Solana’s price surged past $200 amid a whale-driven rebound, yet doubts linger over its staying power as Mutuum Finance (MUTM) draws sharp investor focus in the crypto market. Last week’s selloff plunged the token to $178 but renewed buying from large holders propelled a 3% daily gain to $200.55 on October 14.
Meanwhile Mutuum Finance (MUTM) advanced through its presale raising $17,400,000 and amassing 17,140 holders since inception. This shift underscores why observers eye MUTM as the crypto to buy now, blending DeFi utility with timely entry points. Broader crypto prices wavered, yet whale activity hinted at deeper currents reshaping crypto investments.
Whale Activity Ignites Solana Surge
Whales accumulated heavily around $180 to $200, per on-chain data from Hyperliquid and Arkham. Spot exchanges logged $3.5 billion in 24-hour volumes, while DEX activity hit peaks. Solana climbed from June’s $130 low, forming higher highs until September’s $190 dip eroded momentum.
That pullback shattered prior supports. Crypto prices today reflected this fragility, with Solana down 14% weekly despite the rebound. Institutional demand via CME options added liquidity, yet trading volumes alone masked underlying pressures.
Profit-taking lingered. Broader market weakness compounded the slide, as the Trend Strength Index dipped below neutral. Solana now tests $235; breaching it could revive the uptrend, but failure risks a drop to $155 or $130.
Investors watched closely. Crypto predictions leaned bearish if lower lows persist, downplaying Solana’s rebound as fleeting amid why crypto is going up queries.
Mutuum Finance (MUTM) Presale Accelerates
Mutuum Finance (MUTM) opened phase 6 of its 11-phase presale. The current pricing of tokens at $0.035 each. Investors snapped up 70% of the allocation swiftly, signaling robust demand in the crypto market. This phase has climbed 250% from phase 1’s $0.01 entry, rewarding early backers handsomely.
Phase 6 sells out fast. The window to acquire tokens cheaply narrows daily, paving the way for phase 7’s 14.3% hike to $0.04. Launch arrives at $0.06, promising current buyers a 420% ROI post-deployment.
Holders reached 17,140. Crypto investments like this one prioritize utility over hype, as Mutuum builds a lending protocol on Ethereum.
The team unveiled a dashboard tracking top 50 holders. A 24-hour leaderboard spotlights daily leaders; the top user claims a $500 MUTM bonus after one transaction, resetting at 00:00 UTC.
Protocol Development Unfolds
Mutuum Finance (MUTM) announced its lending and borrowing protocol’s blueprint. Version 1 deploys to Sepolia Testnet in Q4 2025, featuring liquidity pools, mtTokens, debt tokens, and a liquidator bot.
Initial assets span ETH and USDT for lending, borrowing, or collateral. Overcollateralization safeguards positions, with liquidation bonuses incentivizing swift resolutions to maintain solvency.
Borrow rates tie to utilization, dropping low during abundance to spur loans, then rising in scarcity to draw deposits. Stable rates lock predictability for borrowers, starting higher yet rebalancing if variables surge beyond 90% divergence.
Deposit and borrow caps limit exposures, especially for volatile tokens. Loan-to-value ratios cap borrowings at 75% for stables like ETH, tightening to 35-40% for riskier assets, while liquidation triggers hover at 80% or 65% thresholds.
The team finalized a Certik audit successfully, earning a 90/100 token score for security. Mutuum Finance (MUTM) partnered with Certik on a $50,000 USDT bug bounty, tiered across critical, major, minor, and low vulnerabilities to fortify the protocol.
Giveaway Sparks Engagement
Mutuum Finance (MUTM) rolled out a $100,000 MUTM giveaway for 10 winners, each netting $10,000. Participants submit wallet addresses, complete quests, and invest at least $50 in the presale to qualify.
This initiative heightens community ties. Crypto prices fluctuate, but such moves underscore why crypto is going up in targeted sectors like DeFi.
Enhanced Safeguards Bolster Protocol
Reserve factors skim borrower interest, pooling 10-35% based on asset volatility to buffer defaults. Chainlink oracles drive price discovery, with fallbacks and aggregated feeds ensuring timely data amid market volatility.
Lower-volatility assets like stablecoins tolerate higher LTVs. Liquidation penalties fund treasuries partially, balancing liquidator gains with protocol health.
Peer-to-contract pools offer instant liquidity for majors like ETH, while peer-to-peer vaults enable custom terms for niche tokens. Lenders earn via mtTokens, redeemable with yields; borrowers retain custody through overcollateralized loans.
Rebound’s Shadow on Crypto Choices
Solana’s $200 reclaim falters under reversal risks, as crypto predictions favor steadier plays. Mutuum Finance (MUTM) stands out as the crypto to buy now, its protocol delivering yields on idle assets without custody loss.
Investors positioned early capture 420% gains at launch, outpacing volatile rebounds. Secure your stake in this DeFi builder before phase 6 closes.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
