• The Solana price has jumped by 22% today, showing strong growth.
• SOL’s price rally is buoyed by 1inch’s integration and the Solana memecoins buzz.
• If Solana crosses above the resistance at $180, analysts expect it to rise above $200.

The Solana price has surged impressively, climbing 22% over the past week to $175.41, driven by robust technical setups and growing ecosystem adoption.

Institutional inflows, decentralised finance (DeFi) dominance, and recent integrations like 1inch have fueled this momentum, positioning Solana as a leading Layer 1 blockchain.

Solana price analysis

From a technical analysis standpoint, Solana’s price has exhibited remarkable resilience, maintaining a six-month bullish trend despite broader altcoin weakness.

Trading at $175.41, SOL has gained 40.8% over the past 30 days, supported by a $91.13 billion market cap and $5.28 billion in 24-hour trading volume.

A bullish pennant breakout on the daily chart, as noted by analyst MartyParty, signals strong upward momentum, with growing volume and higher lows reflecting sustained buyer interest.

As the token soars, the $175–$180 range remains pivotal, with SOL testing this resistance after a 24-hour range of $170.01–$179.19.

In addition, the liquidation clusters in the $172–$174 zone, highlighted by Jesse Peralta, suggest potential volatility as high-leverage positions unwind.

Furthermore, global liquidity trends, correlated with SOL’s price per CryptoCurb’s analysis, provide macro tailwinds, amplifying the impact of Solana’s 25% April rally.

$SOL / #SOLANA

Solana follows Global Liquidity. pic.twitter.com/tkyi8n23XV

— curb.sol (@CryptoCurb) May 9, 2025

Away from Solana’s token price, on-chain metrics, including over 3,000 transactions per second and $364 billion in January volume, underscore Solana’s scalability and adoption, as detailed in 21Shares’ State of Crypto report.

Will the SOL price rise to $200?

Several compelling factors suggest that Solana’s price could indeed climb to $200, beginning with its recent integration into the 1inch decentralised finance platform, a move that enhances its ecosystem’s interoperability.

This 1inch integration allows for seamless cross-chain DeFi swaps, leveraging Solana’s high-speed and low-cost transactions to potentially draw more users and liquidity into the network.

Additionally, the Solana blockchain has experienced a dramatic surge in memecoin activity, with tokens like Dogwifhat (WIF) and Bonk (BONK) skyrocketing in popularity, boosting transaction volumes and reinforcing the network’s relevance.

The memecoin craze has not only heightened network usage but also attracted a fresh influx of retail investors, amplifying SOL’s visibility and demand across the crypto market.

Beyond this, Solana’s ecosystem continues to expand at a rapid pace, with integrations from industry giants like Visa, Shopify, and PayPal, alongside innovations such as Solana Blinks and the Saga smartphone, cementing its role as a leader in next-generation finance.

Institutional interest is another tailwind, with Solana recording $80 million in year-to-date inflows, outpacing rivals like SUI, and growing speculation around a potential Solana ETF adding further fuel to the bullish case.

The prospect of a Solana ETF, with applications from firms like Grayscale and VanEck under consideration, could serve as a major price catalyst, potentially pushing SOL well beyond $200 if approved.

However, challenges remain, as SOL faces technical resistance at the $180 level, and high-leverage liquidations between $172 and $174 could introduce short-term volatility that might temporarily hinder its ascent.

1inch Investment Fund, a fund closely tied with the crypto exchange aggregating platform, 1inch, has sold 4,685 stETH for 8.54 million USDC at $1,823, according to Scopescan, an analytics platform, on October 24. By selling at spot rates, the fund has netted $1.28 million in profits since the stETH was bought at an average price of $1,550 less than a week ago.

1inch Investment Fund Sells stETH

StETH, or staked Ethereum (ETH), is an ERC-20 token representing staked ETH on the Lido Finance protocol. The platform allows anyone to stake their coins and earn rewards without necessarily locking their coins for an extended period. 

