Whales’ attempt to maintain a bullish momentum in the crypto market has been met with strong bearish oppositions plunging Solana (SOL) closer to its seven-day low. With Solana struggling to regain previous price momentum that drove the token to its all-time high of $294 in January, investors are looking forward to the launch of 1Fuel token on Binance. Analysts say 1Fuel (OFT) will yield as much as 100x for early investors. Let’s see why!
Solana on-chain data shows declining whale activity
Solana is currently trading at $192, down 35% from its January ATH. Recent market activity shows Binance Coin (BNB) briefly surpassing Solana earlier this week. On-chain data from CryptoQuant shows SOL is in the oversold region following massive sell-offs indicating a strong bearish market. Solana has a relative strength index (RSI) of 25 signaling a possible trend reversal opportunity coming up. With on-chain transaction volumes down by 30% in the last week, the memecoin frenzy sponsored by TRUMP’s launch on Jan 19, may have come to an end. Decline in trading activities on Solana-based memecoins leading to lesser fees procurements is also weighing on Solana’s price. However, the US Securities & Exchange Commission (SEC)Commission (SEC) is set to consider approving SOL ETF, which could be a major catalyst to boost institutional demand for Solana and increase its value.
Solana Whales Troop into 1Fuel Presale as big launch on Binance awaits
Defilma data shows decline in Solana’s on-chain transaction volume in the last seven days. Meanwhile, 1Fuel is experiencing a surge in investors diving into its presale to secure tokens of the new exchange. 1Fuel is an innovative blockchain wallet and exchange offering users a dual platform to store tokens and trade them. While current blockchain wallets cannot guarantee user safety against third-party interactions, 1Fuel incorporates standard privacy features that provides a hack-proof experience.
Additionally, 1Fuel offers a cold wallet storage solution for users that prefer to keep their tokens offline. The P2P exchange on Fuel serves as a decentralized means for crypto traders and investors to swap their tokens to fiat without dealing with any intermediaries. 1Fuel wallet will feature its native token OFT which will serve as the main token for all transactions.
The unique edge with 1Fuel is the ability of users to conduct cross-chain transactions in a single click. This technology is aimed at reducing the complexities of blockchain transactions for newbies and crypto pros. With its swift transactions, less gas fees, and wallet features, analysts predict 1Fuel will see a possible 100x upon launch on major exchanges. Right now presale investors are looking forward to 1Fuel’s listing on Binance, one of the largest crypto exchanges in the market. Presale investors get 20% automatic bonus on their purchase with 40 million tokens allocated for stakers.
Conclusion
1Fuel is one of the most promising projects in 2025 and one investors should watch out for. With Binance listing and other prominent exchange listings coming up, now’s the time to secure your share of 1Fuel tokens for a 100x profit!
To Find Out More About The 1Fuel Presale Use The Links Below:
Website: https://1fuel.io/
Telegram: https://t.me/Portal_1Fuel
Twitter / X – https://x.com/1Fuel_
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2025/02/what-have-solana-whales-seen-in-1fuels-new-exchange-is-this-a-100x-opportunity-about-to-hit-binance