Solana Eyes $180 Surge as Solaxy Presale Nabs $43M—Just Another Day in Crypto Wonderland

Solana’s SOL token flirts with a $180 price target this June—fueled by equal parts speculation and the kind of market optimism that makes traditional finance veterans clutch their pearls.

Meanwhile, the Solaxy presale casually racks up $43 million, proving once again that crypto investors treat nine-figure raises like a weekend brunch reservation.

Will SOL hit its mark? Probably. Will Wall Street analysts dismiss it as a ’speculative bubble’ while secretly FOMO-ing? Absolutely.

Solana ETFs Coming, Active Users Top 95 Million

From a fundamental standpoint, everything is in place for Solana to rally in June.

To kick things off, the media headlines are all about Solana staking ETFs potentially being approved this month.

REX Shares took an unorthodox approach in its Solana and ethereum staking ETF applications, filing as C-Corps rather than traditional ETFs, according to ETF analyst James Seyffart. He said this is “very rare in the ETF world,” and suggested that the move involves a “set of clever legal workarounds” to expedite the approval date. 

While Seyffart emphasizes that he doesn’t know when the ETFs will launch, he speculates that it “could be within the next few weeks.”

BIG NEWS: @REXShares just filed an effective prospectus for Solana and Ethereum staking ETFs to list here in the US. Don’t know launch date but could be within the next few weeks. These are 40-act funds with a unique structure and do not go through the 19b-4 process pic.twitter.com/cqUCWlFAZW

— James Seyffart (@JSeyff) May 30, 2025

This staking ETF WOULD open Solana to institutional capital inflows. That wouldn’t just add to Solana’s buying pressure, it’d create an immense sense of excitement among community members, potentially propagating into even more demand.

On-chain metrics also paint an exciting picture. Token Terminal data reports that Solana has seen 95 million active users in the past month, marking a 4-month high. This shows that Solana’s ecosystem is thriving, and that could certainly bolster the $SOL price in the weeks ahead.

Analyst Says $SOL to $200

From a technical standpoint, Solana is poised for a rally to $200.

Analyst CryptoRus wrote that Solana is testing the $160 support level in an ascending broadening pattern. If it successfully bounces from this level, he suggests that $200 is the next target.

And he isn’t alone in his forecast. SatoshiFlipper also anticipates $SOL to hit $200 in the coming weeks, citing that it’s trading inside an ascending channel pattern and about to bounce from the support zone.

$SOL/usdt 4 hour

Beautiful entry right there for $SOL as price goes from channel support to channel resistance —> $200 EASY 🎯 pic.twitter.com/F4xGwq3NQt

— Satoshi Flipper (@SatoshiFlipper) June 2, 2025

Considering the bullish fundamentals, it’s no surprise that the price chart paints an exciting picture for Solana right now. The positive correlation between fundamentals and price action signifies that $SOL will rally in the weeks ahead, potentially surpassing $180 and hitting the $200 mark.

But with Solana offering a bullish outlook, this sets the stage for an even bigger opportunity for ecosystem tokens, such as Solaxy.

Solaxy is currently undergoing a presale, having raised $43 million to date. This makes it the biggest Solana presale in history, so we can expect significant gains if Solana does rally in the coming weeks.

New Solana L2 Solaxy Tipped for 100x as Exchange Launch Nears

The presale will end in 13 days, leaving investors scrambling to not miss the cut-off date.

Solaxy is building the world’s first Solana LAYER 2 blockchain, aiming to tackle the network’s congestion issues by utilizing off-chain computation and transaction bundling technology.

It aims to compute 10,000 transactions per second (TPS), making it cheaper, faster, and more reliable than Solana.

This will enable the blockchain to continue operating in all conditions, potentially unlocking new use cases or amplifying existing ones, such as meme coin trading, AI, and real-world assets. 

Another benefit of $SOLX is that it is available to buy on both the Ethereum and Solana blockchains, providing a larger potential investor pool that could help its price soar.

Currently, Solana has a market capitalization of $83 billion. So considering Solaxy’s strong use case and $43 million raise, it’s clear that there is considerable room for growth. 

As to how far it could go, analyst Jacob Bury from 99Bitcoins suggests it holds 10x potential.

And the presale ending in 13 days could prove to be perfect timing.

If $SOL rallies to $200 this month, there will be an optimistic sentiment in the ecosystem, and traders will seek new opportunities to capitalize. Therefore, Solaxy’s debut could generate huge interest.

Visit Solaxy Presale