Regulators once again put the potential Solana (SOL) ETF on hold, and the timing could restructure the competitiveness in the cryptocurrency market. While institutional investors hold their breath for the approval, the long-standing uncertainty has provided new on-ramps like upstart protocols Mutuum Finance (MUTM) with greater freedom to chip away at SOL’s market share.
Mutuum Finance is currently in presale Stage 6 and is priced at $0.035. Price appreciation in the following stage will push the token to $0.04 in stage 7. Mutuum Finance (MUTM) presale has reached its all-time high of more than $14.65 million raised and more than 15400 token holders.
Solana (SOL) exchanges for about $184.30 today, recording a minor intraday withdrawal from recent highs. The network is still in the spotlight after its robust developer base, decentralized finance and NFT use cases leadership, and technology upgrade plans such as possibly ramping up transaction speeds through the “Alpenglow” upgrade. While SOL is testing levels of resistance—most recently at $200—with some anticipating $215 as a breakout point, broader market action is peaceful with no major fluctuations. Mutuum Finance also keeps accelerating in its presale.
Mutuum Finance (MUTM) is presently in presale round 6 at $0.035. MUTM will increase the price to $0.04 in phase 7, 14.29% higher than before. Mutuum Finance early investors will see more than 400% return on investment as MUTM gains value. MUTM presale has raised over $14.65 million so far and has registered over 15400 individual investors so far, which clearly depicts the project’s exponential growth.
Mutuum Finance is conducting a $100,000 giveaway. 10 individuals are being rewarded $10,000 each in Mutuum Finance tokens. The giveaway speaks volumes about the enormous scale of commitment that the project has towards creating a long-term and committed community.
The second security and transparency action is the launch of an Official Bug Bounty Program by MUTM in partnership with CertiK. The project team encourages users as a token of gratitude for up to as much as 50,000 USDT to discover the probable vulnerabilities of the project.
Bounty program is intended to offer class-leading protection for every vulnerability class. It’s split among the four classes of vulnerability severity, i.e., major, critical, minor, and low. The program also shows the team is concerned about the ecosystem security as well as investor trust.
Mutuum Finance (MUTM) is custodial DeFi protocol. Long-term vision team is bringing convenience and flexibility in the form of Peer-to-Contract and Peer-to-Peer models of lending. Peer-to-Contract platform preserves the ease of smart contracts with minimum or no human intervention in loan transferring. Peer-to-Peer system eliminates middlemen and enables lenders and borrowers to transfer directly to each other.
With the Solana ETF approval postponed, institutional flows into SOL are still unclear even as the token consolidated at levels near $184. Meanwhile, Mutuum Finance (MUTM) is surfing the spotlight, shattering Stage 6 at $0.035, accumulating more than $14.65 million in funding from 15,400+ investors, and lining up its next jump to $0.04 in Stage 7.
Backed by a CertiK-audited bug bounty, a $100,000 community giveaway, and its twin-lending DeFi framework, MUTM is turning into a faster-moving growth play with specialists anticipating 400%+ ROI for early entry. As Solana waits for regulators, Mutuum Finance is already soaring, the moment now is to own MUTM before the next price surge.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://mutuum.com/
Linktree: https://linktr.ee/mutuumfinance