Market
SOL Price Struggles Below $200 Amid Increased Scams on Solana

Solana (SOL) price has been struggling below $200, currently down nearly 13% over the past 30 days. Despite strong momentum in previous months, recent indicators suggest a weakening trend, with bearish signals dominating the charts.
The Ichimoku Cloud, ADX, and price action all point to ongoing challenges as SOL fails to reclaim key resistance levels. However, if buying pressure returns and SOL can break above $209, a path toward $219 and even $244 could open up.
Users Discuss Solana Meme Coin Scams and Usage
Solana has been under scrutiny following the launch of LIBRA, a controversial meme coin promoted by Argentina’s president, Javier Milei.
The aftermath of this potential pump-and-dump led many users to question specific Solana applications, such as Meteora and Pumpfun. The community is also concerned about whether the blockchain itself has peaked in terms of adoption and price.
Some users, like the popular artist Gino Borri, argue that Solana apps like Jupiter, Pumpfun, and Meteora extract value from users through scams. This raises concerns about how projects operate within the ecosystem.
“Radio silence from Solana leadership as their community gets scammed multiple times a day in the Mass Extraction Olympics sponsored by Jupiter, Meteora, and PumpFun,” Gino Borri posted on X (formerly Twitter).
Others, like DefilLama contributor 0xngmi, have shared data on the amount of value taken from meme coin trading on the chain.
“Calculated the total extracted from memes on solana. Trading bots & apps: $1.09 billion; pump.fun: $492 million; MEV: $1.5-2 billion; Trump insiders: $0.5-1 billion; AMMs: $0-2bn; Total: $3.6 to $6.6+ billion” 0xngmi wrote.
However, Mert, CEO of Helius, a Solana infrastructure provider, counters that the high number of scams is a byproduct of Solana’s scale rather than an inherent flaw.
He suggests that widespread usage naturally attracts bad actors, similar to what has happened in other major blockchain ecosystems.
“Hopefully, the last I’ll say on this: crypto is full of speculation -> speculation leads to rugs -> Solana scales crypto -> so there are more rugs on Solana. All chains with sufficient activity will have tons of this as crypto gets bigger and regulation matures — and they’ve all had it historically btw (ICOs, NFTs, etc). This is a transient period. The solution is better launch mechanisms, better regulation, and better norms. When you do all of that it, it will get better but it will never go away as long as there are humans on the other side,” Mert Mumtaz wrote on X.
Solana Indicators Are Still Bearish
The Ichimoku Cloud chart for Solana shows a bearish outlook, with price trading below the cloud and key indicators suggesting weak momentum.
The conversion line (blue) is below the baseline (brown), indicating short-term weakness. Additionally, the cloud ahead remains red, suggesting continued bearish sentiment.
For SOL price to regain bullish momentum, it would need to break above the cloud resistance around $198 and sustain a move beyond $200.
If SOL fails to reclaim key levels, the downward pressure could persist.
A shift in trend would require SOL to push above both the conversion and baseline lines, alongside increasing volume to confirm bullish strength. Until then, price action remains under bearish control.

Solana’s Average Directional Index (ADX) is currently at 12.4, down from 22.3 three days ago. ADX measures trend strength, with values above 25 indicating a strong trend and below 20 suggesting a weak or no trend.
The drop in ADX signals that Solana’s current downtrend is losing momentum, but it has not yet reversed.

A low ADX reading like 12.4 suggests that the ongoing downtrend lacks strong directional pressure. While this could mean that selling pressure is weakening, it also indicates that SOL price lacks the strength for a meaningful reversal.
For a bullish shift, ADX would need to rise above 20 while price action shows signs of recovery, such as higher highs and higher lows. Until then, SOL remains vulnerable to further downside or consolidation.
SOL Price Prediction: Will SOL Reclaim $209 Soon?
Solana has been struggling to reclaim levels above $205, consistently dropping below $200 when failing to break that resistance.
If SOL tests the $187 support again and fails to hold, it could extend losses toward $175, signaling further weakness.

On the other hand, if Solana price regains the strong momentum seen in previous months and enters a clear uptrend, it could push toward the $209 resistance.
A breakout above that level would open the door for a rally to $219, and if bullish strength continues, SOL could even revisit $244.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Solana (SOL) Price Risks Dip Below $110 as Bears Gain Control

Solana (SOL) has dropped over 6% in the past seven days and has been trading below $150 since March 6. The current trend shows clear bearish signals across multiple indicators.
From a death cross to a rising ADX and a red Ichimoku Cloud, technicals suggest growing downside pressure. With SOL nearing key support, the next few days could be critical for its price direction.
SOL Ichimoku Cloud Paints A Bearish Picture
The Ichimoku Cloud chart for Solana shows a clear bearish structure, with price action trading below both the Kijun-sen (red line) and Tenkan-sen (blue line).
The Lagging Span (green line) is also positioned below the price candles and the cloud, reinforcing the negative outlook. The Kumo ahead is red and descending, suggesting that resistance remains strong in the near term.

Solana has struggled to break above short-term resistance levels and remains stuck in a downward channel. The thin nature of the current cloud suggests weak support, making the price vulnerable to further downside if bearish momentum continues.
For a reversal, Solana would need to break above the Kijun-sen and push decisively toward the cloud, but for now, the trend remains tilted to the downside.
Solana DMI Shows Sellers Are In Control
Solana’s DMI chart shows a sharp rise in the ADX, now at 40.87—up from 19.74 just three days ago.
The ADX (Average Directional Index) measures the strength of a trend, with values above 25 indicating a strong trend and values above 40 signaling a very strong one.
This surge confirms that the current downtrend in SOL is gaining momentum.

