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shit coin never gonna comeback it's going to 0.00004

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Solana (SOL) — Latest August 2025 Updates Price Action & Market Sentiment Solana is holding strongly above $200, with bullish momentum evident in its technical indicators: RSI at 60.64, recent MACD crossover, and a golden cross formation between long-term moving averages. After initial volatility on ETF news, SOL quickly recovered to the $195 zone and remains in a bullish trend—even with broader regulatory uncertainty. Analysts are closely watching the $205 resistance level; a sustained move above this could see targets of $215 and higher. On the downside, strong support sits at $185, where recent short liquidations ($30M+) have boosted upward momentum and investor confidence. For August 2025, price predictions generally range between $190 and $220 in the neutral-to-bullish scenario, with big upside potential if market sentiment strengthens further. ETF & Institutional Adoption The SEC has delayed its decision on Solana spot ETF applications to October 16, 2025, with no more extensions possible. This means the coming months could be crucial for SOL as ETF approval would likely drive a substantial rally. Existing Solana-linked products, such as the REX Shares Solana Staking ETF, have already attracted $150M+ in assets under management—demonstrating significant institutional demand ahead of a potential spot ETF. DeFi & NFT Ecosystem Growth Total Value Locked (TVL) in Solana DeFi is now $9.62B, signaling deep market confidence and massive economic activity. Leading protocols like Kamino, Jito, Marinade, and Jupiter are driving innovation and user adoption. These platforms process billions in daily volume with over 2.61 million active addresses interacting with Solana. Solana’s low fees and fast transaction speeds continue to make it a prime destination for new NFT collections and decentralized exchanges (DEXs). Daily transaction fees are $1.33M, further fueling steady demand for SOL. Long-Term Outlook Price Targets: Some analysts foresee SOL reaching as high as $500 by year-end 2025 $SOL

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Crypto Market Overview Bitcoin (BTC) is trading at around $118,000, up 0.37% in the last 24 hours. Its dominance sits at roughly 59% of the crypto market, with a market cap of $2.35 trillion. Ethereum (ETH) is priced near $4,473, gaining 1.12% today. It’s drawing attention for an accelerating supply crunch, with coins leaving exchanges rapidly—potentially causing a future price breakout. XRP slipped 7.5% this week, dropping from $3.35 to $3.09. Traders blame mixed market sentiment and renewed focus on regulatory risks. Trending Coins & Projects MAGACOIN Finance has become a leading altcoin presale, surpassing investor demand for XRP and Solana. Analysts are watching this project as a potential standout for 2025. Solana (SOL) dipped from $200 to $190, though it remains highly active in NFT and DeFi markets. SEI crypto is emerging as a possible disruptor, with analysts speculating it could outperform Bitcoin and Ethereum in the next bull run. Major Fundraising Events Story Protocol raised $82 million, dominating August’s top crypto fundraising events and attracting institutional interest for infrastructure/gaming. Other notable fundraising: 1Kosmos ($57M), Sui ($20M), Shrapnel ($19.5M), Transak ($16M). Industry Developments Circle, a major stablecoin issuer, reported a 53% YoY revenue increase, unveiled its new “Arc” blockchain for stablecoin payments and FX, and currently has $65.6 billion USDC tokens in circulation. Circle’s IPO earlier this year brought fresh attention to stablecoin/blockchain business models. The overall crypto market cap is hovering near $3.98 trillion—a minor decrease from the previous day’s $3.99 trillion. Investor Sentiment & Forecasts The altcoin market cap against BTC signals strong upside potential, reaching noteworthy technical levels. Trading volumes have seen a slight decline of -0.27% in the last 24 hours, suggesting cautious moves by traders. $BTC

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