Solana News Today: Solana Consolidates Near $168.90 as Mutuum Finance Eyes $1 Price Target

Generated by AI AgentCoin World
Thursday, Aug 7, 2025 12:19 pm ET1min read
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Aime RobotAime Summary

- Solana (SOL) consolidates near $168.90 above $160–$165 support, with potential to rebound toward $180–$200 if $165 holds.

- Mutuum Finance (MUTM) raises $14.1M in presale stage 6, offering 71.43% returns if listed at $0.06, with USD-pegged stablecoin and Peer-to-Contract model.

- MUTM secures 95/100 CertiK Trust Score and $50K bug bounty program, addressing smart contract risks while incentivizing participation via $100K token giveaway.

- Projected $1 price target positions MUTM as a DeFi contender, leveraging security audits, dual-lending model, and strong early investor traction (14,900+ participants).

Solana (SOL) remains in a period of consolidation just above the $160–$165 support level, trading near $168.90 amid broader market uncertainty. The coin has pulled back from late July highs near $180–$185, with analysts noting that a sustained move above $165 could reignite a push toward the $180–$200 range. Conversely, a decisive break below $160 could threaten further declines toward $150 [1].

Amid this volatility, interest is shifting toward Mutuum Finance (MUTM), a decentralized finance (DeFi) project in the final stages of its presale. MUTM is currently priced at $0.035 in stage 6, with a 14.29% increase expected when the price rises to $0.04 in stage 7. Investors in stage 6 could see a 71.43% return if the token is listed at $0.06, which aligns with current expectations [1].

To date, Mutuum Finance has raised over $14.1 million and attracted more than 14,900 investors, reflecting strong early interest in its offering. The project is developing a fully backed, USD-pegged stablecoin aimed at delivering long-term liquidity and stability. It employs a Peer-to-Contract model that eliminates intermediaries, using smart contracts to automate interest rate adjustments and optimize returns [1].

A recent CertiK audit gave MUTM a Trust Score of 95.0/100, underscoring the platform’s security and transparency. This is particularly significant as smart contract risks continue to concern investors. To further enhance security, Mutuum Finance has launched a $50,000 bug bounty program in partnership with CertiK, offering rewards based on the severity of reported issues [1].

In addition to security measures, the project is incentivizing participation with a $100,000 token giveaway. Ten winners will each receive $10,000 worth of MUTM tokens, while a top 50 token holder leaderboard will reward early adopters with bonus tokens based on their rankings [1].

With its dual-lending model, stablecoin roadmap, and robust audit credentials, Mutuum Finance is positioning itself as a key player in the evolving DeFi landscape. Given its current presale traction and projected return on investment, MUTM could be on track for a post-launch price target of $1, making it an attractive option for investors seeking exposure to next-generation DeFi protocols [1].

Source: [1]

Solana
(SOL) Wobbles Under $180 as Mutuum Finance (MUTM) Gears Up for $1 Run (https://partner.cryptopolitan.com/solana-sol-wobbles-under-180-as-mutuum-finance-mutm-gears-up-for-1-run/)