Crypto sentiment has turned decisively bullish after Bitcoin (BTC) soared to a brand new all-time excessive just under $112,000 this afternoon. Traditionally, each time Bitcoin breaks a earlier ATH and extends features by double digits, altcoins are likely to comply with with their very own explosive rallies inside weeks. Up to now 24 hours, Solana (SOL) surged one other 5% to commerce round $180 on day by day quantity that spiked 86% to over $7 billion—marking a pointy restoration from the coin’s $95 mid-April lows.
Because the broader crypto market’s optimism returns, and analysts ask if $200 is the following goal for Solana, traders are preserving a detailed eye on the L1 chain’s capability to deal with potential community congestion. Solana has confronted congestion hurdles previously, particularly when transactions ramp up round scorching meme coin launches—however now, an rising Layer 2 mission known as Solaxy (SOLX) seems prepared to dump the strain by operating parallel execution processes for Solana transactions. This resolution is arriving on the good time; Solaxy’s presale has skyrocketed previous $39.2 million, with $1 million raised in simply the final two days.
The Solaxy workforce not too long ago confirmed that the SOLX presale will finish on June 16, that means traders have only some weeks left to seize SOLX at a reduced worth of $0.001732. In the meantime, Solana’s on-chain stats proceed to exhibit spectacular progress, with DEX volumes and institutional flows trending upward. Some analysts recommend that SOL may break via main psychological ranges (such because the $200 mark) very quickly, particularly if altcoins catch larger bids within the aftermath of BTC’s large bull run.
This publication is sponsored. CryptoDnes doesn’t endorse and isn’t chargeable for the content material, accuracy, high quality, promoting, merchandise or different supplies on this web page.
Solana’s Bullish Cycle Sparks Hype – Can SOL Hit $200 Subsequent?
Though Bitcoin’s newest ATH is lifting all the crypto market, Solana’s breakout try isn’t only a passive response to the broader development, because the mission has seen a lot of optimistic headlines that reinforce its long-term potential.
Most notably, Solana Cellular introduced it would launch its first crypto-centric smartphone (known as the “Seeker”) on August 4 this yr. Priced at $500, the Seeker goals to make it simpler for customers to work together with Solana’s ecosystem on the go.
MetaMask co-founder Dan Finlay has additionally revealed that the mainstream crypto pockets will start supporting Solana natively this month. This addition is exceptional as a result of MetaMask beforehand solely catered to EVM-compatible chains (like Ethereum and Polygon).
META MASK CEO CONFIRMS NATIVE SOLANA SUPPORT: DETAILS…
– MetaMask Co-founder and CEO Dan Finlay confirmed that MetaMask will add native assist for Solana’s blockchain in Could 2025.
– For the primary time, MetaMask will transfer past the Ethereum Digital Machine (EVM) ecosystem,… pic.twitter.com/ruKQUTde0t
— BSCN (@BSCNews) Could 19, 2025
Integrating Solana implies that MetaMask will join tens of millions of latest customers to Solana-based DeFi, NFT, and Web3 gaming dApps with out requiring them to leap via difficult configuration steps.
From a technical perspective, SOL is forming a bullish ascending channel that might push its worth to round $210 if the momentum continues. The well-known analyst Ali Martinez recognized this sample in a latest tweet, explaining that SOL remains to be within the early section of its breakout cycle.
On the institutional entrance, BlackRock not too long ago expanded its tokenized cash market fund, BUIDL, to the Solana blockchain. This transfer factors to rising belief in Solana’s infrastructure from mainstream finance giants.
Compounding the joy is the potential for a broader altcoin season. CoinMarketCap’s Altcoin Season Index indicators that we’re nonetheless in a “Bitcoin Season,” which traditionally transitions into an altcoin surge in a while. Solana sometimes performs even higher when altcoins take heart stage, so crossing the $200 threshold seems effectively inside attain.
Nevertheless, for Solana to maintain that progress, it should show it might stay secure and quick throughout high-traffic occasions. That’s the place Solaxy is available in—with a parallel processing design that might dramatically increase throughput on Solana.
Solaxy May Be the Key to Unleashing Solana’s Full Potential in 2025
Solaxy (SOLX) is Solana’s first Layer 2 platform, designed to forestall community slowdowns that often hit the blockchain when a flood of customers mint NFTs, commerce meme cash, or bounce into the most recent DeFi traits.
As an alternative of all transactions squeezing via Solana’s base layer, Solaxy will run a parallel execution layer that takes transactions off-chain after which settles them again on the Solana L1. This mechanism will be certain that Solana’s mainnet doesn’t get compromised below congestion, enabling near-instant transaction speeds and minimal charges—even throughout peak demand.
Solaxy not too long ago introduced the official launch of its testnet bridge, which can join Solaxy to the Solana devnet (and later the Ethereum mainnet).
🛸 Solaxy Testnet Bridge is LIVE! 🛸
Now you can bridge native SOL between Solana Devnet and Solaxy Testnet at https://t.co/BFMV1G9v4c 🔥🚀
Constructed with Hyperlane, this is step one towards full cross-chain interoperability.
Ethereum bridging is coming for mainnet — keep… pic.twitter.com/8NVoPaqaoV
— SOLAXY (@SOLAXYTOKEN) Could 15, 2025
Throughout its earlier pre-launch updates, Solaxy made large progress by lowering the time it takes to deliver new nodes on-line—so if the community must scale rapidly, it might accomplish that with minimal downtime. The dev workforce has additionally optimized transaction grouping and processing, lowering latency throughout high-traffic intervals.
Outstanding crypto influencers like ClayBro are already marking SOLX as a probably undervalued gem that might pump rapidly, particularly if altcoins proceed thriving. In a latest YouTube video, ClayBro emphasised {that a} functioning Layer 2 on Solana may unlock a wave of latest initiatives, spanning high-traffic DeFi protocols, Web3 video games, and NFT collections.
Provided that Solaxy straight addresses Solana’s greatest weak point (community reliability below heavy masses), it’s no shock that whales have proven heavy curiosity—with one investor not too long ago buying round $400,000 price of SOLX tokens in a single go. This massive transaction indicators rising demand for a mission that’s poised to play a central function in Solana’s scaling roadmap.
Final Likelihood to Purchase SOLX Earlier than Presale Ends in 24 Days
Solaxy’s presale has now raised over $39.2 million from early supporters (with extra whale buys anticipated quickly), and can finish on June 16. That leaves simply 24 days for traders to purchase SOLX at $0.001732 earlier than it lists on crypto exchanges. Given the heavy curiosity from each retail and main traders, market veterans expect SOLX’s worth to leap sharply as soon as buying and selling goes stay.
Collaborating within the SOLX presale is simple: merely go to the official Solaxy web site, and join an eligible Web3 pockets to make your buy utilizing SOL, ETH, USDT, or an ordinary financial institution card. After shopping for SOLX, you’ll be able to stake your tokens instantly to earn a dynamic annual proportion yield (APY) of as much as 103% pa.
Go to Solaxy Presale
This publication is sponsored. CryptoDnes doesn’t endorse and isn’t chargeable for the content material, accuracy, high quality, promoting, merchandise or different supplies on this web page. Readers ought to do their very own analysis earlier than taking any motion associated to cryptocurrencies. CryptoDnes shall not be liable, straight or not directly, for any injury or loss brought on or alleged to be attributable to or in reference to use of or reliance on any content material, items or providers talked about.