At the same time, the +DI has dropped from 17.32 to 8.82, while the -DI has climbed to 31.09, where it has held steady for the past two days.
This setup suggests that the sellers are firmly in control, and the downtrend is strong and also strengthening.
As long as the -DI remains dominant and ADX stays elevated, SOL is likely to remain under pressure in the short term.
Can Solana Drop Below $110 Soon?
Solana recently formed a death cross, a bearish signal where short-term moving averages cross below long-term ones.
It’s now approaching key support at $120—if that level breaks, Solana price could drop to $112, and possibly below $110 for the first time since February 2024.

If bulls step in and buying pressure returns, SOL could rebound toward resistance at $136.
A breakout above that level may lead to a push toward $147, which acted as strong resistance just five days ago.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Top 3 Made in USA Coins to Watch This Week

Made in USA coins are showing mixed signals as April begins, with XRP, SUI, and Pi Network (PI) standing out. XRP leads in market cap but also posted the biggest drop among the top 10, down 10.6% this week.
SUI is the only major gainer, up 3.8%, showing some strength despite broader weakness. Meanwhile, PI has been the worst performer, plunging over 23% and staying below $1 all week.
XRP
XRP is the largest Made in USA crypto by market cap, but it’s also down 10.6% over the last 7 days—the biggest drop among the top 10. This sharp correction could present an opportunity, especially with Trump’s “Liberation Day” event coming up on April 2.
If XRP builds an uptrend, it could push to test resistance at $2.22. A breakout there may lead to moves toward $2.47 and even $2.59 if momentum grows.

If the downtrend continues, XRP could revisit support at $2.06. A breakdown below that level might drag it further down to $1.90.
With volatility rising and a possible narrative shift on the horizon, XRP could be a key coin to watch this week.
SUI
SUI is the only among major Made in USA cryptos showing gains over the past week, up 3.8%, even though it’s still down 13% over the last 30 days. This resilience sets it apart from the rest of the pack.
In the last 24 hours, trading volume has dropped 15% to $767 million. The coin’s current market cap is $7.43 billion.

SUI’s EMA lines recently formed a death cross, hinting at a possible downtrend. If confirmed, the price could drop to $2.23, with further downside to $2.11 and $1.96.
If SUI manages to reverse the trend, it could climb toward $2.50. A breakout there would open the door to $2.83, nearly 20% higher from current levels.
Pi Network (PI)
Pi Network (PI) is the biggest loser among Made in USA cryptos this week, with its price down over 23% in the last seven days.
It has been trading below $1 throughout the entire week.

If sentiment shifts, PI could rebound toward resistance at $1.05. A breakout there might lead to a push-up to $1.23.
But if bearish pressure continues, PI could fall to test support at $0.718. A drop below that would send it to $0.62—its lowest level since February 21.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
3 Token Unlocks for April: Parcl, deBridge, Scroll

Three major token unlocks involving PRCL, DBR, and SCR are set to take place in April. Parcl will unlock 161.7 million PRCL on April 16, followed by deBridge unlocking 1.11 billion DBR on April 17 and Scroll releasing 40 million SCR on April 22.
These events could significantly impact each token’s supply dynamics and short-term price action. With large allocations set aside for contributors, partners, and airdrops, these unlocks are worth watching closely.
Parcl (PRCL)
Unlock Date: April 16
Number of Tokens to be Unlocked: 161.7 million PRCL (16.2% of Total Supply)
Current Circulating Supply: 270.8 million PRCL
Total supply: 1 Billion PRCL
Parcl is a decentralized exchange that lets users trade real estate price movements without owning property. The ecosystem—made up of Parcl, Parcl Labs, and Parcl Limited—governs the Parcl Protocol, which offers synthetic exposure to real-world real estate markets. It allows users to go long or short on property prices across different regions.
On April 16, 161.7 million PRCL tokens, worth roughly $15.56 million, will be unlocked. This could increase the token supply and lead to short-term market volatility.
The unlock includes 92.4 million tokens for early supporters and advisors, and 69.3 million for core contributors. PRCL price is down 33% in the last 30 days and trading below $0.1 since yesterday.

deBridge (DBR)
Unlock Date: April 17
Number of Tokens to be Unlocked: 1.11 billion DBR (11.1% of Total Supply)
Current Circulating Supply: 1.16 billion
Total supply: 10 Billion DBR
deBridge is a cross-chain protocol that allows users to transfer assets and data between different blockchains. It aims to simplify interoperability and make decentralized applications more connected and efficient.
On April 17, 1.11 billion BDR tokens, worth around $32.19 million, will be unlocked. This unlock will nearly double the current circulating supply, adding roughly 95% more tokens to the market.
The allocation includes 400 million for core contributors, 340 million for strategic partners, and 176.93 million for the ecosystem. The rest goes to the community, foundation, and validators. Despite the upcoming unlock, deBridge has gained nearly 38% in the past month, with its market cap now nearing $34 million.

Unlock Date: April 22
Number of Tokens to be Unlocked: 40 million SCR (4% of Total Supply)
Current Circulating Supply: 190 million
Total supply: 1 Billion SCR
Scroll is a Layer 2 solution built to improve Ethereum’s scalability and efficiency. It uses zkRollup technology to lower transaction costs and increase throughput, helping ease issues like high gas fees and congestion.
On April 22, 40 million SCR tokens, valued at about $11.52 million, will be unlocked. This unlock could introduce added liquidity to the market and maybe renewed interest in Scroll. Its price is down roughly 46% in the last 30 days, with its market cap at $55 million, down from its peak of $265 in October 2024.
All 40 million tokens are allocated for airdrops.

Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
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