Solv Protocol (SOLV) is the token of a decentralized platform for managing liquidity and financial assets in the DeFi ecosystem, using the ERC-3525 standard (Semi-Fungible Token) on the Ethereum blockchain. The platform focuses on Bitcoin financing (BTCFi), offering solutions for BTC staking, asset tokenization, and liquidity management through Solv Bonds and a vesting platform. SOLV is used for paying fees, staking, and protocol governance.
- Price (June 14, 2025): ~$0.0457 (according to CoinMarketCap).
- Market capitalization: ~$67.75 million.
- Trading volume (24h): ~$59.73 million, up 318% in a day.
- News:
- Integration with Binance Earn for staking BTC with a yield of up to 2.5% in SOLV (June 13, 2025).
- Campaign with Rootstock and Pell Network, distributing $300K in SOLV for liquidity (until June 14).
- Partnerships with Bitlayer and MEXC for scaling BTCFi.
- Launch of SolvBTC and Staking Abstraction Layer (SAL) to unlock BTC liquidity.
Technical analysis
- Current situation: The price of SOLV has fallen by 79.93% from ATH ($0.2277 in January 2025) and is trading at $0.0457. A symmetrical triangle is visible on the daily chart, with support at $0.0408–$0.0417. Bullish divergence on RSI indicates a possible reversal.
- Key levels:
- Support: $0.0408 (historical low), then $0.02177 (April 2025).
- Resistance: $0.0476, then $0.0599.
- Indicators:
- RSI (14-day): ~49.60, neutral zone, with bullish momentum.
- MACD: Approaching a bullish crossover.
- SMA: The price is below the 50-day SMA ($0.031082) but above the 200-day ($0.040), indicating a medium-term bullish trend.
- Volumes: Increased to $59.73 million after integration with Binance, signaling heightened activity.
- Chart: The price is testing $0.0457 in the triangle. A breakout at $0.0476 could raise the price to $0.0599. See on TradingView (SOLV/USDT) or CoinMarketCap.
Fundamental factors
- Positive:
- Leadership in BTCFi with unique solutions (SolvBTC, SAL, Solv Bonds) and TVL $1 trillion.
- Partnerships with Binance, Bitlayer, and MEXC enhance trust.
- Solv Guard ensures security, attracting institutions.
- Risks:
- Full token unlock (TGE in September 2024) creates selling pressure.
- Competition with other DeFi protocols (Aave, Compound).
- High volatility due to recent listing.
Recommendations
- For traders: Buy when holding $0.0457 (target $0.0476–$0.0599, stop-loss $0.0408). Sell on a break below $0.0408 (target $0.02177).
- For investors: Growth potential is linked to BTCFi and partnerships, but consider the risks of unlocks. Watch for news on TVL and integrations.
- Monitoring: Follow X (@SolvProtocol) and charts on TradingView.