Solana News: Investors Eye SOL’s Potential for New Highs in 2025 Amid ETF Ruling Delay

Solana Price Prediction: Can SOL Make New Highs In 2025 As ETF Decision Delayed?

Solana (SOL) remains among the most-watched cryptocurrencies, and investors are eager to learn if it can reach new heights in 2025. With the ETF ruling delayed, SOL traders are monitoring its price action. SOL is currently trading around $123.94, down 4.15%, but its market capitalization remains strong at $63.21 billion and trading volumes are up 17.74% at $2.92 billion. Other blockchain initiatives like Remittix (RTX) are also gaining popularity due to their practical applications.

Solana Fees Plunge to 2024 Lows; SOL Price Tumbles

Solana, a leading smart contract platform, is facing selling pressure with transaction fees hitting record lows since September 2024. This reflects reduced network congestion and activity. The SOL coin has dropped by more than 50% in two months, shrinking from its all-time high of $295 to below $130. The dip in fees coincides with the falling SOL prices during this period.

Xandeum Introduces pNodes to Enhance Solana’s Storage Capabilities

Xandeum has launched pNodes, or Provider Nodes, in its devnet to overcome Solana’s storage limitations. These nodes offer a scalable, decentralized file system designed to support data-heavy Web3 applications. This addresses Solana’s key limitation of lacking an efficient, scalable storage layer for smart contracts. While Solana excels in high-speed transactions and low fees, its architecture traditionally relies on validators to store all program data, creating bottlenecks for data-intensive applications. Xandeum provides a decentralized solution that expands Solana’s storage capacity without compromising performance.

Best Crypto Presales to Invest in: New Altcoins That Could Explode in Q2

Crypto presales can offer significant opportunities if the right projects are identified early. With many new tokens launching weekly, separating genuine contenders from hype is challenging. This article highlights Solaxy (SOLX) as one of the most promising presales, particularly for those following the Solana ecosystem. SOLX aims to address Solana’s congestion and slow transaction issues by offering a Layer-2 network powered by rollup technology, improving speed and reliability for traders and developers. SOLX also features a multi-chain bridge linking Solana and Ethereum.