SOL has dipped to $181 as we speak, with the cryptocurrency market as a complete falling forward of the Federal Reserve’s Jackson Gap assembly later this week.
Which means that the Solana worth has now fallen by 8.5% prior to now week, whereas it’s additionally down by 5% within the final 30 days.
These are disappointing percentages, however there are causes to consider that the coin will get well strongly within the medium- and long-term, with crypto-exchange Bullish asserting yesterday that it’s going to elevating $1.15 in Solana-based stablecoins.
This can be a huge vote of confidence in Solana and its ecosystem, and when mixed with its latest momentum and its fundamentals, it factors to a really promising long-term SOL worth prediction.
Altcoin Season On? Is SOL About to See a Main Value Spike as Bullish Bets on Solana Stablecoins for $1.15B Capital Elevate?
Saying the transfer yesterday, the change defined that it’s going to obtain the proceeds of its vastly profitable IPO in stablecoins, with “the overwhelming majority […] minted for Bullish on the Solana community.”
Bullish has organized to obtain $1.15 billion of proceeds from its not too long ago accomplished preliminary public providing in stablecoins, which represents a historic step for the usage of stablecoins in an preliminary public providing in america.https://t.co/hh9i22RS9I
— Bullish (@Bullish) August 19, 2025
Commenting for Bullish’s press launch, Solana Basis President Lily Liu framed the announcement as a vastly important second in Solana’s comparatively brief historical past.
She mentioned, “Bullish’s use of stablecoins in its IPO merges public market infrastructure with blockchain rails, and highlights Solana’s distinctive place to energy a brand new period of market effectivity and innovation.”
Nonetheless, as constructive because the announcement is for Bullish, Solana and crypto extra typically, it coincided with a disappointing day for markets, which have suffered amid fears that the Fed could as soon as once more refuse to budge on rates of interest.
But when we have a look at Solana’s chart, we see that it’s nearing a backside, and should rebound once more very quickly.
As an example, its relative power index (yellow) and MACD (orange, blue) have each turned destructive as we speak, nearing a degree the place they are going to have nowhere else to go however up.
What we additionally see is {that a} bullish pennant has been forming since mid-July, setting SOL up for an enormous transfer in both course.
Provided that the coin continues to be down on its ATH, and given its latest constructive information, it’s extremely possible that this transfer will likely be upwards.
Assuming that the Fed’s assembly this week brings constructive information, the SOL worth may go $200 once more subsequent week, earlier than reaching $300 in This autumn.
Wall Avenue Pepe Beats Market with 10% Soar
It’s not solely Solana-based stablecoins which have confirmed fashionable in latest months and years, but additionally Solana-based meme tokens.
In actual fact, meme cash have been one of many key substances in Solana’s progress, with the blockchain commanding the lion’s share of meme token buying and selling quantity.
It continues to witness new coin launches every day, and one thrilling new addition to its chain is Wall Avenue Pepe (WEPE), an Ethereum-based coin that’s launching a SOL-based model of itself.
Launching on Solana
You should buy early
Each greenback purchase on $SOL = burns $WEPE on ETH
As soon as ETH $WEPE hits $0.001 → $SOL Peg goes 1:1
Sol purchase = Eth burn
New website, new plans, the Solana enlargement beginspic.twitter.com/c3GBYJZliX
— Wall Avenue Pepe (@WEPEToken) August 19, 2025
WEPE first launched in February after a presale that raised a vastly spectacular $73 million, and it has risen by 10% prior to now 24 hours.
At $0.00005375, it’s really up by simply over 250% because the finish of Might, making it one of many best-performing tokens over this era.
Its acquire as we speak has adopted from the information that it’s launching a Solana-based model of its coin, which buyers should purchase straight from its official web site earlier than launch.
They will purchase the Solana-based model of the coin both with fiat or crypto, or by depositing their holdings of the Ethereum-based model.
Wall Avenue Pepe is planning quite a lot of change listings to coincide with the launch, one thing which may increase its worth considerably within the coming days and weeks.
And it’ll additionally burn its Ethereum-based provide in proportion to the quantity of Solana-based tokens it sells, serving to to take care of its worth.
Click on Right here to Get WEPE on Solana
The submit Altcoin Season On? Is SOL About to See a Main Value Spike as Bullish Bets on Solana Stablecoins for $1.15B Capital Elevate? appeared first on Cryptonews.