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Crypto Whales Appear to Be Buying Solana on the Dip, What About Solaxy?

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As the crypto markets dropped after Bybit’s recovery from the largest crypto theft in history, sentiment has turned overwhelmingly bearish and caused major dips to continue through the following week.

Bitcoin ($BTC) fell around -20% in the final week of February, while Ethereum ($ETH) was hit by drops totalling -26%. The price of Solana ($SOL) also took significant damage with a -25% move, contributing to a total of -57% from the L1 cryptocurrency’s all-time high of almost $296, set on January 19.

Amid the ongoing chaos, on-chain analysts have discovered major bullish whale activity surrounding the SOL cryptocurrency, highlighting the need for investors to look beyond red candles and focus on buying opportunities.

Meanwhile, Solana’s first Layer 2, Solaxy ($SOLX), has also raised nearly $24 million in its presale – and continues to give Solana supporters many reasons to expect a bullish 2025.

Solana Dip Disguises Hidden Opportunities

During large market dips – especially those that can be considered “corrections,” as they involve drops over 10% – panic and other negative emotions can easily cloud the judgement of even the most experienced investors.

Seeing large red candles on a price chart can be fear-inducing, especially when they come in quick succession. When this happens, zooming out and examining higher time frames can help to provide a birds-eye view of an asset’s price performance, and identify important levels to watch.

In the case of Solana, the presence of extensive wicks on a large number of daily candles shows how volatile this cryptocurrency has been since Donald Trump won the US presidential election on November 5:

In fact, SOL has been so volatile that it’s barely sustained a useful range or price trend for a meaningful period of time. Instead, SOL has generally stayed above $180 and below $260, with multiple extensions above and below those key levels – and an all-time high of nearly $296.

This continuous state of instability and uncertainty indicates that Solana’s price action is mainly driven by market sentiment – which keeps changing due to the Solana blockchain’s scalability and reliability issues.

Controversies surrounding the Solana meme coin community and launchpads like Pump.fun are also ongoing, creating even more fear around SOL’s potential as a long-term investment. Pump.fun suspended its livestreaming service when meme coin creators started broadcasting harmful material to promote their tokens – and the entire platform was banned in the UK by the country’s financial regulator.

Above all else, Solana’s biggest problems are failed transactions, network congestion, and the blockchain’s general scalability limitations. At the time of writing, Solana whales are still buying the SOL dip (establishing key support above $120), and a solid rebound would help to establish higher lows and a new uptrend.

For some savvier Solana watchers, however, the Solaxy ($SOLX) Layer 2 scaling solution is a tasty SOL alternative right now.

Solaxy Ready to Rescue Solana, ICO Nearing $24 Million

As noted above, Solana has not been able to create and sustain price trends or ranges that last long enough to enable high-probability price predictions – at least since November 2024. At the present time, bullish investors seem to have settled on $120 as a price level to front-run, creating sharp wicks and bounces that could lead to a new pump throughout March and April.

This makes Solaxy ($SOLX) arguably the most important part of the Solana ecosystem right now. As the very first Layer 2 (L2) solution for Solana, Solaxy aims to resolve some of the pain points that still restrict Solana builders and users from enjoying a consistently reliable Web3 experience. We’ve seen how these problems are causing major instability in the price of SOL – but Solaxy’s 2025 launch could set Solana on a bullish course for years to come.

Investors looking to be part of this historic development have already poured almost $24 million into the presale for SOLX, Solaxy’s native cryptocurrency. SOLX will act as a transaction fee payment method within the Solaxy network – and it will also enable groundbreaking levels of interoperability, thanks to its compatibility with the Ethereum and Solana blockchains.

This means that Web3 builders can draw on Ethereum’s liquidity resources while still benefiting from Solana’s speed and low network fees – making Solaxy and SOLX an ideal choice for DeFi, GameFi, meme coin, and NFT projects that generate high Solana traffic volumes.

For a limited time, the Solaxy presale is offering SOLX tokens at a discounted price of $0.001648. Passive income options are also useful during market dips – and SOLX tokens can be staked for an APY of 170% pa.

