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Jakarta, Pintu News—The crypto market is becoming more dynamic ahead of Nyepi Day 2025, with several altcoins stealing the show for investors. External factors such as network upgrades, new product launches, and spikes in trading volumes are the main drivers of price movements.
According to BeInCrypto, amidst high volatility, Solana SOL->Current SOL PriceRp 0Market Cap-Trading Volume-Circulating Supply-, Mantle MNT->Current MNT PriceRp 0Market Cap-Trading Volume-Circulating Supply-, and BNB BNB->Current BNB PriceRp 0Market Cap-Trading Volume-Circulating Supply- are the three most discussed altcoins, with the potential for significant gains in the near future!
Solana’s (SOL) price is currently at 2,110,000 IDR (equivalent to $129) and shows strong bullish signals. One of the main factors that could drive the price up is the launch of Solana Futures on the Chicago Mercantile Exchange (CME) on March 17, 2025. CME, one of the world’s largest derivatives exchanges, has the potential to attract huge interest from institutional investors in the Solana ecosystem.
If the bullish momentum continues, SOL can rise to 2,635,000 IDR (equivalent to $161), a 24% increase from the current level. However, before reaching that target, SOL must first break two important resistance levels at 2,267,000 IDR ($135) and 2,422,000 IDR ($148).
On the other hand, if SOL fails to break this resistance level, the price may be correct. A drop below 2,056,000 IDR ($126) could lower the price to 1,931,000 IDR ($118), invalidating the bullish projection and increasing the risk of a deeper drop.
Also read: 3 Cryptos that Traders Are Watching in the Third Week of March: Big Trend on the Horizon?
In the past week, the price of Mantle (MNT) has surged 25% as expectations rise for the Mantle Network Mainnet hard fork on March 19, 2025. This upgrade will enable EigenDA and improve compatibility with Ethereum ETH->Current ETH PriceRp 0Market Cap-Trading Volume-Circulating Supply- through the Pectra Upgrade update.
Currently, MNT is trading at 13,573 IDR ($0.83) and has the potential to continue rising to 16,351 IDR ($1.00). However, to reach the target, MNT must break two resistance levels: 13,980 IDR ($0.87) and 15,362 IDR ($0.94). If the breakout is successful, the bullish trend will get stronger.
On the contrary, failure to break 13,980 IDR ($0.87) could keep the price in a consolidation phase. If selling pressure increases, MNT could drop to 12,926 IDR ($0.79) or even to 11,613 IDR ($0.71), triggering bearish sentiment in the market.
Read also: 3 Cryptos that are the talk of the town ahead of Eid 2025
BNB prices have increased significantly by 19.5% in the past week, reaching 10,382,185 IDR ($635). A breakout above the key resistance area at 9,604,737 IDR – 10,123,169 IDR ($587-$619) would be a strong bullish signal.
The main driver of this increase is the major Pascal Hard Fork upgrade scheduled for March 20, 2025. This update will bring the EIP-7702 smart contract wallet, improved compatibility with the Ethereum Virtual Machine (EVM), and better developer flexibility. With these improvements, investors are increasingly confident that BNB could reach 10,570,497 IDR ($647) or even 11,218,086 IDR ($686) in the near future.
However, if the bullish momentum does not hold, BNB could experience a correction back to 10,123,169 IDR ($619). If this level cannot hold as support, the price risks dropping deeper to 9,004,050 IDR ($550), which would invalidate the bullish scenario.
In the third week of March 2025, these three altcoins-Solana (SOL), Mantle (MNT), and BNB (BNB)-became the main focus in the crypto market. Fundamental factors such as the launch of Solana Futures on CME, Mantle Network upgrade, and Pascal Hard Fork on BNB Chain are the main catalysts that could affect the price of each asset.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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