Solana continues to show notable resilience in the crypto market, outperforming several major altcoins including Ethereum, XRP, and Sui. Despite recent volatility and a pullback from a key breakout level, it remains one of the few top-tier cryptocurrencies with potential for a renewed upward move.
The asset had previously demonstrated strong relative performance, both on a technical and fundamental level, with ecosystem strength and solid decentralized exchange (DEX) trading volume providing additional support.
Notably, Solana’s DEX activity recently spiked to $7.1 billion in volume—its highest since early February—indicating healthy on-chain engagement and investor interest. Ecosystem projects such as Jupiter are also contributing to the broader bullish sentiment surrounding Solana.
However, current market instability is creating headwinds for riskier altcoins, making breakouts more difficult. This article offers a Solana price prediction and highlights Solaxy’s presale as one of the best SOL-based tokens to buy now.
Source – Cilinix Crypto on YouTube
Solana Price Prediction
From a technical perspective, Solana has dropped back into a consolidation range between $178 and $166, suggesting a higher probability of further decline toward the lower end of this range. This aligns with the cautious sentiment driven by broader macroeconomic uncertainty and crypto market indecision.
Nonetheless, key support levels remain intact. Solana is still trading above important technical markers such as the point of control at $172, the 7-day rolling VWAP, and even the yearly VWAP—levels that could serve as a base for a renewed bullish attempt.
If these supports hold through the weekend and into Monday, the potential for a breakout and push toward the $191–$192 zone remains valid. This scenario, while less likely in the current environment, shouldn’t be ruled out entirely.
Solana is in a critical phase where it balances strong technical support and ecosystem fundamentals against broader market uncertainty. The most probable scenario in the short term is a continued move within its current range, possibly revisiting support near $164–$166.
However, its relative strength and key support levels keep the door open for a bullish reversal if market conditions stabilize.
Solaxy Presale Soars Past $40M as It Tackles Solana’s Network Congestion and Boosts Scalability
Solana has seen impressive growth recently, with its network and related tokens experiencing notable price increases and record application revenues. However, one significant drawback highlighted is network congestion.
During periods of high transaction volume, such as in late 2024 and early 2025, the Solana blockchain became heavily congested. This congestion caused slower transaction speeds and increased fees, making it difficult for users to trade unless they paid higher costs.
Additionally, many transactions failed due to this overload. To address these issues, a Layer 2 solution known as Solaxy (SOLX) is being developed to improve scalability and reduce network congestion.
With its presale currently underway and less than a month remaining, Solaxy has already gained significant traction, raising over $40 million so far, with a target of $74 million by the end of the presale.
This strong momentum reflects the growing community support, which now includes more than 75,000 followers on social media platforms.
One of the standout features of Solaxy is its innovative “Igniter Protocol,” which will allow token holders to create and launch their own tokens, essentially functioning as a token launchpad within the Solana ecosystem.
This added utility is expected to fuel further adoption and development, positioning Solaxy as a major player in Solana’s evolving ecosystem. Solaxy also offers a highly attractive staking program, currently providing up to 100% rewards, encouraging early investment and long-term holding.
The project emphasizes scalability and customization, aiming to unlock Solana’s full potential by significantly improving transaction efficiency and network performance.
$SOLX is breaking new barriers! 
40M Raised! 
pic.twitter.com/tk6mwT5hH1
— SOLAXY (@SOLAXYTOKEN) May 24, 2025
The tokenomics of Solaxy are thoughtfully structured, allocating portions to treasury, marketing, rewards, listings, and development, ensuring steady growth and sustainability. The team has shown consistent progress and community engagement, which adds to the bullish outlook surrounding this project.
Given its innovative technology, strong fundraising performance, and community support, Solaxy is widely regarded as a promising crypto asset with potential for substantial growth, possibly emerging as a 100x opportunity within the Solana ecosystem.
For investors looking to participate, the presale process is straightforward, with multiple purchasing options including credit card and crypto wallet such as Best Wallet.
Overall, Solaxy is capturing significant attention as one of the hottest crypto opportunities tied to the Solana blockchain today. To take part in the $SOLX token presale, visit solaxy.io.
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