XRP and Solana have been feeling the heat lately, with their prices tumbling as the crypto market sells off.

But while some tokens are losing momentum, smart investors are already scouting for under-the-radar opportunities.

Enter Solaxy – a new Layer-2 project currently in presale that has just passed the $15 million mark.

XRP & Solana Prices Plunge as Investors Cash Out

XRP and Solana are having a rough time.

Both tokens have taken a serious hit as selling pressure ramps up.

XRP is hovering around $2.80, down more than 10% in the past day and 16% since last Monday – putting it at its lowest level since January 15th.

If this downtrend continues, it’ll mark four red days out of the last five.

Spot trading volume has actually jumped by 257% since yesterday, but this surge is likely due to investors selling off rather than new buyers stepping in.

Solana isn’t faring much better, dropping 10% to $227 and breaking below the 50-period EMA on the 4-hour chart.

Open interest is down 9%, and SOL seems to be in freefall as short-term holders rush to cash out.

Both tokens are caught in a bigger bearish trend.

Altcoins across the board are pulling back as investors lock in profits following the pre-inauguration rally.

It’s the classic cycle: take profits, then look for the next big opportunity.

Crypto Market Downturn Deepens Thanks to AI Fears & Liquidations

But it’s not just altcoins in the red – the entire crypto market is selling off right now.

Bitcoin has dipped below $100,000 for the first time since Trump’s re-election, and the market’s total value has shrunk by over 6% to $3.37 trillion.

Everything is taking a hit, from large coins to newly-launched tokens.

A big factor driving this sell-off appears to be the release of DeepSeek R1 – an open-source AI chatbot that’s spooked investors across both AI-related stocks and crypto.

Tokens like RNDR and GRT are leading the losses, and that selling pressure is spreading.

On top of that, leveraged positions are getting wiped out.

Over $808 million in leveraged longs have been liquidated in the past 24 hours, creating a negative feedback loop that’s pushing prices even lower and tanking market sentiment.

With key support levels breaking down, investors are wondering if a bottom is in sight or if the market will continue to slide.

Solaxy Presale Hits $15M Despite Market Slump as Expert Forecasts Major Gains

While most of the market is in the red, a few projects are managing to buck the trend – and Solaxy is one of them.

This Layer-2 solution has raised over $15 million in its presale so far.

Despite the market downturn, investors are still throwing in hundreds of thousands every day, drawn by Solaxy’s promise to fix Solana’s congestion issues.

With the presale price at $0.001616 and another price bump coming in under one day, the hype is building fast.

So, why all the excitement?

It’s because Solaxy could transform the Solana ecosystem for good.

It has features like off-chain processing, transaction bundling, and even cross-chain compatibility with Ethereum – which could make Solana faster and cheaper.

Crypto YouTuber Crypto June even claimed it might be the best Layer-2 play for “100x gains,” adding to the buzz.

Throw in staking rewards and governance perks for SOLX holders, and it’s easy to see why Solaxy has gone viral.

While the rest of the market looks shaky, Solaxy’s presale momentum proves investors are still hungry for new, useful projects.

It’s one of the few bright spots in a pretty rough market.

Visit Solaxy Presale

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Meme coins are considered inherently worthless and possibly without a future, but Ki Young Ju, the founder and CEO of the crypto analytics platform CryptoQuant, thinks otherwise. In fact, he has likened the fun sector to the art market, insisting that they have some similarities and could be viewed from the same lens.

According to a tweet, Ju believes value is assessed similarly in both the meme coin and art markets; both sectors “legitimize intangible value through narrative.” The meme coin sector is worth over $88 billion, while the art sector is worth roughly $550 billion, according to recent research.

Meme Coins Are Like Art

Using the same logic, Ju said the art market must be viewed as a scam if the meme coin market is considered as such. The CryptoQuant founder acknowledged that meme coins have many problems currently; however, that does not mean they will amount to nothing in the future.

Ju likened the current problems in the space to how Bitcoin was criticized ten years ago and tagged a speculative asset tied to drug deals and money laundering activities. Just like Bitcoin has evolved over the years and grown into a major global asset, the next few years could see the meme coin sector mature with the emergence of fair practices that would prevent the theft of investor funds through rug pulls and pump and dumps.

“Solvable problems are resolved over time. If inherently unsolvable, the industry collapses…This isn’t to dismiss Bitcoin but to encourage awareness of where the world is heading. I hope you can consider this as one possible future,” Ju stated.

Meme Coin Market to Mature By 2030

Furthermore, Ju asserted that the hype sound meme coins may fade, but the market itself will not “disappear.” The crypto analyst expects the sector to attain a more mature form around 2030.

“Of course, many unsightly elements remain, as the meme coin market is currently nearing the peak of inflated expectations. Eventually, the market will enter the trough of disillusionment, followed by years of gradual maturation,” he added.

