Cryptocurrency
Solana Price Outlook: SOL Price to $300, What About Solaxy?

Solana’s (SOL) price has been on a tear lately, and even the most experienced investors are doing a double-take.
SOL is now hovering around the $260 level after soaring in the past week, especially since the launch of Donald Trump’s Solana meme coin.
But it’s not just Solana’s rally that’s turning heads. New projects building on the blockchain are getting a lot of attention – with layer-2 solution Solaxy (SOLX) raising over $12.3 million ahead of its official launch.
Traders Bet Big on SOL and Potential ETF Approval
It’s been an excellent week for SOL holders.
The token is up 52% from last Monday’s low and was up as much as 72% yesterday before cooling off a bit.
But even after that dip, traders are still buzzing about SOL.
Spot trading volumes are up 10% to $32.2 billion, and derivatives traders are flipping bullish, with open interest on the rise.
Much of this excitement seems to come from talk about a possible spot Solana ETF.
We’ve seen spot Bitcoin and Ethereum ETFs shake up the market, and now Wall Street is wondering if Solana could be next in line for regulatory approval.
JPMorgan’s analysts are optimistic – saying a SOL ETF could bring in $3 to $8 billion from big institutions.
However, it’s not just about a potential ETF.
With Trump back as president, his crypto-friendly comments have investors feeling more confident about the future of digital assets, especially big names like Solana.
Is Solana About to Hit $300? The Case for Continued Growth
So, how high could the SOL price go?
The token nearly hit $300 yesterday, reaching $294 before selling off.
But this sell-off looks more like a natural correction than a dead end for SOL.
On the 1-hour chart, it seems like a classic bull flag pattern is forming, and today’s rebound lines up nicely with the 0.5 Fibonacci retracement level.
This often signals another surge is incoming.
Solana’s fundamentals are also looking solid, suggesting there’s plenty of room for SOL to hit (or pass) $300.
Inflation is down, and developers are having a much easier time building applications on Solana.
Plus, with upgrades like Firedancer set to boost performance, many believe the blockchain is about to enter a new era.
Then consider the growing interest from big institutions in Solana’s real-world asset (RWA) and stablecoin projects.
When you consider all these factors, the $300 mark starts to look less like a peak and more like just another milestone.
Solaxy Presale Passes $12M Mark – Why This Solana Layer-2 Is Going Viral Amid $TRUMP Mania
It’s not just Solana that’s grabbing investors’ attention Projects building on the Solana ecosystem are also seeing demand – especially layer-2 solutions like Solaxy.
Solaxy kicked off its presale in December and has already raised over $12 million.
History shows that layer-2s can be huge for early investors, especially when the market is hot and network activity is spiking.
A prime example is Arbitrum and its native ARB token, which exploded shortly after hitting exchanges.
Solaxy is launching at just the right time. As Solana’s price climbs following the launch of Donald and Melania Trump’s meme coins, there will likely be more demand for solutions that can help it scale.
Solaxy’s off-chain processing and transaction bundling are perfect for this. Plus, it also works with Ethereum, which opens the door to a lot more liquidity – a feature that’s been key for other successful layer-2s.
Right now, SOLX tokens are available in presale for just $0.001608 each.
NASS CRYPTO, a crypto YouTuber with over one million subscribers, is bullish on SOLX’s prospects – describing it as the “next evolution” in layer-2 tech.
He also praised Solaxy’s built-in staking app and its high annual yields.
Of course, there’s no guarantee of success when it comes to early-stage crypto projects.
But with Solana potentially heading to $300 and Solaxy going viral in presale, this layer-2 newcomer is definitely one to watch.
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Cryptocurrency
Bitcoin Price Tests $110K as Total Liquidations Near $300 Million

Bitcoin’s price has managed to completely erase the losses from yesterday and it appears that bulls are on the run again.
At the time of this writing, BTC is trading at around $109,500, preparing to test the pivotal technical and psychological level of $110K, sitting right below the cryptocurrency’s all-time high.
Data from Coinglass shows that the total number of liquidations across the derivatives market currently sits at almost $300 million – a 32% increase compared to the previous 24 hours.
BTC leads the way with around $50 million in liquidations, where the majority of positions were short. In total, $190M out of the $300 million in forced-closed traders were betting on the price to go down.
Naturally, the altcoins are following suite and are also recovering and most of them are now trading in the green. It’s interesting to see if this will transition into a more sustained upward movement in the next few days.
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Cryptocurrency
Ripple (XRP) Price Outlook: 2 Bearish and 2 Bullish Factors to Watch

