Cryptocurrency
Solana Layer-2 ‘Solaxy’ is About to Smash $30 Million in Presale, Hinting at a SOL Comeback

The ongoing market crash has taken most heavyweights with it, and Solana is no exception. SOL is undergoing a significant price decline, dropping below the $100 mark to reach a 14-month low.
It has recorded a 20% fall on the monthly chart, raising concerns among investors and analysts alike.
Technical Indicators Point to Oversold Conditions
Solana’s Relative Strength Index (RSI) has entered the oversold territory. It suggests that SOL might be undervalued at current levels. Across various time frames, SOL demonstrates strong sell signals across various time frames, painting a bearish outlook.
The SOL price is likely to dip below $100 again before finding stability as the broader market regains its foothold.
Although most of the market is in a sea of red, Solana’s heavy reliance on meme coin activity has made its ecosystem susceptible to volatility. With the initial enthusiasm for Solana meme coins diminishing, the project is struggling to maintain its momentum.
A decrease in developer engagement due to a lack of scalability compounds these challenges. That has resulted in frequent network congestion and a significant decrease in decentralized exchange (DEX) trading volumes.
The prevailing negative sentiment in the market is obvious, yet a share of the SOL investor base remains resilient. They’re holding their positions, anticipating a market recovery, especially as Solana-based projects like Solaxy gain traction.
While Solana’s recent price action reflects broader market volatility, Solaxy’s red-hot presale signals a comeback. The project is on its way to smash the $30 million milestone, despite the market downturn.
A Layer-2 Solution for Solana
Solaxy brings an innovative approach to solving Solana’s network. The Layer-2 solution sets out to improve transaction speeds and reduce costs, and the vision has resonated with the audience, as the presale numbers show.
It highlights strong interest and confidence from the investor community even during the bear market. The token, now priced at approximately $0.001688, undergoes a small price increase with each new stage. The tiered pricing structure promotes early participation and gives early investors the advantage of lower entries.
Participating in the Solaxy presale is easy. Investors just need to connect a compatible cryptocurrency wallet like Best Wallet to the presale page. Since Best Wallet supports over 60 blockchains and includes a built-in fiat-to-crypto on-ramp, it is one of the fastest growing wallets among early investors.
Investors can use a wide range of payment methods to join the presale, including cryptocurrencies and fiat cards.
The Secret Behind Solaxy’s Success
Solaxy’s primary objective is to tackle the inherent limitations of the Solana network.
By processing transactions off the main chain, Solaxy can improve the overall performance of the blockchain. In other words, it could make the network more efficient and user-friendly.
The technical innovation positions Solaxy as a potential catalyst for the broader adoption of the Solana blockchain. With cross-chain compatibility with Ethereum in the pipeline, Solaxy could also open doors to strategic initiatives.
Attractive Incentives for Early Investors
Solaxy has launched a passive reward program for early investors. The staking mechanism allows presale participants to lock their tokens in exchange for attractive annual percentage yields (APYs) of approximately 140%.
Tomorrow’s Tech. Today.
◎ Lightning-fast swaps
◎ Minimized gas fees
◎ Enhanced scalability without compromising security$SOLX is built to handle high volumes effortlessly. https://t.co/mdaTX9aVVx pic.twitter.com/MdXfSYy0eF— SOLAXY (@SOLAXYTOKEN) April 4, 2025
It allows token holders to earn rewards by participating in the network’s staking program.
The Next Crypto to Explode?
Solaxy’s presale performance and technological backing position it as one of the most promising crypto projects of 2025. The passive reward program and low pricing further add to its appeal.
While the market is crowded with countless crypto projects that rely mostly on hype and speculation, Solaxy focuses on solving real problems.
As the market recovers, Solaxy could potentially ignite a rally, rewarding early backers. However, the presale won’t wait till then. An early sell-out might be the horizon, with the presale fast approaching the $30 million milestone.
Visit the Solaxy (SOLX) Presale
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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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