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Cryptocurrency News Articles

Solana Thrives in the Meme Coin Market but Faces Competition from Yeti Ouro, Eyeing SUI for a Potential Game-Changing Alliance

Jan 17, 2025 at 02:23 am

With Solana's rapid transaction speeds and vibrant ecosystem, it has managed to be a strong competitor in the meme coin market which will only grow in 2025.

Solana Thrives in the Meme Coin Market but Faces Competition from Yeti Ouro, Eyeing SUI for a Potential Game-Changing Alliance

Solana (SOL) has managed to become a strong competitor in the meme coin market, which is only set to grow in 2025. However, they now also face new competition in the form of Yeti Ouro (YETIO). It is believed that they are looking to build connections with SUI (SUI), which is currently the center of attention for various legal matters.

Regardless of these challenges, SUI is still being regarded as one of the best blockchain ecosystems, and discussions regarding the collaboration of Yeti Ouro (YETIO) have started blooming, which could potentially cause the crypto market to shift in ways they haven’t predicted.

Solana price prediction: Struggling under growth pressure

Due to its low cost per transaction and high throughput, Solana has enjoyed being a go-to chain for meme coins. As per reports, it currently has a capacity for over 1400 transactions per second. Looking to the beginning of 2025, they can expect to see:

Solana price analysis: traders anticipate a 40% breakout or downturn.

Technical analysis indicates a potential 40% price swing depending on whether SOL price breaks above $214 or dips below $183.

SUI earned $405M in Revenue (Pumpdotfun).

Due to the network’s continuous adoption, these profits showcase Solana’s ability to create substantial liquidity.

Solana price drops below crucial support, signaling a bearish trend.

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Other articles published on Jan 29, 2025