Solana’s recent price slide has caught the attention of the market, with the token falling 11.5% in just one week to trade at $197. As selling pressure builds and key indicators point to weakening momentum, traders are starting to reassess their short-term positions in one of crypto’s leading Layer 1s.
At the same time, early-stage project Digitap ($TAP) is moving in the opposite direction. Following the launch of its live app and Visa crypto card, $TAP has surged over 30% in two days during its presale. The contrast in momentum is raising a clear question: Is Digitap the smarter play right now?
SOL Slide As Digitap Shines With Real Utility
Solana has had a rough week, falling 11.5% to around $197. After briefly touching $223, sellers stepped in hard, pulling the price back below the short-term trend line.
Looking at the chart, there are now two clear short-term regression channels. The first was formed in early 2024. The second one seems to have followed the same pattern — a sharp drop, a partial bounce, and then another leg down. Drop looks like it’s just starting to play out, which makes the current price zone feel shaky.
The Relative Strength Index (RSI) is sitting at 52.18, right in the middle — not overbought, not oversold. But that neutral reading isn’t reassuring in this context. Momentum is fading, and buyers don’t seem to be stepping in yet.
For now, Solana looks stalled. Without a clear catalyst, it’s drifting—while newer plays like Digitap show early signs of momentum.
Digitap Pushes Higher With Real Product and Growing Demand
While Solana pulls back, Digitap is pushing forward. The token has increased over 30% in just two days, rising from $0.0159 to $0.0194 in its second presale stage.
The key difference? Digitap just launched something real. The Digitap app is now live on both the Apple App Store and Google Play. It’s not just a wallet — users can create a Visa card, spend crypto instantly, and manage their balance without KYC.
This is the kind of product delivery that most presales never reach. And it’s happening before $TAP even hits public exchanges.
The timing couldn’t be better. Traders looking for the best cheap crypto to buy now are watching utility closely — and Digitap is one of the few presales with a working solution in the market.
Presale Update: Digitap Adds Buyers as Price Nears Next Jump
Interest in $TAP is accelerating. Just two days ago, the token was priced at $0.0159, with 57 million sold. Now, it’s up to $0.0194 with over 59.76 million tokens sold and more than $760,000 raised.
Only 41% of this round remains. Once it sells out, the price will move up to $0.0268. This creates urgency — and that’s visible in the sharp uptick in buyers since the app launch.
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In contrast, Solana has no such momentum. Its price is declining, and there’s no major update drawing in fresh capital right now.
Solana vs Digitap: Which Looks Stronger Right Now?
Here’s how the two projects stack up right now:
Price Action:
- Solana is down 11.5% on the week, signaling bearish pressure.
- Digitap is up over 30% in the same time frame during its presale phase.
Product Status:
- Solana continues to focus on infrastructure, but offers no new consumer tools.
- Digitap has launched a full crypto banking app with working Visa card support.
Market Positioning:
- Solana is a leading L1 with a high market cap but short-term uncertainty.
- Digitap is an early-stage project delivering utility ahead of listings.
User Growth:
- Solana’s community remains strong, but price sentiment is weakening.
- Digitap is onboarding real users through its app and payment tools.
Digitap doesn’t aim to compete with Solana’s scale. But in terms of momentum, it’s clearly gaining ground — especially among retail investors looking for undervalued, utility-backed plays in the next market cycle.
Digitap Has the Edge in Today’s Market
Solana’s long-term potential is still there. But short-term, the project looks range-bound. With no major news, traders are looking elsewhere for movement. Digitap, on the other hand, is delivering updates, pulling in new users, and gaining investor interest — all during its presale.
For investors holding large-cap tokens like Solana and wanting exposure to smaller, utility-driven altcoins, $TAP is worth watching closely.
Discover how Digitap is unifying cash and crypto by checking out their project here:
Presale: https://presale.digitap.app
Website: https://digitap.app
Social: https://linktr.ee/digitap.app
The post While Solana ($SOL) Dumps 11.5% to $197, Digitap ($TAP) Momentum Accelerates on Visa Card News appeared first on Blockonomi.