Solaxy ($SOLX) Price Prediction: Will This Pepe Killer 100x?

Investors hoping for a market-wide bull run may be disappointed by some Pepe price predictions that have emerged recently, but that's not to say hope is lost.

Investors hoping for a market-wide bull run may be disappointed by some Pepe price predictions that have emerged recently, but that’s not to say hope is lost for the entire crypto industry.

Smart money whales continue to exhibit immense optimism about alternative investment opportunities, with Solana layer 2 blockchain Solaxy (SOLX) being a prime example.

Analyst James Wynn (known on X as "@thebesttimeframe") told his 26K followers that Pepe is due an imminent pullback based on the 4-hour time frame.

Meanwhile, another analyst named Surfa says that Pepe shows signs of distribution, which is a signal to sell or short at the current level.

Pepe was far from on a roll before these bearish predictions emerged, but it looks as though things are going from bad to worse. Currently, Pepe trades at $0.000007309, down 2.6% today, 23% this month, and 74% from its all-time high (ATH), which occurred on 9 December 2024. That’s a huge drawback for just three months.

But while Pepe faces an existential crisis, smart money traders have turned to other cryptocurrencies. Solaxy is proving to be one of the most popular. The project is tackling Solana’s congestion issue and increasing speeds with its first-ever layer 2 blockchain.

The project is currently undergoing a presale and has raised $27 million so far. Investors can buy $SOLX at presale for $0.00167, but this price will rise throughout the ICO. The next increase will occur in just over one day.

$SOLX price prediction stokes presale growth

Solaxy is gaining recognition from top crypto traders at a pace that very few other new projects are capable of.

Numerous leading industry players have publicly endorsed the project. For instance, in a recent video, Umar Khan appeared on the 99Bitcoins YouTube channel and said that $SOLX could give 100x gains.

Khan hailed it as a “Solana gem” and pointed to the project’s goal of revolutionizing Solana’s transactional capabilities.

Currently, Pepe has a $3.05 billion market cap, and the token’s purpose is purely price speculation. In comparison, Solaxy has raised $27 million with a use case that could change how users interact with the $65 billion Solana.

With that in mind, traders are taking Khan’s 100x forecast seriously.

The 99Bitcoins YouTube channel has over 700K subscribers, and this is not the first time they’ve posted about Solaxy. This is providing crucial visibility to Solaxy, which is a large driver behind its presale momentum.

As it stands, Solaxy’s $27 million raise makes it one of the biggest-ever public sales to launch on the Solana blockchain.

Tackling the Solana congestion issue with L2 roll-up technology

While Solana is highly scalable, capable of 6,500 transactions per second, the network continues to face congestion issues in times of peak activity. Most recently, this occurred when Donald Trump launched his meme coin on the network – but it can also happen for reasons such as when there’s a sudden price spike or high-profile token launch, causing an unexpected rise in transactions.

When congestion hits, it leads to longer wait times and many transactions failing. And in Solana’s earlier days, it would even lead to network outages.

Solana is slowly getting the issue under control, but Solaxy aims to eradicate it for good.

Solaxy will make Solana cheaper, faster, and more reliable. This will future-proof the ecosystem, positioning it for continued adoption and new use cases.

It’s a setup that could create billions of dollars in value for Solana – and that would be a huge tailwind for $SOLX to soar.

Last chance to buy $SOLX at $0.00167

While Pepe faces an existential threat and is on the verge of a steeper decline, Solaxy has burst onto the scene.

Its goal of solving a pressing issue on one of crypto’s hottest blockchains is proving popular among investors and top analysts.

However, with the Solaxy presale price increasing throughout the campaign, prospective investors should act now or face paying a higher price later.

Follow Solaxy on X or join its Telegram for updates. Alternatively, visit its official website to buy and stake tokens.