Solana Targets $300 as SOL Daily Fees Hit $33M, While XYZ Prepares for a $7,5M Presale Milestone

According to The Block data, daily transaction fees in SOL soared to a record-breaking $33 million. This surge was fueled by an unexpected wave of activity centered around two meme coins tied to the Trump family—TRUMP and MELANIA. These coins have injected new energy into the Solana ecosystem, with decentralized exchange (DEX) trading volume surpassing $27 billion daily, making it the highest among all Layer 1 blockchains.

TRUMP, in particular, made a splash, reaching an eye-popping $14 billion market value shortly after launch. At its peak, its fully diluted valuation hit an astounding $70 billion, placing it among the top 20 cryptocurrencies. Meanwhile, MELANIA—launched by Melania Trump herself—reached a solid $1.6 billion market value, adding to the momentum and buzz around Solana.

With all this activity, Solana’s native token SOL has been on fire, soaring by 50% in just the past week. It’s now trading above $260, and bullish technical indicators show it might break the $300 mark soon.

Currently trading above $250, Solana is approaching its nearest resistance level at $308.98. Breaking through this point could see the price target the second resistance at $364.04. On the downside, the nearest support level is at $238.86. The 10-day Simple Moving Average is $262.87, which is above the 100-day average of $207.36, indicating bullish momentum.

Technical indicators also present bullish signals. The Relative Strength Index is at 66.33, nearing overbought territory, while the Stochastic indicator reads 75.20. The MACD level of 3.2231 suggests positive momentum. If the upward trend continues, Solana could rise approximately 12% to reach the first resistance level. Given the positive fundamental background, the bullish trend is likely to continue.

At the same time, another rising star in the crypto space, XYZ, is making headlines as it inches closer to hitting a $7.5 million presale milestone.

XYZVerse is capturing the crypto community’s attention with its blend of sports fandom and meme coin dynamics. Targeting enthusiasts of football, basketball, MMA, and esports, XYZVerse offers a fresh entry point into the crypto landscape, combining passion for sports with the hunt for undervalued assets.

The project’s presale is already proving a success, with 9 out of 15 stages completed as demand intensifies ahead of the Token Generation Event (TGE).

Incremental pricing has seen the $XYZ token rise from $0.0001 in stage 1 to $0.002 in stage 10. As XYZVerse approaches a $7.5 million milestone—now 80% funded—the presale’s momentum signals strong investor confidence.

Early participants are rewarded with discounted prices, setting the stage for potential gains as the token advances through the remaining stages.

>>>XYZ presale is your first-quarter chance to get in before the next price increase