Altcoin
Solana Price Eyes Breakout to $200, SOL ETF Approval Timeline

The price of Solana (SOL) is again in the spotlight as the current bullish consolidation has flipped the coin to a new weekly high. The Solana community also anticipates the Exchange Traded Fund (ETF) tied to the asset, prompting the debate on the potential timeline for the offering’s approval. With the price of Bitcoin and altcoin showcasing a rebound, Solana’s performance has stood out from other altcoins.
Is The Solana Price Breakout to $200 Possible?
According to new insight on X from market analyst World of Charts, the price of Solana is currently testing a potential breakout trend. He said the coin is testing crucial resistances that can easily push it to the $200 level if it successfully breaks out.
The World of Charts thesis tips the SOL price to soar by over 86%, with the potential to add $105 in a bull case scenario. However, this does not negate a possible SOL price retest of $75 if crucial support levels fail to hold.
At the time of writing, the price of Solana was changing hands for $120, up by 8.06% in 24 hours.


Despite the Relative Strength Index (RSI) soaring from the low of 34 recorded on April 8 to the current 46.89, SOL is not completely out of the woods. The MA Cross indicator shows that the Death Cross inked on April 2 has yet to be invalidated.
Solana ETF: Potential Approval Timeline
With Solana showcasing a potential rebound trend, many community members are quizzing to determine what will happen to its growing ETF products. Responding to SOL ETF approval queries, Senior Bloomberg ETF Analyst James Seyffart broke the silence on what to expect.
He reiterated that the first ‘final’ deadline for SOL ETFs is October 10. He noted that there is a non-zero chance the new Atkins-led US SEC and Hester Peirce-led Crypto Task Force will move earlier than that.
Despite this definitive timeline, he reiterated that there is a strong expectation of approval by that deadline. In the meantime, the Crypto Task Force is pushing for clear regulations, which is positive for a potential approval.
A Solana ETF could usher in institutional money into the ecosystem, which is bullish for the SOL price, leading to a massive breakout.
More SOL Fundamentals to Watch
According to a recent ecosystem shift, the Proof-of-Stake (PoS) protocol is undergoing a subtle rebranding in the market. Besides introducing Confidential Balances to drive privacy, Solana Developers have also unveiled Open Source Relayers. In partnership with OpenZeppelin, these Relayers are in alpha mode and can power some functionalities within the ecosystem.
A defined attempt to revive the memecoin outlook in the SOL ecosystem through PumpFun also exists. With the return of the livestream, PumpFi, and PumpSwap, the protocol is gearing up for a new wave of meme explosion and price rebound.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Mantra Team Responds As The OM Token Price Crashes Over 80% In 24 Hours

The Mantra team has addressed the crypto community following the Mantra (OM) token price crash of over 80% in the last 24 hours. Despite the statement, the community is still concerned that this might have been a rug pull by the team, which controls a huge amount of the token’s total supply.
Mantra Team Responds Following Token Crash
In an X post, the Mantra team assured the community that the token is “fundamentally strong” despite the crash that occurred in the last 24 hours. The team blamed the crash on “reckless liquidations” and denied it had anything to do with the project.
They further assured that this had nothing to do with the team and revealed that they were looking into the Mantra price crash and would share more details about what happened as soon as possible.
In an X post, the project’s co-founder, John Patrick Mullin, further revealed that there was a massive forced liquidation from a large OM investor on a Centralized Exchange (CEX). However, he didn’t reveal whether it was one of the top crypto exchanges.
In another X post, Mullin tried to set the record straight. He stated that they didn’t delete the Telegram channel. He further remarked that the team’s tokens all remain in custody and provided a wallet address (mantra…..quam) for community members to verify this claim.
The Mantra co-founder added that they are actively figuring out why these massive forced liquidations occurred and will provide more information as soon as possible. He assured that they are still here and not going anywhere.
Mantra Price Crashes By Over 80% In 24 Hours
CoinMarketCap data shows that the Mantra price has crashed by over 80% in the last 24 hours. The token sharply dropped from an intra-day high of $6.3 to as low as $0.4. However, it has reclaimed the $1 price level following the team’s statement.
However, amid this statement, some community members still seem convinced that this was a rug pull, as the team controls a huge amount of the token’s supply. Crypto commentator Sjuul described the OM token as the LUNA of this cycle.
He further explained why the community believes the crash was a rug pull, stating that the crash began when a wallet believed to be connected to the team suddenly deposited 3.9 million OM tokens to the OKX crypto exchange. This deposit led to significant selling pressure, which caused the Mantra price to crash.
Besides the token’s crash, the broader crypto market is witnessing a downtrend following US President Donald Trump’s statement in which he debunked reports of an exemption. This comes just a day after the crypto market rebounded following reports that the US president had exempted computers, phones, and chips from his tariffs on China and other countries.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Ethereum Price Eyes Rally To $4,800 After Breaking Key Resistance