Visit Solaxy Presale

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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Memereum Surpasses $2M in Presale, Showcases Blockchain Insurance, as Ethereum Holds at $1,900

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[PRESS RELEASE – Monaco City, Monaco, March 14th, 2025]

The cryptocurrency market continues to expand with projects aimed at addressing evolving challenges. Memereum has surpassed $2 million in its token presale, indicating investor interest in blockchain-based financial models that integrate yield mechanisms with protective features. Meanwhile, Ethereum remains stable around the $1,900 mark, underscoring its position as a leading blockchain platform.

Memereum’s $2M+ Presale

Memereum’s presale achievement underscores a growing appetite for DeFi services that incorporate proactive risk management. Participants are drawn to the project’s promise of user safeguards, including a unique insurance mechanism. This emphasis on transparency and security has helped Memereum quickly gain traction, showcasing how a robust community and clear utility can attract funding even in competitive market conditions.

Blockchain Insurance Innovation

A key draw for Memereum is its on-chain insurance mechanism, which targets vulnerabilities like rug pulls, hacks, and rapid price fluctuations. By automating premium payments and claims through smart contracts, the platform reduces the complexity and potential bias often associated with traditional insurance. This model may support broader adoption as DeFi users explore mechanisms to enhance asset security while maintaining the efficiency of decentralized trading.

Ethereum at $1,900

While newer projects like Memereum continue to make strides, Ethereum has demonstrated resilience at around $1,900. Analysts attribute this steadiness to a mix of institutional interest, developer engagement, and the network’s ongoing improvements in scalability. As the backbone for many DeFi applications, Ethereum’s consistent performance can further bolster confidence in emerging platforms built on top of it.

Memereum’s Future & How to Join the Presale

Looking ahead, Memereum’s insurance-driven approach may set the stage for more robust risk-mitigation practices across DeFi. As Ethereum continues to anchor the broader ecosystem, projects that prioritize user safeguards stand to gain further adoption.

If you are interested in exploring Memereum’s potential or wish to join the presale, now is an opportune moment to become part of a venture shaping next-generation DeFi security. By integrating real-world insurance concepts with on-chain capabilities, Memereum aims to redefine the DeFi landscape for a broader and more risk-conscious audience.

About Memereum

Memereum focuses on providing a safer DeFi environment by offering an integrated insurance option for various assets. Its tokenomics revolve around a deflationary model, staking incentives, and community governance. By blending these elements, Memereum seeks to expand beyond typical yield protocols, emphasizing user protection and tangible utility for both newcomers and experienced crypto enthusiasts.

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Solaxy Presale Races Past $26M as Analyst Expects it to Pump After Launch

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Layer-2 project Solaxy just reached a major milestone – it has raised $26 million before its official launch.

And with one analyst expecting high potential returns for early investors, the buzz around Solaxy (SOLX) is reaching new highs.

Solaxy Aims to Fix Solana as Analyst Expects High Potential for SOLX

Solaxy aims to take the Solana blockchain to the next level.

It’s designed to supercharge Solana by tackling the key issues that sometimes slow it down – network congestion, failed transactions, and scalability limitations.

Basically, Solaxy wants to make Solana faster, smoother, and cheaper.

And this vision hasn’t gone unnoticed.

Umar Khan, an analyst for 99Bitcoins (a popular crypto analysis channel with 700K+ subscribers), recently discussed Solaxy in a video.

He didn’t mince his words – Khan said Solaxy could have major potential after it goes live.

Khan pointed to the project’s high staking rewards and the fact that it’s tackling real problems in Solana’s ecosystem.

He sees this as a strong signal of potential, and a project worth paying attention to.

As he put it, “if you believe in Solana, you are going to love this.”

But Khan isn’t the only crypto analyst hyped about Solaxy – fellow expert ClayBro also said SOLX could “lead the way” in the next bull cycle.

SOLX Token Presale Heats Up with Over $26M Raised

Currently, Solaxy is still in its presale phase, going from strength to strength.

It’s raised $26.2 million at the time of writing, with over $100,000 pouring in daily.

