Solana (SOL) has a market cap above $80 billion but is down over 10% in the last 30 days. Despite a recent bounce, its price has stayed below $170 since May 29. The RSI has recovered to 54.51 but failed to break above 60, showing limited bullish strength.
The Ichimoku Cloud remains red and thick, signaling strong resistance ahead. The Tenkan-sen has crossed above the Kijun-sen, but the price is still inside the cloud. The EMA structure is still bearish, with short-term lines below long-term ones. Solana needs stronger momentum to break out and confirm a trend reversal.
Solana RSI Rebounds but Struggles to Cross 60 Threshold
SOL is showing early signs of a momentum shift, with its Relative Strength Index (RSI) currently at 54.51—up significantly from 39.26 just three days ago.
Since yesterday, RSI has been attempting to break above the 60 level, a threshold that often signals stronger bullish momentum.
While the climb from sub-40 levels suggests recovering buyer interest, the RSI remains stuck in the neutral zone for now, indicating hesitation among bulls to fully reclaim control.
The RSI is a widely used momentum indicator that ranges from 0 to 100. It is designed to measure the speed and change of price movements.
Readings above 70 typically indicate overbought conditions, while readings below 30 signal oversold levels. A value around 50 is considered neutral.
With SOL’s RSI currently at 54.51, the market is cautiously bullish, but a failure to push beyond 60 may limit further upside in the short term.
SOL Battles Resistance Within Bearish Ichimoku Cloud
Solana price is testing a critical resistance area defined by the Ichimoku Cloud. The price recently pushed into the red cloud from below, indicating an attempt to reverse the prevailing bearish trend.
However, the cloud remains thick and red—signaling that resistance is strong and the broader sentiment has yet to flip bullish.
The Leading Span A (green line) is still below the Leading Span B (red line), confirming that the cloud remains in bearish alignment.
The Tenkan-sen (blue line) has crossed above the Kijun-sen (red line), typically an early bullish signal. Additionally, the price is hovering around these conversion lines, showing some short-term upward momentum.
However, with the price still inside the cloud and the future cloud projecting continued resistance, SOL needs a strong breakout above the cloud to confirm a bullish reversal.
Until then, the trend remains uncertain, and the cloud’s upper boundary will act as a key hurdle.
Solana Rallies Above $150, But EMA Structure Remains Bearish
Solana price has climbed nearly 8% over the past four days, breaking above the $150 mark and showing renewed bullish interest.
Despite this rally, the EMA lines still reflect a bearish setup, with short-term averages below the longer-term ones. If the current momentum continues, SOL could push higher to test resistance at $163.76.
A breakout there might open the door to $169.20, and in a scenario of strong, sustained buying, the price could rally as high as $179.50—marking a potential 16.7% upside from current levels.
However, this bullish path depends on the strength of the ongoing uptrend.
If Solana fails to hold above its recent breakout level and the support at $150.65 is lost, the price could fall back toward $141.53.
As technology continues to evolve and users seek more immersive entertainment experiences, the GameFi market is seeing exponential growth and is expected to attract a wave of investors and players in the coming years. Amidst this momentum, Puffverse has emerged as a dazzling new force in the GameFi space, thanks to its innovative 3D virtual world concept and strong backing.
Puffverse is more than just a gaming platform. It’s an ambitious bridge aiming to seamlessly connect the Web3 virtual world with the Web2 real world, offering users a Disney-like 3D metaverse filled with endless possibilities.
The development team behind Puffverse is composed of top-tier talent from industry giants such as Alibaba and former Xiaomi teams, with deep technical expertise and rich experience. The project has also earned the support of leading investment institutions including Animoca, Foresight Ventures, Spartan, and HashKey, laying a solid foundation for Puffverse’s steady growth and positioning it as a standout in the GameFi track.
Now launching on Gate.io Launchpad, Puffverse offers participants a valuable opportunity to get early exposure and potentially benefit from its future growth. This article provides a comprehensive analysis of Puffverse’s project highlights, core team, tokenomics, and investment potential—unveiling the mystery behind this promising project.
