The crypto market saw sharp price swings this week, with several top projects losing ground after a $1.7B liquidation bloodbath. Cardano (ADA) fell by more than 10%, erasing recent gains and sparking debate over its long-term potential. Solana (SOL) also dropped 18%, facing strong selling pressure after an extended rally earlier in the year.
While established tokens undergo corrections, interest in presales like Digitap ($TAP), the world’s first omni bank, is rising. Analysts highlight that investors are seeking projects offering utility alongside realistic adoption goals, and $TAP is showing huge momentum from investors globally, with 50x growth potential.
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Cardano’s 10% Decline Raises Market Questions
Cardano’s decline of over 10% this week highlights growing investor concern about the project’s ecosystem development and competition from rival blockchains. ADA’s smart contract activity has not scaled as quickly as expected, which contributes to slower adoption in decentralized finance (DeFi) and non-fungible tokens (NFTs).
Large investors are trimming exposure, and retail traders face liquidity issues, making recovery difficult in the short term. Analysts say that while ADA maintains a strong developer community, price stagnation creates uncertainty. Cardano continues to be one of the best altcoins to buy according to long-term supporters, but near-term market dynamics are less favorable. Without stronger on-chain usage, its price may remain under pressure.
For investors considering fresh exposure, opportunities may be limited until stronger activity resumes. Market observers note that speculative capital often moves toward projects showing early-stage growth, particularly presales, where the upside potential is clearer. This explains why ADA holders are exploring alternative investments like Digitap, which promises real-world use cases beyond speculative trading.
Solana Faces an 18% Pullback After Strong Gains
Solana’s recent 18% decline shows that even top-performing assets can face corrections after extended rallies. The blockchain has seen significant adoption, especially in DeFi and NFT trading. However, technical signals indicated overbought conditions, prompting profit-taking among short-term traders. Just last week, the token traded around the $240 mark, but is now under $200.
Institutional flows also appear to have slowed, amplifying volatility. SOL remains a stable investment due to its network speed and developer ecosystem, but sharp swings remind investors of the risks associated with high-beta tokens. The ecosystem’s strengths include fast throughput and low fees, yet scalability challenges and network outages in past years still weigh on sentiment.
For those watching Solana, analysts recommend caution until the price consolidates. Even under $200, there is not much upside towards previous highs of $240, which would represent an increase in the region of 20%. There is little possibility of an explosive rise, given its established market cap, and almost no chance of a 50x return.
Digitap Presale Captures Attention With Omni-Banking Services
Digitap is emerging as a presale attracting strong momentum. $TAP aims to facilitate real-world adoption through global payments, including integration with Visa, Apple Pay, and Google Pay.
The presale pricing model starts at $0.0125, increasing in subsequent rounds, creating a sense of urgency for early participation. Staking rewards and a buyback and burn mechanism further strengthen token economics by incentivizing long-term holding while reducing supply.
Community discussions across forums highlight how Digitap is appealing to investors frustrated with the slow performance of established coins like ADA.
Analysts describe $TAP as one of the best altcoins to buy due to its focus on utility over speculation. By supporting multi-currency IBAN accounts and seamless payment services, $TAP positions itself as more than just a token—it becomes a functional part of global finance.
This will also cater to a new market of remote workers and digital nomads who want international finance that offers fiat and crypto banking through one interface.
Presales Thrive During Market Downturns.
Presale token prices are unaffected during broader market downturns, as they are fixed during the sale, staying the same while listed tokens decline. This is one reason why holding a mix of presale tokens and established coins helps to diversify a portfolio, along with the possibility of explosive growth.
Cardano’s 10% drop and Solana’s 18% fall point to shifting investor confidence in established names. In contrast, Digitap’s presale success shows how early-stage projects can attract capital by focusing on tangible adoption. A 50x multiplier is not unrealistic, as it’s a new project that aims to tap into a gigantic banking and payments industry.
Digitap is Live NOW. Learn more about their project here:
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