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Solana Price Surges as New Trump Venture Lifts Market – May Solaxy Pump Next?

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The launch of Truth.Fi has shaken up the crypto market – and Solana (SOL) is capitalizing.

Trump’s newest company is planning a massive $250 million crypto investment.

Some traders are now searching for low-cap coins that could benefit from this potential investment.

Solaxy (SOLX) is one of these coins, having raised more than $16 million in its limited-time presale phase.

Solana Rallies After Trump’s Truth.Fi Prompts Crypto Market Speculation

Solana is trading around $241, marking a 6% jump in the past 24 hours.

It’s now the biggest gainer among the top 10 cryptos by market cap and has almost caught XRP in terms of daily trading volume.

SOL is now at its highest price since last Sunday.

This rebound seems linked to Trump Media & Technology Group’s Truth.Fi, a new financial entity that’s got everyone hyped.

Truth.Fi is looking to invest up to $250 million into digital assets, with Bitcoin firmly in its crosshairs.

That’s a considerable portion of the firm’s $700 million war chest.

And everyone’s speculating on which coins Truth.Fi might invest in alongside Bitcoin, with Solana looking like a prime candidate.

This isn’t Trump’s first exposure to the crypto market.

He’s been investing in it through World Liberty Financial and has also promised to create a strategic Bitcoin reserve for the U.S.

Market Sentiment Flips Bullish Despite Latest Fed Decision

The broader market is recovering, with Bitcoin and Ethereum back in the green – posting 3% and 5% gains, respectively.

But the biggest gainer has been Sui with a 14% rally that’s got everyone talking.

Trading volumes are soaring too, jumping 17% from yesterday’s figure.

Investor sentiment seems to be shifting from cautious to confident, as evidenced by the Crypto Fear & Greed Index returning to 70 – firmly in “Greed” territory.

All of this is despite the Fed keeping interest rates steady at yesterday’s meeting.

Usually, that kind of news would lead to a sell-off, but the market seems calm about it – suggesting expectations were already priced in.

Crypto analyst Rananjay Singh is calling it: “The bull run is taking shape again.”

And he might be onto something, given the climbing trading volumes and positive price action across the board.

Solana looks primed to capitalize, with the next key resistance level around $258.

If SOL can breach that level, there’s a potential path back to all-time highs.

Is This New Layer-2 Project About to Pump? Solaxy Passes $16M in Presale & Receives Influencer Endorsement

All of the buzz around Solana (and crypto in general) is putting the spotlight on Solaxy, a new Layer-2 project in presale.

With over $16 million raised already, Solaxy is positioning itself as the solution to Solana’s scalability issues.

It’s precisely the kind of infrastructure that could catch the eye of big players like Truth.Fi.

What’s interesting about Solaxy is its cross-chain approach.

Solana has always been one of the fastest chains, but Solaxy’s ability to bridge with Ethereum opens up a world of possibilities for traders and developers.

Solaxy promises to easily handle high-volume trading – an interesting pitch as more institutions look to get into crypto.

And there’s more since Solaxy also has a staking protocol built in.

Currently, annual yields are estimated at 243%, encouraging investors to lock up more than 4.7 billion SOLX.

The developers have a clear roadmap for after the presale, beginning with a DEX listing (and a potential CEX listing).

Some popular influencers are already optimistic about these listings.

ClayBro, known for his in-depth crypto analysis, believes that once Solaxy goes live, it could “take over” the meme coin space.

He believes its mix of utility and meme energy could set it apart from all of the useless meme coins launched every week.

Overall, things look promising for this new Layer-2 project – making it one to watch in early 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.

Readers are also advised to read CryptoPotato’s full disclaimer.

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Bitcoin (BTC) Reclaims $97K, Ripple (XRP) Soars by 12% Daily (Market Watch)

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The cryptocurrency market has shown some resurgence in the past 24 hours, with numerous leading digital assets charting mild gains. Bitcoin (BTC), for instance, climbed by 1% and surpassed $97,000 again.

Many of the well-known altcoins have performed much better than the primary cryptocurrency. Ripple’s XRP is the most evident example, with its valuation jumping by double digits.

BTC is Slowly Recovering

It has been a rather shaky week for Bitcoin (BTC), whose price fluctuated between under $95,000 and almost $100,000. It traded near the upper mark on February 7, but in the following days, it suffered a severe downfall. 

BTC Price
BTC Price, Source: CoinGecko

The price tumbled to its local bottom of less than $95,000 on February 12, shortly after the United States Bureau of Labor Statistics released the Consumer Price Index data for January. The actual inflation rate was higher than expectations which caused the entire crypto market to head south. 

The following day, though, BTC bulls regained control and pushed the valuation to as high as $98,000. However, the rally was short-lived, and the price once again plunged below $95,500. Over the past several hours, though, there has been a new resurgence, and BTC currently trades just north of $97,000.

The asset’s market capitalization is well above $1.9 trillion, whereas its dominance against the alternative coins slightly decreased to approximately 59.6% (per CoinMarketCap’s data).

XRP Shoots Up

As mentioned above, most altcoins have outperformed BTC in terms of daily gains. The biggest rivalEthereum (ETH)is up by 1.5%, while Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) have witnessed increases of 3% to 5%.

The best performer from the top 20 club today is undoubtedly Ripple’s XRP. Its price soared by 12%, reaching a 10-day high of $2.75. This happened shortly after the US SEC acknowledged Grayscale’s application to convert its XRP Trust into an exchange-traded fund (ETF).

