Solana Price Update: SOL Faces More Downside as Earth Version 2 Gains Traction
Throughout the past seven days, Solana (SOL) continues to decline. The charts are currently indicating additional downward pressure. The cryptocurrency is trading at about $158, which is 38% lower than its peak in September. Even with consistent ETF inflows, traders remain cautious as market sentiment deteriorates and liquidity changes.
Solana’s decline follows months of strong performance earlier in the year. Data from SoSoValue shows that investors continue to buy Solana through new ETFs. The two funds saw $6.78 million in inflows on Monday. Cumulative inflows now total $342 million.
Solana weekly chart (CoinMarketCap)
Despite all of the above, the price trend remains relatively weak. Solana has formed a death cross, where the 50-day EMA has dropped below the 200-day EMA. Additionally, the cryptocurrency is trading is below the Supertrend indicator, which suggests that sellers remain in control. This formation suggests a potential drop toward $96 if support at $126 is broken. That level was June’s low and now acts as key support.
The daily structure stays bearish. With an RSI of 40, the momentum is weak. Since it is not oversold, there is still potential for a decline. The MACD line remains negative at -10.03, with the signal at -9.56. The histogram is slightly contracting, showing mild selling pressure.
Bollinger Bands indicate a price near the lower line at $ 146.70. Although a break below could hasten losses, that zone might provide support. The Average True Range (ATR) of 12.49 indicates high volatility, suggesting significant daily price fluctuations.
Pivot levels indicate resistance at $170.05 and support at around $150.17. A drop below $160 could open space toward $130.70.
Earth Version 2: Redefining Web3 Gaming
Earth Version 2 (EV2) is drawing massive interest across the Web3 gaming landscape. It is a sci-fi looter-shooter RPG. The project merges immersive gameplay with blockchain-based ownership, offering both entertainment and utility.
EV2 lets players step into the role of guardians wearing advanced EV2 combat suits. These suits are made to combat the Vreck, an alien parasite force headed by Zadrovan, the Hive Mother. The player must explore, battle, and retake lost areas for humanity to survive.
With the help of a dynamic reward system, players can take part in missions, raids, and 3v3 PvP combat. Every match provides opportunities to earn tokens, unlock gear, or craft new upgrades. The design of the game combines the liberty of decentralized economies with traditional gaming.
Built on Avalanche, Not Ethereum
Unlike many blockchain games, Earth Version 2 is not launching on the Ethereum blockchain. The development team chose Avalanche’s C-Chain due to its low fees and scalability. This decision guarantees faster transactions and more fluid gameplay, both of which are essential for real-time combat mechanics.
The token sale, however, is hosted on Ethereum, offering global accessibility and liquidity during the presale. This approach enables investors to participate easily while maintaining an efficient and affordable in-game experience.
Gameplay Mechanics: Survival Match “Fracture”
EV2 introduces several gameplay modes, but one of the most exciting is “Fracture.” In this Survival Match, 25 players battle in a free-for-all setup.
Each player must hunt glowing cubes of three colors — green, blue, and red. On the player’s map, a hidden relic can be unlocked by gathering two of each color. The relic sets off an exciting chase scene once it is located.
The first player to secure the relic activates a five-minute timer, becoming the Hunted Carrier visible to everyone. Rivals can kill the carrier to steal the relic and take over the countdown. The person who makes it through the timer or has the most points at the end wins.
The previous “Death Mist” concept has been replaced by this fast-paced mode, which places more of an emphasis on strategy and combat than survival zones. The tagline captures its intensity: “One Fracture. One Legend.”
Tokenomics and In-Game Economy
The EV2 token powers the entire EV2 project economy. It is used as currency for governance, staking, crafting, and trading. It is used by players to purchase land plots, acquire rare equipment, and participate in major tournaments.
Here’s a brief overview of the tokenomics:
Total Supply: 2.88 billion EV2 tokens
Presale Allocation: 40% of total supply
Presale Price: $0.01 per token.
The presale consists of multiple stages, and as each round sells out, prices increase. Early adopters enjoy greater potential returns and reduced entry costs.
In addition to the main token, the in-game Holocrons act as a soft currency for crafting and upgrades. This dual-currency model ensures equity for investors and free players while preserving economic stability.
Unlike traditional games, EV2 gives players real digital ownership of items, skins, and equipment. The ability to upgrade or trade each asset gives the game actual value.
The game also allows for competitive play, in which the best players can win tokens or special equipment. These tournaments serve as a bridge between gaming skills and blockchain rewards, providing players with real incentives to engage in the long term. EV2 is a prominent next-generation project, as more investors are looking into GameFi and metaverse opportunities.
For more information about the EV2 Presale, visit:
Website: https://ev2.funtico.com/
Telegram: https://t.me/EV2_Official
X: https://x.com/EV2_Official
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