Solana (SOL), once a dominant force in decentralized exchange (DEX) volume and blockchain revenue rankings, is grappling with eroding momentum.
Despite a 16% price surge over the past month, key technical indicators reveal weakening bullish signals.
The Ichimoku Cloud chart shows SOL hovering near critical support at $145, while its BBTrend metric—a measure of trend strength—has plummeted from 10.43 to 4.06 in three days.
Institutional interest, including a $1 billion corporate treasury initiative, has not fully offset the growing skepticism.
As Solana’s technical structure teeters, investors are pivoting to Mutuum Finance (MUTM), a decentralized lending project gaining traction during its fourth presale phase.
Mutuum Finance (MUTM) presale accelerates amid investor demand
Mutuum Finance (MUTM) has entered its fourth presale stage, with tokens priced at $0.025 each.
Over $7.7 million has been raised since the presale launched, fueled by the sale of 445 million tokens to more than 9,500 holders.
Phase 4 is already 60% filled, signaling accelerating demand as buyers position themselves ahead of a 20% price hike in Phase 5.
Once the current stage concludes, MUTM’s price will rise to $0.03, offering immediate paper gains for Phase 4 participants.
The project’s tokenomics outline a listing price of $0.06, translating to a 140% return for those buying at the current rate.
Post-launch forecasts suggest further upside, with analysts projecting MUTM could climb to $3.50—a 14,000% leap—as its lending platform gains adoption.
This potential stems from Mutuum Finance’s unique model, which integrates overcollateralized loans, dynamic interest rates, and a buyback system that redistributes tokens to stakers.
Unlike speculative assets, MUTM ties its value to real-world utility, creating sustained demand through its mtTokens mechanism, which generates passive income for liquidity providers.
Strategic incentives drive sustained growth
Mutuum Finance (MUTM) is amplifying investor confidence through strategic initiatives.
A recently launched dashboard now features a leaderboard ranking the top 50 token holders, who receive bonus rewards for maintaining their positions.
This system not only incentivizes long-term holding but also fosters competition among participants, further tightening token supply.
Meanwhile, the team is finalizing a smart contract audit with CertiK, a milestone expected to bolster credibility once results are shared publicly.
The project’s presale structure deliberately escalates prices across 11 phases, creating urgency as each stage sells out.
Early buyers in Phase 4 secure tokens at the lowest available price before the next increase, a tactic that has already propelled rapid fundraising.
With Phase 5 approaching, the window for accessing MUTM below $0.03 is narrowing.
Solana’s challenges highlight shift toward utility-focused tokens
As Solana (SOL) contends with faltering momentum, its struggles underscore a broader market shift toward projects offering tangible utility.
While SOL maintains its lead in DEX volume, its inability to sustain bullish signals has left investors exploring alternatives.
Mutuum Finance (MUTM) capitalizes on this trend, merging decentralized finance (DeFi) innovation with measurable economic incentives.
The platform’s lending model, which requires borrowers to lock collateral exceeding loan values, minimizes default risks while stabilizing the ecosystem.
Coupled with peer-to-peer (P2P) lending options for assets like meme coins, Mutuum Finance addresses gaps left by traditional DeFi protocols.
These features, combined with a token buyback system funded by platform revenue, create a self-reinforcing cycle of demand and scarcity.
Final call: Mutuum Finance (MUTM) nears next presale stage
With Phase 4 rapidly filling, Mutuum Finance (MUTM) represents a rare convergence of accessibility and high-growth potential.
Current investors stand to gain 140% returns at launch, while post-launch targets suggest exponential upside.
The project’s focus on security, evidenced by the ongoing CertiK audit, and its reward mechanisms for top holders further differentiate it in a competitive crypto market.
As Solana (SOL) navigates uncertainty, Mutuum Finance (MUTM) emerges as a calculated alternative for those prioritizing utility and structured returns.
The presale’s upward pricing trajectory leaves little room for hesitation, urging investors to act before Phase 5 begins.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://www.mutuum.finance/
Linktree: https://linktr.ee/mutuumfinance
The post SOL faces downturn as investors shift focus to promising altcoin MUTM appeared first on Invezz
https://invezz.com/news/2025/05/07/sol-faces-downturn-as-investors-shift-focus-to-promising-altcoin-mutm/