As of October 24, Lido Finance is the most popular decentralized finance (DeFi) application looking at total value locked (TVL). DeFiLlama data shows that the protocol manages over $15.7 billion of assets, of which over 95% are ETH. 

Technically, any ETH holder wishing to stake and earn network rewards stake on Lido Finance receives stETH in return, representing the stake amount. The higher the staked amount, the more stETH the protocol issued. This stETH can be traded, transferred, or used to secure loans while concurrently earning network rewards. 

Selling stETH means 1inch Investment Fund automatically unstaked the same amount on Lido Finance and sold the underlying coins. Even so, transferring the underlying ETH can take several days when there might be changes to spot prices.

Curiously, the decision is when the crypto market seems to recover, and Ethereum is roaring back to life towards the $2,000 level. Considering that the fund is private and doesn’t divulge its strategy to the public, it couldn’t be immediately determined why it sells stETH when market confidence is high. 

Will Ethereum Prices Break $2,000?

Looking at price charts, Ethereum prices are up roughly 17% from H2 2023 lows, rallying at spot rates. The October 23 and 24 expansion has seen the coin break higher, registering new October highs. Even so, despite the overall confidence, the failure of bulls to complete reverse losses of August 17 should be a concern.

Ideally, a comprehensive surge above $1,800 and $2,000 could anchor a leg up toward $2,100 in the coming sessions. When the fund sold stETH at $1,823, price data showed it exited at around today’s peak. There is an inverted hammer in the ETHUSDT daily chart, an indicator that prices are inching lower on increasing selling pressure.

Feature image from Canva, chart from TradingView

On August 28, a crypto wallet associated with 1inch Investment Fund, “0x225d3822de44e58ee935440e0c0b829c4232086e”, bought 6,088 Ether (ETH) at $1,655 spending $10 million on the trade, data from Lookonchain, a blockchain analysis platform, shows.

The fund is linked with 1inch Network, the decentralized exchange (DEX) aggregating protocol that is also one of the largest platforms by total value locked (TVL).

Big Players Buying ETH But Prices Under Pressure

1inch Investment fund has not laid down the reason behind their decision to buy Ethereum when prices generally appear depressed following losses roughly ten days ago. On August 17, ETH, like Bitcoin and the broader crypto market, dropped.

ETH lost roughly 15%, pulling back from around $1,800, and is yet to retest those levels at spot rates. 

ETH candlestick arrangement on August 28 shows that the coin remains in a tight consolidation, moving horizontally and confined inside the August 17 bear candlestick. Prices are relatively stable, with lighter trading volumes, but in a bearish formation.

Ethereum is also changing hands at around $1,650 when writing, marginally lower than the spot price at which the fund scooped the coin earlier today.

1inch Investment fund move, while overly optimistic for ETH, is yet to spark demand and lift the coin from the current consolidation. The coin is lower, and the path of least resistance remains southwards.

Overall, the conspicuous bear bar could shape the medium-term formation unless there is a shift in demand, lifting Ethereum above $1,900.

1inch Investment Actively Trades Ethereum

Earlier, Lookonchain flagged several transactions associated with the fund. For instance, the tracker shows that the 1inch Investment cumulatively bought 17,000 ETH worth $26.8 million on different dates in Q1 2023. 

The average price, at that time, stood at $1,569. They liquidated 11,000 ETH at $1,906 for $21 million, realizing roughly $3.7 million in profit. 1inch Investment Fund now has 9,453 ETH valued at $15.61 million at spot rates.

Besides accumulating ETH, 1inch Investment Fund holds over 23 other tokens, according to Etherscan. One of their largest holdings, as of August 28, is USDT worth over $31.75 million. USDT is the world’s most liquid stablecoin.

