Solana Targets $100 as Mutuum Finance Raises $20.6 Million in Presale

The cryptocurrency market is known for its unpredictability, but two projects are currently making waves: Solana (SOL) and Mutuum Finance (MUTM).

Solana has been experiencing a challenging start to the year, with a steady drop in price that raised concerns among traders. However, many experts now believe that the coin is finding a 'bottom,' where buyers start to outnumber sellers.

For Solana, the magic number seems to be around $80 to $81, and if it can stay above this mark, the next goal for the project is to reach the psychological level of $100. Reaching this target would be a major win for Solana holders, as round numbers often act as barriers in the crypto world.

Despite facing technical hurdles, such as bearish patterns on some charts, institutional investors remain interested in Solana. Recent reports show that millions of dollars are flowing into Solana ETFs, which allow big companies to buy into the coin easily.

Mutuum Finance (MUTM), on the other hand, is a new project that's gaining traction with its innovative dual lending mechanism and affordable price point. The project has already raised over $20.6 million during its presale phase, indicating strong community trust and support.