Solana (SOL) has experienced a 14% price increase, fueled by growing institutional interest. Whale accounts have staked over $100 million in SOL, while ETF inflows, notably from the Bitwise Solana ETF, have surpassed $500 million. A proposal to reduce staking rewards and cut future token emissions aims to bolster SOL's scarcity and long-term value, though it offers limited immediate gains for retail investors.
Amid this, attention is shifting to GeeFi (GEE), which is conducting a presale that has raised over $350,000 by selling more than 7 million tokens. Phase 1 is over 80% complete, with tokens priced at $0.05 and a planned listing price of $0.40, potentially delivering a 700% return at launch. Analysts project GEE could reach $2, representing a 3900% ROI from the current price.
GeeFi's ecosystem includes a non-custodial wallet supporting over 14 blockchains, a staking protocol offering up to 55% APY, and a planned crypto card for real-world spending. The token employs deflationary mechanics, burning a percentage of platform fees to reduce supply and drive value.
