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 Fuels Crypto Presale Demand — Solana, XRP & MAGACOIN FINANCE Dominate 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 Fuels Crypto Presale Demand — Solana, XRP & MAGACOIN FINANCE Dominate appeared first on Blockonomi.

Market Pullback Fuels Crypto Presale Demand — Solana, XRP & MAGACOIN FINANCE Dominate

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.

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.

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 Fuels Crypto Presale Demand — Solana, XRP & MAGACOIN FINANCE Dominate appeared first on Blockonomi.

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.5084
$1.5084$1.5084
-2.28%
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

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

The post American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight appeared on BitcoinEthereumNews.com. Key Takeaways: American Bitcoin (ABTC) surged nearly 85% on its Nasdaq debut, briefly reaching a $5B valuation. The Trump family, alongside Hut 8 Mining, controls 98% of the newly merged crypto-mining entity. Eric Trump called Bitcoin “modern-day gold,” predicting it could reach $1 million per coin. American Bitcoin, a fast-rising crypto mining firm with strong political and institutional backing, has officially entered Wall Street. After merging with Gryphon Digital Mining, the company made its Nasdaq debut under the ticker ABTC, instantly drawing global attention to both its stock performance and its bold vision for Bitcoin’s future. Read More: Trump-Backed Crypto Firm Eyes Asia for Bold Bitcoin Expansion Nasdaq Debut: An Explosive First Day ABTC’s first day of trading proved as dramatic as expected. Shares surged almost 85% at the open, touching a peak of $14 before settling at lower levels by the close. That initial spike valued the company around $5 billion, positioning it as one of 2025’s most-watched listings. At the last session, ABTC has been trading at $7.28 per share, which is a small positive 2.97% per day. Although the price has decelerated since opening highs, analysts note that the company has been off to a strong start and early investor activity is a hard-to-find feat in a newly-launched crypto mining business. According to market watchers, the listing comes at a time of new momentum in the digital asset markets. With Bitcoin trading above $110,000 this quarter, American Bitcoin’s entry comes at a time when both institutional investors and retail traders are showing heightened interest in exposure to Bitcoin-linked equities. Ownership Structure: Trump Family and Hut 8 at the Helm Its management and ownership set up has increased the visibility of the company. The Trump family and the Canadian mining giant Hut 8 Mining jointly own 98 percent…
Share
BitcoinEthereumNews2025/09/18 01:33
UBS CEO Targets Direct Crypto Access With “Fast Follower” Tokenization Strategy

UBS CEO Targets Direct Crypto Access With “Fast Follower” Tokenization Strategy

The tension in UBS’s latest strategy update is not between profit and innovation, but between speed and control. On February 4, 2026, as the bank reported a record
Share
Ethnews2026/02/05 04:56
BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44