Whereas Solana’s ($SOL) worth motion has been comparatively muted, its first layer-2 chain, Solaxy ($SOLX), is prospering in its presale after surpassing $26 million in whole funding on Thursday.
From its $115 dip on Tuesday, $SOL has bounced again with a 7.83% acquire to succeed in its present worth of $124.
However even at this stage, Solana stays 57% beneath its all-time excessive – a spot that will appear difficult to shut.
But, international funding agency VanEck stays bullish, predicting $SOL may surge to $520 earlier than the yr’s finish.
Our Solana Worth Goal by the Finish of 2025 is $520
We worth Solana (SOL) based mostly on its projected year-end market share inside the good contract platform (SCP) market. Our SCP market cap forecast is derived from U.S. M2 cash provide progress, given its robust historic correlation…— VanEck (@vaneck_us) February 6, 2025
The success of a series typically alerts progress for its ecosystem, and Solaxy could be a chief beneficiary.
As Solana’s first Layer-2 answer, Solaxy is well-positioned to sort out the community inefficiencies which have lengthy plagued the primary blockchain – a important step in boosting scalability and efficiency.
At present, $SOLX is barely accessible via its presale, which affords patrons a reduced entry earlier than it lists on main exchanges.
The continued presale worth is $SOLX at $0.001662 for the following 33 hours earlier than the following worth enhance.
In the event you purchase $SOLX right this moment you too can stake your new tokens to earn an annual yield of 156%. The yield is ready dynamically relying on the extent of deposits within the staking good contract.
VanEck’s daring case for Solana’s worth surge
In accordance with VanEck, the case for Solana ($SOL) surging to 4 occasions its present worth lies within the trajectory of the U.S. cash provide.
The New York-based agency believes that the whole worth of good contract platforms (like Ethereum, Solana, and others) will increase alongside the U.S. cash provide (M2), which has traditionally moved in sync with crypto costs.
Since January 2025, M2 has already climbed to $21 trillion, and VanEck expects this to succeed in $22.3 trillion by year-end.
This projection appears more and more believable given February’s inflation information, which confirmed the U.S. Shopper Worth Index (CPI) rising by simply 0.2% – its lowest enhance since October 2024.
Issues of a recession have additionally emerged following Donald Trump’s current transfer to impose new tariffs on international items.
This motion contributed to inventory market declines and weakened client confidence. Since February, the S&P 500 has dropped 8%, whereas the Nasdaq-100 has fallen 11%.
Such financial situations may push the Federal Reserve to undertake expansionary financial insurance policies, comparable to reducing rates of interest or partaking in quantitative easing, which may enhance the U.S. cash provide (M2).
If that happens, the good contract platform market may swell to $1.1 trillion, marking a 43% enhance from present ranges.
At present, Solana holds about 15% of the good contract market, however VanEck forecasts its share may rise to 22% by the top of 2025.
This outlook is supported by Solana’s increasing developer ecosystem, rising DEX (decentralized alternate) volumes, and a rising energetic consumer base.
Ought to this projection maintain true, Solana’s market cap may climb to $250 billion, translating to a $520 token worth based mostly on its present circulating provide.
Including to this momentum is the introduction of Solaxy, Solana’s first layer-2 chain.
By easing congestion on the Solana mainnet, Solaxy may additional propel $SOL’s progress, serving to it safe an excellent higher share of the good contract platform market and push the token to new all-time highs.
Solaxy is vital to lastly cementing Solana’s place as the last word Ethereum killer
Solana has lately confronted a number of community outages, which has doubtless hindered its capability to dwell as much as its “Ethereum killer” status.
Regardless of Solana’s spectacular transaction capability – one which rivals Mastercard and Visa – it has struggled with efficiency points during times of excessive community site visitors.
This unreliability has stored Solana from dominating the good contract market.
Now, with the introduction of Solaxy, a rollup answer designed to ease congestion, Solana’s mainnet will now not face the identical pressure throughout surges in community exercise.
This enhancement permits Solana to deal with massive transaction volumes with out relying solely on its core community.
Briefly, Solaxy addresses Solana’s scalability downside, making it a extra dependable blockchain for builders to construct on and a extra engaging funding for these backing revolutionary options.
Solaxy’s current developments sign vital progress. Current upgrades to its rollup infrastructure have launched optimizations that are actually absolutely operational, aimed toward delivering quicker transactions, decrease charges, and improved on-chain information storage.
The dev crew has additionally began work on a devoted bridge UI “enabling seamless cross-chain transfers between Solana, Ethereum, Base, and Solaxy.”
Token Launchpad Enlargement
We're in talks with key platforms to facilitate token launches on Solaxy. Deploying your mission simply acquired simpler!Rollup Infrastructure & Knowledge Availability
Optimizations are in full swing:
Decrease latency & increased bandwidthDecreased…
— SOLAXY (@SOLAXYTOKEN) March 7, 2025
Moreover, Solaxy has expanded its multi-chain pockets help, enabling customers from different blockchains to entry the Solana ecosystem via Solaxy.
To prime it off, Solaxy has launched its personal token launchpad, streamlining mission launches on its platform – a transfer poised to draw much more improvement to the Solana ecosystem.
The primary forex in Solaxy is $SOLX, and right here is tips on how to get it
Entry to the Solaxy ecosystem is tied to its native token, $SOLX, which may comply with a progress trajectory much like that of Solana itself.
Contemplating Solana’s outstanding 24,000% surge from its 2020 lows to present ranges – even earlier than reclaiming its all-time excessive – some analysts predict $SOLX may see beneficial properties of as much as 50x as soon as it unlocks from its presale section.
At present, the presale affords the one alternative to safe $SOLX earlier than broader investor and developer entry drives demand increased.
To take part, go to the Solaxy web site and join your pockets – comparable to Greatest Pockets.
With its multi-chain help, Greatest Pockets gives a seamless technique to handle $SOLX, at present accessible on Ethereum. The pockets lately expanded to Bitcoin and is ready to launch on Solana quickly.
Obtain Greatest Pockets from Google Play or the Apple App Retailer to get began and take part within the Solaxy presale.
Keep up to date on Solaxy’s newest developments by becoming a member of its X and Telegram communities.
The publish VanEck Forecasts Solana to Attain $520 in 2025 as First Layer-2 Solaxy Hits $26M in Presale appeared first on Cryptonews.