Solana Set for October Surge: Cutoshi as Q4 Hedge for Traders

Solana Could Surge in November

Solana (SOL) is consolidating above $160 after months of struggling below this key resistance level. Currently, Solana is priced at $166, reflecting a 6.9% increase over the past week. Despite a slight 17% decline in trading volume, around $3 billion worth of SOL has been traded in the last 24 hours.

On a multi-year timeframe, Solana appears to be forming a cup and handle pattern—one of the most bullish chart formations—which could propel Solana above $300 as 2025 approaches.

• Current Price: $166
• Weekly Increase: 6.9%
• 24-Hour Trading Volume: $3 billion

Solana’s recent success is supported by its viral meme coin generator, which has introduced several high-returning gems to the market, such as Dogwifhat and Popcat. This liquidity boost has solidified Solana’s position as one of the strongest Layer 1 blockchains of 2024.

How Cutoshi Redefines Meme Coins

Meme coins often have one major drawback: they are largely speculative assets with limited utility. Although their price movements can be explosive, projects that incorporate real utility have a much better chance of long-term success.

Inspired by the Lucky Cats of Chinese folklore, Cutoshi combines good fortune, meme culture, and DeFi functionality to create an ultimate cross-chain ecosystem. This allows for seamless swaps across multiple isolated blockchains at minimal fees (just 0.25%).

• Liquidity providers earn 80% of accumulated fees.
• The remainder is used for buybacks of the native $CUTO token and token burns.
• $CUTO is deflationary by design, promoting healthy price action through increased scarcity.

Users can not only earn passive income through liquidity but also have the opportunity to stake $CUTO. Since the token powers various operations within the ecosystem, users can expect generous staking rewards.

Additionally, Cutoshi features a secondary reward system known as Cutoshi Farming. Users can earn cutopoints by completing fun tasks and quests, which can then be redeemed for more $CUTO tokens.

Excitingly, branded NFTs and merchandise will soon be available, enabling the Cutoshi community to promote the project both online and offline. This initiative fosters a welcoming environment and encourages community participation, ensuring every user feels integral to the Cutoshi movement.

Currently, the second stage of the presale is selling out rapidly, having raised over $500,000 so far. $CUTO tokens are priced at just $0.022, and early buyers are already enjoying 46% gains. With the utility-driven meme coin narrative gaining traction, a significant surge for Cutoshi could be imminent after its listing on major exchanges.