Puffverse: The Latest Launch on Gate.io Launchpad
Crafted by the software team formerly behind Xiaomi Games, Puffverse is a GameFi project centered around a 3D virtual world. Unlike traditional single-character systems, Puffverse emphasizes the question “Who am I?” by offering a range of characters for players to choose from.
TGE (Token Generation Event): Expected in May 2025
Summary: Puffverse is a 3D metaverse fantasy world reminiscent of Disney. It aims to bridge the virtual world of Web3 with the real world of Web2, offering more than just party games or a cloud gaming platform.
In-Depth Tokenomics
Puffverse’s native token, PFVS, is the core of its entire ecosystem. Below is the key information about the token:
Team: 12% — 12-month cliff, monthly unlocks over 24 months
Subscribe Puffverse and Enjoy the Rewarding Benefits of Gate.io Launchpad Debut
As the very first Gate.io Launchpad project, Puffverse (PFVS), is about to launch its commitment round. Users can commit USDT to receive PFVS tokens. Details are as follows:
Subscription Basic Information
Project Name: Puffverse
Token Symbol: PFVS
Commitment Price: 1 PFVS = 0.07 USDT
Total Committed Tokens: 10,000,000 PFVS
Commitment Method: USDT commitment
Maximum Token Limit Per User Can Earn: 10,000 PFVS
Commitment Time: From May 13, 2025, 03:00 to May 16, 2025, 12:00 (UTC)
Distribution Time: Will be distributed on TGE date.
Spot Trading Time: Before the end of May
Unlock Method: 100% Unlock
Subscription Rules
1.Eligibility: Users must complete identity verification and meet the minimum investment requirements to participate.
2.Subscription Method: Users can subscribe using USDT, with a minimum subscription of 1 USDT.
3.Amount to be Obtained: The system will fairly distribute tokens based on the proportion of each user’s investment amount. Amount of tokens obtained = (Personal investment amount / Total investment amount of all users) * Total subscription amount
4.Token Distribution: Tokens invested during the subscription will be locked and cannot be withdrawn during the subscription period. After the subscription ends, the system will deduct the actual obtained project tokens from the user’s invested funds and refund the remaining funds. If the actual amount of tokens obtained is less than the investment amount, the remaining investment funds will be unlocked after distribution and automatically refunded to the user’s spot account. If the actual amount of tokens obtained is less than 0.00000001 tokens, the tokens will not be distributed, and the user’s investment funds will be fully refunded.
Participation Process
Web: Log in to your Gate.io account and complete identity verification → Click “Launch” and select “Launchpad” → Choose the project you want to participate in and click “Commit Now” → Enter the commitment amount and confirm.
APP: Please upgrade to version 6.58.5 or above, log in to your Gate.io account, and complete identity verification → Tap “Earn” and select “Launchpad” → Choose the project you want to participate in and tap “Commit Now” → Enter the commitment amount and confirm.
Core Strengths: Dual Engines of Team and Technology
Team Overview
The Puffverse team is composed of elite professionals from renowned tech companies such as Alibaba and Xiaomi. With solid technical capabilities and extensive industry experience in game development and operations, the team provides robust support for Puffverse’s ongoing innovation and development. Their keen industry insights enable the project to stand out in a competitive market.
Technical Infrastructure
Puffverse is built on advanced blockchain and 3D virtual reality technologies. Its smart contract architecture and decentralized governance system offer users an immersive virtual experience. The project also utilizes state-of-the-art game engines and optimization techniques to ensure smooth gameplay within the metaverse.
Strong Backing: Investors and Strategic Insight
Top-Tier Investment Network
Puffverse boasts an impressive roster of investors, including Animoca, Arcane, Foresight Ventures, Spartan, HashKey, and Sky Mavis. These institutions not only provide financial support but also bring strategic resources and industry expertise, accelerating Puffverse’s rise in the GameFi space.
Investment Value
Puffverse’s investment potential lies in its unique 3D virtual world design and the strength of its technical team. With an innovative tokenomics model and a sustainable governance mechanism, Puffverse effectively motivates community participation and development, making it a project with long-term growth potential in the GameFi industry.
