Solana News Today: Whales Buy Solana Toncoin And Magacoin As Bitcoin Surges Past $114 000

Generated by AI AgentCoin World
Tuesday, Aug 5, 2025 4:56 pm ET1min read
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Aime RobotAime Summary

- Bitcoin's $114K surge sparks whale-driven altcoin accumulation, signaling potential bull cycle re-entry.

- Solana (SOL) sees consistent large-scale buying post-$160 pullback, with ecosystem growth reinforcing its layer-1 contender status.

- Toncoin (TON) gains traction via Telegram integration and stable micro-transaction use cases, while MAGACOIN FINANCE's presale nears oversubscription with 13,800% ROI projections.

- Avalanche (AVAX) and Stellar (XLM) show recovery signs through whale accumulation at $22 and $0.36 support levels, driven by real-world asset tokenization and CBDC developments.

- Market dynamics shift as whales position in Solana's smart contract dominance, TON's Telegram-native adoption, and MAGACOIN's rapid growth potential.

Bitcoin’s recent move above $114,000 has sparked renewed interest in altcoins, with whale activity pointing toward potential momentum shifts in the broader market. Institutional and retail investors alike are noticing increased accumulation of several major altcoins, signaling a possible re-entry into the next phase of the crypto bull cycle [1].

Solana (SOL) remains a top target for whale investors. On-chain data shows consistent large-scale buying activity following a pullback to around $160. Analysts note that this pattern mirrors past accumulation phases that led to significant price surges. With continued growth in its ecosystem—including dApps, NFTs, and DeFi—SOL is seen as a key layer-1 contender for the next bull run [1].

Toncoin (TON) is also attracting attention from deep-pocketed investors. Its integration with Telegram and expanding use cases in micro-transactions and blockchain-based messaging have positioned it as a long-term player. Despite recent market corrections, TON has maintained stability, indicating strong confidence among whale holders [1].

MAGACOIN FINANCE is emerging as one of the most notable names in the altcoin space. It has drawn both new and experienced investors, particularly as it approaches the final stages of its limited presale. Analysts forecast a potential return on investment of up to 13,800% for early entrants, a projection that has sparked comparisons to SHIBA INU’s early performance [1]. With current tiers nearing oversubscription, the token appears to be in high demand.

Avalanche (AVAX) is showing signs of recovery after a period of heavy selling. Whale wallets are accumulating around the $22 level, indicating belief in a potential rebound. Avalanche’s progress in tokenizing real-world assets and enhancing cross-chain infrastructure has added to the optimism, with many viewing the current price dip as a potential springboard for higher valuations [1].

Stellar (XLM) is quietly regaining traction. Historically a leader in cross-border digital payments, it has been overlooked recently but is now drawing attention from whale investors. Recent buying near $0.36 is being watched as a possible support level, with expectations of renewed institutional adoption linked to stablecoin and central bank digital currency (CBDC) developments [1].

As the market evolves rapidly, whales are positioning themselves ahead of what could be a significant shift in market dynamics. From Solana’s smart contract dominance to TON’s Telegram-native adoption, these altcoins are gaining ground. However, MAGACOIN FINANCE appears to stand out due to its rapid rise and substantial projected upside [1].

Source: [1] 5 altcoins whales are quietly buying after Bitcoin reclaims $114K (https://invezz.com/news/2025/08/05/5-altcoins-whales-are-quietly-buying-after-bitcoin-reclaims-114k/)