Solana network congestion gas fees big pump 36%, traders begin to follow alternative assets like MUTM.

[Coin World] Solana has been a bit turbulent lately - the network is heavily congested, and gas fees have also surged. In this case, many traders are starting to consider other alternatives.

The situation of SOL tokens is quite awkward now. The price is fluctuating between $141 and $148, trying to break through the resistance level of $150-$155? It seems to be quite difficult for now. Worse still, the trading costs have skyrocketed by more than 36% this month. With fees rising like this, who can handle it?

Market attention is starting to drift elsewhere. For example, the MUTM token launched by Mutuum Finance has recently gained quite a bit of popularity. This token is currently in the presale phase, priced at $0.035, and has already raised over $19 million.

Interestingly, the price of MUTM has increased by 250% compared to the initial stage. They are about to launch a lending protocol, which is expected to further boost demand according to market expectations. After all, DeFi lending has always received considerable attention, and if the new protocol can function properly, there is indeed some room for imagination.