Crypto News: Solana (SOL) Climbs 3% to $150 After ETF Filings, Traders Compare SOL’s 1.5x Target With a $0.03 DeFi Coin’s 10x Forecast
2025-07-09 10:25:34
Main Idea
Solana (SOL) rose 3% to $150 due to optimism around spot Solana ETF filings, while Mutuum Finance (MUTM) gains attention as a promising DeFi project with a 10x return forecast.
Key Points
1. Solana (SOL) climbed 3% to $150, driven by spot ETF filings from asset managers like VanEck, 21Shares, Bitwise, and Invesco Galaxy.
2. Mutuum Finance (MUTM), priced at $0.03 in its presale, has raised over $11.90 million and is forecasted to deliver 10x returns due to its lending infrastructure.
3. Mutuum Finance offers utility through mtTokens, lending, borrowing, and a decentralized stablecoin pegged to $1, with dynamic interest rate adjustments.
4. The project has undergone a CertiK audit, scoring 95.00 on Token Scan and 77 on Skynet, ensuring security and confidence.
5. Mutuum Finance is positioned as an early-stage DeFi project with real utility, contrasting with Solana's ETF-driven institutional interest.
Description
Solana (SOL) rose 3% to $150, fueled by optimism surrounding multiple spot Solana (SOL) ETF filings from asset managers like VanEck, 21Shares, Bitwise, and Invesco Galaxy. The SEC’s request for revised S-1 filings, including adjustments for in-kind redemptions and staking, signals potential approval progress, boosting investor confidence. Rising decentralized exchange (DEX) volumes, which hit $64 billion, and growing DeFi activity on Solana (SOL)’s blockchain further support the bullish sentimen...
Latest News
- Software Engineer Says XRP Is Rising, but Be Cautious of This Red Flag2025-07-09 17:05:11
- Analyst Says XRP Has Confirmed Breakout, Sets Price Target2025-07-09 16:22:12
- Ripple CEO Live at U.S. Senate: “XRP Is Not in Itself a Security”2025-07-09 16:00:27
- Over 120 Million Cardano (ADA) in Two Weeks. Here’s What Happened2025-07-09 15:47:20
- Popular Technologist Is Working on Something for XRP Army2025-07-09 14:34:59