Bitcoin, XRP and Solana maintained their support levels even as the global cryptocurrency market fell by 1.7%, with the market cap now standing at $3.5 trillion.
Bitcoin ETFs saw four consecutive days of inflow led by BlackRock. The investment giant acquired $3.2 billion worth of BTC. CEO Larry Fink suggests that BTC could reach $700,000 if funds increase allocations to 5% from 2%.
This influx of ETFs stems from hopes that the Solana ETF will receive approvals in 2025. Market data suggests that’s a 97% chance of happening as well. Solana has also seen a significant rise since January 15. It is currently gaining 34% from its lows of $181.88 on January 14.
During this time, it reached a high of $295.83, rising almost 60% in 5 days. The price has since stabilized at around $240.
XRP also saw a similar price surge as it rose from a high of $2.3545 on January 1 to a high of $3.4 on January 16 – an increase of almost 62%. The price of XRP has also remained stable since then and is now trading at around $3.0886.
Since Trump won the presidential election, the cryptocurrency market has witnessed a major boom. Bitcoin has reached an all-time high, surpassing the $109,000 mark.
Trump’s pro-crypto approach and promises to introduce cryptocurrency-friendly legislation have kept crypto enthusiasts’ hopes high.
There are already early signs of this happening. For example, Trump’s decision to pardon Ross Ulbricht is seen as good news for privacy-preserving technological advancements in the cryptocurrency space.
The launch of Trump Coin, the official currency of the US President, also attracted the attention of investors. Shortly after its launch last week, Trump’s price skyrocketed by more than 12,000% overnight.
With the influx of various projects, the meme coin market looks bullish for the coming year. If you are looking to capitalize on this upcoming surge, we have a project you can invest in – Solaxy ($SOLX).
What is Solaxy?
Solaxy ($SOLX) It is Solana’s first layer-2 solution that seeks to solve the issues of failed transactions, congestion, and scalability bottlenecks in Solana Layer-1 chains.
Over time, Solana became sluggish as traffic increased, resulting in longer wait times. Solaxy looks to solve this problem by pooling transactions.
Another unique thing about him $Solex It is a unique multi-chain solution that runs on the Solana and Ethereum networks.
In this way, $SOLX combines the best of both networks – Ethereum’s liquidity and Solana’s transaction speeds, making it easily one of the best cryptocurrencies.
Having already raised more than $13 million, $SOLX pre-sale He’s off a plane. Here is a guide on how to buy $SOLX if you want to get some for $0.001612 per token. The next price increase is scheduled to take place within two days from now.
So, this is the least amount you can get for $SOLX – a coin that can make you a cryptocurrency millionaire in 2025.
Why Solaxy Could Be the Next 100X Meme Coin?
For starters, Solaxy It’s not just another hype-based meme coin. It solves a very important problem that cryptocurrency investors face.
By sharing the load of Solana layer 1, it processes transactions in batch, resulting in low costs and fast execution times. This tool puts it in a unique position, making it one of the hottest meme coin pre-rolls of January.
Also, a new report from Bitwise predicts that the price of Solana (SOL) could reach $6,636 by 2030 – a massive 3,000% increase. The same report notes that Solana’s layer 1 chain is much more efficient than Ethereum’s layer 2 chain.
Looking at the indicators, if Solana is able to draw a great price prediction, a 100x upside for Solaxy doesn’t seem that far away.
With 30% of the token supply allocated to development and 10% to listing, developers have shown signs of a long-term commitment.
Solaxy official X The page currently has 62.5k followers, which is in line with its goal of building a strong community of investors. If you are looking to take advantage of the upcoming bull market for cryptocurrencies and meme currencies, Buy Solex Dollars Now from its official website.
However, please note that investments in crypto assets are subject to market conditions. It is important to do your own research and only consider the above as our well-calculated opinion (not financial advice).
