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Cryptocurrency News Articles
Solana Beats Ethereum in Monthly Revenue, $SOLX Emerges as the Next 100x Crypto
Feb 02, 2025 at 10:15 pm
For the first time ever, Solana has beaten Ethereum in monthly revenue. Solana made around $116M in January 2025 as compared to Ethereum’s $107M.
Solana has finally managed to beat out Ethereum in terms of monthly revenue for the first time ever. As per the latest data, Solana generated around $116 million in January 2025, while Ethereum had to settle for $107 million. This marks a huge 96% month-on-month increase for Solana, which had generated only $59 million in December 2024.
On the other hand, Ethereum’s revenue saw a significant 39% dip during the same period. Last year was particularly fruitful for Solana, which generated only $6 million in January 2024. In just one year, the token has managed to topple Ethereum in terms of monthly revenue.
The number of active addresses on Solana has also skyrocketed, reaching a massive 832K addresses per hour. This showcases the immense activity on the Solana network, which is attracting a large number of users.
$TRUMP's Launch a Major Catalyst In Solana's Rally
One of the key factors contributing to Solana's impressive performance in January 2025 is the launch of the $TRUMP coin on the network. Just days before being sworn into office, Donald Trump unveiled his own meme coin on the Solana network, priced at less than $10.
Within two days of its launch, the coin soared to an impressive $75, amassing a market cap of $15 billion. Even now, despite dipping significantly from its highs, $TRUMP still ranks among the top 5 cryptocurrencies globally in terms of market capitalization.
This launch brought a whole new crowd of Trump supporters to the Solana network, making their first-ever crypto investment in $TRUMP. Solana is renowned for its high-speed transactions, which now sees an average daily volume of around 430 million. Moreover, with more than 11B value locked, the network is gaining popularity day by day.
The success of $TRUMP also had a positive impact on Pump.fun, the largest meme coin marketplace in the crypto industry. With over 6.8 million token launches so far, Pump.fun has become the go-to platform for meme coin launches. It clocked a massive revenue of $116.72 million in January, just marginally ahead of Solana.
Solana hit a high of $295 on January 19. Since then, the token has seen a correction of 28% and is currently trading around the $210 levels. However, the long-term prospect for the token remains positive, and investors are using this dip as a good accumulation opportunity before a potential breakout.
With Solana set to roar, there’s one particular project that has caught the investors’ eyes: Solaxy ($SOLX).
What Is Solaxy ($SOLX)?
Over time, Solana has become overburdened with transactions, sometimes leading to failed transactions and slower throughputs. As the first Layer 2 solution on the Solana network, Solaxy ($SOLX) aims to tackle these issues.
Instead of processing each transaction individually, Solaxy bunches a number of transactions together and processes them in batches. This results in the consumption of fewer resources, ultimately resulting in faster outputs. Another benefit of this approach is cost; the overall transaction fee on $SOLX is less than on Layer 1 chains.
In essence, Solaxy solves the problems of speed, congestion, and scalability issues faced by the erstwhile Solana network.
Why Can $SOLX Be the Next 100x Crypto?
Another massive utility of Solaxy is that it offers the best of both Ethereum and Solana. As one of the best meme coins, $SOLX merges the benefits of Ethereum’s liquidity with Solana’s efficiency, connecting the two most active crypto ecosystems.
Plus, as mentioned above, Solana bulls are about to be in total control, meaning there’s very little doubt that Solaxy could be the next crypto presale to explode.
The $SOLX presale is ongoing and has raised over $17.3M so far. The next price hike is set to happen in less than a day, so the current price of $0.001622 might be the lowest you’ll ever see $SOLX at. Early adopters also get the chance to earn 232% APY staking rewards.
If this is your first time investing in a crypto presale, check out our in-depth guide on how to buy $SOLX.
However, since crypto investments are subject to market risks, it’s highly recommended you only invest an amount you’re comfortable losing. Also, this article isn’t meant to be a substitute for financial advice, and you must do your own research before investing.
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- New Defense Secretary Pete Hegseth Brings Cryptocurrency Holdings to the Pentagon's Top Post
- Feb 03, 2025 at 03:25 am
- New Defense Secretary Pete Hegseth brings cryptocurrency holdings to the Pentagon’s top post, with financial disclosures showing he owns between $5,000 and $15,000 in Bitcoin amid his broader support for digital assets.
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- Tether Reports a Whopping $13 Billion in Profits for 2024, Highlighting the Growing Dominance of Stablecoins
- Feb 03, 2025 at 03:25 am
- Tether's latest financial attestation reveals an impressive $13 billion in net profits for 2024, with $6 billion generated in Q4 alone. The report, reviewed by the independent accounting firm BDO, underscores the stablecoin issuer's growing dominance in the crypto sector.
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- 4 Best Performing Cryptos: BDAG, SOL, ETH & DOT— Set to Lead The Next Bull Run!
- Feb 03, 2025 at 03:25 am
- The crypto market keeps growing, making it challenging for investors to pick the best options. With so many digital assets competing, only a few stand out for their strong growth, solid technology, and increasing adoption. As major market players focus on the most promising options, four best-performing cryptos are shaping up to be key contenders for 2025: BlockDAG, Solana, Ethereum, and Polkadot.
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- PEPE Coin: A Meme-Based Cryptocurrency Inspired by Internet Culture
- Feb 03, 2025 at 03:25 am
- PEPE Coin is a meme-based cryptocurrency that draws its inspiration from the internet meme character Pepe the Frog. The coin has gained significant attention in the world of digital currencies due to its lighthearted nature and association with the meme culture.