Trump Eyes XRP and Solana? New L-2 Solaxy Nets $10M in Funding Frenzy
The cryptocurrency market seems to be breathing a sigh of relief since Donald Trump was appointed as the new president. Early Bitcoin investor Frank Chaparro said it marked the end of four years of blatant regulatory “harassment” and “terror” by the Biden administration.
Earlier, banks were issued strict guidelines to stay away from businesses involving cryptocurrencies. This has led to a massive debanking movement, with banks delisting crypto-related businesses.
According to venture capitalist Marc Andreessen, 30 of the startups he invested in are facing bankruptcies. Banks don’t have many options either. If they do not do what is required, they face regulatory harassment.
What Anderson calls a “privatized sanctions regime” has weakened the entire U.S. cryptocurrency market and stalled growth. Startups leave the U.S. in search of better opportunities abroad. Now, however, the tide seems to be turning.
Trump has been very vocal about his support for cryptocurrencies, which is one of his key election agendas. Analysts expect several crypto-friendly laws to be passed, and there are already early signs of this. Trump appoints former PayPal COO David Sacks becomes the new AI and cryptocurrency czar.
Not that Trump has any doubts about his admiration for the cryptocurrency market, but he recently became the first US president to have his face on the BTC blockchain.
However, the Trump administration is expected to adopt an America-first strategy, focusing more on domestic assets such as Solana, XRP, and Ripple.
Solana Best Spot
This news comes at just the right time—— New bitwise reporting Solana is expected to soar more than 3,000% by 2030. This means that the current price of $212 could rise all the way to $6,636 due to an “iPhone moment.”
Just as the iPhone introduced technology to the world in 2007, Solana has built a fast, responsive, and easy-to-use platform designed to simplify cryptocurrency investing for the average investor.
The report also predicts Solana’s current market share of 2.84% will surge to 11.36%. There is also good data to support this claim. For example, SOL grew 2,800% in early 2024. Even in the downturn of 2023, SOL’s daily active users grew by 239%.
According to Bitwise, Solana is also more efficient than Layer-2 Ethereum chains. Now, Solana has also launched its first Layer-2 solution – Solaxy ($SOLX). If you want a piece of the Solana craze, now might be the right time.
Why $SOLX could be the next big meme coin?
Solana has been serving the crypto community for some time, and over time it has been plagued by a few issues. Traffic on Solana was too congested, causing transactions to slow down or fail, creating scalability issues.
where is this $SOLX appear on the screen. This is the first layer 2 solution. It offloads the load from Solana Layer-1, resulting in smoother operations. $SOLX bundles transactions through batch processing, which means lower overall costs and higher throughput.
$SOLX has gained widespread attention from meme coin investors and influencers and has become the The most popular pre-sales in January 2025. The company has raised $10.8 million in pre-sales and has several rounds of funding remaining. Early investors can also enjoy 325% APY staking rewards.
The project has set aside 10% of the total supply for listing and another 30% for development, reflecting the developer’s long-term commitment to the project. 25% of the supply is reserved for rewards and 15% for marketing. This reinforces the project’s goal of building a community-driven meme space.
Now that experts are giving Solana a positive outlook, Solaxy is ready to ride on the momentum. Currently selling for $0.001602 USD, $SOLX can Make you a millionaire by 2025.
However, make sure you only buy $SOLX from: Solaxy official pre-sale pagebecause there are a lot of scams around and you certainly don’t want to lose money.
in conclusion
Investing in the cryptocurrency market is easily affected by external economic forces and is indeed unpredictable. That’s why we recommend you conduct your own research and not rely on this article as financial advice. Please consult your financial advisor before making any cryptocurrency investment decisions.
