Solana Holds At Around $138 Resistance But Can Cardano Match New Meme Coin Bonus Offerings

Solana is fighting to stay strong as it holds near a $138 resistance level despite a bumpy week. Solana news also shows it is down over 22% from its $178 high this week. Even with Trump’s crypto reserve announcement which boosted it earlier, Solana is still reluctant to go higher. 

Meanwhile, Cardano (ADA) is stuck at $0.738, a 29% drop this week as per the latest Cardano price updates. With this drop , traders have begun to wonder if Cardano can keep up with hot new meme coins like Panshibi (SHIBI)? With SHIBI’s presale offering a 20% limited bonus, investors are tempted to dive into this meme coin that promises a huge ROI.

Will Solana Break Its $138 Resistance or Go Higher?

Solana (SOL) has been hovering around a $130 resistance level after it dropped 22% from its $178 peak. According to Solana News, this peak happened after Trump’s crypto reserve announcement on March 5 which sparked a quick surge. However, this fizzled out quickly and Solana experienced a pullback. Now at $129 as per live updates, Solana is testing the key $138 mark. Also, Experts still remain speculative as no one truly knows if it will break through the resistance or resume an uptrend. 

On the positive side, some Solana news still remain bullish. Some experts say the MACD shows bullish hints, and a whale grabbed $14 million worth recently which has helped to ease sell pressure. If SOL breaks $138 and hits $170, some say it could zoom to $180 or even $213. That will be a big jump if it happens.

However, Solana news from X posts warns of whale sell-offs like one unstaking 135,000 SOL worth $19.3 million. This could drag it down to $132 or even $106. The only way this doesn’t happen is if buyers step up. Also, the RSI at 42 says it’s not oversold yet, so there’s room to fall. But if Solana news reports a piece of bullish news, it might soar past $138 fast.

Can Cardano Remain Competitive in This Market?

Cardano (ADA) is battling to stay above water as the market continues to fluctuate. Right now, the Cardano price is around $0.738 down 29% this week, even after Trump named it for the U.S. crypto reserve on March 5. That news spiked ADA 70% in a day, but it has cooled off since then and dropped from a high of $0.9792. 

Also, the Cardano price took a hit partly because of market swings. For example, $660 billion got wiped from crypto this week after tariff talk spooked traders. But some experts say  Cardanohas some tricks up its sleeve. Also, some whales grabbed 1.41 billion ADA lately, showing faith even as the Cardano price wobbles. In addition some posts on X say its fixed 45 billion ADA supply and staking rate will cut sell pressure and keep it steady compared to other coins.

Still, the market competition is tough. Panshibi (SHIBI), a new meme coin, promises 100x gains which has got Solana holders jumping ship. To remain afloat, Cardano will have to prove utilities and hope it beats the hype of its rivals. Also, some analysts guess the Cardano price could hit $1.90 if it holds above $0.8, but a drop to $0.56 will mean a devastating dip.

Trending Meme Coin, Panshibi, Offers Huge Bonus Offerings

Panshibi (SHIBI) is now attracting more investors with a 20% bonus for anyone who joins its presale. Built on Ethereum, this panda-themed coin mixes Asia’s vibe and a panda theme to create the best meme coin of 2025. As of March 9, 2025, its presale has raised over  $1.23 million, with more stages to come. 

Since the presale is at stage 4, there are 11 more stages to go with each one offering a significant price increase. This means early adopters can enjoy profits even before it launches. With the token price at a meager $0.005 now, this represents a life-changing opportunity. 

After $SHIBI gets to its $10 million cap, early investors will be up 1,200% in price with more to come after launch. Now, that’s huge compared to Cardano’s price which may remain stuck around $0.75.  So while some analysts have said 2025 might be bigger than 2024, other coins are beginning to snooze. Panshibi on the other hand is off to the best start ever.

But what makes Panshibi stand out? For one, buying Panshibi comes with a lot of perks. Apart from the 1200% presale increase, investors will have the opportunity to let their $SHIBI work for them by staking. When investors do this they can enjoy a 1,200% increase at the end of the year. That means if you put in a little, you could get back a ton. Also, as a presale buyer, you earn a spot in the exclusive Bamboo Private VIP Club.

Conclusion

With a 20% bonus on Panshibi presale tokens, now is the best time to get a share of the token supply. Transactions are pretty easy and investors can get their tokens almost immediately. Since there is a time limit on this bonus, experts urge most traders to hop before it’s too late and the price gets too high 

To join the Panshibi presale now, use any of the links below:

Website:

Telegram:

Twitter:

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Source link