The crypto-verse hit recovery mode lately, although it’s just the top altcoins that are reversing their losses. The SOL price is looking likely to surge in the coming days, and as usual, the reasons are a lot.
The best part is that it’s not just the old guards that are making the headlines. New crypto tokens like Panshibi are also headlining in the market. In Panshibi’s case, the presale has been rather difficult to ignore. Word on the street says the token listing on Coinbase will send the SHIBI price to the moon.
Solana Latest News: Bulls, ETFs, and Recovery
The SOL price is back above its $230 support level, and Solana has a lot to thank for the speedy recovery. It was a streak of losses for three days since Monday, and the token is equal parts lucky, equal parts deserving to end the week on a green note.
Solana bulls have been solidly behind the token lately, as they have taken up new long positions on the Solana futures markets. The new additions took the long positions on the SOL price to over $212 million, showing some aggressive support from the bullish Solana community.
What’s more, the news of potential Solana ETFs in 2025, coupled with the oversold status of the SOL token, has brought some hope back to the SOL price. It’s already past $230; the Solana latest news shows that the $250 level is in view.
Solana and Meme Coins
The Solana blockchain became one of the busiest in 2024 as the ecosystem welcomed new launches starting in 2023. Solana opened its blockchain to meme coins, namely Dogwifhat and BONK, and they brought all the traffic to the network.
Throughout 2024, Solana had meme coin launches almost every other month, generating significant traction to stay relevant in the crypto market. And even when Donald Trump wanted to put his token out for trading, he went on the Solana ecosystem.
All that activity translates to relative SOL price stability that most traders can trust. Sure, the meme coins have a reputation for instability, but Solana is trading only in a certain range, thanks to their activity.
One of the meme coins will be hitting the block soon. It’s not a Solana offering, but it’s got quite the reputation already.
Panshibi: Cool spot after a chaotic day
The crypto market is one very fast-paced ecosystem, with trading positions and token prices changing by the minute. It could leave a trader in shambles, and the Panshibi (SHIBI) ecosystem is one spot to release all that tension.
It’s nothing too fancy; it’s just an efficient, appealing collection of AI elements and SocialFi that works. The interface is open for anyone to explore, and at your pace too. There are quests to complete if you’re in the gamer mode, but Panshibi only offers the Bamboo Valley atmosphere to its users.
In the midst of the tranquil exploration, the Panshibi ecosystem offers a chance for passive earnings. Again, you don’t have to be actively involved. Simply stake your SHIBI coins for top-of-the-mill rewards.
Yes, SHIBI coins can be staked for the highest APY rates in the crypto market, but there’s only one way to get them. Head over to the presale today and get your scoop of SHIBI tokens alongside. Their values will soon start spiking, especially with a listing on a major exchange like Coinbase.
The Panshibi presale
SHIBI updates show that the tokens are in presale stage 2, after stage 1, which only lasted a few days. Over 80 million Panshibi tokens sold out in less than 6 days crypto investors are definitely not sleeping on this one.
Now, each token costs $0.003, some 50% over what they were initially worth. You can still make 8x profits from the presale, and that’s before they even list on Coinbase.
Join the Panshibi bandwagon and win exciting rewards today!
Telegram: https://t.me/panshibi
Twitter: https://x.com/panshibi
Website: https://panshibi.com
