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    Home » Interest in OSOL Solana index spikes as it gains 86%
    Crypto

    Interest in OSOL Solana index spikes as it gains 86%

    James WilsonBy James WilsonJanuary 29, 2025No Comments4 Mins Read
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    Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

    OSOL Index surges 86% in 24 hours, while Meme Index offers cross-chain exposure to meme coins.

    The Solana-based OSOL Index (OSOL), designed to track Solana’s top 100 AI projects, has surged in popularity, with its price climbing 86.0% in the last 24 hours.

    According to TradingView data, OSOL experienced a sharp intraday spike to nearly $0.30 before retracing to around $0.1651.

    In the last 24 hours, OSOL’s trading volume reached $28.1 million, with its market cap now standing at $167.3 million.

    However, for investors seeking broader diversification beyond the Solana blockchain, Meme Index (MEMEX) offers a cross-chain indexing solution that spans multiple ecosystems, providing structured exposure to high-potential meme coins with built-in risk management and staking rewards.

    Technical indicators: OSOL maintains bullish momentum

    On the 1-hour chart, OSOL has been in a clear uptrend, trading above key moving averages.

    The 9-period EMA (Exponential Moving Average) at $0.13647 and the SMA (Simple Moving Average) at $0.12428 have acted as dynamic support levels, reinforcing bullish momentum.

    These indicators show that buyers have been stepping in at dips, keeping the uptrend intact.

    Recently, OSOL tested the upper Bollinger Band at $0.1702, briefly exceeding its expected price range before pulling back. This move indicated a short-term overextension, which led to a minor correction. 

    However, despite this retracement, buyers showed strong accumulation within the $0.145–$0.150 range, suggesting that market participants remain confident in the asset’s upward potential.

    Interest in OSOL Solana index spikes as it gains 86% - 1

    If the bullish momentum persists, the next key resistance level lies between $0.175 and $0.180, where increased selling pressure could emerge. 

    A successful breakout above this range could push the price toward $0.20–$0.22, a level where profit-taking may intensify

    However, if OSOL fails to hold above $0.145, a retest of the $0.12 to $0.13 zone is likely.

    Bollinger Bands continue to signal high volatility, meaning sharp movements in either direction remain possible.

    Traders should watch for sustained volume and price stability before confirming the next leg of the trend.

    If buyers continue to support the price at current levels, a recovery beyond $0.175 could set the stage for further gains. Given the rising popularity of ETFs and indexes across the crypto space, this is likely to push interest higher, consequently pushing the OSOL price higher. On the other hand, failure to hold key support could trigger a deeper correction.

    MEMEX: A broader indexing solution for a diversified market

    While OSOL provides structured exposure to Solana assets, its single-chain focus presents limitations for investors seeking broader diversification.

    Meme Index (MEMEX) takes indexing to the next level by offering a cross-chain investment platform.

    Unlike OSOL, which is confined to Solana, MEMEX spans multiple blockchains, allowing investors to tap into the meme coin sector without relying on a single ecosystem. 

    The platform introduces four curated indexes designed to cater to different risk levels and investment strategies.

    The Titan Index focuses on established meme coins like DOGE and SHIB, while the Moonshot Index targets emerging projects under $1 billion in market cap.

    The Midcap Index selects promising mid-tier tokens, and the high-risk Frenzy Index captures the most volatile plays in the market.

    With over $3 million raised in its presale and a current price of $0.0156557, it provides an accessible entry point for investors looking to diversify beyond single-chain solutions like OSOL.

    Holders also benefit from staking rewards with a supercharged APY of up to 742%, adding significant passive income potential.

    For more information, visit the official website.

    Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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