SOLANA HOLDS $76 AS CIRCLE ADDS $500M USDC — JIMOTHY MEMECOIN EXPLODES 186%!
Solana is trading near **$76.04**, up **1.01%** today. The token is holding a tight range near the mid-$70s.
Major Catalyst: Circle minted $500 million in USDC supply** on the Solana network — a move traders interpret as capital positioned for settlement and DeFi activity. Solana DEX volume reached **$1.55 billion over the past 24 hours — the highest among major blockchains.
Also: JIMOTHY, a Solana memecoin named after a viral Seattle raccoon, surged 186% in 24 hours to an $11 million market cap** with **$36 million in trading volume. Anonymous developers launched it on Pump.fun on July 16.
⚠️ Caution: Whale wallets on Solana have declined 3.6% since May. Pump.fun has sent roughly 4.81 million SOL to Kraken since 2024, cashing out an estimated **$812 million** at an average price of $168.70 — more than double current levels.
$SOL
Key Levels: Support at $74**; resistance at **$76.50 and $78–$80.
#Solana #SOL #USDC #Jimothy #Memecoins
Solana is trading near **$76.04**, up **1.01%** today. The token is holding a tight range near the mid-$70s.
Major Catalyst: Circle minted $500 million in USDC supply** on the Solana network — a move traders interpret as capital positioned for settlement and DeFi activity. Solana DEX volume reached **$1.55 billion over the past 24 hours — the highest among major blockchains.
Also: JIMOTHY, a Solana memecoin named after a viral Seattle raccoon, surged 186% in 24 hours to an $11 million market cap** with **$36 million in trading volume. Anonymous developers launched it on Pump.fun on July 16.
⚠️ Caution: Whale wallets on Solana have declined 3.6% since May. Pump.fun has sent roughly 4.81 million SOL to Kraken since 2024, cashing out an estimated **$812 million** at an average price of $168.70 — more than double current levels.
$SOL
Key Levels: Support at $74**; resistance at **$76.50 and $78–$80.
#Solana #SOL #USDC #Jimothy #Memecoins