Solana sags, but HOLD holds strong: Altcoins outshine majors

While Solana loses the crucial $150 support level and trades at $145, several smaller altcoins continue to surge, with Everybody (HOLD) and AB posting double-digit gains despite the broader market pullback.

Everybody has jumped 35.4% in the last 24 hours, trading at $0.001272 from a low of $0.0008704. The token’s recent surge continues an impressive longer-term trend, with HOLD up over 400% in the last 30 days.

The token has been generating buzz on X, with increasing social media mentions coinciding with surging trading volume. Market analysts are taking notice of the growing activity around the project.

One analyst noted: “Volume just absolutely exploded on this little dip here.. $630,000 now.. Will likely do over $1m before the end of the day… Imo, this week $HOLD will see its first $2,000,000 volume day.. Then $5M then $10M and then on to $100M+ days.”

This volume expansion suggests growing institutional or whale interest, though no specific developments from the project have been announced to explain the sustained price action.

0x0.ai: AI Smart Contract has climbed 23.4% over the past 24 hours and reached $0.1452 from $0.1131. The token has shown strong momentum over the past two weeks, up 150%.

Unlike HOLD, 0X0’s price movement appears connected to specific partnership developments. The project recently announced progress following discussions with Binance CEO Changpeng Zhao and the BNB Chain team.

“After a productive call with @cz_binance and the @BNBChain team, we’re thrilled to share that development has officially begun to integrate the BSC chain into the 0x0 ecosystem,” the team posted.

The project is also advancing development of Spectre, their privacy-focused perpetuals DEX. “Development of Spectre, our private perpetuals DEX is well underway, with significant technical progress and infrastructure taking shape behind the scenes,” according to recent updates.

Third on the top gainers list, AB has gained 20.3% in the last 24 hours, trading at $0.01497 from $0.01243. Like HOLD, AB has shown impressive longer-term performance, climbing over 100% in the last 30 days.

AB’s price action follows several major exchange listings and promotional campaigns. The token recently went live on Bitget exchange, expanding its accessibility to traders.

On June 9, the project announced that AB was “now live” on Binance Alpha and Gate Alpha. These listings on major exchange platforms like Binance Alpha and Gate Alpha provide increased liquidity and visibility, often serving as catalysts for price appreciation.

The global cryptocurrency market capitalization has reached $3.28 trillion, considerably lower compared to last week. However, Solana’s (SOL) drop below $150 shows ongoing challenges for major altcoins as they struggle to maintain key support levels.