SOLANA PRICE STABILIZES AT $195 WITH WHALES EYEING DIGITAP’S TIER-1 LAUNCH

Solana faces resistance around $195 as major investors turn their attention to Digitap, a rapidly growing fintech crypto presale attracting strong market interest.

Solana Struggles Below $200 as Whales Shift to Promising Digital Presale

In recent weeks, Solana’s price action has become choppy as market sentiment has grown cautious. After dipping to $177, SOL has been trading sideways below the key $200 psychological level, facing persistent bearish pressure around $195.

Meanwhile, large investors—or whales—appear to be reducing their Solana holdings and redirecting funds into the Digitap (TAP) presale. Seasoned crypto whales often seek emerging tokens with strong growth potential when broader markets slow down, and Digitap seems to fit that profile.

The TAP presale is rapidly gaining traction, having already surpassed $1.2 million in its second round. Investors are rushing to participate ahead of the project’s tier-1 exchange listing, where prices are expected to surge.

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Solana Price Weakens Near $195 Despite ETF Launch

Despite the launch of the Bitwise Solana Staking ETF (BSOL)—the first spot exchange-traded product for Solana in the U.S.—the token’s price continues to move sideways. After the sharp October 10 crash, SOL entered a triangular consolidation pattern, and its trading range has tightened further in recent sessions.

At the time of writing, Solana is hovering just above the lower trendline of this triangle. The token has slipped 6.58% in the past 24 hours, now trading around $186.52, suggesting that bullish momentum is fading as traders await a breakout direction.

Momentum indicators suggest a neutral stance for Solana at the moment. The Relative Strength Index (RSI) is hovering around 42, showing that the market is stabilizing after its recent correction, while the MACD continues to move sideways, reflecting a lack of clear direction.

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If Solana slips below the immediate trendline, it could trigger renewed selling pressure, pushing the price toward the $160–$145 support zone. Conversely, a strong breakout above the current triangular consolidation could ignite fresh buying momentum and potentially drive the price up to around $235.

Digitap Aims for Explosive Growth in the Global Payments Market

Digitap is positioning itself as a game-changer in the financial world—a crypto-fiat omni-bank that bridges DeFi’s speed and freedom with TradFi’s accessibility and trust. The platform allows users to conduct seamless transactions between cryptocurrencies and fiat currencies through a single, secure interface.

What truly sets Digitap apart is its focus on tapping into the rapidly expanding global payments market. According to Worldpay’s 10th Global Payments Report, digital payment spending has soared from $1.7 trillion in 2014 to $18.7 trillion in 2024, with projections to surpass $33.5 trillion by 2030—reflecting a robust 10% annual growth rate.

The report also highlights that cryptocurrency is set to play a defining role in shaping the future of global payments, with global crypto spending expected to rise from $16 billion in 2024 to $38 billion by 2030.

Through its live presale, Digitap invites investors and users to participate early and grow alongside the project as it aims to capture a share of this massive, fast-growing market.

FAQs

1. Why is Solana facing resistance around $195?

Solana is struggling near $195 due to cautious market sentiment and bearish pressure, while major investors are shifting their focus to the Digitap presale instead of accumulating SOL.

2. What is causing whales to invest in the Digitap (TAP) presale?

Crypto whales are attracted to Digitap because it’s an emerging fintech crypto project with strong growth potential, and its presale has already raised over $1.2 million ahead of a tier-1 exchange listing.

3. How has Solana’s price been performing despite the launch of the Bitwise Solana Staking ETF (BSOL)?

Even after the BSOL launch, Solana’s price remains range-bound below $200, showing a sideways and weakening trend with limited bullish momentum.

4. What do Solana’s technical indicators reveal about its market outlook?

The RSI is around 42, and the sideways MACD movement suggests a neutral trend. A drop below the trendline could push SOL toward $160–$145, while a breakout might lift it to $235.

5. How is Digitap positioning itself in the global payments market?

Digitap aims to bridge DeFi and traditional finance by offering seamless crypto-fiat transactions, tapping into a payments market expected to exceed $33.5 trillion by 2030.