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Cryptocurrency News Articles

Solana Sets Its Eye at the $250 Goal – But These New ICOs Might Offer Better Opportunities in 2025

Jan 14, 2025 at 06:31 pm

Solana's momentum is building, and the formation of a rounding bottom pattern—a classic bullish signal—suggests it could be gearing up to reclaim its previous all-time high near $264.

Solana Sets Its Eye at the $250 Goal – But These New ICOs Might Offer Better Opportunities in 2025

Solana could start to gain traction in the next few weeks as momentum builds, with the cryptocurrency now setting its sights on a potential $250 target.

This primarily comes from a combination of strong network fundamentals, increased adoption, and the new Firedancer upgrade.

At the same time, presale projects like Solaxy ($SOLX) and Wall Street Pepe ($WEPE) could start to draw attention with some major ICO milestones reached.

Let’s break down what’s happening.

Solana Sets Its Eye at the $250 Goal – But These New ICOs Might Offer Better Opportunities in 2025

Solana’s momentum is building, and the formation of a rounding bottom pattern—a classic bullish signal—suggests it could be gearing up to reclaim its previous all-time high near $264.

If buy-side volume surges in early 2025, Solana could even test the $300 mark by year’s end. On the flip side, a more conservative scenario could see Solana consolidating around $186-$200 (per TradingView data).

Recent developments on the network highlight Solana’s focus on scaling and efficiency. Upgrades like Firedancer, which improves validator operations and transaction speeds, are strengthening their role in decentralized finance (DeFi) and non-fungible token (NFT) ecosystems.

However, news of a significant Solana holder unstaking 245,922 SOL tokens worth $45.85 million and transferring them to Binance has brought concerns about a potential sell-off.

While no major sell orders have been confirmed, traders are watching closely to see how things will develop.

Sentiment around a possible U.S. Solana ETF approval remains positive, with markets estimating a solid chance of regulatory endorsement – this could be major news for Solana.

An approved ETF could further strengthen Solana’s ecosystem and attract more institutional capital, with a potential climb to even $400 by 2025.

Multiple asset managers, including Grayscale and 21Shares, have filed for Solana-based ETFs, with the SEC expected to make initial rulings by January 25, though delays until March remain possible.

Solaxy ($SOLX): The First Layer-2 Solution on Solana Smashes $10 Million Presale Milestone

Solaxy ($SOLX) is the first-ever Layer-2 solution built on the Solana network and it surpassed $10 million in presale investments at an unprecedented pace.

This project might tackle Solana’s persistent challenges, such as scalability and network congestion, while preserving its signature speed and affordability. With off-chain processing and rollup architecture, Solaxy reduces the strain on Solana’s Layer 1.

Its modular design helps developers create customized dApps with high throughput and ultra-low fees—a major advantage for the meme coin ecosystem, where efficient handling of large transaction volumes is essential.

With over 3.2 billion tokens already staked and staking rewards offering an impressive 343% APY, Solaxy presents a potential opportunity for early adopters.

Combined with a transparent roadmap and upcoming token generation, $SOLX has the potential to see some impressive results in the next few weeks.

Wall Street Pepe ($WEPE) Brings a Toolkit of Useful Features to Help Traders Get Better Results and Outperform Whales

Many everyday traders find themselves outmatched by whales and insider groups dominating the space.

Wall Street Pepe ($WEPE) might change this. While typical meme coins rely on humor alone, $WEPE offers its community practical tools to level the playing field.

With data-driven trading signals and tools designed to find hidden opportunities, $WEPE could take the guesswork out of trading. Whether it’s finding hidden gems or improving investment timing, the platform offers actionable insights.

For both active and passive investors, $WEPE includes standout features like alpha calls on presales and a staking option promising a 27% APY during its presale phase.

This dual appeal has helped with its meteoric presale success, with $47.7 million raised in just weeks—a testament to the excitement surrounding the project.

It’s attracting attention not just from traders but also analysts and influencers. YouTube channels like 99Bitcoins are hinting at potential 10x returns.

The Bottom Line

Solana’s next goal is to stabilize at $200 – if this happens in the next few days, the $250 target is attainable in the first quarter of 2025.

With Solana ETFs and the Firedancer upgrade coming soon as well, there are several factors that could help it surge.

At the same time, presale projects like Solaxy ($SOLX) and Wall Street Pepe ($WEPE) could also see some impressive growth in the upcoming period.

With robust features and tech fundamentals, it may be a good idea to keep an

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Other articles published on Jan 15, 2025