The Solana price is holding firm above key support at $200, with participants hoping for a potential breakout towards the $250–$300 range.
Yet, it is Layer Brett that is dominating conversations in crypto circles. Just within weeks of its presale launch, the Ethereum-based meme coin has reached $2.8 million, highlighting strong investor confidence. This record-breaking performance is the reason analysts believe it can achieve 100x in the upcoming meme cycle.
Layer Brett smashes presale record, blending fun and function
The traditional meme coin experience is always fun, marked by high volatility, and massive community energy. However, they often lack fundamental utility to sustain momentum when the excitement fades. That’s where Layer Brett steps in to change the script in favour of investors.
The project has emerged as a next-generation Layer 2 crypto, specifically designed to mitigate the pain points of Ethereum Layer 1s. Think of the Pepe Coin, for instance, despite its viral success, operates on Ethereum’s Layer 1, meaning transactions can be slow, and those gas fees are high.
Layer Brett solves these pain points fully, thanks to its Ethereum Layer 2 foundation. The project directly addresses the congestion that users sometimes experience on ETH. Transactions on the network are processed at 10,000 transactions per second for the lowest cost, around $0.0001 per fee.
Investors are beginning to recognise the gap, Layer Brett is filling for Ethereum and meme coins. They are rotating their capital in Layer Brett, driving record presale figures, even before the altcoin bull market materializes. At the moment, millions of tokens have already been sold to more than 5,000 holders.
The ICO launch has raised more than $2.8 million so far, and tokens remain available at $0.0055 each, making it a crypto presale full of promise.
Solana price analysis: SOL faces resistance amid rising hopes
The Solana price ended August with a decent increase from the $194-$195 zone, like Bitcoin and Ethereum. Still, most of its moves were range-bound trading around the $160 and $220 resistance levels. There was a clear move above the 50% Fib retracement level of the downward move from its recent swing high to the $194.
However, the bears seem to be active near the $218 resistance zone as the price reacted to the liquidity cluster around $220. After hitting this zone, there was a decisive push below a connecting bullish trend line with support at $207 on the hourly chart. Now, if SOL fails to hold firm above the 203 resistance level, it could continue to move down towards $180.
Amid its current consolidation, Solana’s futures Open Interest has reached a new all-time high. In an X post, crypto analyst Tom Tucker has revealed that Solana Open Interest (OI) has reached a new all-time high of $13.68 billion. These rising on-chain metrics suggest that traders are placing significant bets on SOL’s upside.
The Alpenglow upgrade, which was recently approved, is a major catalyst for this institutional confidence, but such hopes rarely move the market.
Conclusion
Solana remains one of crypto’s most robust ecosystems, but its price action is leaving traders in false sentiment. Now, traders are moving towards Layer Brett with its presale figures hitting a new mark in just weeks of launch. Investors appreciate Layer Brett’s technological advantage over hype driven projects.
$LBRETT is the opportunity the market has been yearning for, so race up and accumulate positions at the $0.0055 presale price floor.
LBRETT is available now at $0.0055. Don’t miss out on the next 100x—join the Layer Brett presale today.
Website: https://layerbrett.com
Telegram: https://t.me/layerbrett
X: Layer Brett (@LayerBrett) / X
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