
Solana ($SOL) slipped below $100 on Monday, raising doubts about its short-term momentum and ability to revisit its all-time high in January.
With earlier projections placing SOL between $400 and $520 for 2025, the pressure is on for a real catalyst to re-ignite that upside – and many believe that spark could come from one key upgrade the network has long avoided: Layer-2 scalability.
Solana’s speed and low fees are well-known, but reliability at scale has been its Achilles’ heel – especially when compared to Ethereum. And while Ethereum leans on Layer-2s to manage network load, Solana has gone it alone – until now.
Enter Solaxy ($SOLX), the first native Layer-2 solution for Solana, built to solve its growing congestion and scalability issues. With Solaxy, Solana could finally unlock sustained growth and developer confidence – without compromising the performance it’s famous for.
The project has already raised $29.4 million through its ongoing presale. Right now, $SOLX is priced at $0.001688, but that rate is only available for the next 24 hours before the next funding stage kicks in.
There’s no doubt that the reason behind the latest crypto pullback is the growing impact of President Donald Trump’s aggressive tariff measures, which continue to shake global financial markets. The looming threat of an economic standoff with China has only added fuel to the fire.
With uncertainty dominating the macro backdrop, capital has flowed out of risk assets and into traditional safe havens like gold. The yellow metal spiked to $3,167 per ounce last week although has succumbed to some forced selling pressure as market participants raise cash.
Source: TradingView
On April 7, the effects rippled across both traditional and digital markets. Bitcoin ($BTC) fell to $74,000 and is still struggling to reclaim the $80,000 level.
Ethereum ($ETH) dipped to $1,431 before recovering to $1,568, though it remains under pressure – $100 million in leveraged ETH positions could be liquidated if it falls below $1,274. Solana ($SOL) slid to $97 before rebounding to around $108.
The broader equities market reflected the same investor caution. The S&P 500 declined 0.2% to 5,062.25, while the Dow Jones dropped 349 points (0.9%) to 37,965.60. Only the Nasdaq Composite managed a slight gain, closing up 0.1% at 15,603.26. Futures point to a strong rebound in US equities today.
However this market slide deepens – especially amid continued stock weakness – the Federal Reserve may be forced to reverse course and reintroduce stimulus. Trump has already been vocal and urges “the slow-moving Fed” to cut rates.
Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is NO INFLATION, and the long time abused USA is bringing in Billions of Dollars a week from the abusing countries on Tariffs that are already in place. This is…
— Donald J. Trump (@realDonaldTrump) April 7, 2025
For crypto, looser monetary conditions, and even a possible return to quantitative easing (QE), could be the game-changer. History shows that excess liquidity tends to flow into risk assets, and this could be the moment Bitcoin and its peers have been waiting for to revive the bullish targets set before the Fed turned hawkish.
If quantitative easing (QE) returns, then VanEck’s projection of Solana ($SOL) reaching $520 could still be in play – even if some have already called $400 a long shot.
If this is the plan for Solana 🟢
I wouldn’t be mad
$400 by the end of the year would be a miracle right now! ⚡️ pic.twitter.com/poDdJjoNwm
— Lana Queen (@Lana_Queen7) April 7, 2025
While QE doesn’t directly change the M2 money supply, it can influence it by injecting liquidity into the economy. When central banks buy assets like government bonds, they increase bank reserves – which can indirectly boost M2.
VanEck’s bullish thesis on Solana is tied to this. They predict M2 will hit $22.3 trillion this year, and since M2’s growth has historically correlated with the rise of altcoins, Solana could be one of the biggest beneficiaries.
Still, a few pain points remain – and they’re the reason Solana hasn’t fully lived up to its “Ethereum killer” reputation. Chief among them: network instability during periods of high demand.
Solana runs as a monolithic chain, meaning it handles execution, consensus, and data availability all on Layer-1. It’s fast – faster than Ethereum – but that comes with trade-offs. Without off-chain scalability, the network can buckle when demand surges.
That’s why the conversation around Solana now includes something it has long dismissed: Layer-2 solutions.
Even if just to offload some of the transaction load during peak periods, an L2 could help stabilize the network and push it into its next growth phase.
And that’s exactly where Solaxy steps in – as the first Layer-2 solution built for Solana, designed to reduce congestion and extend Solana’s performance ceiling.
Bottom line – $520 is still in play, but it’ll take a combo of renewed QE and Solaxy stepping in to unlock the next chapter of Solana’s growth.
Solaxy is more than Solana’s first Layer-2. It’s a dedicated infrastructure upgrade built to handle high-volume activity without the congestion that has held Solana back in the past.
What sets Solaxy apart is that it’s tailored for Solana’s architecture – not some plug-and-play add-on. It functions as a companion chain that processes transactions off-chain, then pushes the results back to the Solana mainnet. The result? Faster, smoother, and more reliable performance even during network spikes.
Curiosity isn’t always a good thing…
But $SOLX gets it right.
Speed ✅
Security ✅
Innovation ✅https://t.co/mdaTX9aVVx pic.twitter.com/DGmKQL3vud— SOLAXY (@SOLAXYTOKEN) April 6, 2025
For users, that means fewer failed transactions. For developers, it brings confidence in building at scale. And for Solana as a whole, Solaxy could be the missing piece needed to unlock mainstream-level adoption – a key factor for anyone eyeing that $520 price target.
Its presale offers an opportunity for early positioning – especially for those who missed Solana back when it was trading at similar prices in 2020. If Solaxy becomes the catalyst that pushes Solana into its next growth cycle, there’s little doubt its own token could rise alongside it.
Ethereum’s Layer-2 ecosystem has already grown into a multi-billion-dollar sector – and with Solaxy, Solana may be at the start of building one of its own. Big things could be just on the horizon.
To join the presale, visit the official Solaxy website and purchase using SOL, ETH, USDT, USDC, or BNB.
You can also connect with a supported crypto wallet like Best Wallet to store and view your $SOLX tokens before launch.
Stay updated by following Solaxy on X, join the growing community on Telegram, and be part of what could be Solana’s next big breakthrough.
For more details, visit the Solaxy website
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