and whale activity driving the price up, Solana seems set for a breakout.

But another emerging force in the crypto market, 1Fuel (OFT), is turning heads with its innovative wallet and cross-chain transaction capabilities. Analysts are predicting a massive 100x return on the horizon for this project. Let’s break down why!

February’s big bet: Will Solana see a 50% jump toward $350?

Solana, a layer-1 cryptocurrency, saw a lot of on-chain activity in January 2025, becoming the main hub for memecoins and decentralized exchanges (DEX). The influence of TRUMP, a memecoin that gained popularity with a fully diluted valuation (FDV) peak of $75 billion, was the main force behind this surge.

Over the last eight days, the Solana price has been quite volatile and has had difficulty holding above the $265 resistance level. A closer look at a chart at a lower time frame, however, reveals that the consolidation only resonated inside two convergent trendlines, signifying the creation of a bull flag pattern. Theoretically, this chart setup gives buyers a little retreat to regain the bullish momentum. 

If the pattern is correct, the Solana price would break through the overhead resistance at $247, setting the stage for a 50% price increase and a $350 target. Meanwhile, 1Fuel (OFT) has become a key alternative, offering investors not only massive returns but also a solid foundation in cutting-edge technology.

The one-click solution: How 1Fuel makes cross-chain transactions simple

1Fuel (OFT), an upcoming cryptocurrency wallet in its presale phase, is a hidden gem that crypto experts are buzzing about. It’s getting ready to change the game for the next generation of transactions. Its ongoing presale is attracting attention from crypto whales thanks to its innovative technology and the potential for massive returns.

At its core, 1Fuel is known for its one-click cross-chain transaction functionality. It makes the once-feared cross-chain transactions process a breeze. Users just need to select the assets they want to swap without worrying about networks, click, and let 1Fuel handle the rest.

It also makes sure that each transaction executed is secure and private. For privacy, it uses its built-in mixer and disposable wallets. They make sure that none of the transactions is left traceable. Furthermore, for security, it uses a cold wallet option to secure crypto assets offline and keep them safe from online threats.

1Fuel also has an integrated p2p exchange which aims to eliminate the hassle of dealing with middlemen, giving each user complete control over their assets and letting them transfer them directly. These features have been attracting whales to be a part of this truly transformative project.

$1.7 million raised in presale: 1Fuel is the talk of the crypto town

1Fuel’s (OFT) ongoing presale has been a major hit in the crypto community, attracting investors from all around the globe. The presale has already collected over $1.7 million in funding, selling almost 170,000,000 OFT tokens. Already two presale rounds have been quickly sold out with only 37% supply of the third round left. Each OFT token is available to be bought for only $0.017.

Analysts predict this project will generate over 100x returns upon its official launch and listing. This has further attracted whales from established crypto projects to be a part of this project.

To Find Out More About The 1Fuel Presale Use The Links Below:

Website: https://1fuel.io/

Telegram: https://t.me/Portal_1Fuel

Twitter / X – https://x.com/1Fuel

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Other articles published on Feb 02, 2025