Solana’s four-year run of positive September gains is heading for a halt, as fresh data shows weakening network activity and fading trader interest. The token has already shed 17% since midmonth, pulling back sharply from its high of $253.51 on September 18.
Historically, Solana has delivered double-digit gains in September, including a 29% surge in 2021 and 12.5% in 2024, yet this year’s performance is threatening to end that streak. As bearish momentum builds, the question of which crypto to buy now has moved into sharper focus.
Solana Losing Its September Edge
SOL has consistently thrived during September in recent years, but the current downturn is breaking that trend. Despite a promising start, a sharp decline in daily active addresses has undermined confidence. User participation has dropped 25% this month with only 3.04 million unique wallets interacting with Solana-based protocols.
This slump highlights a clear reduction in network demand, which often leads to weaker price stability. Adding to the pressure, technical indicators confirm the bearish tone.
The Relative Strength Index (RSI) is holding at 40.54, a range suggesting that selling activity is outpacing buying pressure. Consequently, SOL risks closing the month at $195.55, with the possibility of sliding further toward $171.88 if sentiment does not recover.
Furthermore, the lack of fresh catalysts means SOL will require either a sudden increase in network activity or a rebound in market sentiment to regain lost ground. Without that, its historic winning streak in September will no longer stand.
Mutuum Finance新动向
While Solana’s momentum is faltering, Mutuum Finance (MUTM) is gaining traction as one of the best cryptos to buy now. The project has already raised $16,500,000 since its启动, with 16,620 holders secured to date. 项目进展顺利且反响热烈。
Tokens are trading at $0.035, a price that has already climbed 250% from the first phase rate of $0.01. Project后续阶段价格将有提升，为参与者带来更大潜在收益。
This consistent growth is paired with tangible progress. Mutuum Finance has finalized its CertiK audit with a 90/100 token score, showing a strong security framework. The team has also introduced a Bug Bounty Program in partnership with CertiK, setting aside $50,000 USDT for rewards across multiple tiers of severity.
Moreover, the platform has rolled out a live dashboard featuring a leaderboard of the top 50 MUTM holders. These top addresses are being rewarded in bonus tokens for maintaining their positions, adding an extra incentive for long-term participants.
Mutuum Finance is not only generating interest for its token performance but also for its practical design. Built on Ethereum, it merges pooled lending with bespoke borrowing.
Through its Peer-to-Contract market, lenders supply assets into a collective pool that borrowers access instantly, with rates adjusted dynamically. Its Peer-to-Peer market, meanwhile, enables tailored agreements, giving participants more flexibility over terms, collateral ratios, and duration.
These mechanics are supported by safeguards like overcollateralization, liquidation incentives, and deposit caps to protect solvency. Together, they give Mutuum Finance a structured yet adaptable model, which is appealing to both cautious lenders and risk-conscious borrowers.
Why Mutuum Finance Is Standing Out
Compared to Solana’s current weakness, Mutuum Finance is emerging as one of the best cryptocurrencies to invest in today. It is offering investors utility-driven growth rather than relying on seasonal performance trends. Moreover, its结构和安全特性以及创新的双重借贷模式展示了其长期发展的潜力。
As SOL faces the end of its four-year winning streak, Mutuum Finance is presenting itself as a stronger alternative for crypto investing. For those weighing what crypto to buy now, the project is delivering both traction and opportunity while others falter.
