SOL Expected to Reach $551 by 2025 Despite Token Unlock? Initial Layer-2 Project Secures $23.5M in ICO

Solaxy’s ($SOLX) fundraising marketing initiative aimed at establishing the first Layer-2 on Solana is gaining significant traction, with its ICO now exceeding $23.5 million.

Meanwhile, market sentiment remains overshadowed by anxiety as Bitcoin fell below $90,000 on Monday.

This negative sentiment has affected Solana, which has declined to $141 at the time of this report, with concerns escalating regarding its upcoming token unlock in March.

Despite the prevailing uncertainty, some analysts maintain a positive outlook on $SOL, forecasting it could reach $551 this year.

If this occurs, Solaxy could benefit from the trend, positioning itself as a vital solution to Solana’s ongoing network congestion challenges.

For context, Solana previously traded at just $0.50. Even at the current price, it has experienced an impressive increase of 28,129%.

Similarly, at its current presale price of $0.001646 per token, $SOLX is regarded as a bargain by analysts and influencers such as ClayBro and Borch Crypto, who anticipate potential gains of 30x to 50x.

With the next presale phase set to trigger a price increase in less than 14 hours, investors looking to capitalize on the current price have a limited opportunity.

Can Solana rise to $551? Its first Layer-2, Solaxy, could be the key

Solana is preparing for one of its largest token unlocks in project history, with 11.2 million $SOL – valued at approximately $1.5 billion at its current price – scheduled for release into the market on March 1.

The primary concern is not only the increase in token supply but also the identity of the token holders.

A significant portion was acquired by major VC firms, including Galaxy Digital, Pantera Capital, and Figure, during the FTX bankruptcy auctions, where they paid around $64 per token.

If these firms decide to take profits, they could realize over $783 million at $SOL’s current price, raising fears of substantial selling pressure.

Additionally, according to Arkham Intelligence data on Monday, crypto market maker Wintermute has already withdrawn over $38.2 million worth of $SOL from Binance.

Despite these concerns, Master Ventures CEO and blockchain advisor Kyle Chassé remains optimistic about Solana’s 2025 prospects, referencing a Bitwise Asset Management analysis report that predicts a bullish case of $551 and a bearish scenario of $462 for $SOL.

BULLISH!!!
BITWISE SOLANA PRICE PREDICTIONS:
2025:
$551 — BULLISH
$507 — BASE
$462 — BEARISH
2030:
$6636 — BULLISH
$4025 — BASE
$2318 — BEARISH
BIG MOVES COMING FOR SOLANA pic.twitter.com/p0ymDGbqAv

— Kyle Chassé / DD (@kyle_chasse) February 24, 2025

At its current price, Solana would need to increase by 291% to reach its most optimistic target and 228% to achieve its bearish scenario.

So, how can Solana realize such gains despite the impending selling pressure? The answer may lie in Solaxy ($SOLX) – the first Layer-2 solution on the Solana blockchain.

As the first to tackle Solana’s challenges, could Solaxy be poised for a 4,155% surge?

Solaxy is currently the sole solution designed to address the persistent issues affecting the Solana network.

As a roll-up, it helps alleviate network congestion by processing transactions off-chain and consolidating multiple transactions into a single batch before submitting them to Solana’s main chain.

In recent weeks, Solaxy has already made significant strides in deploying its scaling solution for Solana.

By reducing network outages caused by high traffic, Solana could mitigate user frustration and foster greater trust among investors.

This could lead to wider adoption, particularly in DeFi, a sector currently dominated by Ethereum.

Just as Ethereum’s Layer-2 scaling solutions contributed to $ETH’s price surge – especially in 2023 when the Layer-2 ecosystem expanded and helped Ethereum more than double in value – Solaxy could have a similar effect on $SOL, reinforcing Bitwise’s optimistic price forecasts.

Ethereum Price: ETH Live Price Chart, Market Cap & Information Today | CoinGecko

With Ethereum’s top five Layer-2 solutions now boasting valuations exceeding $1 billion, Solaxy could follow a similar growth path.

Achieving a billion-dollar market cap from its current $23.5 million presale funding would represent a 4,155% increase.

As Solaxy’s launch approaches, it may present a prime opportunity for investors to enter at current prices and position themselves for potential substantial gains.

Acquire $SOLX on presale

Get ahead of Solaxy’s launch and the eventual exchange debut of $SOLX by visiting the Solaxy website and connecting your crypto wallet – such as Best Wallet – to purchase $SOLX.

Best Wallet’s multichain support makes it an ideal platform for $SOLX, which is currently available on Ethereum and will soon launch on Solana. You can download Best Wallet on Google Play or the Apple App Store.

Stay informed about Solaxy’s latest developments or join the engaging discussion about its technology by connecting with its community on X and Telegram.

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