The crypto market pulled back this week but instead of cooling sentiment presale demand is climbing. Bitcoin fell below $113,000, pulling altcoins lower yet traders are now turning toward Solana, XRP and MAGACOIN FINANCE as they look for fresh entry points. Bitcoin Dip Reframes Market Focus Bitcoin dropped 2.94% over 24 hours to $112,936 which [...] The post Market Pullback Strengthens Presale Demand: Solana, XRP & MAGACOIN FINANCE Top the List appeared first on Blockonomi.The crypto market pulled back this week but instead of cooling sentiment presale demand is climbing. Bitcoin fell below $113,000, pulling altcoins lower yet traders are now turning toward Solana, XRP and MAGACOIN FINANCE as they look for fresh entry points. Bitcoin Dip Reframes Market Focus Bitcoin dropped 2.94% over 24 hours to $112,936 which [...] The post Market Pullback Strengthens Presale Demand: Solana, XRP & MAGACOIN FINANCE Top the List appeared first on Blockonomi.

Market Pullback Strengthens Presale Demand: Solana, XRP & MAGACOIN FINANCE Top the List

3 min read

The crypto market pulled back this week but instead of cooling sentiment presale demand is climbing. Bitcoin fell below $113,000, pulling altcoins lower yet traders are now turning toward Solana, XRP and MAGACOIN FINANCE as they look for fresh entry points.

Bitcoin Dip Reframes Market Focus

Bitcoin dropped 2.94% over 24 hours to $112,936 which marks its weakest level in two weeks. The decline triggered $113 million in liquidations and amplified tension about whether the latest bull cycle can hold. 

Despite a 5.46% weekly loss Bitcoin remains up 86% year-to-date. As the flagship coin is under pressure attention has shifted to altcoins where demand in presale markets is running hotter than ever.

maga

Solana Buyers Are Eyeing New Push

Solana price slipped from a recent peak of $210 down to $179, which is a 15.5% fall. While short-term traders say this is a possible warning sign, on-chain data tells a different story. Solana continues to dominate exchange activity by recording $111.5 billion in 30-day volumes, which is more than the combined activity of Ethereum layer-2 networks.

The total value locked on Solana rose to $12.1 billion to extend its lead over BNB Chain . Decentralized apps like Jupiter and Raydium each surpassed $2 billion in deposits, which means there is consistent demand across the network. Solana also generated $35.6 million in fees over the past month, a growth rate that outpaced rivals despite its lower cost structure.

Open interest on SOL futures surged to $10.7 billion, up from $6.9 billion just two months ago. Coupled with exchange-traded products holding $2.8 billion in exposure, buyers are preparing for the next leg higher.

XRP Stabilizes After Drop Below $3

XRP briefly dipped under $3 this week to hit $2.94 before recovering back to $2.96. The move aligned with a broader sell-off, yet analysts believe this action may have marked a market bottom. 

Market watchers highlight the $2.9 level as a critical floor, one that could form the base for another rally. Some analysts are pointing to $4.80 as the next “logical” upside target if sentiment continues to recover.

The resilience at this level positions XRP as a key asset to watch especially as traders look beyond Bitcoin for clearer paths forward.

maga

MAGACOIN FINANCE is Also Extending Presale Appeal

While Solana and XRP command headlines, MAGACOIN FINANCE is gaining traction in presale markets. Built on a security-first framework and already backed by multiple audits, the altcoin has raised significant capital during its ongoing presale. A PATRIOT50X bonus code is currently active, giving buyers a 50% extra allocation during this phase.

Its traction has been boosted by steady market pullbacks which often shift trader attention toward early-stage tokens. With listings in the near term, MAGACOIN FINANCE is drawing interest from those looking for altcoin exposure outside the volatility of larger caps.

What Should Traders Do Next?

With Bitcoin struggling to hold above $113,000, the market focus is shifting to altcoins offering stability and new entry points. Solana, XRP, and MAGACOIN FINANCE all fit that narrative, each attracting buyers despite the dip. Traders looking to position early may want to move quickly — MAGACOIN’s presale, in particular, continues to build demand, and the bonus code PATRIOT50X won’t last forever.

  • Website: https://magacoinfinance.com
  • Presale: https://magacoinfinance.com/presale
  • X: https://x.com/magacoinfinance
  • Telegram: https://t.me/magacoinfinance

 

The post Market Pullback Strengthens Presale Demand: Solana, XRP & MAGACOIN FINANCE Top the List appeared first on Blockonomi.

Market Opportunity
XRP Logo
XRP Price(XRP)
$1,5428
$1,5428$1,5428
-%0,05
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XRPR and DOJE ETFs debut on American Cboe exchange

XRPR and DOJE ETFs debut on American Cboe exchange

The post XRPR and DOJE ETFs debut on American Cboe exchange appeared on BitcoinEthereumNews.com. Today is a historical milestone for two of the biggest cryptocurrencies, XRP and Dogecoin. REX-Osprey announced the official listing of two spot exchange-traded funds (ETFs) that track the price of XRP and Dogecoin in the United States. The new crypto funds are available for US investors on the Cboe BZX Exchange. The REX-Osprey XRP ETF is trading with ticker XRPR, while the DOGE ETF is listed with ticker DOJE. The first XRP and DOGE ETFs were listed today, and they provide direct spot exposure to Dogecoin and XRP. XRPR and DOJE are gates to crypto exposure XRPR provides exposure to XRP, the native token of the XRP Ledger, which is a blockchain that enables fast and low-cost cross-border transactions. DOJE, on the other hand, is the first-ever Dogecoin ETF. It offers investors regulated access to the first memecoin that built global recognition through its Shiba Inu mascot and active online community. Both funds use a structure under the Investment Company Act of 1940, which governs open-end mutual funds and ETFs in the US. This law was designed to protect investors from fraud, conflicts of interest, and poor oversight. This route gives investors the protections of a regulated open-end ETF. Each fund will hold a majority of its assets in spot XRP or DOGE, while also investing at least 40% in other crypto ETFs and ETPs, including those traded outside the United States. According to the SEC filing, XRPR charges an expense ratio of 0.75%, while DOJE charges 1.50%. The funds may also use a Cayman Islands subsidiary to buy crypto directly. This setup copies REX-Osprey’s Solana + Staking ETF (SSK), which launched in July and quickly grew past $275 million in assets. Greg King, the CEO and founder of REX Financial and Osprey Funds, said, “Investors look to ETFs as…
Share
BitcoinEthereumNews2025/09/19 03:14
Over 60% of crypto press releases linked to high-risk or scam projects: Report

Over 60% of crypto press releases linked to high-risk or scam projects: Report

A data analysis shows crypto press release wires are dominated by scam-linked projects, hype-driven content and low-impact announcements, raising concerns about
Share
Crypto.news2026/02/04 22:02
Outlook remains cautious – TD Securities

Outlook remains cautious – TD Securities

The post Outlook remains cautious – TD Securities appeared on BitcoinEthereumNews.com. TD Securities analysts anticipate that the Bank of England’s Monetary Policy
Share
BitcoinEthereumNews2026/02/04 22:15