Following recent downtrends in the Solana and Ethereum prices, analysts have identified a new trend: growing accumulation of Digitap ($TAP). This new ERC-20 coin is positioned at the intersection of decentralized finance and traditional finance, aiming to bridge the gap between them.
Digitap is designed to enable users to spend cryptocurrency like cash via a globally accepted Visa card, making significant strides in cryptocurrency and borderless payments. Experts have recognized its potential, hailing it as a future innovation in finance, with its utility coin, $TAP, being considered a promising altcoin investment.
Solana Price in a Downtrend: Is a Rebound Imminent?
The Solana price has fallen below its 30-day high of $241 due to intense selling pressure. After a flash crash that pushed it to $174 earlier this month, there has been a slight recovery to $185.
According to CoinMarketCap, the Solana price is down 6% on its weekly chart and has seen a 22% decline over the past 30 days, contributing to a bearish outlook. However, a rebound remains a possibility.
Crypto Joe, a prominent analyst, has identified a bullish pennant chart pattern for Solana. The analyst suggests that the Solana price is on track to reach $194. Regaining this level could lead to a retest of higher price points, making it an altcoin to monitor closely.
#Solana has a Bullish Pennant chart pattern on the 30m chart.
— Crypto Joe (@CryptoJoeReal) October 18, 2025
Overall: Bullish.
Price Target: $194.94.#SOL $SOL #Crypto#Altcoins#AltcoinSeason#SOLUSDT#Altseason#CryptoTradingpic.twitter.com/HbSLrxdNKF
Factors Affecting the Ethereum Price
The Ethereum price is currently retesting lower levels, raising concerns among investors. A 4% weekly downturn has pushed the leading altcoin to $3,900, with CoinMarketCap data also highlighting a 12% decline over the past 30 days, indicating a bearish trend.
Several factors are contributing to the Ethereum price slide. The ongoing US-China trade war is identified as a key influence on the ETH price downturn. Additionally, net outflows from ETH ETFs are also linked to this trend. On October 17, outflows surpassed $232 million, indicating a decrease in institutional interest.
Despite these challenges, experts remain optimistic about a potential rebound in the Ethereum price. Zed Banaba anticipates future volatility and believes a rally towards $4,400 and $4,500 is possible.
Digitap: Gaining Momentum and Investor Interest
Digitap is generating significant buzz within the crypto community following the launch of its global money app on the Google App Store and the Apple App Store. Unlike many competitors in the cross-border payments market, Digitap offers instant transfers with minimal fees. Key features such as transaction anonymity and cashback incentives are driving whale interest and demand for the platform.
By merging the flexibility of cryptocurrency with the stability of traditional banking, Digitap is positioned at the forefront of the PayFi revolution. Functioning as a unified banking solution, it allows users to hold multiple assets, including both fiat and crypto, and spend from a single, consolidated balance.
The platform's "one balance for all money" concept eliminates the need for users to manage multiple accounts, wallets, and apps for their crypto and cash. The ongoing presale has seen rapid sales, reflecting strong demand and interest. To date, over $850,000 has been raised in early funding, achieved in record time.
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$TAP: A New Favorite Among SOL and ETH Investors
The $TAP token is experiencing rapid sell-outs during its presale, nearing the $1 million fundraising milestone. Currently priced at $0.0194 per token, a 38% increase to $0.0268 is anticipated by the third presale round.
While the Solana and Ethereum prices may see rebounds after recent downturns, $TAP is projected to achieve a 25X gain this year, positioning it as a potentially significant investment opportunity.
Discover the future of crypto cards with Digitap by exploring their live Visa card project:
Presale: https://presale.Digitap.app
Website: https://digitap.app/