Cryptocurrency
Could Solana Hit $300 in 2025 as SOL Layer 2 Project Solaxy Raises $5M?

Solana has had a volatile month, losing nearly 22% but still holding its position above the crucial $180 support level. However, investor optimism is still high, with many traders expecting a rally and VanEck’s bullish prediction for 2025.
Meanwhile, Solaxy (SOLX) is a new Layer-2 project that is creating a lot of buzz in the Solana ecosystem. It broke through the $5 million barrier in its presale just a few days ago.
Could these two projects be set to boom in 2025?
SOL Rebounds From Crucial Support Level – Rally on the Cards?
Solana saw a nearly 10% drop over the past week and a 22% fall in the past month.
It then experienced a 9% gain over the past 3 days after rebounding from its $180 support. However, its trading volumes declined during this time, raising speculation if this slight recovery is the calm before another storm.
The altcoin also has found dynamic support near the 200-day EMA, which will likely provide reliable support in its upcoming rally.
Another reason the community is bullish is that Solana’s dominance in DEX activity and the meme coin space has still ensured its position in the spotlight.
The popular American asset management firm VanEck recently predicted Solana could reach $500 in 2025.
VanEck 10 Crypto Predictions for 2025
Prediction #1: Crypto bull market hits a medium-term peak in Q1, sets new highs in Q4. We project Bitcoin to be valued at around $180,000, Ethereum to trade above $6,000, Solana to exceed $500, and Sui to surpass $10.
— VanEck (@vaneck_us) December 13, 2024
According to Coinglass data, SOL’s long/short ratio on Binance stood at around 4.13 at the time of writing, reaffirming traders’ strong bullish sentiment.
This could be partly because SOL has been consolidating on its daily chart for a few weeks and forming the bullish flag-and-pole pattern.
Buyers should wait for a close above this pattern to gauge SOL’s immediate growth potential.
Meanwhile, new project Solaxy has caught huge investor attention due to its developing of a layer 2 blockchain to solve Solana congestion issues.
Many investors view this as a potential catalyst for Solana, particularly given its recent challenges with network congestion. Could this breakthrough bring fast, smooth, and cheap transactions on Solana?
Solaxy Could be the Answer to Solana’s Overload
Solana’s main chain has been pushed to its limits as traders keep piling in.
It’s been crippled by high-frequency trading overload and meme coin frenzies, leading to frustrating slowdowns. This is where Solaxy steps in with a mission to offer an “off-ramp” for transactions, taking the load off the congested network.
The project bundles transactions off-chain and settles them on the Solana mainnet in batches. This allows Solana to do what it does best: quickly process transactions without being bogged down by huge traffic spikes.
Early investors are clearly impressed by this concept, which is evident in its presale numbers. The project is witnessing an average inflow of $500K daily, and has raised over $5 million in total.
In fact, many believe Solaxy might provide the well-needed extra push needed to put Solana back in the spotlight.
Early Investor Excitement Around SOLX
At the heart of the project is SOLX, the native token of Solaxy’s Layer-2 network. This token facilitates transactions, staking, and governance.
Early investors can grab $SOLX for just $0.001578 at the time of writing. However, this price will increase in less than 24 hours when the presale enters the next stage.
The project’s team has also confirmed plans to list SOLX on major exchanges after the presale. This has triggered even more excitement, with investors speculating about potential price surges once liquidity opens up on bigger platforms.
It’s worth noting that SOLX has a supply cap of around 138 billion tokens. This is relatively small compared to some meme projects with an unlimited supply that could face inflation risk.
Triple-Digit Staking Rewards and Strong Investor Support
One feature that’s catching everyone’s attention is Solaxy’s staking portal.
It currently offers an APY of over 750%, but this figure will decline as more investors stake their SOLX tokens. On the surface, it might seem like just another staking gimmick. However, Solaxy positions it as part of a broader plan to grow the Solana ecosystem.
With over 1.5 billion $SOLX already staked, the project’s investor support seems quite solid.
Many popular crypto analysts and channels have highlighted Solaxy’s potential.
For instance, 99Bitcoins, a well-known channel with over 700,000 subscribers, recently reviewed Solaxy. In their new video, the analyst from their team discussed the project’s potential.
