The price of Solana (SOL) is desperately trying to remain above important support levels amid increasing pressure

In the last 24 hours SOL crashed from $138 to $131, wiping out gains from a mid-March rally. Technical charts show a bearish rejection at the 50% Fibonacci retracement level ($146.5)

The price of Solana (SOL) is desperately trying to remain above important support levels amid increasing pressure. In the last 24 hours SOL crashed from $138 to $131, wiping out gains from a mid-March rally. Technical charts show a bearish rejection at the 50% Fibonacci retracement level ($146.5) and warn of potential declines toward $110—or even $100—if selling momentum picks up.

In the meantime, another Solana competitor, Mutuum Finance (MUTM), is taking advantage of investor hunger for high-growth alternatives. Currently in phase 4, MUTM has raised $6 million with 7,700 holders and has been projected returns of 25,230% after launching.

Solana’s Fall from Grace Deepens

Market structure on Solana tips select bears. The token’s failure to overcome the $146.5 resistance level resulted in a 5% intraday drop, adding to a 16% monthly decline. The Relative Strength Index (RSI) and other momentum indicators rest near neutral regions, however, dissipating relative buying volume reveals bears control both the hourly and daily charts.

Artemis data shows daily transactions and active addresses—two important metrics for network utility—have plummeted since January, after the demand for Solana-based meme coins cooled. The $130 support level now is closely watched by traders, with a breakdown potentially validating short-term bear targets around $100.

Mutuum Finance Presale Gains Ferocious Momentum

As the native SOL digital currency of Solana has faltered, the Mutuum Finance (MUTM) platform for DeFi is becoming a magnet for capital seeking explosive gains. The phase 4 presale with a token price of $0.025 is selling out fast, before a 20% price increase to $0.03 is introduced in phase 5. There is a potential 140% return for early participants at launch when MUTM is listed at $0.06 on exchanges. The real attraction, though, comes in post-launch predictions.

Using a peer-to-peer lending model that generates demand using revenue-driven buybacks, experts predict MUTM to soar to $6.30—a 25,230% increase from its current presale price. Such growth trajectory mirrors presale performance: since fundraising began 7,700 holders have been onboarded, powered by the platform’s real-world utility in decentralized lending and borrowing.

Mutuum Finance Mechanics Drive Long-Term Demand

Mutuum Finance stands out with structural tokenomics that use mechanisms that align incentives between users. Its lending protocol mints mtTokens — interest-earning, asset-backed tokens representing user deposits — which accrue value over a period of time and can be traded on DeFi platforms.

For instance, 20% of platform fees are used to purchase MUTM tokens in the free market and redistribute them to stakers. This establishes perpetual buy demand, shielding the token from severe sell pressure.

Security is a top priority still, obviously, and Mutuum’s smart contracts are currently being audited by Certik. Confident that the results of the audit, once they have been finalized, will be released publicly, restoring investor confidence.

Fourth Round of Presale Almost Sold Out

Investors have few days remaining to snag MUTM for $0.025 before phase 4 ends. A 20% price up-shift is next stage minimizes window for maximizing pre-launch gains. So, also considering historical data, presale tokens commanding strong utility with a buyback mechanism frequently have better post-listing performance compared with other speculative competitors.

Mutuum’s new wave DeFi, transparent tokenomics, and aggressive demand drivers configure it to ride this trend. For those who have been sidelined by Solana’s instability, they can join the presale through Mutuum’s official platform. With phase 4 adding more and more investors, it means you risk the highest entry point before a possible 25,230% surge if you delay things.

For more information about Mutuum Finance (MUTM) visit the links below:

Website: https://www.mutuum.finance/Linktree: https://linktr.ee/mutuumfinance