Solana Struggles at $97 Support as Analysts Flag Mutuum Finance (MUTM) for 20x Potential

Solana Struggles at $97 Support as Analysts Flag Mutuum Finance (MUTM) for 20x Potential

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News Editor 01
2026-07-23 03:05:14
Solana (SOL) is attempting to hold the $97-100 support zone; a loss could trigger a drop to $92. Meanwhile, Mutuum Finance (MUTM) has raised over $20.35M in its presale at $0.04 per token. With a launch price of $0.06, analysts project 20x gains to $1.20. The DeFi protocol features lending, staking rewards, and a Certik-audited contract.
SolanaMUTMpresale20xDeFi

Solana (SOL) is fighting to defend the $97–$100 support range, a level that has become make-or-break for its near-term trajectory. If bulls manage to hold here, a gradual recovery could push SOL toward the $110–$115 resistance zone, with a higher target near $122–$126. Should that floor crack, the next stop would be $92–$95. While Solana bides time, a different narrative is drawing attention: Mutuum Finance (MUTM), a DeFi lending protocol currently in presale at just $0.04.

Phase 7 Presale Nears Sellout – Phase 8 Already Priced 20% Higher

Mutuum Finance is in its seventh presale phase, offering tokens at $0.04 each. The project has already raised over $20.35 million, and the team expects this phase to close quickly. Phase 8 will start at $0.045 — a near 20% jump — while the official launch price is set at $0.06. Analysts predict MUTM could rise 20x from $0.06 to $1.20, meaning a $100 investment at Phase 7 would turn into $3,000 at the forecast peak.

Borrow Against ETH Without Selling – Flexible Loans, No Fixed Repayment

Mutuum Finance allows users to borrow stablecoins by depositing crypto as collateral, without having to liquidate their holdings. Loans carry no fixed repayment schedule — borrowers only need to cover principal and accrued interest. For example: an investor with $12,000 in ETH (at $2,800 per ETH) could borrow $8,000 in USDT at a 150% collateralization ratio. If ETH climbs to $4,800 within a year, they can sell the ETH for $20,571, repay the $8,000 loan plus $400 in interest (5% APY), and walk away with over $12,000 in profit. This design lets holders keep upside exposure while accessing liquidity.

Buyback-and-Distribute Rewards for Stakers, Certik Scores 90/100

MUTM token holders can earn passive income through a buyback-and-distribute mechanism. The protocol uses a portion of its revenue to repurchase MUTM from the market and distribute those tokens to stakers. Staking $3,000 worth of MUTM could yield roughly $300 in additional tokens annually, completely automated. On the security front, the MUTM smart contract has been audited by Certik with a 90/100 Token Scan rating. The team also maintains a $50,000 bug bounty program on Certik, offering $5,000 for each high-risk vulnerability discovered.

V1 Testnet Live – Users Can Try Lending, Borrowing, and Liquidations

Mutuum Finance's V1 protocol is already running on the Sepolia testnet, letting users test core functions: lending, borrowing, mtTokens, and the automated liquidator bot. This hands-on preview offers a clear look at how the platform will operate post-launch. While Solana holds at support and waits for direction, MUTM is pulling in early capital with a live product and a concrete road map — all at a presale price that early backers hope will look tiny in hindsight.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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