Solana Rockets Toward $180 — But It’s SOLX That Could Be Hidden Gem With Strong Growth Before It Blows Up
The post Solana Rockets Toward $180 — But It’s SOLX That Could Be Hidden Gem With Strong Growth Before It Blows Up appeared on BitcoinEthereumNews.com. Finally, investors are relieved as all coins have recorded massive increases this week, signaling the start of the long-overdue bull run. Solana has been generating enormous hype as it soared past a $180 valuation with its 25% jump, a drastic change from the April low of $95. Besides the broader crypto market situation pushing its price, SOL’s DeFi ecosystem has exploded to $180 billion in the first quarter, marking a 62% increase from the fourth quarter of 2024. With Solana’s breakout gaining steam, many are asking how high it can go. Analysts believe that this is just the start and that investors can make even bigger profits if they diversify into Sol-based projects. That’s why the new Solaxy ($SOLX) could be a noteworthy blockchain token as it introduces the first Layer-2 solution for Solana. Let’s check out the details. Solana Dominates the Bull Run With Explosive Growth in DeFi and Memes Solana is quickly establishing itself as a front-runner in the newly emerging bull run, fueled by a strong surge this week. At the time of writing, SOL is trading around $182, and analysts believe this could be just the beginning of a much larger rally. A big part of this run comes from Solana’s expanding DeFi ecosystem, with major moves into private DEXs like SolFi, Obric v2, and ZeroFi via Jupiter. These integrations have significantly boosted adoption and helped push SOL past the critical $180 mark. SOL’s 7-day candle chart, Source: CoinMarketCap What’s even more impressive is Solana’s recent performance in transaction volume. In the first two months of 2025, it outpaced both Coinbase and Ethereum, processing nearly half of Nasdaq’s $647 billion in volume, making it the second most active network in that period. These figures point to Solana’s growing dominance in digital transactions and hint that its…
The post Solana Rockets Toward $180 — But It’s SOLX That Could Be Hidden Gem With Strong Growth Before It Blows Up appeared on BitcoinEthereumNews.com.
Finally, investors are relieved as all coins have recorded massive increases this week, signaling the start of the long-overdue bull run. Solana has been generating enormous hype as it soared past a $180 valuation with its 25% jump, a drastic change from the April low of $95. Besides the broader crypto market situation pushing its price, SOL’s DeFi ecosystem has exploded to $180 billion in the first quarter, marking a 62% increase from the fourth quarter of 2024. With Solana’s breakout gaining steam, many are asking how high it can go. Analysts believe that this is just the start and that investors can make even bigger profits if they diversify into Sol-based projects. That’s why the new Solaxy ($SOLX) could be a noteworthy blockchain token as it introduces the first Layer-2 solution for Solana. Let’s check out the details. Solana Dominates the Bull Run With Explosive Growth in DeFi and Memes Solana is quickly establishing itself as a front-runner in the newly emerging bull run, fueled by a strong surge this week. At the time of writing, SOL is trading around $182, and analysts believe this could be just the beginning of a much larger rally. A big part of this run comes from Solana’s expanding DeFi ecosystem, with major moves into private DEXs like SolFi, Obric v2, and ZeroFi via Jupiter. These integrations have significantly boosted adoption and helped push SOL past the critical $180 mark. SOL’s 7-day candle chart, Source: CoinMarketCap What’s even more impressive is Solana’s recent performance in transaction volume. In the first two months of 2025, it outpaced both Coinbase and Ethereum, processing nearly half of Nasdaq’s $647 billion in volume, making it the second most active network in that period. These figures point to Solana’s growing dominance in digital transactions and hint that its…
What's Your Reaction?
