Solana and Cardano are up over 10% in the last 24 hours, and it marks the fresh investor conviction in the crypto market. The tendency to move into major altcoins as Bitcoin has stabilized above $115,000 has prompted capital to flow into major altcoins because traders are seeking greater returns as market volatility decreases.
Even as old assets pick their pace, new activities are also being focused on new ventures like MAGACOIN FINANCE, which is still gaining top altcoin to purchase in its presale period.
Solana Price Rebounds as Accumulation Builds
After bouncing back since reaching lows of around $180, Solana price has been gaining momentum, breaking the $195 mark in the early Monday trading. According to the market data, there is a high concentration in the ranges of 180-185, which indicates consistent buying power.
Analyst CW8900 observed that the significant sell wall of Solana is at $212, and there is no further growth on the upside in the short-term.
Patterns in the trading volumes suggest that the sell-side liquidity is thin over a level of above $212 and could be easily traded as soon as the buy pressure rises. Assuming that Solana breaks above this zone and has a large volume confirmation, analysts see the price discovering the $230-$236 range. To date, $212 is one of the major short-term battlefields of buyers and sellers.
Source: X
Long term estimates are positive. Crypto Patel noted that Solana has already surpassed its own 2021 high of $260 and rose to $295 before recovering in this cycle. He explained that so long as Solana can hold above the level of $175-$185 the overall uptrend would be extended and that the major target would be in the range of $480-$520. The 0.382 Fibonacci retracement zone is still congruent to this mid-cycle base and the structural integrity of the recovery sequence of the asset is stronger.
ETF Speculation Drives Solana Outlook
The second significant trigger point of Solana might be the effect of ETF approval applications to the U.S. Securities and Exchange Commission. The SEC had ruled on Solana ETFs on October 16 with an issuer like Bitwise, 21Shares and Canary capital and the decision has raised eyebrows throughout the market. Analysts are hopeful that the launch of a Solana ETF would raise the capital inflows and continue the rally to new highs.
Nevertheless, the recent U.S. government shutdown has halted regulatory action and the only critical staff at the SEC is in operation. According to Nate Geraci, President of NovaDius Wealth Management, the ETF floodgates will open as soon as the shutdown is lifted, and they expect a lot of institutional inflows at that point. Eric Balchunas of Bloomberg also wrote that the chances of Solana ETF approval are now 100%.
In case of positive ETF approvals, analysts believe that Solana would soar well beyond $300 and could establish the road towards a better cyclical target. Until such a move, the traders are closely monitoring the liquidity levels and the market structure to ensure that the buying momentum is maintained.
Cardano Price Reclaims $0.70 Amid Renewed Market Demand
Another strong recovery has been realized by Cardano, which has recovered by 12 percent to regain its position at the $0.70 level after plummeting to $0.62 in the previous week. According to market data obtained by TapTools, renewed buying interest has been exhibited in the quick V-shaped recovery. ADA targets the following levels of resistance at $0.80 to $0.85 should buyers continue to control the price above $0.68.
Source: X
Trader Sssebi stated that ADA closing at the end of the week at or close to $ 0.80, which is approximately its 50-week moving average, may serve as a major pivot point in longer-term trends. Momentum oscillators are beginning to shift towards an upward direction which indicates that the downside pressure is dissipating.
According to the information provided by Into The Cryptoverse, the short-term bubble risk indicator in ADA has fallen into deep oversolds, which are usually followed by a 20-40% re-price.
Erick Crypto B observed that Cardano is developing a double-bottom formation with resistance at approximately $0.66 that may result in a breakout at $1.30 with confirmation by volume. The setup indicates that Cardano might be undergoing a wider period of recovery following months of consolidation.
MAGACOIN FINANCE Gains Traction Among Early Investors
As the largest cryptocurrencies recover their positions, the attention of investors has shifted to new assets like MAGACOIN FINANCE. The Ethereum-based project has attracted interest due to its transparent presale mechanism and deflationary supply design. With every transaction, there is an automatic burn of 12% of the tokens, which decreases the supply and creates long-term scarcity.
The presale has already raised more than $16 million, which makes MAGACOIN FINANCE one of the most outstanding community-based blockchain projects of 2025. Its total supply has only 60% on presale and the remaining will be used as liquidity, staking, and marketing to maintain balanced distribution.
The safety of the contract on the project has been verified by independent audits, and no serious vulnerabilities of this project were identified. A second audit by Certik is in progress in order to offer more control. Analysts have termed MAGACOIN FINANCE amongst the best presales that have the potential of 50x-75x ROI prospects, as it has registered early traction and transparency has been proven.
Conclusion
With Bitcoin steady above $115,000 and capital flowing back into altcoins, the broader crypto market is showing renewed strength. Solana and Cardano’s double-digit gains suggest improving sentiment, while institutional and retail investors are exploring new opportunities.
For those seeking diversification and early-stage growth potential, MAGACOIN FINANCE stands out as one of the best crypto to buy during this recovery phase.
To learn more about MAGACOIN FINANCE, visit:
Website: https://magacoinfinance.com
Access: https://magacoinfinance.com/access
Twitter/X: https://x.com/magacoinfinance
Telegram: https://t.me/magacoinfinance
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