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Solana to Break $180 as Its First-Ever Layer 2, Solaxy, Ends in 6 Days

Solana to Break $180 as Its First-Ever Layer 2, Solaxy is 6 Days from its ICO’s End

Bitcoinist
by Bitcoinist
2 months ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Solana ($SOL) closed in the green on Monday, capping off a four-day run of positive gains with a chunky 5.70% increase in price.

This recent uptick is reportedly just the beginning of the ‘Solana Summer’ vibes. As the second round of trade talks between the US and China began yesterday, the crypto community is looking at Solana with much hope and excitement.

Join us as we take a closer look at Solana and why expert analysis suggests it could reach $180 in the next rally.

Make sure to stick around to the end, because we’ll point you towards a new altcoin, Solaxy ($SOLX), that aims to propel Solana to new heights.

Let’s Get Technical: What Do the Charts Say?

From the lens of a technical analyst, Solana’s weekly chart looks extremely promising. On it, the crypto has gracefully bounced off its 200 EMA (exponential moving average).

It now seems to be finding legs in an important support zone that kicked off the massive rally of late 2024.

Even a small uptick from here could see $SOL reaching at least the $187 mark. However, if the momentum continues, Solana will look well-positioned to challenge its all-time high of around $300.

Solana Chart Tradingview

$SOL’s monthly chart confirms its bullish bias. Here, the token is comfortably trading above the 20 EMA after having bounced off the 50 EMA a couple of months ago. This is a strong bullish signal.

In addition to a whopping 34% rise in trading volume over the past 24 hours, $SOL’s Open Interest has also increased by 3.90%, currently sitting at just under $7B.

Finally, the OI-weighted funding rate sits at a positive $0.0091% at the time of writing. This shows that Solana bulls are happy paying a premium to the bears, confirming the crypto’s bullish outlook.

The signs (both fundamental and technical) point towards an upcoming Solana rally. If you want to get maximum gains from this run, check out Solaxy, Solana’s new kid brother on the blockchain

What’s the Buzz About Solaxy?

Solaxy ($SOLX) is a new meme coin on presale that’s making some serious waves. It isn’t just another flashy presale looking to profit off the market’s growing love for meme coins; it’s on a mission to give its big brother, Solana ($SOL), a much-needed technological facelift.

The developers behind Solaxy, like so many of us, are die-hard Solana supporters. They watched in anguish as the once-speedy and highly scalable meme coin-friendly blockchain started withering with pain.

What’s Wrong with Solana, Anyway?

The Solana of today is a bit different, and not in a good way, from the Solana of, say, a year ago.

While it has welcomed so many meme coins with open arms, the runaway success of some, like $TRUMP and $MELANIA, brought in a flood of new investors to Solana.

As you can probably guess, this overloaded the network. For all its strengths, Solana wasn’t built to handle this sudden explosion in transaction requests.

This is where Solaxy comes in, promising to get rid of Solana’s scalability and congestion issues.

Solaxy’s Master Plan

Solaxy’s grand idea is to build the first-ever Layer 2 solution on Solana. Think of it as adding an express lane to a busy highway.

By offloading many transactions onto this side chain (the L2), Solaxy will massively reduce the burden on Solana’s primary blockchain (the L1).

Solaxy Tokenomics

Additionally, Solaxy plans to use ‘optimized transaction bundling.’ This means it’ll be processing transactions in batches rather than one by one, which should lead to lower costs for investors without sacrificing performance.

However, it’s worth noting that all the transactions will continue to be settled on the secure Layer 1 chain. Solaxy will do the heavy lifting off-chain, then bundle the transactions into single, optimized batches for on-chain validation.

Simply put, Solaxy’s game plan is to leverage a newly built L2 to restore Solana’s efficiency and reduce congestion, while ensuring investors continue to benefit from Solana’s top-notch L1 security.

Einstein-like Frog with Sky-High Hopes

You might have noticed Solaxy’s mascot – the iconic Pepe the Frog, but with an Einstein-like makeover. Despite being as quirky as you’d expect from a meme coin mascot, it seems to hint that this project has some serious brainpower.

An altcoin with real utility, Solaxy has emerged as the biggest crypto presale of 2025. It’s raised an eye-popping $46M in early investor funding, with significant contributions from both retailers and crypto whales.

Plus, according to our research-driven Solaxy price prediction, the token could reach $0.20 by 2026, powered by a Solana ($SOL) rally and the ever-growing interest in the meme coin scene. This represents an 11,861% return for current-stage presale buyers.

Solaxy ($SOLX)

If you want to make the most of Solaxy’s potential 11,300% gain, become a $SOLX presale buyer. If you invest now – and by ‘now’ we mean almost immediately because the presale ends in less than a week – you can buy Solaxy for just $0.00175 each.

Check out our step-by-step guide on how to buy Solaxy for more information. Also, we suggest joining Solaxy’s X and Telegram channels for regular updates and official communication.

Disclaimer: The crypto market guarantees nothing. Kindly do your own research before investing; none of the above is a substitute for financial advice from a professional.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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