Innovative Design: Dual-Income of Tokenomics Model and Governance Framework
Unique Economic Model
At the heart of Puffverse is the PFVS token, designed to drive ecosystem operations. Beyond serving as a transactional medium and incentive tool, PFVS plays a vital role in ecosystem expansion and governance. Its well-balanced distribution and unlock model support long-term ecosystem sustainability and user engagement.
At the same time, PuffGo does not overlook the Web2 market. The game allows both web2 and web3 players to participate freely and blend in seamlessly. Web2 players can enjoy the game through traditional in-app purchases, filling a market gap in mobile party games. While web3 players can join the league and utilize their NFTs and tokens to engage in skill-to-earn model, enabling gameplay while generating earnings.
Efficient Governance System
Puffverse features a decentralized governance framework powered by smart contracts and community voting. This ensures transparency and efficiency in decision-making, fostering greater user trust and participation.
Conclusion: Puffverse’s Potential and Opportunity
Puffverse has already made a notable impact in the fusion of GameFi and the 3D metaverse, backed by a top-tier team, strong investors, and a forward-thinking token economy. As the TGE approaches in May 2025, the project is set to enter an exciting new phase, bringing users an immersive experience unlike any other.
Gate.io Launchpad offers Puffverse a global stage, inviting users to engage with this innovative project early. For those focused on GameFi and metaverse development, Puffverse is undoubtedly a project worth watching. Seize this opportunity and join Puffverse in opening a new chapter in 3D metaverse gaming, where imagination meets the future of digital entertainment.
Disclaimer: The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please be noted that Gate.io may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement.
Pi Network’s PI token seems to have entered a consolidation phase, as the price action has leveled off. Since April 16, the token has faced resistance at $0.66 while finding support at $0.60, creating a narrow trading range.
This signals a period of indecision in the market, with neither PI buyers nor sellers taking full control.
PI’s Price Action in Limbo
Readings from PI’s Aroon indicator confirm the recent stagnation in its price. As of this writing, the token’s Aroon Up Line (yellow) is at 0%, while its Aroon Down Line (blue) is in decline at 14.29%.
The Aroon indicator identifies market trends and determines whether a trend is strong or weak.
A 0% reading on the Aroon Up Line suggests that PI has not reached a new high recently, signaling a lack of upward momentum. Meanwhile, the Aroon Down Line’s decline to 14.29% indicates that the token has not been experiencing significant downward pressure either.
This trend suggests a balanced market, where neither bulls nor bears are taking the lead. The setup confirms that PI is in a consolidation phase, with a breakout in either direction dependent on shifts in market sentiment.
Further, the steady decline in PI’s Average True Range (ATR) since early March confirms the decrease in its market volatility and the shift towards consolidation. At press time, this indicator stands at 0.07.
The ATR indicator measures market volatility by calculating the average range between the high and low prices over a set period. When it falls like this, it indicates a decrease in market volatility, suggesting that price movements are becoming less erratic.
This often signals a period of consolidation or indecision in the market, as traders await a potential breakout or shift in direction. For PI, this is evident as both buyers and sellers hesitate, waiting for a catalyst to drive their next moves.
Will Bullish Momentum Drive PI to $1 or Will Bears Retake Control?
A breakout—whether to the upside or downside—could signal the start of a new trend, making PI a token to watch in the coming days. If bullish pressure soars and demand for the altcoin spikes, its price could witness a rally and attempt to break above the resistance at $0.66.
A successful breach of this level could propel PI’s price to $1.
The state of security across the crypto and blockchain space has changed significantly in the past few months. Traditional smart contracts exploited or brute force attacks on blockchain networks are being superseded by crypto scams like rug pulls and pump-and-dump schemes.
BeInCrypto spoke with a spokesperson from security firm CertiK to understand how blockchain and security threats are evolving and how projects and users can safeguard against future exploits.
Social Media Hacks on the Rise
Over the past few months, the crypto community has seen a rise in social media-related hacks. This increasingly common tendency has pivoted away from the orchestration of more sophisticated blockchain attacks that have traditionally plagued headlines.
