Ethereum Surges Past $2,700 Amid Strong DeFi Engagement Solana Dips 10% After $600 Million Token Unlocking Unstaked Raises $9.2 Million in Presale, 27x Growth Expected
Ethereum has recently surged past the $2,700 mark, marking a significant milestone in its price trajectory. This surge comes amidst a backdrop of positive network metrics, including rising gas fees and strong decentralized finance (DeFi) engagement, which indicate a healthy blockchain ecosystem. Despite these positive signs, Ethereum's price has been range-bound, hovering just below the $2,700 resistance level. Traders are awaiting a clear catalyst to drive the price higher, as the current lack of significant events or news has kept the asset in a sideways trend. Ethereum's leadership in DeFi, developer activity, and scaling efforts with Layer-2 chains remains intact, but a major event or news could be necessary to shift momentum and drive a breakout.
Solana, another prominent cryptocurrency, has also seen notable price action, surging past the $160 mark. However, the token has faced resistance around the $180 level, leading to a 10% dip that pulled the price closer to $160. Technical patterns suggest further weakness if support breaks, potentially sending the price closer to $142. Additionally, the unlocking of over 3.55 million tokens, worth $600 million, expected between June and August, has created anxiety about additional selling pressure. The cooling off of Solana's memecoin buzz, with tokens like TRUMP, FARTCOIN, and POPCAT seeing declines of 20% or more, has also contributed to the token's challenges. Despite these hurdles, Solana maintains strong fundamentals, including a 30-day DEX volume of $94.8 billion and $11 billion in total value locked. Fresh demand is required to drive a breakout past resistance.
While Ethereum and Solana face hurdles, other projects in the crypto space are gaining momentum. Unstaked, for instance, has reached a major turning point with 1.1 billion coins sold in its presale, raising $9.2 million without even launching its AI agents yet. This divergence in performance has made Unstaked one of the most talked-about names among those watching for the next big move in the crypto space. Unstaked's AI agents are designed to manage online communities, generate content, and build influence across platforms without coding knowledge. The project's Proof-of-Intelligence mechanism records every AI agent's performance directly on-chain, with rewards given for real activity, adding value beyond just holding. With a launch price expected at $0.1819, the setup hints at a 27x growth opportunity before listings even begin. This pricing model is attracting those looking for practical tools instead of short-lived hype. As it moves closer to its projected $5 value by 2028 and with only limited stages left, many believe this is one of the last chances to buy in low.



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