He highlighted how the hype could snowball further once SOLX is introduced to mainstream exchange audiences.
And it’s not even just about the big channels. Other analysts have pointed out how Solaxy’s concept could prove useful if Solana experiences another wave of high-volume trading.
Because users can offload their trades to a second layer, the entire ecosystem may run more efficiently—a win-win for both developers and traders.
If the project delivers on its promise, it could set a new benchmark for Layer-2 scalability within the Solana ecosystem.
Interested investors can follow Solaxy on X and join its Telegram channel to receive the latest project updates.
Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
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Cryptocurrency
Ethereum Foundation, Whales, and Hackers: What’s Driving the ETH Sell-Off?

TL;DR
- Whales, hackers, and the Ethereum Foundation wallets moved over $500M in ETH through large sales and withdrawals.
- Ethereum transfers rose to 4.6M ETH, nearing the monthly high of 5.2M recorded in July.
- Staking inflows hit 247,900 ETH, the highest in a month, locking more supply from trading.
Large Withdrawals and Whale Activity
Ethereum (ETH) has seen heavy movement from major wallets over the past few days. On-chain data from Lookonchain shows a newly created wallet pulled 17,591 ETH, worth $81.62 million, from Kraken in just two hours.
Over three days, two new wallets withdrew a combined 71,025 ETH, valued at $330 million, from the exchange.
One of these wallets, address 0x2A92, has withdrawn 53,434 ETH, worth $242.34 million, in two days. This includes a recent purchase of 30,069 ETH, valued at $138.46 million, during a market drop.
Major ETH Holders Offload Millions Amid Price Rally
In contrast, several separate entities have been disposing of some ETH holdings. A wallet tied to a hacker address 0x17E0 sold 4,958 ETH for $22.13 million at $4,463, securing a profit of $9.75 million. Earlier this year, the same address sold 12,282 ETH at $1,932 and later bought back part of the amount at higher prices.
A different whale sold 20,600 ETH for $96.55 million over the past two days, generating a profit of more than $26 million after holding the position for nine months.
Meanwhile, an Ethereum Foundation-linked wallet, 0xF39d, sold 6,194 ETH worth $28.36 million in the last three days at an average price of $4,578.
Recent sales from the same wallet included an additional 1,100 ETH and 1,695 ETH for over $12.7 million combined.
The #EthereumFoundation-linked wallet(0xF39d) sold another 1,300 $ETH($5.87M) at $4,518 ~11 hours ago.
Over the past 3 days, this wallet has sold a total of 6,194 $ETH($28.36M) at an average price of $4,578.https://t.co/4hfCWymHVG pic.twitter.com/ErUyEY8SJy
— Lookonchain (@lookonchain) August 15, 2025
Network Activity on the Rise
CryptoQuant data shows Ethereum’s total tokens transferred have been climbing since August 9. After ranging between 1 million and 3 million ETH through late July and early August, transfers have risen to 4.6 million ETH, approaching the monthly high of 5.2 million recorded in mid-July. This increase has occurred alongside a price rally from about $3,400 to $4,600.
Interestingly, staking inflows generally stayed between 20,000 and 80,000 ETH per day over the past month. On August 14, inflows jumped to 247,900 ETH, the highest in the period.
At the time, ETH was trading near $4,600. Large staking deposits reduce the amount of ETH available for immediate trading, as staked coins are locked for a set period.
In the meantime, ETH trades at $4,647 with a 24-hour volume of $68.25 billion, down 2% on the day but up 19% over the week.
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Cryptocurrency
Massive DOGE Whale Activity Hints at $1 Breakout

TL;DR
- Whales bought two billion DOGE this week, lifting their combined holdings to 27.6 billion coins.
- A single 900M DOGE transfer worth $208M to Binance drew attention to large exchange movements.
- DOGE broke key resistance, with momentum building for a possible push toward the $1 price mark.
Price and Market Moves
Dogecoin (DOGE) traded at $0.23 at press time, slipping 4% over the past day but still showing a 2% gain for the week. Daily turnover came in at about $6.18 billion.
