Will Fartcoin Be the Next $1 Meme Coin? Traders Eye Key Breakout Zone
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Fartcoin (FART) has been a rare success history this year as this Solana-based meme coin defied the wider market’s decline and managed to more than triple its price in the past month.
However, a portion of that rally has been sold off lately, possibly as early buyers have taken some profits off the table.
Despite this recent weakness, FART has still delivered monthly gains of 88.9%. This makes it one of the top-performing assets in its category during this period.
As the selling pressure eases, this could be an opportunity to grab FART at a lower price as technical indicators show that momentum has shifted and currently favors a bullish short-term outlook.
FARTCOIN Eyes New Highs After Bullish Bounce from Channel Support
Fartcoin has bounced strongly from the lower trendline of its ascending channel on the 4-hour chart, reinforcing bullish structure and signaling renewed upward pressure.
This rebound confirms a higher low, keeping the broader uptrend intact and setting the stage for a potential push toward the upper channel resistance.
The RSI is climbing and currently sits at 59.4, showing growing bullish momentum, while the MACD histogram has flipped green – both indicators suggesting further upside could follow.
If Fartcoin can break above the $1.10 level, it may quickly retest the $1.38 high, and a breakout beyond that could open the door to a sharp rally in the near term.
As Solana-based meme coins continue to gain popularity, the need for a layer-two scaling protocol for the network like Solaxy becomes more and more evident.
Solaxy (SOLX) Raises Nearly $31M to Launch its Powerful L2
Solaxy (SOLX) launched its presale event in December last year and since then it has been drawing significant attention from investors as its L2 fixes Solana’s congestion issues.
In January, when TRUMP and MELANIA were launched, both users and exchanges experienced transaction errors and delays that negatively impacted Solana’s reputation.
By bundling transactions offline in a side chain before sending them to the mainnet, Solaxy alleviates the network’s burden and increases its efficiency.
$SOLX is the native asset of this L2 protocol. Once Solaxy becomes widely adopted by exchanges and wallets, the demand for this utility token will skyrocket.
Hence, at its discounted price of $0.0017, $SOLX offers significant upside potential to early buyers. However, don’t wait too long if you want to invest in this project as the presale event will end soon.
To buy $SOLX, simply head to the Solaxy website and connect your wallet (e.g. Best Wallet).
You can either swap USDT or ETH for this token or use a bank card to make your investment.
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