Bitcoin,
Bitcoin ETFs have seen four consecutive days of inflows led by BlackRock. The investment giant devoured $3.2 billion worth of BTC. CEO Larry Fink suggests BTC can reach $700,000 if funds increase allocation from 2% to 5%.
This influx of ETFs comes from hopes that the Solana ETF will gain approval in 2025. Market data also suggests a 97% chance of that happening. Solana also saw a significant increase since January 15th. It currently stands at a 34% gain from its January 14 low of $181.88.
During this period, it reached a high of $295.83, gaining almost 60% in 5 days. Since then the price has stabilized around $240.
XRP also saw a similar price increase, rising from $2.3545 on January 1 to a high of $3.4 on January 16, a gain of nearly 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 seen a rather significant boom. Bitcoin has reached an all-time high, surpassing the $109,000 mark.
Trump’s pro-crypto approach and promises to introduce crypto-friendly legislation have kept crypto enthusiasts’ hopes high.
There are already the first signs of this happening. For example, Trump’s decision to pardon Ross Ulbricht is seen as good news for technological progress in the field of privacy protection in cryptocurrency.
The launch of $TRUMP, the official meme coin of the American president, also attracted the attention of investors. Soon after its launch last week, $TRUMP quickly surged more than 12,000% overnight.
With the influx of various projects, the meme coin market looks bullish for the coming year. If you’re looking to ride this next bull run, we have a project you can invest in: Solax ($SOLX).
What is Solax?
Solax ($SOLX) is Solana’s first Layer-2 solution that seeks to address the issues of failed transactions, congestion, and scalability bottlenecks in Solana’s Layer-1 chains.
Over time, Solana became slow as traffic increased, leading to longer wait times. Solaxy tries to solve this problem through transaction bundling.
Another unique thing about $SOLX is that it is a one-of-a-kind multi-chain solution that works on both the Solana and Ethereum networks.
In this way, $SOLX combines the best of both networks: the liquidity of Ethereum and the transaction speed of Solana, easily making it one of the best meme coins.
Having already raised over $13 million, the $SOLX presale he left for a leaflet; here is a guide on how to buy $SOLX if you want to grab some for $0.001612 per token. The next price increase will happen within 2 days from now.
So, this is the lowest value you could get $SOLX for – a coin that could potentially make you a crypto millionaire in 2025.
Why Can Solaxy Be the Next 100X Meme Coin?
To begin with, Solax it’s not just another hype-based meme coin. It solves a very important problem faced by cryptocurrency investors.
By sharing the load of the Solana 1 layer, it processes transactions in batches, resulting in reduced costs and fast turnaround times. This utility puts it in a unique position, making it one of the hottest meme coin presales of January.
Furthermore, a new Bitwise report predicted that the price of Solana ($SOL) could reach $6,636 by 2030, a massive increase of 3,000%. The same report states that Solana Layer 1 is much more efficient than the Ethereum Layer 2 chain.
Going by indications, if Solana can draw such a huge price prediction, Solaxy’s 100x surge doesn’t seem like such a distant feat.
With 30% of the token supply reserved for development and 10% for listing, developers have shown signs of long-term commitment.
Solaxy’s official X page currently has 62.5K followers, which is in line with its goal of building a strong investor community. If you’re looking to take advantage of the crypto and meme coin bull run to come, buy $SOLX now from its official website.
However, please note that cryptocurrency investments are subject to market conditions. It is important to do your research and consider the above only as our well-calculated opinion (and not as financial advice).