Snorter Token's Presale Surges as Solana's Ecosystem Booms

Snorter Token's presale is heating up, raising $4.1M. Solana's expanding ecosystem and upcoming ETF approvals could fuel SOL's price breakout.

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2025 October 1 . 2:26 PM

1 min read

In this picture we can see a market, in which we can see some stoles and we can see few people are... — In this picture we can see a market, in which we can see some stoles and we can see few people are around.

Snorter Token's Presale Surges as Solana's Ecosystem Booms

Snorter Token ($SNORT), a Solana-based meme coin trading bot, is making waves in the crypto market. Its presale is gathering momentum, capitalizing on Solana's (SOL) growing popularity and recent developments.

Snorter Token offers unique features like sub-second swaps and a rug pull radar, attracting investors. The presale has already raised $4.1M, with notable purchases of $107.1K and $91.1K.

Solana's total value locked (TVL) continues to rise, with its ecosystem expanding rapidly. Upcoming regulatory shifts and protocol upgrades like Alpenglow are expected to further fuel this momentum. Analysts predict that the U.S. Securities and Exchange Commission (SEC) will approve multiple spot SOL ETFs with staking features by mid-October, following updated S-1 filings by major asset managers. This could serve as a major catalyst for SOL price action.

Currently, SOL's price is $208 and approaching a critical resistance zone of $245-$250. Despite this, analysts expect SOL to break higher with favorable market conditions and sustained demand. Institutions have been pouring money into SOL, bucking the trend of institutional outflows.

Snorter Token's presale success and Solana's growing ecosystem indicate a bullish outlook for both. With upcoming regulatory approvals and protocol upgrades, SOL's price could break through its current resistance, driving further growth in the Solana ecosystem and Snorter Token's trading bot.