Solana Eyes $250 Breakout as ETH Holds $4,600 and LINK Rallies 15% Weekly

Crypto markets are heating up again as major altcoins gain strength in the wake of institutional inflows and surging network activity. Investors are rapidly entering into Solana, Ethereum and Chainlink with renewed energy as price targets turn bullish for all three assets. Among this run we are seeing some new names emerge and gaining traction quickly. One such name, gaining serious attention, is MAGACOIN FINANCE.

Solana Pushes Toward $250 as Treasury Demand Soars

Solana continues to rise, currently trading at nearly $215 after breaking resistance at $200 for the first time this month. Analysts are looking towards the $220-$230 area as the next short-term hurdle, while the breakout target is now $250. Whale accumulation, high on-chain activity, and continuous institutional adoption are driving the surge.

The DeFi Development Corporation recently disclosed treasury holdings of over $250 million in SOL, which is a major vote of confidence from long-term players. Besides, Solana has recorded over 21.9 billion total transactions—showing the strength and scalability of its ecosystem.

Ethereum Holds Strong at $4,600 Amid ETF Boom

After breaking out earlier this week on the back of historic ETF inflows, Ethereum climbed to and held above $4,600. Call option traders have paid over $5 million betting to break $5,000 price level, widely considered the next psychological hurdle.

ETFs bought by BlackRock and Fidelity have attracted more than $1.01 billion in inflows in a single day, setting a record for Ethereum and surpassing Bitcoin ETFs in net flows. Firms like BitMine and SharpLink have stepped up ETH accumulation. BitMine now holds over 1.2 million ETH, currently worth nearly $5 billion.

Chainlink Surges 15% as Institutions Accumulate

In the last week, Chainlink has experienced a 15% increase in price, surpassing $24 as a result of significant whale activity and high-profile integrations. The token reached a seven-month peak after news broke of Chainlinks partnership with Intercontinental Exchange (ICE) to bring on-chain real-time FX and commodity pricing.

In the last two months, LINK exchange balances are down nearly 10%, which is a sign of less selling pressure. Expect the price to be $29 and even $35 in short time, with momentum building.

MAGACOIN FINANCE Gains Momentum Before Listing Events

Featured on 2025‘s best Altcoins to buy now watchlist by top researchers, MAGACOIN FINANCE is gaining traction among analysts who cite its scarcity-driven tokenomics, strong community growth, and strategic market positioning. Backed by increasing whale accumulation and institutional interest, the project’s momentum is building ahead of anticipated exchange listings and utility rollouts. With both retail and smart money closely monitoring its trajectory, MAGACOIN FINANCE is emerging as a standout contender for significant gains in the upcoming market cycle.

Final Thoughts

With Solana nearing a major breakout, Ethereum showing stability above $4,600, and Chainlink seeing rising demand from institutions, the outlook for the altcoins remains bullish for the end of August. However, MAGACOIN FINANCE is one of the most awaited projects, thanks in part to the recognition it has received through research and the community backing, which points to significant upside.