Solana Price Prediction: SOL Slips 10% This Week But Solaxy Presale Crosses $18.2M
The Solana (SOL) price is in decline this week, extending its losses to over 10% as bears target a retest of recent lows and the 200DMA in the $180 region.
The downbeat market tone likely stems from disappointment that the recent press conference with new White House Crypto & AI Czar David Sacks didn’t introduce any significant updates.
It may also reflect lingering concerns over the potential for a U.S. versus “rest of the world” trade war. However, for traders looking to capitalize on short-term opportunities, now might be a favorable moment to accumulate SOL, with the potential for a price rebound in the coming weeks.David Sacks:
— Anastasiia Bobeshko🇺🇦 (@anabobeshko) February 4, 2025
"We want to create the golden age of cryptocurrency
"US is coming off, frankly four years of arbitrary prosecution and persecution of crypto companies"
Unfortunately, talking about golden age and importance of stables isn't enough. Chill out, guys pic.twitter.com/PPTLzwg2sp
Solana Price Bounce Incoming? Here’s Why That’s Likely
The broader macroeconomic trends are signaling bullish momentum for the crypto market, but these indicators have largely been overlooked. Despite the recent dip, U.S. equity markets are up for the week, bond yields have dropped to multi-week lows, and oil prices continue to decline.
Gold has also surged to record highs above $2,800 per ounce, a move that some analysts see as a precursor to a potential Bitcoin (BTC) rally. If Bitcoin gains momentum, major altcoins like Solana (SOL) could follow suit.
Solana traders should keep an eye on macroeconomic factors, including developments in the ongoing “trade war” and Friday’s U.S. jobs report, both of which could influence the Federal Reserve’s monetary policy outlook.
Additionally, the 200-day moving average has served as a strong support level for Solana since mid-October 2024.
However, a rebound is not guaranteed. Some argue that Solana has broken a multi-month uptrend, meaning investors should prepare for continued volatility in the coming months.
That said, the outlook for 2025 remains strong. Former U.S. President Donald Trump recently launched a meme coin on Solana, and his Crypto & AI Czar, David Sacks, was an early investor in the network.
As crypto adoption accelerates in 2025, Solana is well-positioned to be one of the top-performing assets. While monetary conditions may not support a speculative altcoin season like in 2017 or 2021—given the lack of cheap liquidity—the environment still favors a steady upward trend.Trump's shit coin was launched on Solana.
— Unfiltered☢Boss (@Unfilteredboss1) January 19, 2025
David Sacks is a major investor in Solana and thinks it can surpass Ethereum.
Sacks is Trump's incoming Crypto Czar.
Nothing to see here folks, move along. Trump is a holy man of God that would never engage in insider trading or pump… https://t.co/jdMr58Lv9I pic.twitter.com/28VYLC3NeB
Solana Layer-2 Protocol Solaxy (SOLX) Has Big Potential For 2025
With the Solana ecosystem expected to see substantial growth in 2025, some traders looking for higher gains might want to invest in higher beta Solana ecosystem plays.
Projects like Jupiter and Raydium stand out, but those aiming for larger gains might look into newer, lesser-known projects with strong momentum. One such project is Solaxy ($SOLX), which has gained attention as its presale surpassed $18.2 million.
https://x.com/SOLAXYTOKEN/status/1887023159678845362
Solaxy is Solana’s first Layer-2 scaling solution, seeking to alleviate the blockchain’s congestion woes. It uses roll-up technology to process transactions off-chain, reducing the burden on Solana’s mainnet, which could lead to faster, cheaper transactions.
Currently priced at $0.001626 during its presale, $SOLX offers a great entry point for investors looking to capitalize on Solana’s growth.
Solaxy is also positioning itself as a key bridge between Solana and Ethereum ecosystems, meaning it will offer its users the best of both worlds: speed and liquidity. Early hype surrounding the presale is also being fueled by staking rewards offering over 220% APY, making SOLX a potentially lucrative passive income opportunity.
If Solaxy delivers on its promise, it could not only solve Solana’s scalability issues but also become one of the standout investments of 2025, with experts at 99Bitcoin predicting gains of at least 10x this year.
For those in the crypto space, Solaxy represents a high-reward opportunity, but as always, the volatile nature of cryptocurrency means it’s a high-risk venture to consider.
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