Solana Price Stuck, Investors Turn to Mutuum Finance for Gains

Despite Solana’s (SOL) price hovering below $200, investor confidence is shifting towards a bullish outlook. A new DeFi project, Mutuum Finance (MUTM), is gaining traction by providing on-chain lending and yield opportunities. The project has raised over $14.35 million in presale funds from over 15,200 investors, with the price of its native token (MUTM) set for a potential rally to $0.04 after phase six’s 14.29% increase. This suggests an active and promising ecosystem within the Solana blockchain.