TL;DR
XRP’s recent dip comes alongside a drop in key on-chain metrics – like active accounts and executed transactions – hinting at declining user engagement and a potential short-term correction.
Despite the concerns, optimism remains high as Polymarket gives a 92% chance for a spot XRP ETF approval by end-2025, while negative exchange netflows suggest reduced immediate selling pressure.
Pullback on the Horizon?
Ripple’s XRP started July on the right foot, with its price rising to as high as $2.30. The uptrend, however, was short-lived, and it currently trades at around $2.17 (according to CoinGecko’s data).
Meanwhile, the decline of certain XRP metrics suggests the asset’s investors may have to endure a more substantial correction in the near future. Data shows that the number of active accounts, the number of executed transactions, and the number of newly activated accounts have headed south in the past few days.
This development points to reduced user engagement and utility in XRP’s ecosystem, which may lead to price stagnation or even a pullback.
Interest in Ripple’s cross-border token has also waned over the past several months. Google searches involving the asset are currently far below the peak levels registered in December last year. This could mean that fewer new buyers are entering the market.
The Bullish Signals
Every coin has two sides, so let’s also observe the factors that suggest Ripple’s native token might be on the verge of a renewed rally.
To begin with, XRP investors could gain significantly if a spot ETF receives regulatory approval in the United States. A growing list of major firms – such as Grayscale, Bitwise, Franklin Templeton, 21Shares, and others – have already expressed interest in launching such a product.”
According to Polymarket, there’s a 92% chance that a spot XRP ETF will be greenlighted in America before the end of 2025.
The surge in odds follows the SEC’s recent approval of Grayscale’s request to convert its Digital Large Cap Fund (GDLC) into a spot ETF – a fund that holds multiple cryptocurrencies, including XRP.
Next on the list is XRP’s exchange netflow, which has been predominantly negative in the last several weeks. This indicates that investors have switched from centralized platforms toward self-custody methods, reflecting a reduced immediate selling pressure.
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Cryptocurrency
Who is Selling Their BTC at These Prices? Glassnode Reveals Bitcoin Profit Takers

About a month ago, market analysts noted that profit-taking on the Bitcoin network was modest. However, that has changed.
The on-chain insights provider Glassnode has revealed that profit-taking on the leading digital network is ramping up again. This comes as Bitcoin (BTC) remains in a consolidation phase following weeks of upward movement.
BTC Holders Take Profits
According to Glassnode’s tweet, bitcoin’s realized profits hit $2.46 billion on June 30, while the network’s seven-day Simple Moving Average (SMA) spiked to $1.52 billion.
The SMA, which identifies trends by averaging prices over a specific period, is currently above its year-to-date (YTD) average of $1.14 billion. However, the metric is still below its November-December 2024 peak of approximately $4.5 billion.
The spike in Bitcoin’s seven-day SMA indicates that coin distribution on the network is on the rise. Mid-to-long-term BTC holders have been leading this profit-taking spree; Glassnode said investors aged three to five years have realized at least $849 million in profits. This cohort of market participants is followed by those aged seven to ten years, with $485 million in profits, and investors aged one to two years with $445 million.
Short-term BTC holders, those holding for under one year, have been cashing out the least gains, at less than $6 million.
Interestingly, older BTC holders have been leading the profit-taking for this cycle. CryptoPotato reported a rise in spending by this cohort in late May, which drove the aggregate volume for the one- to five-year cohorts to $4 billion, its highest level since February. While older investors take the lead, the bulk of the volume is coming from this particular group of Bitcoin holders.
Whales Are Redistributing Too
Glassnode’s latest report is further substantiated by an analysis from the institutional decentralized finance (DeFi) analytics platform, Sentora (previously known as IntoTheBlock).
The firm disclosed that wallets holding more than 1,000 BTC have been steadily reducing their balances. This indicates that although institutional money is flowing into Bitcoin, whales are still offloading their holdings.
It is worth mentioning that Sentora sees the redistribution by whales as a sign of a maturing market rather than weakness. Older whale coins being dispersed could become a dynamic that would strengthen Bitcoin’s long-term potential.
Meanwhile, BTC was still consolidating at the time of writing, hovering under $110,000 – a level, which it has remained confined to in the last few weeks.
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