Solana News: Solaxy Emerges as Potential 100x Crypto as Solana Faces Challenges

Experts Call New Solana Coin “Solaxy” The Next 100x Crypto

The crypto bull market is expected to continue with new all-time highs in 2025. Investors are actively seeking the next 100x crypto, and Solaxy (SOLX), a Solana layer-2 coin, has emerged as a standout choice. Despite market uncertainty, the SOLX presale has already raised $25M, indicating significant demand from smart money investors.

Solana Death Cross and Meme Coins Decline

Solana (SOL) price has crashed to $138, down by 53% from its highest level this year, after forming a death cross pattern. This decline has coincided with the ongoing woes in its ecosystem as most meme coins have plunged. The market cap of all Solana meme coins has crashed from over $25 billion in January to $7.6 billion. Official Trump (TRUMP), the biggest Solana meme coin, has dropped by 10% in the last seven days, giving it a market cap of $2.4 billion. Other meme coins like Bonk, Dogwifhat, Pudgy Penguins, and Fartcoin have all slipped by over 20% in the last seven days. Notably, only the Official Trump meme coin has a market cap of over $1 billion.

Solana Price Prediction: Potential $200 Target and 10x Growth Before Then

Solana’s price prediction is generating buzz as traders and experts speculate whether the altcoin could breach the $200 mark. Market news about strategic alliances and technological advancements has boosted Solana’s market appeal, with analysts expecting its value to double during the current rising cycle. The background includes a sophisticated payment system utilizing an innovative framework to transform international money transfers. The current trading price of Solana is $143, with daily fluctuations ranging between $133 and $155.

Argentine Prosecutor Investigates President Milei and the LIBRA Scandal

Eduardo Taiano, an Argentine Federal prosecutor, is investigating the $LIBRA scandal, which involves President Javier Milei and others associated with the token. During the scandal, approximately $110 million was accumulated. Authorities are seeking international assistance to trace the transactions and freeze the assets. Taiano’s strategy includes blacklisting digital addresses to hinder the global dispersion of funds. He is also obtaining international warrants to acquire data from foreign cryptocurrency exchanges and collaborating with foreign agencies to investigate money laundering attempts. The Solana token $LIBRA, which saw a sudden surge to a $2 billion market cap, subsequently crashed after insider-related wallets withdrew funds at its peak.