Ju’s remarks come as the crypto industry witnesses a surge in the creation of meme coins from both top industry players and random users. Even celebrities and government officials are on the bandwagon. More than 50,000 meme coins are created daily – many more are released during intense hype – and crypto executives are advocating the need for the sector to evolve beyond fun and humor.

[PRESS RELEASE – Dubai, UAE, January 27th, 2025]

Zoth has unveiled its Pre-Deposit Campaign, as a part of its launch of the world’s first restaking layer for Real-World Asset Finance (RWAFi) that is designed to bridge the stability and trust of TradFi with the scalability and innovation of DeFi.

Zoth’s mission is to unlock the $2T tokenized fixed-income market by building a permissionless layer for on-chain and off-chain RWAs. Through the Pre-Deposit Campaign, participants can gain early access to ZeUSD, a stable token fully backed by investment-grade RWAs such as Treasury Bills and ETFs.

This presents an opportunity for early adopters to engage with the next wave of RWAFi, with the potential to earn competitive yields while participating in a dynamic and evolving financial ecosystem.

Democratising Real-World Asset Finance (RWAFi)

The global demand for tokenized RWAs is surging, with products such as Treasury Bills, ETFs, and Money Market Funds becoming increasingly desirable. However, structural inefficiencies and exclusivity within TradFi have limited access to these yield-bearing instruments for retail participants.

Zoth addresses these barriers through its re-staking layer, creating a decentralized ecosystem that democratizes access to RWAs for retail and institutional users alike. With ZeUSD, Zoth delivers a stable, omni-chain token fully backed by high-quality fixed-income assets, combining the stability of TradFi with DeFi’s innovation and scalability.

“This is just the beginning! Our innovative re-staking approach is redefining the way RWAs are brought on-chain. Together, we’re building the future of RWAFi,” added Pritam Dutta, Founder & CEO of Zoth.

As Koushik, Co-Founder & CTO of Zoth, opines, “At Zoth, we believe RWAFi’s full potential lies in inclusivity. Our mission is to ensure every user—big or small—has equal access to high-quality financial instruments.”

Key Features and Benefits of ZeUSD

ZeUSD is Zoth’s omni-chain, fully composable RWA-backed Collateralised Debt Position (CDP) stable token issued on top of high-quality liquid off-chain or on-chain RWAs like U.S. T-BIlls, ETFs, MMFs, Reverse Repos, etc.

Key Attributes of ZeUSD:

• Fully Collateralized Stability – ZeUSD is backed by a diversified mix of high-quality RWAs, ensuring trust and transparency.
• Cross-Chain Compatibility – Seamlessly interoperable across multiple blockchain ecosystems, improving liquidity and composability.
• Permissionless Issuance – Issuance is possible by allowing users to access and collateralize eligible RWAs, ensuring compliance and risk mitigation.
• DeFi Composable – ZeUSD can be seamlessly utilized across DeFi, maximizing yields for holders.
• Boosted Incentives – Stacked incentives comprising underlying RWA yield and boosted Zoth rewards.

Zoth tackles longstanding challenges in the RWA market, including limited accessibility, high fees, and institutional favoritism. By implementing the community-powered re-staking layer, Zoth unlocks a new paradigm of liquidity, accessibility, and incentives for all participants.

The ZeUSD Pre-Deposit Campaign

Zoth’s pre-deposit campaign offers participants an early opportunity to engage with ZeUSD and gain access to exclusive stacked rewards in a decentralized ecosystem.

Pre-depositors will be the first to mint ZeUSD with the RWAs of their choice from a list of curated RWA partners as part of Zoth’s ecosystem, which includes Hashnote USYC, Zoth ZTLN Prime, Matrixdock STBT, and OpenEden TBILL. Zoth’s re-staking layer via ZeUSD is actively onboarding more RWA partners, creating inclusive access across the RWAFi ecosystem.

For more information about the Pre Deposit Campaign, users can visit https://zeusd.zoth.io/predeposit

Previous Products and Traction

Zoth’s journey is marked by notable milestones that underscore its leadership in the RWAFi sector:

• Over 25M in on-chain TVL across products.
• Over 2M wallets were onboarded.
• 40M transactions were processed through the Atlas platform in the testnet phase.
• Founding team has built a $300M AUM fintech venture at AB InBev (the World’s largest brewing company).
• Previous customers of Zoth include Budweiser, Emirates Group, and Olea.
• Strategic Partnerships with TradFi & On-chain leaders like Standard Chartered Group, JM Financials, Chainlink, Singularity Group, and more.
• Built one of the largest RWA communities.

About Zoth

Zoth is building a community-first re-staking layer for the RWAFi ecosystem, blending the scalability of TradFi with the innovation of DeFi. Zoth creates a permissionless layer for on-chain and off-chain RWAs, enhancing their access and DeFi utility.

For more information and to participate in the pre-deposit campaign, users can visit www.zoth.io