Solana Price Jumps 2% As This Trading Bot ICO Heads For $3M

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The Solana price has risen 2% in the last 24 hours to trade at $192.18 as of 4:20 a.m. EST on a 76% surge in trading volume to $9.5 billion.

This SOL price jump comes as Solana co-founder Anatoly Yakovenko calls meme coins and NFTs “digital garbage” with zero intrinsic value, comparing them to loot boxes in mobile games.

I’ve said this for years. Memecoins and NFTs are digital slop and have no intrinsic value. Like a mobile game loot box. People spend $150b a year on mobile gaming.

— toly 🇺🇸 (@aeyakovenko) July 27, 2025

Yakovenko received heavy backlash from blockchain users who pointed out that the majority of Solana network users either use it for meme coins or NFTs.

Despite the attack on meme coins, which are powering the Solana network, the SOL price surged higher.

Solana Price Breaks Out Above Bullish Continuation Pattern

The SOL/USD chart shows the asset trading at $192.21, up 1.62% in the last 3 days, with a solid jump in volume. The 50 Simple Moving Average (SMA) on the 3-day chart sits at $149.64, and the 200 SMA at $156.12, both acting as solid support levels.

Solana’s price is riding above those two SMAs, which signals bullish momentum. The Relative Strength Index (RSI) at 65.57 is hovering just below overbought territory, indicating room to run before a potential pullback.

The Moving Average Convergence Divergence (MACD) is also looking bullish as the MACD line (blue) is soaring above the signal line, hinting at more upside.

SOLUSDT Analysis Source: Tradingview

Looking at the chart’s technical setup, SOL price action shows a classic ascending triangle forming, with points A and C marking the resistance (around $160-$180) and a rising support.

That breakout above $180 is a green light for further gains. If SOL bulls continue with the campaign, the price may soar an additional 57.81% to $303.

However, if bears crash the party, the SOL price could retrace back to $180 or $156. A drop below $156 could mean a dip to $95.26.

Solana Price Eyes 57% Extra Gains

Yakovenko’s meme coin comment has ignited debate. However, with the Solana ecosystem leaning hard into meme coins and NFTs, ditching the “slop” could attract serious investors, which might then boost the price.

On the flip side, if the meme coin community reacts negatively, there might be some turbulence in the SOL ecosystem. Solana’s fundamentals, which include fast transactions and low fees, may keep the price bullish. Currently, over 90% of all on-chain transactions are happening on the Solana network.

🚨 JUST IN: 90%+ OF TOTAL TRANSACTIONS ONCHAIN ARE HAPPENING ON SOLANA #SOLANA ⚡️ pic.twitter.com/EMlW9vA2cl

— curb.sol (@CryptoCurb) July 28, 2025

Short-term, the SOL price could rise to the $225-$260 range by mid-August if volume holds. In the long term, $300+ is in play by year-end if the bulls keep charging.

Investors may want to keep an eye on that $264 resistance. If SOL breaks it, the asset could rally higher. However, if the price is rejected at this level, SOL may go into a sideways grind.

Snorter Token Rides Meme Coin Wave With A Game-Changing Trading Bot

As the Solana price readies for a potential new all-time high, a new player called Snorter Token (SNORT), the native cryptocurrency of the Snorter Bot, is making waves with its presale, already raking in over $2.5 million.

With a quirky aardvark mascot and a promise to level the playing field for retail traders, SNORT is quickly becoming the talk of the town.

Built on Solana’s lightning-fast blockchain, Snorter Bot is a Telegram-native trading tool designed for degens chasing the next big meme coin. It’s not just another bot—it’s a full-on trading suite.

🚨 Snorter Bot is now live in Best Wallet! 🚨@SnorterToken is building a powerful multi-chain Telegram trading bot designed for speed, transparency, and automation.

Snorter Bot will give users the ability to access lightning-fast trades and real-time execution directly from… pic.twitter.com/EqkWxGMcQy

— Best Wallet (@BestWalletHQ) May 28, 2025

With sub-second swaps, automated token sniping, and copy-trading features, Snorter lets everyday traders move as fast as the whales. Additionally, it has an 85% success rate at spotting rug pulls and honeypots, saving users from scams that plague the meme coin space.

Holding SNORT slashes trading fees from 1.5% to a mere 0.85% as well, undercutting rivals like Banana Gun and Unibot. Early backers can also stake their tokens for a jaw-dropping 168% APY, though that rate drops as more jump in.

SNORT Might Be A 100X Crypto

Snorter Bot’s MEV protection and real-time portfolio tracking give traders an edge. All of the features is why Crypto YouTuber Crypto June, with over 10.2K subscribers, predicts SNORT could be the next 100x gem.

Compared to Banana Gun’s $1.2 million private round, Snorter’s presale is already closing in on $3 million without big VC backing.

Investors can participate in the presale via the widget on the project’s website. Priced at $0.0995, SNORT can be bought with SOL, ETH, USDT, or even a bank card.

But act fast, as a price hike is looming in under 22 hours.

Check out the Snorter Token website.

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