That’s a clear sign of just how much interest the crypto community has in Solaxy.

The current SOLX price is $0.001662, but it will rise every few days, rewarding the earliest investors.

Think of it like early-bird pricing: you get in at a much lower cost.

For those interested, SOLX can be secured through the official website or via the Best Wallet mobile app.

Once the presale wraps up, there will be a Token Generation Event (TGE), after which investors can claim their SOLX.

Solaxy’s Telegram and X (Twitter) communities have been blowing up as the presale unfolds.

There’s lots of talk about a potential price explosion once SOLX hits a DEX.

This often happens with presale projects – more accessibility and visibility can drive up demand, and with it, the price.

Early investors are hopeful this will be the case with Solaxy.

Examining the SOLX Audit, Tokenomics, and Potential

Solaxy team has had SOLX audited by Coinsult, a highly respected blockchain security firm.

That’s a good sign, as it shows they’re committed to transparency and building trust.

Beyond the audit, the project’s tokenomics are also well-structured.

Of the 138 billion SOLX tokens, 25% are set aside for rewards, 30% for development, 15% for marketing, 10% for exchange liquidity, and 20% for the project’s treasury.

So, what does the future hold?

It’s too early to tell if Solaxy will be a success, but if it delivers on its promises – fixing Solana’s congestion issues – it could attract a lot of users, especially developers building dApps.

The planned launch on DEXs and CEXs will increase access, potentially creating more demand.

All signs point to a bright future for Solaxy.

It’s a project that’s on a lot of watchlists heading into Q2 2025.

Visit Solaxy Presale

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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These Large Cap Altcoins Are Rebounding Following the Crash, According to Santiment

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The crypto market has struggled for eight weeks, causing retail investors to leave the industry or their assets until general sentiments improve. While most assets are in the red, the on-chain intelligence platform Santiment has found signs that some alternative cryptocurrencies are rebounding.

According to a report from the firm, altcoins with large capitalizations like Ripple (XRP), Binance Coin (BNB), Tron (TRON), and Stellar (XLM) have been quietly gaining momentum and even price dominance on bitcoin (BTC).

Altcoins Rebound Amid the Dip

Examining the on-chain activities of crypto projects, Santiment discovered that some are seeing surges in their network utility, active address count, whale activity, exchange inflows/outflows, and social sentiment. This can also be seen in Santiment’s Activity Matrix, which provides data for 114 of crypto’s most well-known assets in eight categories over a three-month range.

Santiment said the Activity Matrix indicates some projects have the potential to turn their fates around in the near future. The firm noted that most assets would see their lowest network activity in a year because retail traders could be waiting for market sentiment to improve before returning to their positions. Some assets witnessing this include Pepe (PEPE), Chainlink (LINK), and Shiba Inu (SHIB).

“Well, unfortunately, the price trend is more likely to continue for these projects than others. Ideally, during a market-wide price downturn, we see sudden pick-ups in whale transactions (indicating accumulation from them) or network growth (indicating upcoming on-chain transaction increases),” Santiment explained.

Positive Network Metrics

Santiment’s analysis found top candidates for each category in the Activity Matrix, including Dogecoin (DOGE), Pax Gold (PAXG), Magic Token (MAGIC), Audius (AUDIO), Uma (UMA), Joe (JOE), and Threshold (T).

DOGE is experiencing the highest rise in address activity. This means there is a rising amount of unique addresses interacting on the coin’s network, with an increasing number of individuals on the sending or receiving side of transactions.

For the highest network growth, Santiment highlighted PAXG as the top candidate, indicating that the network has more opportunities for rising utility in the future. Magic Token is seeing the highest number of transactions surpassing $100,000 in value. This shows that major stakeholders are taking an increasing interest in MAGIC.

Furthermore, Audius is seeing the highest rise in positive sentiment across crypto communities, while Uma is dominating discussions on social media platforms. PAXG emerged as another top candidate for exchange outflows, while Joe and Threshold are the top Mean Dollar Invested Age and Age Consumed risers, respectively.

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