Solana rally continues as it eyes $300; Tron and new popular meme coin surge

Solana, Tron, and Cutoshi gear up for major moves, with whale activity boosting SOL, TRX nearing breakout levels, and Cutoshi transforming MemeFi with its smart ecosystem.

Solana (SOL) appears ready for the next leg up as large buyers continue to snipe the bottoms and add more SOL to their already massive positions. Meanwhile, Tron (TRX) and Cutoshi (CUTO) are also teasing new breakouts that could send them soaring in the upcoming weeks.

Cutoshi, in particular, has been capturing the attention of crypto veterans and meme enthusiasts. With its revolutionary MemeFi ecosystem, Cutoshi could soon redefine the entire meme coin space and become one of the hottest plays of 2025.

Solana is consolidating just below the $240 resistance. 

Solana continues to play a protagonist role in the current crypto market with its $113 billion market cap that puts it at the 5th place on the crypto totem pole. Solana has been range bound over the past two weeks after it reached a new all-time high of $263. Following a retracement, Solana revisited lower levels and every dip was scooped, showing sustained buyer interest. 

On-chain tracker Lookonchain has drawn attention to a significant surge in whale activity over the week. 4 large Solana wallets have withdrawn around 185,000 SOL tokens from Binance, worth approximately $42 million.

Moreover, Solana continues to benefit immensely from the ongoing meme season, as its meme coin factory is working overtime, with tens of new projects launching every day. Although their utility is questionable, to say the least, it’s undeniable that this euphoria is funneling insane revenue numbers back into Solana’s ecosystem. 

This is also significant for meme coins that provide a real use case, such as Cutoshi, built on Ethereum blockchain, for example. As this meme cycle is maturing, investors are now looking to rotate capital into utility-driven narratives built to thrive in the long run. 

Tron enters re-accumulation phase after reaching ATH

Tron (TRX) has been one of the strongest performers in 2024 as it has been in up-only mode since bottoming out in the 2022 bear market. Even throughout the turbulent summer months, Tron demonstrated surprising stability and in November it surged by over 150%, reaching a new all-time high of $0.43. 

As traders booked profits, Tron experienced a pullback and is now selling for $0.31 with a 3.8% intraday decrease. Right now, Tron is regaining strength as it is constantly tapping into a high-demand zone around the $0.30 mark.

Trader and analyst Mihir points out that this latest peak in Tron’s price coincides with an ascending trendline where previous cycles’ highs line up. This trendline has acted as a dynamic resistance level and if Tron breaks out, it could enter escape velocity and surge above $1 in the upcoming months.

Cutoshi is the new star in the meme coin galaxy

Cutoshi comes into play at the meeting point between memes and DeFi. The project introduces a cutting-edge decentralized platform, CUTO DEX, which bridges the gap between isolated blockchains and allows users to instantly swap between assets.

Cutoshi draws inspiration from the Lucky Cats in Japanese folklore. These cats are believed to bring good fortune to businesses. Cutoshi tokenizes luck and brings it to the blockchain so that early investors can reap the rewards. 

Cutoshi will offer monetary incentives to users for staking the CUTO token or providing liquidity. Moreover, community members will have the opportunity to complete fun tasks and quests and earn additional income through the Cutoshi Farming initiative.

Stage 4 of the presale is now live and CUTO is priced at just $0.031. This is the perfect point for early buyers who want to be on the winning side of the new, utility-driven meme coin project. 

To learn more about the Cutoshi presale, visit the website.

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