Ethereum’s shoddy run of form is reaching its lowest ebb with investors lapping at the charts in bullish fashion. Ethereum price is tipped for a rally to $4,000 after technical indicators flash glimpses of promise for the largest altcoin.
Ethereum Price To $4,800 Is In Play
Cryptocurrency analyst Javon Marks is predicting an extended rally for Ethereum price in the coming weeks on the backs of solid technicals. According to an analysis on X, Ethereum price continues to trade outside of the previous descending trendline after a strong breakout despite recent poor price performances.
Marks notes that the previous breakout triggered an extended bullish run for Ethereum but previous declines leave ETH outside the descending trendline. According to the cryptocurrency analyst, if ETH continues to trade above the trendline, a price target of $4,800 is within grasp. While Marks did not give a timeline, the $4,000 prediction aligns with Standard Chartered’s revised prediction for ETH for the end of 2025.
“With Ethereum still being well broken out of an older resisting trend the target at the $4811.71 level goes unchanged,” said Marks.
While Marks’ prediction offers a ray of hope for the bruised and battered altcoin, trading above the trendline is an uphill climb. For starters, ETH price charts are indicating lower lows and lower highs, confirming a strong downtrend.
Ethereum price has fallen to a new 5-year low against Bitcoin after posting its worst Q1 performance in nearly five years. ETH tanked to lows of $1,400 as investor optimism for the altcoin sunk to previously unseen levels.
Marks Says ETH Can Still Clinch $8,000
The analyst notes if the Ethereum price powers through the maze of challenges on its path to $4,800, it can trigger a sustained rally to $8,000. While the prediction is a steep ascent for ETH, prices have formed a 2020 historical pattern pointing to a rally.
“With this target still in play, an over 200% uphill run to reach it can take place and with the extensive post-breakout action, a break above is possible, bring $8,557.68 into play,” said Marks.
Bankless cofounder David Hoffman has revealed a strategy to improve ETH price performance. The plan involves attracting new users to the Ethereum network while ditching attempts to police users’ behavior.
Despite the possibilities for an upswing, Ethereum price is staring down the barrel of a gun. There are comparisons that the ETH price is mirroring Nokia’s decline with Solana’s rise delivering the final blow for Ethereum.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Bitcoin Analyst Says Shiba Inu Price Is Not Hitting $1, Here’s Why


A recent analysis by a Bitcoin analyst has thrown cold water on the possibility of the Shiba Inu price hitting the $1 mark. The analyst firmly dismissed the idea, suggesting that it is highly unlikely, if not downright impossible.
Why Shiba Inu Price Will Never Hit $1
Davinci Jeremie, a prominent Bitcoin analyst with over 825,700 followers on X (formerly Twitter) has declared the Shiba Inu price will never reach $1. To understand why the analyst has made such a grim prediction, he points to Shiba Inu’s market capitalization and supply dynamics.
With Shiba Inu’s vast circulating supply, Jeremie argues that reaching $1 would require an astronomical market cap far beyond what the crypto market could sustain. As of April 2025, the total circulating supply of SHIB is around 589.5 trillion. However, this number fluctuates with daily token burns.
For Shiba Inu to hit $1, Jeremie has stated that its market capitalization would need to surge to a staggering $600 trillion. To put the sheer scale of this figure into perspective, a comparison between Bitcoin, gold, and the global crypto market cap helps illustrate just how unrealistic this milestone is.
Currently, Bitcoin, the world’s largest cryptocurrency by market cap, is worth around $1.66 trillion. For Shiba Inu to achieve a $1 price point, it would need to surpass almost 600 times the total market cap of Bitcoin.
Gold, which is widely regarded as a reliable store of value and has a market cap of approximately $21.857 trillion, would still be significantly dwarfed by the required market cap for SHIB at $1. To put it simply, Shiba Inu reaching this figure would need a valuation nearly 300 times greater than the entire global crypto market cap, which currently sits around $2.65 trillion.
As mentioned earlier, Shiba Inu’s massive supply also significantly contributes to why a $1 price is unrealistic. While cryptocurrencies like Bitcoin have a capped supply, SHIB’s is exponentially larger, created to appeal to its community.
The sheer number of tokens in circulation is part of what keeps SHIB’s current price so low at $0.000012. It also makes it virtually impossible to reach $1 unless drastic changes are made to supply or token burns skyrocket astronomically.
Community Acknowledges SHIB’s $1 Pipe Dream
Following Jeremie’s declaration that Shiba Inu is unlikely ever to hit $1, many in the crypto community echoed his sentiment, emphasizing just how unrealistic and ambitious this target is. While many concluded that Shiba Inu cannot reach $1, others offered potential solutions they believe could one day turn this far-fetched goal into a reality.
One member highlighted the need to reduce Shiba Inu’s supply. Primarily, this would involve token burns, which permanently remove tokens from circulation. Since its inception, over 410.7 trillion SHIB tokens have been burnt. However, despite this progress, the circulating supply remains overwhelmingly large.
Featured image from Pixabay, chart from TradingView

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