Solana Support Levels, EV2 Token Presale, and Trump’s Blockchain Bill Explained
Solana (SOL) remains under scrutiny as traders watch key support levels, while blockchain innovations gain attention following President Trump’s proposed New Structure Bill. Meanwhile, the EV2 Token presale is creating waves in the gaming and crypto communities.
What you'll learn 👉
Solana Price Distribution and Key Support Zones
Ali (@ali_charts) recently posted a great Glassnode chart titled: “SOL: UTXO Realized Price Distribution (URPD): ATH-Partitioned,” which depicts the on-chain cost basis of Solana as shown below. The on-chain cost basis in the chart indicates price ranges where investors either last moved their tokens or realized value from their token holdings.
Notably, the realized volume peaked again at approximately 30 million SOL tokens, coinciding with the price range of $165–$170 at the time of writing.
Daily timeframe chart of Solana. Source: Tradingview
The $147.49 level stood out as a prominent accumulation zone, as over 16 million SOL tokens had last been moved in this price range. This level acted as a consolidation point, serving as a strong support area, as many SOL holders may defend any position that allows them to take profits. Additional notable accumulation ranges occurred between $60 and $100 and $170 and $200, indicating a clear historical point of investor activity.
Analyst indications are that the $140–$160 price range may provide a strong support zone if investors decide to take profits and the price corrects. Conversely, with the $180–$200 price range acting as a resistance, given investors who previously showed a realized cost basis in the previous areas of the chart above.
Additionally, price action beyond the $220 area shows low realized volume, as we previously had a strong support level, which is now creating little to no support. Lastly, if SOL can maintain levels above the $160 area, we may see some momentum similar to prices attempting to breach the $200–$250 price range.
SOL: UTXO Realized Price Distribution (URPD): ATH-Partitioned: Source: X
President Trump’s New Structure Bill and Blockchain Integration
A tweet from CryptosRus (@CryptosR_Us) detailed President Trump’s plan for a New Structure Bill aimed at repositioning the existing financial system. The bill proposes a shift from traditional banking, payment, and settlement systems to on-chain mechanisms. The structure could include government-backed digital currency, regulated stablecoins, or on-chain rails for payments.
Solana’s architecture, with its fast transaction times, low fees, and high throughput abilities, puts it on a potential path for commercial or government affiliation/usage. If adopted, the use of payment/cash networks or fintech in the existing legislation could bolster demand for Solana, thereby increasing the liquidity of the token and enhancing developer engagement. Actual usage is predicated on regulatory approval or institutional agreements.
EV2 Token Presale and Web3 Gaming Integration
Funtico’s presale of the EV2 Token introduces a new digital currency designed specifically for the EV2 gaming platform. Players can earn tokens by completing various tasks, engaging in tournaments, and spending earned tokens on in-game items. The token enables the trade of digital assets within the gaming ecosystem as well.
Additionally, EV2 Tokens offer the added benefit of utilizing NFTs, which grant players the ultimate right to ownership of a unique digital collectible, sell it, or use it in trade.
The great advantage of this integration is that players will now have true ownership of in-game items sold securely, creating a bridge between traditional gaming activity and tangible, blockchain-based assets. Participants in the games will be able to hold a collection of their gaming NFTs and use the trading functionality to buy, sell, and earn tokens.
“Every token earned or spent drives real value, creating a closed-loop system where skill and strategy directly translate into profit.”
The token is designed using the Avalanche platform, which ensures quick transaction speeds and very low transaction fees, allowing for seamless gameplay. Speeds and functionalities are compliant even during heightened transaction times and fast-paced games.
The presale phase is an ideal opportunity to gain early access and offer exclusive rewards to the participating community. All participants will also have the opportunity to engage in the platform’s economic growth phase in advance of the game’s official launch.
$EV2 Presale
Website: https://ev2.funtico.com/
Telegram: https://t.me/EV2_Official
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