Solana (SOL) traded at an all-time high just shy of $295 nearly a year ago. Today, the token is changing hands at $104, prompting many traders to abandon ship. SOL is trading too close to the $100 level for comfort.
With SOL down around 60% from its peak, investor confidence may be permanently damaged. The complete breakdown of one of the largest layer-1 networks has investors urgently seeking new altcoins to buy.
Capital is rotating out of SOL and into new opportunities. One standout destination is Digitap ($TAP), a crypto presale hybrid fintech-crypto banking project. What may have prompted the influx of Solana capital, perhaps ironically, is Digitap’s recent integration with the layer-1 giant.
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How Digitap’s Omni-Bank App Turns Crypto Into Everyday Money
Digitap is the maker of the world’s first “omni-bank” app that blends fiat and crypto in one place. Users can open multiple foreign currency fiat bank accounts, high-yield savings accounts, and a crypto wallet to buy, sell, or stake more than 100 tokens.
Digitap recently introduced Visa debit cards linked to user balances. Every user can obtain a virtual card that is accepted like any other Visa card. Digitap’s AI-powered app can even identify the cheapest way of swapping crypto to fiat at the time of purchase. This means crypto is finally spendable in real life.
Digitap recently strengthened its platform by integrating Solana into its network. This gives users faster, cheaper ways to move funds and interact with crypto, thanks to low fees and near-instant settlement.
This approach lets Digitap benefit from Solana’s speed and efficiency. This may have even accelerated capital outflows from SOL itself. By embedding Solana into the banking app, Digitap offers frustrated SOL investors a real-life use case for how the layer-1 can be used in everyday banking and finance.
How $TAP’s Presale Raised $4.95M and Delivered 275% Gains
Digitap’s crypto presale of its native $TAP kicked off last summer, just weeks before the bull market came to an abrupt end. Digitap’s presale has been an automatic magnet for capital looking for the best altcoin to buy to hedge against the bleeding market.
$TAP is designed to increase in value in stages. Once each round is sold out or expires, $TAP inches higher. The first round offered the token at $0.0125, and it has steadily increased to $0.0467. This roughly 275% paper profit was a lifesaver for many portfolios, as it helped offset major losses.
Digitap has raised $4.95 million to date, meaning it is perhaps days away from the $5 million milestone. While its status as the best crypto to buy and hold during a bear market remains unchanged, $TAP is also built for long-term price appreciation.
With a fixed supply of 2 billion $TAP and zero inflation, half of the platform’s profits are allocated toward buybacks, burns, and funding stakers. This deflationary mechanism means that as Digitap’s usage grows, the token supply shrinks, benefiting investors.
On top of that, the staking incentives $TAP offers add to its case as the best altcoin to buy. Current $TAP stakers earn up to 124% APR. While the token is confirmed to be listed on crypto exchanges, the APR will likely decrease. This means investors need to act quickly and take advantage of a highly compelling offer that is nearly unmatched in the industry.
Why Solana’s Slide to $104 Has Long-Term Holders Taking Profits
Solana’s plunge from nearly $300 to the $100 level means strong technology alone isn’t enough to prop up prices in a cautious market. By most accounts, Solana’s network performance remains impressive.
The total value locked in DeFi of $7.57 billion is within historical norms, meaning the network is still a popular destination for developers and users. Active addresses of 2.89 million are also within its normal range.
Yet, SOL’s price action tells a story of instability. The network has moved past prior reliability issues, and its reputation for constant outages appears to be a thing of the past. Still, investors are seeking new opportunities in younger upstarts.
Many long-term SOL holders are also calling it quits. This is a normal reaction for a token that is still up over 12,000% since Solana started trading in 2020. Many investors have realized that the best crypto to buy are young, nimble, exciting, and offer something unique to the market with real utility.
Digitap’s Momentum Backs Its Role as Best Crypto To Buy
Solana’s weakness makes it clear that yield and utility are better traits to chase than legacy status. Solana remains a technologically robust blockchain, but it lacks the combination of benefits that investors crave in turbulent times.
The contrast is reflected in where SOL money is moving. Digitap’s rapidly expanding user base and nearly $5 million raise in the same shaky market represent a genuine vote of confidence.
Digitap is the top crypto to buy for Solana followers, as they are seeing firsthand how the blockchain is useful in consumer-facing products. They are realizing that the better way to capitalize on Solana’s benefits may be through crypto presale projects like Digitap.
Discover how Digitap is unifying cash and crypto by checking out their project here:
Presale: https://presale.digitap.app
Website: https://digitap.app
Social: https://linktr.ee/digitap.app
Win $250K: https://gleam.io/bfpzx/digitap-250000-giveaway
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