Meanwhile, the broader crypto market saw over $1 billion in liquidations. Hotter-than-expected US Producer Price Index data pushed traders to scale back expectations of a near-term Federal Reserve rate cut. DOGE had roughly 290,500 coins liquidated during the sell-off.
On the two-week chart, analyst Trader Tardigrade notes that DOGE has cleared a downward-sloping resistance line after completing what appears to be a “wave V” in an Elliott Wave sequence. Similar setups in the past, where prolonged declines stayed within falling channels before breaking higher, have been followed by sharp rallies.
$Doge/2-week#Dogecoin is gaining strong momentum to surge above $1 pic.twitter.com/TuSEKr19nv
— Trader Tardigrade (@TATrader_Alan) August 15, 2025
Momentum gauges are also turning up. The Stochastic RSI, which had dropped into oversold territory, is now heading higher. Previous reversals from this zone have coincided with sustained upward moves. The current formation points to a possible run that could carry DOGE past the $1 mark.
Heavy Whale Buying and Large Transfers
As reported by CryptoPotato, blockchain data shows large investors have added two billion DOGE in the past week, spending just under $500 million. That brings their holdings to about 27.6 billion coins, or 18% of the supply. The buying streak has prompted speculation within the community.
Recently, Whale Alert flagged a 900 million DOGE transfer worth about $208 million into Binance. The tracking indicates that it originated from a wallet connected to the exchange, likely as an internal activity. The address involved holds 2.88 billion DOGE, one of the largest balances on the network.
Ali Martinez also reports that transactions above $1 million reached a one-month high, with activity building since early August and peaking as DOGE traded at $0.25.
Whales are back! Dogecoin $DOGE activity at a 1-month high. pic.twitter.com/C83Pv68mCt
— Ali (@ali_charts) August 14, 2025
Sentiment Building
Analyst Gordon described the current setup as “a nice bit of consolidation” before a potential breakout, adding,
“This will be one of the first coins normies FLOCK to & the pump will be MASSIVE.”
With whale accumulation rising, high-value transfers increasing, and a bullish technical pattern in play, DOGE is positioned for a potential push toward $1 if momentum holds.
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Cryptocurrency
Ripple Price Analysis: XRP at Risk as Key Support Levels Could Trigger Sharp Drop

XRP has recently entered a consolidation phase after a strong rally earlier this summer, with the price action now hovering around key resistance levels on both its USDT and BTC pairs. Yet, while momentum has slowed, the charts still indicate a generally bullish structure, with multiple key support levels remaining firmly in place.
Technical Analysis
By ShayanMarkets
The USDT Pair
On the XRP/USDT daily chart, the price is currently trading near the $3.10 mark, facing a strong resistance zone around $3.40. This follows a breakout above the $2.70 range in July, which has now flipped into a support area.
Both the 100-day and 200-day moving averages are also trending upward and recently formed a bullish crossover around $2.45, reinforcing the medium-term bullish sentiment. If the $3.40 resistance breaks, a push toward the critical $4.00 range becomes likely.
However, the RSI hovering near the neutral 50 level suggests a lack of strong momentum for now, meaning a short-term pullback into the $2.80 support zone is still possible.
This zone will be key for maintaining the bullish structure. Losing it could open the door for a deeper correction toward the 200-day moving average located around the $2.40 mark. Yet, as long as the price stays above the moving averages, the broader trend remains bullish.
The BTC Pair
Looking at the XRP/BTC chart, the pair has recently pulled back after hitting the 3,000 SAT resistance, with the price currently around 2,600 SAT.
This follows a clean breakout above the long-term descending channel and a successful retest of its upper boundary, which coincided with the 200-day moving average and the 2,400 SAT support zone. This confluence remains a key bullish technical factor, as holding above it could attract renewed buying pressure.
That said, RSI levels around 48 show that momentum has cooled after the sharp July rally, meaning XRP may continue ranging between 2,400 SAT and 3,000 SAT in the near term. A decisive close above 3,000 SAT would likely open the path to the 3,400 SAT zone, while losing 2,400 SAT could shift the bias back toward 2,000 SAT support. For now, the structure still favors the bulls as long as higher lows remain intact.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
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