The flip of the yr shines vivid on Solana because the ecosystem acquired over $1B in stablecoin inflows in December.
How and why did this occur?
Simple – stablecoins exploded in recognition after Trump’s November victory, and Solana’s standing as the house of one of the best meme cash shaped a pure combo.
$SOL additionally rebounded from a low $182 to its present $206 previously week, additional solidifying the blockchain’s breakout.
In comparable information, Solaxy (the primary Solana Layer-2 mission) simply raised $7M in presale after a whale purchased $152K $SOLX.
Let’s talk about what this implies and the way Solaxy could possibly be the lightning in Solana’s meme coin bottle.
Solana Rocks the Crypto Boat in December, Begins 2025 in Fashion
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 have 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 yr later, it elevated by 184%.
It was Donald Trump’s presidential victory in opposition to 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 probably the most from this association, reaching a present whole 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 well liked $SOL meme coin round, with a 177% enhance within the final week and a 54% enhance in its 24-hour buying and selling quantity.
Different 24-hour high gainers embody:
Total, Solana’s meme market cap jumped 15.5% within the final day, reaching $21.5B. Buyers traded $5.3B in the identical timeframe, displaying resurging curiosity within the ecosystem.
That is the place Solaxy is available in, able to upscale Solana’s blockchain know-how to larger heights.
Solaxy’s Layer-2 Guarantees a Solana 2.0, and It Sounds Nice
Meet Solaxy ($SOLX), an up-and-coming Solana Layer-2 (L2) presale that’s lately raised $7M and is now headed to the $8M milestone.
The mission guarantees a three-pronged resolution to Solana’s greatest challenges.
Solana Downside
Solaxy Answer
Congestion: Solana’s community is closely restricted throughout excessive visitors, resulting in important community downtime.
Off-chain processing: Solaxy sends transaction knowledge to its L2, resulting in sooner and smoother transaction instances.
Scalability limits: The ever-growing ecosystem finds it more and more troublesome to develop in line with 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 may even be totally customizable, which suggests builders can create tailor-made dApps utilizing a modular infrastructure. So, you possibly can optimize dApps on your particular use case in one of many quickest Solana chains.
With Solana’s current recognition resurgence, Solaxy has seen unbelievable progress. One whale purchased $$152K $SOLX on December 31, pushing for extra investor curiosity.
One $SOLX is at the moment $0.001588, with a complete staked quantity of $2.4B. The present staking APY is 471%, so holding it long-term can also be viable.
The mission’s sensible contract was audited by Coinsult, who discovered no vulnerabilities. Its social media presence can also be spectacular, with over 51K X followers, one of many highest we’ve seen for a presale.
Solaxy is trying 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 trying 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 mission. Solely time will inform if it’ll develop to its full potential.
Bear in mind, this isn’t monetary recommendation, and you want to do your individual analysis earlier than investing in meme cash. The business’s volatility makes these very dangerous investments, so additional consideration is critical.
