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Solana and HYPE Rank Among the Best Altcoins to Buy as Fear Index Hits Extreme Lows

Solana and HYPE Rank Among the Best Altcoins to Buy as Fear Index Hits Extreme Lows

CryptoNewsNetCryptoNewsNet2025/10/16 22:57
By:en.bitcoinsistemi.com

Crypto markets are sending mixed signals with investor sentiment dropping to extreme fear levels. As traders prepare to face short-term volatility, some assets have performed well, including Solana (SOL) and Hyperliquid (HYPE). Both tokens are trading around critical technical levels, indicating they might bounce back when wider risk demand resumes. One of them is MAGACOIN FINANCE, an upcoming Ethereum-based token, which attracts the attention of investors as one of the noteworthy altcoins to watch along with Solana and HYPE.

Solana and HYPE Rank Among the Best Altcoins to Buy as Fear Index Hits Extreme Lows image 0

Solana Price Tests Critical Support

Solana price decreased by 15% over the last week, falling to approximately $193. The token currently lies in a critical support area near $190, which has traditionally served as a launch point for rebounds. Any prolonged drop below this level, however, may pave the way further down to $170, the next major support.

Solana and HYPE Rank Among the Best Altcoins to Buy as Fear Index Hits Extreme Lows image 1

SOLUSD 1-Day Chart | Source: TradingView

Technically, the bearish momentum is accumulating in the daily chart, whereby the 20-day moving average is below the 50-day. In spite of this temporary weakness, Solana is considered among the most active Layer-1 networks, recording more than $6 billion in DeFi volumes in 24 hours.

According to analysts, as macro pressures alleviate, high network performance and rising expectations of a potential Solana ETF would rekindle bullish momentum into the last quarter of the year.

The bigger market context is also of interest to investors. This recent transition to the Crypto Fear and Greed Index shows that sentiment might be about to stabilize as the index shifts away from ‘’extreme fear’’ into ‘’fear’’.

Solana and HYPE Rank Among the Best Altcoins to Buy as Fear Index Hits Extreme Lows image 2

Source: CMC

In case Solana rebounds over $211, it may spell the beginning of a new bullish upward trend to $250-260, making it one of the notable altcoins to watch.

HYPE Price Holds Key Support Amid Bearish Derivatives Data

Hyperliquid (HYPE) is going through a volatile time, trading at approximately $37 following a 6% weekly correction. Derivatives data indicate there is an increase in short positions, and the OI-weighted funding rate is inverting negative at -0.014%. It indicates that more traders are expecting additional downside, and open interest is at its lowest since early September.

Amid the selling pressure, the token has received a temporary rescue at around $36.50, which highlighted a 15% recovery this week. Any daily close below this may plunge HYPE further toward the June low around $30.90. On the contrary, an increase beyond the 50-day EMA of $45.29 would lead to a fresh wave of bullish domination.

Solana and HYPE Rank Among the Best Altcoins to Buy as Fear Index Hits Extreme Lows image 3

HYPEUSD 1-Day Chart | Source: TradingView

As traders observe these technical areas, analysts believe that sentiment-based corrections usually present perfect entry points for long-term investors. Together with Solana and HYPE, MAGACOIN FINANCE is getting traction as one of the notable altcoins to watch, with analyst coverage, whales growing interest, and a solid $16M+ raise.

Solana and HYPE Rank Among the Best Altcoins to Buy as Fear Index Hits Extreme Lows image 4

Why MAGACOIN FINANCE Is Among the Most Notable Altcoins

MAGACOIN FINANCE is already a hit among early investors in 2025. It is among the most transparent altcoins with multi-phase funding structure and Ethereum-based foundation and more than $16 million raised already. Analysts point to several factors that make the project one of the altcoins to watch in the quarter:

  • Structured Model: Transparent, stage-based pricing ensures fair token distribution and clear investor participation.
  • Whale Participation: On-chain data confirms early involvement from large Ethereum wallets, boosting long-term credibility.
  • Security and Liquidity: Built on Ethereum, the token ensures easier listings on major exchanges and strong liquidity at launch.

Conclusion

As Solana and HYPE are on the alert for their main support points, investors looking for new prospects are paying attention to MAGACOIN FINANCE. Their strong performance, Ethereum foundation, and whale accumulation explain why analysts believe that it is among the most interesting altcoins in 2025. With market fear subsiding and liquidity returning, these three assets, Solana, HYPE, and MAGACOIN FINANCE, could be positioned to gain in the months to come.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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