Solaxy Presale Explodes to $17M as Solana Beats Ethereum in Monthly Revenue
February 02 2025 - 9:15AM
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For the first time ever, Solana has beaten Ethereum in monthly
revenue. Solana made around $116M in January 2025 as compared to
Ethereum’s $107M. This makes a massive 96% month-on-month increase
for Solana – it made $59M in December 2024. On the flip side,
Ethereum’s revenue took a 39% dip during the same period. The last
year was fantastic for Solana. For context, it made only $6M in
January 2024, and in just one year it has managed to topple
Ethereum. The number of active addresses on Solana has skyrocketed,
reaching a whopping 832K addresses per hour. $TRUMP’s Launch a
Major Catalyst In Solana’s Rally A major reason for Solana’s
January 2025 boost goes to the launch of the $TRUMP coin on the
network. Just days before his swearing-in ceremony, Donald Trump
launched his own meme coin on the Solana network at less than $10.
Within just 2 days, the coin soared to $75, reaching a market cap
of $15B. Even now, i.e., when it has dipped a fair bit from its
highs, $TRUMP is among the top 5 cryptocurrencies in the world as
far as market capitalization is concerned. This brought in a whole
new crowd of Trump supporters to the Solana network, who made their
first-ever crypto investment in $TRUMP. Solana is known for its
high-speed transactions. It now has an average daily volume of
around 430M. Plus, with more than 11B value locked, the network is
gaining popularity day by day. The success of $TRUMP also rubbed
off on Pump.fun – the largest meme coin marketplace in the crypto
industry. With more than 6.8M token launches so far, Pump.fun has
become the go-to for meme coin launches. It clocked a massive
revenue of $116.72M in January, just marginally ahead of Solana.
Solana hit a high of $295 on January 19. Since then, it has seen a
correction of 28% and is currently trading around the $210 levels.
However, the long-term prospect for the token remains positive, and
investors see this dip as a good accumulation opportunity before a
potential breakout. With Solana set to roar, there’s one particular
project that has caught the investors’ eyes: Solaxy ($SOLX). What
Is Solaxy ($SOLX)? With time, Solana has become overburdened with
transactions, so much so that it sometimes results in failed
transactions and slower throughputs. As the first Layer 2 solution
on the Solana network, Solaxy ($SOLX) aims to tackle these issues.
Instead of processing each transaction individually, Solaxy bunches
a number of transactions together and processes them in batches.
This results in the consumption of fewer resources, resulting in
faster outputs. Another benefit of this approach is cost; the
overall transaction fee on $SOLX is less than on Layer 1 chains.
All in all, Solaxy solves the problems of speed, congestion, and
scalability issues faced by the erstwhile Solana network. Why Can
$SOLX Be the Next 100x Crypto? Another massive utility of Solaxy is
that it offers the best of both Ethereum and Solana. As one of the
best meme coins, $SOLX merges the benefits of Ethereum’s liquidity
with Solana’s efficiency, thereby connecting the two most active
crypto ecosystems. Plus, as mentioned above, Solana bulls are about
to be in total control, meaning there’s very little doubt that
Solaxy could be the next crypto presale to explode. The $SOLX
presale is ongoing and has raised over $17.3M so far. The next
price hike is set to happen in less than a day, so the current
price of $0.001622 might be the lowest you’ll ever see $SOLX at.
Early adopters also get the chance to earn 232% APY staking
rewards. If this is your first time investing in a crypto presale,
check out our in-depth guide on how to buy $SOLX. However, since
crypto investments are subject to market risks, it’s highly
recommended you only invest an amount you’re comfortable losing.
Also, this article isn’t meant to be a substitute for financial
advice, and you must do your own research before investing.
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