They also have a significant holding of Uniswap’s governance token, UNI, worth over $1.85 million, and only a minuscule amount of USDC, worth $52. Similar data from Debank shows that the fund owns $80.3 million of digital assets.

Feature image from Canva, chart from TradingView

• 1inch Network has announced the release of its Fusion upgrade.

• The upgrade is set to empower DeFi users to place orders with a specified price and time range.

• 1INCH is up by less than 1% today but could rally higher soon.

1inch Network’s Fusion upgrade is now live

The 1inch Network team announced earlier today that its Fusion upgrade had been released. Fusion is a major upgrade centered around the 1inch Swap Engine and is set to empower DeFi users to place orders with a specified price and time range.

1/ Remember we teased some major release about a week ago?

This upgrade is gonna turn the #DeFi game upside down.

Meet #FusionMode, which enables users to place orders without paying network fees!

Read more: https://t.co/bniaJKEWnp#1inch #crypto

— 1inch Network (@1inch) December 25, 2022

This latest cryptocurrency news has seen 1INCH outperform the broader cryptocurrency market so far today. At press time, the price of 1INCH stands at $0.4016 per coin, up by less than 1% in the last 24 hours.

The broader cryptocurrency market is underperforming so far today. At press time, the total cryptocurrency market cap stands at $810 billion, down by less than 1% so far today.

Bitcoin is also up by less than 1% in the last 24 hours but continues to struggle to move past the $17k resistance level.

Key levels to watch

The 1INCH/USD 4-hour char is bearish as the coin has been underperforming in recent days. The technical indicators show that 1INCH could be ready for a breakout soon.

The MACD line remains below the neutral zone but continues to move higher. If the bulls gain control soon, the line could cross into the positive region.

The 14-day relative strength index of 32 means that 1INCH is no longer in the oversold region. However, it would need to rally higher before it can enter the overbought zone.

If the bulls pick up pace, 1INCH could surge past the first major resistance level at $0.49 before the end of the day. However, the second major resistance level at $0.63 would be hard for 1INCH to breach in the near term. 

Where to buy 1inch Network now

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

Buy 1INCH with eToro today

Disclaimer

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.

Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy 1INCH with Binance today

Many crypto enthusiasts have gained massive profits for buying into cryptocurrencies like Shiba Inu (SHIB) and 1inch Network (1INCH) at an early stage. This was before they exploded. However, it takes good research to find such gems at their early stages, for instance, the new crypto Runfy (RUNF) token.

Runfy (RUNF) is already attracting massive attention with its ongoing pre-sale. It also builds up optimism as more people anticipate the potential next big thing in the crypto space. But how many rewards can it offer?

This article will explore the developing Runfy (RUNF) ecosystem. It will also briefly discuss Shiba Inu (SHIB) and 1inch Network (1INCH) to see what chances Runfy (RUNF) has to provide more rewards.

Second-Largest Meme Coin: Shiba Inu

Shiba Inu (SHIB) is a popular meme coin developed on the Ethereum Blockchain. The Shiba Inu ecosystem created the coin as a decentralized cryptocurrency that fosters community.

Shiba Inu (SHIB) was introduced as Dogecoin’s (DOGE) competitor. It is touted as the “doge-killer” and is interestingly replacing the original meme coin in various areas. Shiba Inu (SHIB) is also becoming a preferred option for some cryptocurrency investors.

The project is venturing into decentralized finance (DeFi) and introducing additional utilities, such as a crypto exchange and a Metaverse. These utilities will allow token holders to do more with their tokens and help push the token’s value.

Early investors cashed out massively from the coin. However, with Shiba Inu’s (SHIB) new utilities, there’s still room for growth.

1inch Network’s DeFi Protocol

1Inch Network (1INCH) is a decentralized exchange (DEX) aggregator created to sift through a number of DEXs to find the most lucrative platforms for liquidity providers. The network grants users access to 116 sources on the Polygon Network, Binance Smart Chain (BSC), and Ethereum blockchain.

