$SOL Eyes $400 By February As Solaxy, Solana’s First Layer-2 Chain, Raises $13.9M In Presale
The Solaxy ($SOLX) presale is hurtling toward the $14 million mark, with current funds at $13.9 million.
After raising $12.4 million by the end of Monday, investor interest in $SOLX is picking up quickly, particularly following recent downtime on its main chain, Solana ($SOL), after the surge in activity from the weekend’s Trump-owned meme coin launches.
Despite these fluctuations, options market data suggest $SOL could hit $400 by February. This optimistic outlook stems not only from the network’s rising activity and the meme coin trend but also from the upcoming Solana ETFs and a reported altcoin reserve fund that Donald Trump is planning for U.S.-created cryptocurrencies, including Solana and Ripple ($XRP).
As the first Layer-2 on Solana, Solaxy is set to enhance the network, potentially giving $SOL a boost once it launches.
Like its Layer-1 counterpart, $SOLX, priced at $0.001612, has significant growth potential. However, as a new project...