Even with $SOL down over 60% since January, investor confidence is booming! 💥
Here’s what’s happening:
1️⃣ TVL Surge – Solana’s Total Value Locked hit its highest level since June 2022, rising to 53.8M SOL. That’s a 14% MoM increase – bullish signal despite price drops!
2️⃣ Massive Unlock Event – On April 4th, 1.79M SOL got unlocked (staked at $23), triggering selling pressure and a 15% dip. Still, $SOL held its key support zone around $113.
3️⃣ DEX Dominance – Solana now owns 24% of DEX market share, nearly on par with Ethereum’s 26%. That’s thanks to its blazing-fast base layer and smooth Web3 experience.
But here’s the twist… while the price fell, new meme coins are exploding on Solana – and one project is trying to fix the congestion issue altogether. 🚀
👑 Solaxy ($SOLX) is building the first-ever Layer 2 for Solana to handle meme coin traffic. It’s offering 139% APY for early stakers and has already raised $29.2M in presale!
Other top meme coin picks:
🔥 $BTCBULL – gives out real Bitcoin as rewards.
😂 $FARTCOIN – yes, it’s real. And up 919,000% since launch!
💡 Solana’s strong fundamentals + meme coin mania = a recipe for massive upside.
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🤔 Do you think Solana’s Layer 2 could become the next big catalyst?