According to new data from CoinGecko, four firms, Upexi, DeFi Developments Corp, SOL Strategies, and Torrent Capital, have recently acquired more than 3.5 million SOL.
Similarly, a new meme coin, Layer Brett, has the backing of the meme communities to surge by more than 500% this weekend. With demand liquidity for this project already exceeding $2.6 million, it is entering the conversation of altcoin with explosive potential.
Layer Brett has been getting serious whale attention recently, which isn’t something you see every day with a presale project. Several six-figure buys occurred last weekend, worth more than $800K, suggesting that big wallets are scrambling for exposure. The presale has now raised over $2.6 million in total in less than a month of its release.
These numbers show that the meme community appreciates Layer Brett’s innovative approach in the sector. While legacy meme coins, like Dogecoin and Pepe, are stuck with Layer 1s, Layer Brett is bringing Layer 2 foundation to the doorstep of every meme enthusiast. This means transactions are instant, gas fees are negligible, and early rewards run into five-digit percentages.
Another key point for Layer Brett is staking. Early buyers of LBRETT can stake their tokens for rewards as high as a 990% APY, although this figure will decrease as more people join. This reward system is attracting both meme enthusiasts and serious traders. In fact, crypto analysts on X and Telegram say Layer Brett combines fun and function in a way that feels new to the market.
Above all, Layer Brett comes with a clear plan and a roadmap that includes NFT integrations, gamified staking, and bridging with other chains.
The Solana price continues to hold firm above key support at $200. It is at a crucial point after spending more than a year stuck in sideways action. Price has steadily climbed back into the upper end of its range, and market watchers are starting to wonder if the long wait for momentum is finally coming to an end.
From a technical perspective, Solana’s consolidation is compressing against resistance while holding firmly above its long-term moving averages. This setup has all the hallmarks of an accumulation phase maturing into expansion. Still, the market is cautious even as institutional triggers come alive.
In August, the first U.S. Solana staking ETF ($SSK) recorded $15.8 million in inflows in just a single day. This pushes the total assets under management to $219 million, a new all-time high. Shared by SolanaFloor, the development signals that the smart money is betting on a higher Solana price.
However, the timing may not align with Solana’s broader price strength, with demand zones remaining well-defined around $230 and lower at $210. These zones have previously acted as strong liquidity areas during dips.
At this stage of the cycle, Solana may require more than massive inflows to keep climbing. Its best-case scenario is to offer modest multiples, not life-changing gains. In contrast, Layer Brett is still a low-cap gem gathering momentum for a 500% surge this weekend. With presale momentum skyrocketing and a $1 million giveaway raising FOMO, Layer Brett could be the breakout contender the market has been searching for.
LBRETT is available now at $0.0053. Don’t miss out on the next 100x—join the Layer Brett presale today.
Website: https://layerbrett.com
Telegram: https://t.me/layerbrett
X: Layer Brett (@LayerBrett) / X
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