Solana News Today: DeSoc Presale Surpasses $3M Amid Solana and Cardano Investor Shift

DeSoc has rapidly gained traction as a leading altcoin contender in the current crypto cycle, raising over $3 million in a 24-hour presale and attracting attention from investors in Solana and Cardano [1]. The project centers on a decentralized social media platform that incentivizes real user engagement by rewarding actions such as posting, sharing, and commenting. All data is recorded on-chain, which aims to eliminate bot-driven traffic and fake followers, addressing a major trust issue in digital social media [2]. Since its launch, DeSoc has trended on major platforms for over three days, signaling strong community interest and virality [2]. Analysts have highlighted DeSoc’s cross-chain capabilities, with key developments planned for 2025, including profile NFTs, $SOCS staking, and a cross-chain bridge linking Solana, EVM, and zk-L2 chains [4]. These features are designed to bring liquidity from major blockchain ecosystems into the DeSoc network, enhancing its scalability and utility [4]. Additionally, the project is set to launch a SoulScore credit layer that integrates social reputation into DeFi lending, further solidifying the use case for the $SOCS token [4]. TheCoinrise has noted that DeSoc’s focus on social media ownership and cross-chain functionality positions it as a compelling option for investors seeking exposure to the next phase of crypto innovation [5].

In contrast, Solana remains a strong but volatile altcoin. Known for fast and low-cost transactions, Solana has attracted NFT and DeFi developers as an alternative to Ethereum. However, the network has experienced multiple outages, raising concerns about reliability among large investors [1]. Despite these challenges, Solana has broken above the $200 level for the first time in five months, with some analysts forecasting a potential move toward $250 in the coming months. This is driven by rising TVL in its ecosystem, surging DeFi flows, and expectations of a spot ETF approval [4]. While Solana offers growth potential, its operational risks could limit long-term returns.

Cardano, on the other hand, continues to struggle with slow development. While it utilizes a secure proof-of-stake mechanism and is viewed as a long-term Ethereum alternative, its delayed upgrades have led to frustration among developers and investors [1]. ADA remains below $1, with many moving to more dynamic projects like DeSoc [1]. Some analysts have predicted that one of the major altcoins—Cardano, Litecoin, or DeSoc—could experience over 2000% growth by the end of 2025 [3]. However, Cardano’s sluggish progress makes it a less attractive option for investors seeking near-term returns.

Litecoin has also lost its luster as a high-growth altcoin. Often compared to Bitcoin’s “silver,” LTC lacks a strong use case beyond payments and has not seen a meaningful price increase following its halving event [1]. Many traders now view it as a store of value rather than a speculative asset, making it a poor investment for profit-driven strategies this year [1].

The broader altcoin market is currently influenced by multiple narratives. The Pudgy Penguins (PENGU) meme coin has seen over 450% returns in a single month, while liquidity is shifting toward DeSoc as investors chase the next big opportunity [4]. Daily active wallets in the SocialFi sector have surged by over 500% year-on-year, indicating a growing interest in decentralized social platforms [4]. However, while analysts project significant growth for DeSoc, these forecasts are based on expected developments in the SocialFi space and increased adoption of on-chain identity systems [4]. Actual performance will depend on market conditions, regulatory clarity, and broader economic trends.

Source:

[1] DeSoc Raises Over $3M In 24 Hours As Viral Presale Gains Attention From Solana And Cardano Holders - CaptainAltcoin. https://captainaltcoin.com/desoc-raises-over-3m-in-24-hours-as-viral-presale-gains-attention-from-solana-and-cardano-holders/

[2] DeSoc Trends On X For Over 3 Days As Viral Presale Set to Grow Over 5000 Before the End of 2025 - CaptainAltcoin. https://captainaltcoin.com/desoc-trends-on-x-for-over-3-days-as-viral-presale-set-to-grow-over-5000-before-the-end-of-2025/

[3] Cardano, Litecoin, or DeSoc: Why One of These Could Grow Over 2000% by 2025 - BlockchainReporter. https://blockchainreporter.net/cardano-litecoin-or-desoc-why-one-of-these-could-grow-over-2000-before-the-end-of-2025-2/

[4] Solana Price Prediction: Sol Could Hit $250 Next Month as Pengu Holders Rush to Buy DeSoc - TheCoinrise. https://thecoinrise.com/solana-price-prediction-sol-could-hit-250-next-month-as-pengu-holders-rush-to-buy-desoc/

[5] Why DeSoc Is Predicted to Be the Best Crypto to Buy Now in 2025 - TheCoinrise. https://thecoinrise.com/why-desoc-is-predicted-to-be-the-best-crypto-to-buy-now-in-2025/