1inch Network (1INCH) uses various algorithms to carry out its task. The liquidity offered across several marketplaces on three blockchain networks is unquestionably one of its greatest advantages. Investors who participate in its liquidity mining programs also can gain rewards.

Early 1INCH investors profited greatly. However, its price has presently fallen along with that of the rest of the cryptocurrency market.

There have recently been indications of a market recovery. Technical indications suggest that if the rest of the market bounces off of its lower resistance levels, 1INCH could likely return to its all-time high price of about $7 and possibly even break the $10 threshold.

Developing Fitness Project: Runfy

Runfy (RUNF) is a new blockchain project that aims to help people stay fit while earning cryptocurrency. The project intends to revolutionize the health and fitness industry by developing an app that allows users to track their fitness goals and determine how best to reach them.

Runfy (RUNF) will have two universes, the RunfTR Metaverse and RunfShop, for fitness products. The RunfTR Metaverse is where users and trainers will interact to access diet and exercise routines.

Users can earn tokens by completing daily, weekly, and monthly challenges. It will employ its native RUNF token for rewards and transactions with the ecosystem.

Other platform utilities for the RUNF token will include staking and yield farming. It will begin immediately after the project’s launch.

Shiba Inu (SHIB) and 1inch Network (1INCH) have rewarded investors who believed in their potential with massive gains, despite market volatility. While it’s hard to tell if Runfy (RUNF) can outperform them, the project has an excellent chance to dominate and increase blockchain adoption with its fitness app.

Runfy’s (RUNF) pre-sale is live now and could be your best bet at bagging the next big cryptocurrency. Check out the links below to get started.

Presale: https://presale.runfytoken.io/

Website: http://runfytoken.io/

Telegram: https://t.me/RunfyTokenOfficial

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

1INCH has surpassed Tether’s USDT and Shiba Inu (SHIB) in the ranks of the cryptocurrencies being held by the top 100 Ethereum wallets due to increased demand by whales. 

1INCH holders received positive news on Sept. 6 when the 1inch Network announced that a total of 300,000 Optimism (OP) tokens would be distributed among its users in a move to incentive their activity on the Optimism Network. 

This week the token flipped USDT, the largest stablecoin by market capitalization, and SHIB, the second-largest meme-inspired digital asset in terms of top-10 Ethereum wallet holdings on Sept. 11. 

The average quantity of 1INCH held was 15,877, corresponding to $6.6 million in the average amount held. The average quantity of USDT held was slightly above $6 million while SHIB was around $1.5 million. 

Aside from USDT and SHIB, the token has also surpassed Lido Staked ETH (stETH), Locus Chain (LOCUS), Wrapped Bitcoin (WBTC), BitDAO (BIT), and Dai (DAI). However, it still trails Circle’s USDC and Ethereum (ETH) – the dominant asset on the Ethereum blockchain. 

1INCH is now the third most held token by the top 100 Ethereum wallets 

Overall, the total amount of 1INCH held by the top 100 Ethereum wallets was approximately $668 million and this was represented by 17.92%. The total worth of USDT and SHIB held were around $605 million and $155 respectively. 

Limit Order Protocol tests five-month low

The 1inch Limit Order Protocol is among the decentralized exchanges (DEXs) with the most trading volume. After seeing around $972 million in volume in January, the protocol reached a peak of $1 billion in June. Throughout August, trading volume dropped to $672 million, which was lower than competing DEXs such as DODO, SushiSwap, Curve Finance, Synthetix, Ox Native, Uniswap, and Balancer.

1INCH has shed more than 70% of its price in 2022

Throughout 2022 1INCH has seen a high of $2.65 on Jan. 3 and a low of $0.52 on June 18. The token opened on Jan. 1, 2022, at a trading price of $2.40, and was exchanging hands for $0.65 at the time of press.

Overall, 1INCH has lost 70% of its market capitalization in 2022. 

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.