Top 3 noteworthy "Made In USA" altcoins in the last week of April

Coin "Made in USA" such as Solana (SOL), SUI, and Aerodrome Finance (AERO) are showing very different signals as they enter the last week of April. Solana (SOL) is recovering strongly with trading volume on DEX platforms increasing, while SUI is developing ecosystem momentum despite its somewhat weak price. In contrast, Aerodrome Finance (AERO) is under pressure as Base explores a new narrative called "Content Coins."

From strong recovery phases to ecosystem expansion and strategic changes, each coin presents a unique tracking opportunity this week.

Solana (SOL)

In the past seven days, Solana has increased by more than 8% to $141, sparking optimism after a 53% decline from February 7 to April 7. This recovery reinforces Solana's position as one of the most important "Made in USA" coins, second only to XRP in terms of prominence and market strength.

SOL price analysis | Source: TradingViewNotably, Solana has reclaimed the top position in trading volume on DEX. According to DeFiLlama, Solana recorded $15.65 billion in DEX volume last week, surpassing Ethereum by nearly 50%.

If this positive momentum continues, SOL could challenge the resistance level at $147. A decisive breakout above that level could lead to further gains towards $160 and possibly $180. However, if the bullish trend stalls, support at $124 becomes crucial. A drop below that level could push the price down to $112, impacting the recent recovery.

SUI

The SUI ecosystem has gained significant traction in recent days, thanks to the increase in meme coin activity and the surge in DEX usage. SUI has reached $2.14 billion in DEX volume, ranking 6th among all chains and even surpassing the daily volume of Arbitrum in some instances.

Although the ecosystem is vibrant, the price of SUI is still struggling to maintain momentum. Over the past seven days, SUI has dropped more than 9%, indicating signs of a deeper correction. If the downtrend continues, it may test the important support level at $2.02, with the possibility of a deeper drop to $1.71 if that level is broken.

SUI Price Analysis | Source: TradingViewConversely, a bullish reversal could drive SUI towards resistance at $2.28. A breakout there opens up opportunities to $2.41, $2.54, and possibly $2.83 if a strong bullish run occurs.

Aerodrome Finance (AERO)

Aerodrome, the leading decentralized exchange focusing on Base chain, has generated $6.38 million in fees over the past 30 days, solidifying its position as the backbone of DeFi activity on Base.

Despite its dominance, AERO has faced pressure, dropping over 10% in the past week and more than 20% in the past month. At the same time, Base is promoting a new narrative focused on "Content Coins," although some users argue that they resemble meme coins more than a significant innovation.

AERO price analysis | Source: TradingViewThe DEX volume of Base has decreased by 21% in the past week, but if the trend of “Content Coins” attracts attention, it may spark interest in the ecosystem and in AERO. If momentum returns, AERO could rise to test the resistance level at $0.414, with the potential to increase to $0.47 and $0.54 if a strong rally occurs.

Conversely, if the selling pressure continues, support at $0.36 is crucial. A break below that may lead to further losses at $0.34 and possibly $0.28, making the upcoming weeks critical for the direction of AERO.

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Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do their own research before making any decisions. We are not responsible for your investment decisions.

Mr. Teacher