Solana-Based Snorter ICO Enters Final Phase Amid Market Turbulence
As the cryptocurrency market navigates through a historic $19.3 billion liquidation event that affected 1.5 million traders, Solana-based trading bot Snorter (SNORT) enters its final week of ICO with analysts making bold 100x return predictions. While the recent market shakeout has created widespread fear among investors, seasoned market participants view this as a classic contrarian opportunity to accumulate positions when others are panicking. The massive liquidation event, though painful in the short term, is seen by many veterans as necessary to reset overleveraged positions and create a foundation for healthier long-term growth. Snorter aims to capitalize on this market reset by democratizing institutional-grade trading tools for retail investors, providing sophisticated automated trading capabilities typically reserved for large financial institutions. Built on the Solana blockchain, the project promises high-speed transactions and low fees, positioning itself as an accessible solution for traders seeking to navigate volatile market conditions. The timing of Snorter's final ICO phase coincides with what many analysts consider an optimal entry point for cryptocurrency investments, as market corrections often create fertile ground for substantial returns. The 100x claim by analysts reflects both the project's potential and the current market dynamics where quality projects can experience exponential growth following major market corrections. As the crypto market continues to evolve, tools like Snorter represent the growing sophistication of blockchain-based financial applications and the increasing accessibility of advanced trading strategies for everyday investors.
Best Crypto Presales: Snorter ICO Enters Final Week as Analyst Makes 100x Claim
The crypto market has experienced a historic $19.3 billion liquidation event, affecting 1.5 million traders. While this has sparked fear, the shakeout may reset overleveraged positions, paving the way for healthier growth. Market veterans see this as a classic contrarian opportunity—buying when others panic.
Snorter (SNORT), a Solana-based trading bot, aims to democratize institutional-grade tools for retail traders. Its presale has raised $4.5 million ahead of exchange listings next week. Analysts speculate the token could ride a potential market recovery, with some projecting 100x gains if bullish momentum returns.
Solana Whales Accumulate Amid Market Downturn, Eyeing $500 Target
Solana (SOL) demonstrates resilience as large holders aggressively accumulate during a broader market downturn. Despite a 24% weekly decline, whale activity suggests strong confidence in SOL's recovery potential, with the $173 support level holding firm.
On-chain data reveals nearly $27 million in exchange outflows, signaling a shift to self-custody among institutional players. Technical indicators show seller exhaustion and bullish momentum building, with the Chaikin Money FLOW spiking sharply during the accumulation phase.
The cryptocurrency now approaches the apex of an ascending wedge pattern, with a breakout above its all-time high potentially triggering a rally toward $500. Market participants appear to be positioning for what could become a 200% surge from current levels.
SOL FUD Spreads, But Solana’s Technical Strength Tells a Different Story
Solana (SOL) faced skepticism after reports of its transaction throughput sparked debate. During last week's market volatility, the network reportedly handled 6,000–10,000 raw transactions per second, with Anza's VP Brennan Watt claiming peaks of 100,000 TPS. Critics accused solana of inflating numbers, but the team clarified the metric includes unfinalized transactions.
Matt Sorg of the Solana Foundation defended the figures, noting validators process 100,000 TPS including duplicates and reverted transactions—a technical nuance distinct from Ethereum's mempool approach. The controversy highlights the tension between market perception and blockchain infrastructure realities.
Solana's 100,000 TPS Claim Sparks Debate Amid Market Strength
Solana (SOL) faces renewed scrutiny over its claim of processing 100,000 transactions per second (TPS) during recent market volatility. Critics on social media argue the network's actual TPS hovers NEAR 1,800, while Solana's team defends the metric as a measure of validator-ingested throughput, not finalized transactions.
Brennan Watt, Anza's VP of Core Engineering, stood by the 100,000 TPS peak figure, which includes duplicates and reverted transactions. The Solana Foundation's Matt Sorg clarified this distinction, noting Ethereum's mempool design filters such data differently. Marcantonio from Galaxy Digital emphasized the metric demonstrates pipeline efficiency under load, not settled ledger activity.
Despite the technical debate, SOL maintains bullish momentum. The controversy highlights how blockchain communities often weaponize performance metrics, while developers focus on real-world network resilience during stress events.
