{"id":374141,"date":"2025-02-24T13:22:50","date_gmt":"2025-02-24T07:52:50","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=374141"},"modified":"2025-02-24T13:22:50","modified_gmt":"2025-02-24T07:52:50","slug":"can-pumpfun-prevent-sol-from-crashing-to-100-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/can-pumpfun-prevent-sol-from-crashing-to-100-crypto-news\/","title":{"rendered":"Can PumpFun Prevent SOL From Crashing to $100? – Crypto News"},"content":{"rendered":"

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Solana price faces bearish pressure after dropping below $160 for the first time since November 2024. This crash has caused speculation about whether SOL could crash to $100, considering the upcoming unlock of nearly $2 billion tokens from the FTX bankruptcy auction. As bearish sentiment grows, <\/span>can PumpFun\u2019s new Automated Market Maker (AMM), which sidesteps Solana\u2019s native AMM Raydium, prevent SOL price from crashing to $100?<\/span><\/p>\n

Can PumpFun\u2019s AMM Prevent Bearish Solana Price Forecast to $100?\u00a0<\/b><\/h2>\n

PumpFun, a platform that makes it easy for creators to launch <\/span>meme coins<\/span><\/a> on Solana, is exploring launching its own Automated Market Maker (AMM) liquidity pools according to X user <\/span>Trenchdiver<\/span><\/a>.\u00a0<\/span><\/p>\n

An AMM liquidity pool is a smart contract that will enable decentralized trading on the launchpad instead of users relying on external decentralized exchanges (DEXs) like Raydium. A beta version of the AMM liquidity pool is already live on the PumpFun website, featuring a swap interface for trading SOL against meme coins.\u00a0<\/span><\/p>\n

\"Solana
PumpFum AMM Liquidity Pool<\/figcaption><\/figure>\n

By launching its own liquidity pool, PumpFun will make meme coin trading faster, while potentially boosting its revenues. This initiative could also draw more users to the launchpad.\u00a0<\/span><\/p>\n

PumpFun has been instrumental in driving activity and usage on the Solana blockchain. Therefore, if the AMM liquidity pool launches and boosts network usage, demand for Solana could rise, driving the price upward.\u00a0<\/span><\/p>\n

Will SOL Price Crash to $100 Amid Multiplying Bearish Pressure?<\/b><\/h2>\n

SOL price today sits at $159 after a 6% drop in 24 hours, which brings the monthly performance down by 35%. This massive correction has pushed investors to speculate if this crash is just the start and if Solana price could revisit the $100 psychological level.<\/span><\/p>\n

According to analyst Crypto_McKenna on X, Solana is structurally bearish after losing support at the $167-$169 zone. Despite the extended downtrend, buying support remains weak, which could lead to a drop between $112 and $126. If the selling pressure does not recede, SOL could revisit $100.<\/span><\/p>\n

\"Solana\"Solana
SOL\/USDT 1-day Chart<\/figcaption><\/figure>\n

The analyst also anticipates that several headwinds could cause Solana price to drop even further below $100 and hit $79. This is due to the upcoming unlock of 11.2M SOL tokens next week. Additionally, the Bybit hacker is laundering stolen funds using Solana meme coins<\/a>, which is causing negative market sentiment.\u00a0\u00a0<\/span><\/p>\n

This Solana (SOL) unlock is behind the bearish <\/span>Solana price prediction<\/span><\/a> and the lack of new buying activity. However, if the firms that bought these tokens from the FTX bankruptcy auction decide to hold and not sell, it could spark a recovery.\u00a0<\/span><\/p>\n

Will Long Traders Push Solana Price Down?<\/b>\u00a0<\/span><\/h2>\n

The Solana liquidation map shows a large number of long liquidations below the current price. When long traders are liquidated, they are forced to sell to close their positions, which exerts more downward pressure on the price.<\/span><\/p>\n

\"Solana\"Solana
Solana Liquidation Map<\/figcaption><\/figure>\n

Most of these long liquidations are saturated between the $120 and $160 price zones. Data from <\/span>Coinglass<\/span><\/a> shows that after Solana price fell to $160 on February 24, 2025, it triggered $21M in long liquidations, If these liquidations continue, it could accelerate the altcoin\u2019s downtrend.\u00a0<\/span><\/p>\n

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Frequently Asked Questions (FAQs)<\/h2>\n
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\n \tSolana price could drop to $100 is likely as buyers remain hesitant due to bearish news such as the upcoming 11.2M SOL unlock. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n

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\n \tPumpFun is testing AMM liquidity pools to boost meme coin creation and trading on the Solana blockchain, which could boost SOL demand and a price recovery. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n

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\n \tAfter dropping below the $167-$169 support zone, Solana’s next support level lies at $155. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n

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\u2713 Share:<\/p>\n

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muthoni <\/p>\n<\/p><\/div>\n<\/p><\/div>\n

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Solana price faces bearish pressure after dropping below $160 for the first time since November 2024. This crash has caused speculation about whether SOL could crash to $100, considering the upcoming unlock of nearly $2 billion tokens from the FTX bankruptcy auction. As bearish sentiment grows, can PumpFun\u2019s new Automated Market Maker (AMM), which sidesteps […]<\/p>\n","protected":false},"author":2,"featured_media":374146,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-374141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/374141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=374141"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/374141\/revisions"}],"predecessor-version":[{"id":374148,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/374141\/revisions\/374148"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/374146"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=374141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=374141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=374141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}