The flip of the 12 months shines brilliant on Solana because the ecosystem obtained over $1B in stablecoin inflows in December.
How and why did this occur?
Straightforward – stablecoins exploded in reputation after Trump’s November victory, and Solana’s standing as the house of the very best meme cash shaped a pure combo.
$SOL additionally rebounded from a low $182 to its present $206 up to now week, additional solidifying the blockchain’s breakout.
In related information, Solaxy (the primary Solana Layer-2 challenge) simply raised $7M in presale after a whale purchased $152K $SOLX.
Let’s talk about what this implies and the way Solaxy might be the lightning in Solana’s meme coin bottle.
Solana Rocks the Crypto Boat in December, Begins 2025 in Model
Between December 1 2024 and January 1 2025, the Solana stablecoin market surged by 12.6%, from $4.6B to $5.18B.
$USDC dominates at 74.07%, rising from a $3.33B market cap on December 1 to $3.83B on January 1 (with a complete influx of $962M).
And if we take a look at the yearly efficiency of Solana’s stablecoin market, it’s much more favorable. From $1.83B on January 1, 2023, to $5.21B one 12 months later, it elevated by 184%.
It was Donald Trump’s presidential victory towards Kamala Harris that spurred this revival. His pro-crypto guarantees, coupled with Elon Musk’s Dogefather fame, swayed many crypto opinions and sealed the deal.
Solana’s meme coin sector benefited essentially the most from this association, reaching a present complete market cap of $21B. Let’s see how they’re doing.
Prime-Performing Solana Meme Coin Jumps 177% in One Week
ai16z ($AI16Z) is the most popular $SOL meme coin round, with a 177% improve within the final week and a 54% improve in its 24-hour buying and selling quantity.
Different 24-hour high gainers embrace:
General, Solana’s meme market cap jumped 15.5% within the final day, reaching $21.5B. Buyers traded $5.3B in the identical timeframe, exhibiting resurging curiosity within the ecosystem.
That is the place Solaxy is available in, able to upscale Solana’s blockchain expertise to better heights.
Solaxy’s Layer-2 Guarantees a Solana 2.0, and It Sounds Nice
Meet Solaxy ($SOLX), an up-and-coming Solana Layer-2 (L2) presale that’s not too long ago raised $7M and is now headed to the $8M milestone.
The challenge guarantees a three-pronged answer to Solana’s largest challenges.
Solana Drawback
Solaxy Answer
Congestion: Solana’s community is closely restricted throughout excessive site visitors, resulting in vital community downtime.
Off-chain processing: Solaxy sends transaction information to its L2, resulting in quicker and smoother transaction occasions.
Scalability limits: The ever-growing ecosystem finds it more and more troublesome to develop based on demand.
Transaction bundling: By processing transactions in batches, $SOLX maintains a better throughput and decrease prices than Solana.
Failed transactions: Community overload results in unreliable transaction execution.
Layer-1 settlement: Solaxy finalizes all bundled transactions on Solana’s mainnet for extra safety and uninterrupted service throughout community surges.
$SOLX can even be absolutely customizable, which implies builders can create tailor-made dApps utilizing a modular infrastructure. So, you may optimize dApps in your particular use case in one of many quickest Solana chains.
With Solana’s latest reputation resurgence, Solaxy has seen unimaginable progress. One whale purchased $$152K $SOLX on December 31, pushing for extra investor curiosity.
One $SOLX is presently $0.001588, with a complete staked quantity of $2.4B. The present staking APY is 471%, so holding it long-term can be viable.
The challenge’s good contract was audited by Coinsult, who discovered no vulnerabilities. Its social media presence can be spectacular, with over 51K X followers, one of many highest we’ve seen for a presale.
Solaxy is wanting like a powerful contender for 2025’s high gainers, particularly given its excessive utility, however we’ll see how issues unfold.
Are We a Solana Comeback?
There’s little doubt about it – Solana is again. And it’s wanting higher than ever.
Because it’s edging nearer to its $258 all-time excessive, the meme market is rising impatient by the day. ai16z is main the pack, however others like Bonk and Pudgy Penguins are shut behind.
And itching to affix the race is Solaxy, Solana’s first Layer-2 challenge. Solely time will inform if it’ll develop to its full potential.
Bear in mind, this isn’t monetary recommendation, and it’s good to do your personal analysis earlier than investing in meme cash. The trade’s volatility makes these very dangerous investments, so additional consideration is critical.
