In the first quarter of 2025, Solana recorded its strongest performance for 12 months, as the total request revenue increased to $ 1.2 billion-an increase of 20 % over the previous quarter of $ 970.5 million. January alone contributed approximately 60 % of this total, making it the most profitable month.
The fee driving was the Meme Coin Launcad Pump.fun, which achieved $ 257 million revenue, followed by a Phantom wallet of $ 164 million.
This increase in the application revenue reflects a wider positive momentum for the Solana itself, which has seen an increase in the price of a distinctive symbol of less than $ 95 to the highest levels approaching $ 173 in recent months.
It challenges the success of Meme currencies on Solana to the narration that such symbols fade, with many projects such as $ TROMP, $ Bonk and $ Fartcoin offering strong gains and attracting great attention in the market.
Predicting at the price of Solana
Solana’s last basic procedure showed some positive signs, as the cryptocurrency was able to apostasy after declining to about $ 164. The basics are still strong, supported by strong economic activity and one of the best weeks for trading trading since February, despite the recent decline in DeX sizes.
Technically, Solana has regained an important balance area near the 365 -day VWAP, which may indicate the possibility of an upcoming outbreak if it continues. However, the recovery in this range came with a decrease in size, which raises concerns about the strength and sustainability of this step.
The critical support level is $ 167 – installation above this price with solid size is the key to maintaining stability and avoiding an additional decrease of about $ 156.
The Solana Network is fighting the honor of Solaxy, which is a high -use project for layer 2
However, the rapid growth in Solana and increased the volume of transactions in congestion on the Solana Network, similar to previous cases in late 2023 and early 2024, caused slower speeds and higher drawings.
To face these expansion capabilities, the development of the 2 Blockchain layer has been named Swalasi (SOLX) is ongoing. Solaxy aims to be infinitely developed and compatible with a multi -bases, aims to reduce network congestion while maintaining a viral call for coins.
The pre -prepared successfully collected more than 37 million dollars, indicating a strong interest even with the continued challenges of the market.
As a slicing solution designed to prevent excessive loading on Solana Blockchain at the launch of Meme Tokens, Solaxy meets an important need in the ecosystem, making it an attractive project for investors looking for the future of Solana.
Development updates reflect active progress, as the team fixes user interface problems and enhances the total user experience. It is worth noting, Swalasi Testnet, which is uncommon for many Mimi currency projects, indicates a more serious and practical use situation behind the distinctive symbol.
Solaxy Testnet Live Bridge!
You can now the original Sol Dam between Solana Devnet and Solaxy Testnet in https://t.co/bfmv1g9V4C
Built with excessive, this is the first step towards the full intersecting intercourse.
ETHEREUM Dam is coming for Mainnet – Stay … pic.twitter.com/8nvopaqaov
– Solaxy (Solaxytoken) May 15, 2025
Testnet performance measures, such as the number of transactions and transactions per second, show a working and advanced Blockchain environment. Next features such as the bridge, an integrated development environment (IDE), and Wiki indicate a road map focusing on benefiting benefit and access.
$ Solx icon is currently available for purchase directly through Best portfolio The app at a price of $ 0.001728 per code. Buyers have the comfort of using cryptocurrency or a traditional banking card to complete the purchase.
For the first adopts looking to increase the returns to the maximum, Staking is also available in an attractive annual percentage of 107 %. To date, more than $ 10.7 billion of SOLX has already been recruited, highlighting the increasing confidence and interest in the project among the first investors.
The distinctive symbol will be traded in each of the central and decentralized stock exchanges after prior representation, with hopes in the lists on good reputable platforms to increase liquidity and exposure.
The combination of strong DAPP performance, increased institutional interest, and continuous infrastructure improvements such as Solaxy Layer 2 solution indicates that Solana is about to grow continuous and important between Altcoins.
With adoption and interest, Solana Blockchain can enhance its position as a leading platform in Altcoin, and attract more investors. To participate in the distinctive code $ Solx, Visit Solaxy.io.
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