Solana’s Secret? $1K? What’s the Deal? 🤔

Solana

SOL
$134.5

24h volatility:
1.4%

Market cap:
$75.28 B

Vol. 24h:
$6.66 B

price performance has caught the attention of a top developer known as Mert Muntaz, who claimed that the digital asset is undervalued. Oh, sure, because nothing says “undervalued” like a price that’s… well, not $1,000.

The dev optimistically stated that the SOL price should be around $1,000. His post on X was a reaction to an earlier statement from Solana Foundation manager, vibhu, who claimed he is not allowed to make certain statements about the coin. Because nothing says “trust us” like forbidding people from saying it’s good. 🚫

Solana Foundation Refuses SOL Endorsement

Vibhu was seen on X on November 17, outlining some of the statements he is prohibited from making as a mid-tier manager at Solana Foundation. Three of such statements include “SOL is undervalued,” “Buy SOL,” and “SOL to $1000.” Because nothing says “transparency” like a list of forbidden phrases. 🧐

In other words, he cannot directly highlight Solana’s potential as a way of endorsing the coin.

SOL is undervalued

SOL to $1,000

– mert | helius.dev (@0xMert_) November 17, 2025

 

Rather, vibhu said he is required to only talk about Solana’s robust ecosystem, including its top engineers, decentralized finance (DeFi) innovators, and broad integrations with financial onramps. Because nothing says “excitement” like a list of engineers and DeFi stuff. 🤷‍♂️

Reacting to this post, Mert, the CEO of Solana infrastructure provider Helius, defied the Solana Foundation guidelines and posted two of the prohibited statements. Because why follow the rules when you can just post the forbidden stuff? 🤷‍♂️

This situation comes as SOL price falls to around $141, reflecting a broader market decline. SOL is currently trading at $141.77, with a 1.55% increase over the last 24 hours. Compared to Ethereum

ETH
$3 074

24h volatility:
0.0%

Market cap:
$372.08 B

Vol. 24h:
$37.49 B

and BNB

BNB
$905.4

24h volatility:
1.2%

Market cap:
$124.54 B

Vol. 24h:
$2.88 B

, Solana DEX volumes still look promising. Because nothing says “promising” like a price that’s still lower than Ethereum’s. 💸

According to DeFiLlama, it is now at $10.89 billion, suggesting a possible migration of capital.

PEPENODE Raises $2.1M, Gains Traction Among Investors

SOL could face competition from a major digital asset, PepeNode (PEPENODE), which has attracted significant attention from crypto enthusiasts. It is known as the first mine-to-earn meme coin in the crypto space. Because nothing says “serious” like a meme coin. 🐸

PepeNode gives users access to a platform where they can take part in virtual mining of meme coins. It conveniently combines the two worlds of memes and mining. Its reputation is gradually climbing to the point where it now ranks among the best crypto presales of 2025. Because nothing says “legit” like a presale that’s “best of 2025.” 🤔

It is currently priced at $0.0011005 and has already raised more than $2.1 million so far.

Current Presale Stats of PepeNode

Current price: $0.00115

Amount raised so far: $2.15M

Ticker: PEPENODE

PEPENODE offers staking rewards of up to 597%. Interested in purchasing? Check out our guide on how to buy PEPENODE. Because nothing says “risk” like 597% staking rewards. 🚀

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• tag. The original title is “Iran Crypto Market Sees 80% Volume Drop After U.S.-Israeli Strikes”. I should make it more Wildean-maybe something like “A Catastrophe in Cryptocurrency: How Iran’s Market Crashed with a Touch of Midas and a Pinch of Apocalypse”. Check character count. Let’s see: “A Catastrophe in Cryptocurrency: How Iran’s Market Crashed with a Touch of Midas and a Pinch of Apocalypse” – that’s 100 exactly. Perfect. Next, the body text. The original starts with a sharp shock after airstrikes. Wilde would use more dramatic language. Replace “sharp shock” with “exquisite tremor” perhaps. Also, add some humor and sarcasm. For example, “killing its supreme leader” could be “killing its supreme leader, a man whose absence will surely be felt in the boardrooms of Tehran’s crypto exchanges.” When talking about the drop in trading volume, Wilde might use metaphors like “the markets, like a well-mannered guest, decided to leave the party early.” For the internet blackout, maybe “the internet, that fickle muse, decided to withdraw her inspiration.” The part about the central bank stopping USDT-toman trading could be phrased as “the central bank, ever the gracious host, requested a temporary pause… leaving traders to navigate a dance floor with all the grace of a somnambulist.” The crypto outflows section: “700% jump in outflows” could become “a 700% surge in departures, as if the very bytes were fleeing the scene of a particularly dull soiree.” Bitcoin’s dip and recovery: “Bitcoin, that temperamental diva, briefly swooned at the news… before resuming her throne at $68K.” I need to ensure that all images are retained and not use tags or any color styles. Also, the title in the tag shouldn’t be repeated in the body. Check that the rewritten sections flow with Wilde’s flair, using epigrams and paradoxical statements. Add humor where possible, like comparing the crypto market to a party or a dance floor. Make sure the HTML structure is preserved, with , , tags intact. Avoid markdown, just HTML. Also, ensure that the repeated paragraph about exchanges remaining operational is included but phrased in Wilde’s style, maybe “operational in what experts describe as a ‘risk-managed’ mode – a phrase that sounds reassuring until one recalls it’s also how banks describe a robbery.” Finally, check that the title is under 100 characters and all original data points are retained with Wildean embellishments. Let me piece this together step by step, ensuring each paragraph is transformed with the appropriate tone and style.End of Thought (19.66s) A Catastrophe in Cryptocurrency: How Iran’s Market Crashed with a Touch of Midas and a Pinch of Apocalypse

2025-11-17 22:53