Solana Gains 1.9% Despite Market Softness, MAGACOIN FINANCE Emerges as Top Layer-1 Token

Layer-1 blockchains have regained investor interest in July, with Solana (SOL) and MAGACOIN FINANCE emerging as the top performers. Solana has been buoyed by institutional momentum, while MAGACOIN FINANCE has garnered attention with its community-first model and impressive presale ROI projections.

Solana's recent upward trajectory is driven by a technical breakout and strong investor confidence. The cryptocurrency broke out of a long-term falling wedge and held key support at $144. Despite broader market softness, Solana dipped just 3%, indicating resilience. As of the latest update, Solana is trading at $147, marking a 1.9% daily loss. The long-to-short ratio among Binance’s top traders is 2.49, showing that they hold 2.5 times more long positions than shorts on SOL. Crypto strategist Ali Martinez has identified a textbook cup-and-handle formation on Solana’s higher timeframes, projecting that a breakout could push SOL toward $3,000 and potentially higher.

Institutional interest in Solana is also on the rise. The recently launched REX Shares Solana Staking ETF recorded strong trading volume within its first 48 hours. JPMorgan analysts estimate between $3 billion and $6 billion in potential inflows once spot Solana ETFs receive SEC approval. Further underscoring investor appetite, CME Solana Futures open interest surged to a record $167 million following the ETF’s debut. If Solana can break through resistance levels at $180 and $240, analysts believe a path toward a new all-time high is within reach.

While Solana dominates headlines, MAGACOIN FINANCE is gaining momentum as one of the most promising and overlooked Layer-1 tokens of Q3 2025. The project is currently progressing through its presale and has rapidly expanded its community base. What sets MAGACOIN FINANCE apart is its community-first approach. A significant portion of its total token supply was allocated to presale participants, deliberately avoiding venture capital or institutional pre-allocation. This structure promotes fair ownership, decentralization, and a grassroots foundation.

MAGACOIN FINANCE's political relevance and rapidly expanding online presence on Telegram and X have amplified its visibility and attracted ideologically aligned investors. Unlike meme coins built solely on hype, MAGACOIN FINANCE is merging crypto fundamentals with cultural identity and long-term utility. As the MAGACOIN FINANCE presale continues, the current entry point offers one of the most attractive setups for retail and early-stage investors ahead of its exchange listing. For traders scouting the next breakout altcoin of Q3, MAGACOIN may be the one to watch.