Solana News Today: Solana Surges 5% on Spot ETF Hopes, Mutuum Finance Presale Gains 20%

Solana (SOL) has seen a significant rise, climbing 5% to $174.99 over the past week. This surge is driven by growing anticipation for a potential spot ETF approval by October 2025. The SEC’s directive on July 7 for issuers like VanEck and 21Shares to amend S-1 filings, including staking provisions, has fueled optimism. The odds for approval, as indicated by Polymarket, stand at 91%. The REX-Osprey SOL + Staking ETF (SSK), launched on July 2, attracted $41 million, signaling strong institutional interest.

Solana’s high-speed blockchain, capable of processing 5,000 transactions per second at a cost of $0.00025 per transaction, enhances its appeal. Analysts project that SOL could reach $190-$500 by Q4 2025 if approved, with GSR forecasting a long-term value of $1,300. However, regulatory hurdles and a bearish MACD suggest a possible dip to $160 if the $180 resistance holds. This ETF hype underscores Solana’s growing mainstream traction.

While the focus is on a potential Solana spot ETF approval, investors are quietly turning their attention to Mutuum Finance (MUTM), a rising DeFi protocol. MUTM has delivered 20% paper gains in its presale and is nearly sold out, with only 15% of its Phase 5 supply remaining.

The momentum behind Mutuum Finance’s presale reflects its growing credibility in the crypto space. Over $12.6 million has been raised, and 85% of Phase 5 tokens are already sold. The current price of MUTM is $0.03, but this will increase by 20% to $0.035 in the next phase, giving buyers a limited-time chance to lock in gains before the final rounds and public listing.

Mutuum Finance has a growing base of over 13,600 holders and a rapidly expanding community on social media, including 12,000+ Twitter followers. The platform has completed a CertiK audit, achieving a Token Scan score of 95 and a Skynet rating of 77.5, giving investors confidence in its long-term viability.

Behind the scenes, the Mutuum Finance team is developing a full DeFi ecosystem powered by a Layer-2 blockchain integration. This ensures low transaction fees and near-instant speeds, a significant improvement over the sluggish and expensive experiences on Layer-1 DeFi platforms. For a lending protocol, speed and cost are crucial, and Mutuum is building the infrastructure to deliver both.

Adding to the excitement is a $100,000 MUTM giveaway, where ten lucky participants will each receive $10,000 worth of MUTM tokens, as well as a $50,000 CertiK bug bounty to ensure the platform launches with rock-solid security.

The core mechanics planned for Mutuum Finance revolve around seamless yield generation and the ability to borrow without selling crypto assets. This will be enabled through mtTokens, which users are expected to receive after depositing major cryptocurrencies like ETH, BTC, or SOL. Once live, these mtTokens will automatically accumulate interest while staked in smart contracts, creating a hands-free passive income stream with no manual intervention.

The protocol is designed to support two distinct lending models tailored to different risk profiles. In the upcoming Peer-to-Contract (P2C) model, users will be able to deposit assets such as ADA and earn steady returns under fixed smart contract terms. For example, a user who deposits $20,000 worth of ADA at a 55% loan-to-value (LTV) ratio could earn an estimated 9% annual yield. These returns will be transparent and contract-enforced, starting automatically once mtTokens are issued.

For those seeking higher upside—or holding more volatile assets—the Peer-to-Peer (P2P) model will introduce direct, trustless lending between users. Borrowers will be able to use memecoins like DOGE as collateral, while lenders can set their own terms based on risk tolerance. This future-ready feature aims to support flexible repayment schedules, dynamic interest rates, and overcollateralized security to minimize default risk.

Additionally, Mutuum’s protocol architecture features a governance-controlled stablecoin system that brings both stability and sustainability to its ecosystem. Stablecoins pegged to $1 will be algorithmically minted whenever users borrow against collateral and automatically burned upon repayment. This mint-and-burn cycle is designed to prevent oversupply and maintain price stability, reinforcing the platform’s long-term economic resilience.

A respected crypto analyst who accurately predicted Solana’s explosive bull run in 2021 is now watching Mutuum Finance closely. According to this expert, MUTM is on track for a 20x surge post-listing, with the first confirmed exchange listing price locked at $0.06.

To put this in perspective: an investor who bought in during Phase 2 at $0.015 with a $10,000 investment would have received approximately 666,666.67 MUTM tokens. At the listing price of $0.06, that same allocation would already be worth $40,000—a 4x paper gain. Now, if the analyst’s projection of $1.20 by 2026 plays out, that same investor could be sitting on $800,000, which equates to an 80x return from their original $10,000.

With presale momentum accelerating, time is quickly running out to join Mutuum Finance before the next price surge. While others chase headlines, smart investors are taking action—securing tokens in a project that combines long-term vision with real DeFi innovation.