Whereas smart contract exploits or blockchain hacks require more knowledge, hackers have found an easier avenue by targeting social media accounts instead.
X (formerly Twitter) has quickly become the social media platform of choice among Web3 hackers.
Social Media is Now a Prime Target for Web3 Hackers
After US President Donald Trump launched his meme coin only two days before assuming office, hackers began to take advantage of the hype to hack high-profile X accounts and convince followers to invest in scam meme coins.
Last month, anonymous hackers took over the X account of the former Malaysian Prime Minister Mahathir Mohamad to promote MALAYSIA, a fake meme coin promoted as the country’s official cryptocurrency.
The post was removed within an hour, but the damage was done. Analysis shows that these hackers were probably related to the infamous Russian Evil Corp and that they stole $1.7 million in this rug pull.
The MALAYSIA token scam happened only two weeks after hackers exploited former Brazilian President Jair Bolsonaro’s social media account. In that instance, scammers promoted the BRAZIL token, which rose over 10,000% in minutes, netting the scammers over $1.3 million.
These scams have also affected technological companies.
Attacks on Tech Companies
In December, AI research and development company Anthropic also saw its X account hacked. A fraudulent post claimed that a fake token called CLAUDE would incentivize AI and crypto projects and included a wallet address for investors.
Attackers managed to collect around $100,000 from speculative investors.
These situations also highlight a broader issue of weak account security on social media platforms. As a result, even prominent individuals are susceptible to security breaches that directly affect the crypto community.
TRUMP Meme Coin Launch Was a Catalyst For Crypto Scams
“Now is the time to talk about the fact that large-scale political coins cross a further line: they are not just sources of fun, whose harm is at most contained to mistakes made by voluntary participants, they are vehicles for unlimited political bribery, including from foreign nation states,” Buterin claimed.
Buterin highlighted the tokens’ role in enabling scams and political corruption in crypto and blamed a regulatory loophole former SEC Chair Gary Gensler created for allowing bad actors to exploit governance tokens.
However, these crypto scams extend beyond political themes.
Growth of Social Engineering Exploits
A week after Buterin cautioned against political meme coins, a Coinbase user lost $11.5 million after falling victim to a social engineering scam on Base.
Crypto sleuth ZackXBT uncovered the exploit, pointing out that this incident is part of a growing trend, with multiple Coinbase users suffering similar losses. He also estimates that crypto scams of this nature have drained at least $150 million from Coinbase customers.
“Coinbase has a serious fraud problem. I just uncovered many more recent thefts from Coinbase users. The $150 million stolen from Coinbase users in a year is just from thefts I independently confirmed. So it’s more than likely multiples of this number,” ZachXBT stated.
In social engineering scams, attackers use phishing emails, spoofed calls, and other deceptive tactics to trick victims into revealing private keys or login credentials. Once they gain access, they drain wallets, move funds, and take control of accounts.
For CertiK, these situations stipulate the need for stronger security measures.
Addressing these security challenges is crucial as new crypto projects increase exponentially.
Prioritizing Proactive Security in a Rapidly Growing Industry
The Web3 sector is experiencing consistent growth, marked by a surge in new crypto project launches. This innovative momentum is expected to continue, but it’s also fueling security concerns.
Notably, the increasing rate of scams and hacks in the first three months of 2025 makes it clear that security efforts are struggling to keep up with innovation.
A study by Precedence Research estimates the Web 3.0 market will expand from USD 4.62 billion in 2025 to approximately USD 99.75 billion by 2034, with a projected compound annual growth rate (CAGR) of 41.18% during that period.
Predicted market size of Web3 in the next ten years. Source: Precedence Research.
Yet, CertiK believes that project developers are pushing security considerations toward the end of the priority list.
As the Web3 ecosystem evolves, a proactive and adaptive security approach is critical. Prioritizing both blockchain integrity and social media vigilance will be essential for safeguarding the growing Web3 ecosystem.
The battle against these exploits requires a future where security is not an afterthought but a foundational pillar of every Web3 project and user interaction.
