The technical indicators reveal that the Solana price could go as low as $160 because of the recent drop in trading volume (down 25% in the last 24hrs), as analysts point to BONK’s 30% monthly decline as a key pressure point. While SOL struggles with reduced network activity, traders are shifting focus to alternative opportunities—like DTX Exchange’s public presale, which has already raised $13.8 million.
This hybrid trading platform could potentially become a top crypto investment for 2025, combining blockchain efficiency with seamless access to traditional markets. With the presale nearing its close, experts highlight its $0.16 token as a rare opportunity before exchange listings.
Solana Price Drops Below $200 As Market Shows Signs of Weakness
SOL has fallen below $200 this week, trading near $195 after losing 2% in 24 hours. This marks a 19% decline over the past month for the Solana price, reflecting broader market uncertainty.
Analysts note that SOL struggled to hold key support levels, with technical charts signaling a potential drop toward $160 if selling pressure persists. While some traders see this as a buying opportunity, others remain cautious, pointing to reduced on-chain activity and exchange outflows exceeding $100 million.
Source: Solana Price, CoinMarketCap
Recent data shows Solana’s losses at 4%, but monthly performance remains good. The Relative Strength Index (RSI) hovers near 44, indicating SOL is oversold but not yet in recovery mode. Market forecasts suggest the Solana price could average $213 in February 2025, with a maximum target of $216—a 9% upside from current levels.
Why this matters for SOL holders:
- Declining network activity: Solana’s 24-hour trading volume dropped 25% to $3 billion, reducing investor participation.
- Support around $175-$185: If the Solana price fails to hold this zone, the bearish trend could deepen, while a strong bounce might indicate a potential recovery.
- Competition intensifies: Platforms offering hybrid trading models and multi-asset support, like DTX Exchange, are gaining traction as the Solana price struggles.
BONK Token Faces Selling Pressure After Recent Bull Run
BONK’s price has plunged 30% over the past month, now trading at $0.000017 in the middle of heavy selling activity. The meme coin lost 45% of its value in two weeks, with technical indicators like the MACD histogram deepening into negative territory.
Despite a recent 2.025 trillion token burn aimed at boosting scarcity, BONK faces resistance at $0.00001850, needing a 30% rally to reclaim this level. Analysts believe the token’s ties to Solana’s ecosystem amplify its volatility—SOL’s downturn has directly impacted BONK’s performance.
Source: BONK Price, CoinMarketCap
While AI models predict a potential 104% surge for BONK to $0.00003795 by late February, the RSI at 32 suggests the token remains oversold. Derivatives data shows mixed sentiment, with open interest rising 5% despite falling prices. Traders consider BONK’s fate closely tied to Solana’s recovery—if SOL stabilizes above $200, BONK could rebound. However, projects like DTX Exchange offer more stable growth prospects, drawing attention away from high-risk meme coins.
Key factors influencing BONK:
- Token burn impact: Reducing supply could lift prices, but sustained demand is uncertain.
- Solana’s trajectory: BONK’s reliance on SOL’s network activity makes it vulnerable to further declines.
- Market sentiment shift: Traders increasingly favor utility-driven platforms over meme coins, favoring assets like DTX.
DTX Exchange Gains Momentum As SOL Traders Seek Growth
While Solana and BONK face headwinds, DTX Exchange has raised $13.8 million in its ongoing presale, with tokens priced at $0.16. The platform’s hybrid model—decentralized security and centralized liquidity—allows access to 120,000+ assets, including cryptocurrencies, stocks, and commodities. Analysts predict DTX could increase 25% to $0.20 upon exchange listings, citing its VulcanX blockchain’s 200,000 TPS capacity and institutional-grade infrastructure.
Unlike SOL, which relies heavily on retail speculation, DTX Exchange targets both retail and institutional traders. Its non-custodial wallets and 1000x leverage options address gaps in existing platforms, positioning it as a top crypto to invest in. Over 600,000 users have joined the presale, with experts comparing DTX’s growth potential to early-stage Solana.
Why traders are switching to DTX
- Presale performance: An 900% price increase from the initial $0.02 offering demonstrates strong demand.
- Hybrid advantages: Uniting TradFi and DeFi removes barriers for traditional investors, a niche SOL and BONK haven’t captured.
- Scalability: VulcanX’s speed and low fees outperform Solana’s network, which faced congestion during peak demand.
Industry analysts believe DTX Exchange could outperform major coins like SOL in 2025, making it one of the best new cryptos to buy. With the presale nearing its close, the project’s focus on real-world utility and cross-market accessibility lends credence to its long-term viability. As Solana traders diversify portfolios amid uncertainty, DTX’s innovative framework offers a compelling alternative for sustainable growth.
Final Conclusion
As Solana price volatility continues and BONK battles sell-offs, market participants are looking beyond meme coins for growth. The ongoing DTX Exchange presale, with its $0.16 tokens and hybrid trading model, provides a window into decentralized finance’s next evolution. Early adopters have a big potential to benefit ahead of its platform launch.
For those interested in exploring this opportunity, further details are available below.
Learn more:
Visit the DTX Website