While the sector’s landscape is predominantly green, there are some assets experiencing decreases. Binance Coin (BNB), which was at the forefronts of gains on February 13, is down 5% in the last 24 hours, whereas TRON (TRX) has slipped by 3%.

The total cryptocurrency market capitalization has climbed to $3.23 trillion, representing a 1.5% increase for the day.

Cryptocurrency Market Overview
Cryptocurrency Market Overview, Source: QuantifyCrypto

 

 

 

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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.

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BANANA is Live on LINE’s Dapp Portal, Pioneering AI-Powered Data Sovereignty and Rewards

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[PRESS RELEASE – Santa Clara, California, February 14th, 2025]

BANANA, the AI-driven idle game powered by CARV known for its meme-inspired banana collecting and innovative data monetization, is proud to announce its official launch on LINE’s Dapp Portal. After rapidly scaling to 18 million users on Telegram since July 2024—including 10 million in its first month—BANANA is now expanding to reach even more players, offering a seamless blend of privacy-preserving AI and fun gameplay.

Now available on LINE’s Dapp Portal, BANANA isn’t just another game—it represents a new paradigm where user-owned data fuels engaging experiences and transparent rewards. While traditional digital platforms capitalize on user data, BANANA flips the script with Trusted Execution Environments (TEE) and Zero-Knowledge Proofs (ZKP). These cutting-edge technologies ensure users’ personal data remains private while businesses gain verified, high-quality insights for marketing, research, and beyond.

At its core, BANANA empowers users to claim ownership of their data in a way that feels effortless. Players collect fresh bananas daily, each designed around trending memes, and share them with friends in a truly viral experience. Simultaneously, BANANA’s AI-powered system facilitates data monetization through user-approved interactions such as secure ad views and account linking. The result is a fluid, gamified experience that demonstrates how AI-driven data autonomy can be both profitable and entertaining.

Here’s what users can expect from BANANA:

Verified, Privacy-Preserving User Insights

  • High-Quality Data: BANANA’s Trusted Execution Environments (TEE) and Zero-Knowledge Proofs (ZKP) ensure that user data is genuine, secure, and fully consented, giving businesses reliable insights without running afoul of privacy regulations.
  • User Trust & Compliance: Thanks to privacy-by-design, businesses can confidently engage users while meeting GDPR and other data protection standards.

AI-Enhanced Engagement & Automation

  • Hyper-Targeted User Quests: AI dynamically generates tasks or campaigns aligned with individual user profiles, guaranteeing higher completion rates and deeper brand interaction.
  • Automated Workflows: AI companions execute certain actions (e.g., check-ins, reward claims) on behalf of users, promoting consistent engagement with your product or service.

Seamless Gamified Experiences

  • Increased Brand Loyalty: Gamification mechanics—the evolving AI agents in terms of “pets” and tiered capabilities and rewards will keep users engaged over the long term, building habit formation and brand advocacy.
  • Performance-Based Incentives: Rewards scale with user contributions and data quality, aligning brand goals with user motivations and reinforcing positive behavior.

BANANA invites everyone to collect bananas, nurture AI companions, and explore the future of data ownership.

About BANANA

BANANA is an AI-powered application with gamification experience by CARV. BANANA blends meme culture with user-owned data monetization and uses advanced privacy technology to ensure secure, transparent data sharing while rewarding users for their data contributions. Having already garnered over 18 million users on Telegram, BANANA now launches on LINE’s Dapp Portal to usher in a new era of AI-driven engagement and data sovereignty.

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Coin Terminal and ZetaChain Unite to Launch AI-Powered Crypto Hackathon with $1M in Funding

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[PRESS RELEASE]

CoinTerminal, one of the leading crypto IDO launchpads, has partnered with ZetaChain, the new L1 and Universal Blockchain for cross-chain interoperability, to host an exclusive online hackathon – AI3. This groundbreaking event aims to uncover the most promising and impactful blockchain projects, fueling their growth with up to $1 million in funding raised through CoinTerminal’s launchpad.

Bridging AI and Blockchain Innovation

The Coin Terminal AI Hackathon, powered by ZetaChain’s Universal Blockchain platform, invites developers, entrepreneurs, and blockchain enthusiasts to build transformative decentralized applications (dApps) that leverage artificial intelligence and multi-chain connectivity. With Coin Terminal’s expertise in aggregating and analyzing market sentiment in real-time and ZetaChain’s Universal Blockchain compatibility, participants will gain unique tools to bring their visions to life.

“Our goal is to identify and support the next generation of blockchain innovators,” said Hatu Sheikh, Founder of Coin Terminal. “By combining AI-powered insights with ZetaChain’s unparalleled cross-chain capabilities, we’re providing a launchpad for truly disruptive projects.”

Hackathon Key Features

Unlike traditional blockchain hackathons, this event focuses on:

  • AI-Powered Market Insights: Participants will gain access to CoinTerminal’s real-time crypto market analytics to refine their projects with data-driven decision-making.
  • Seamless Cross-Chain Development: With ZetaChain, developers can build Universal Apps that natively span with Bitcoin, Ethereum, Solana, and more.
  • Up to $1M in Growth Funding: Winning projects will receive investment support via CoinTerminal’s IDO platform, enabling them to secure capital and scale efficiently.

“ZetaChain is designed to unify the blockchain ecosystem,” said Alex Kim, Business Development at ZetaChain. “This partnership with Coin Terminal aligns perfectly with our mission to make cross-chain development seamless and accessible for developers worldwide.”

How to Participate

The online hackathon will run from the 20th to the 21st of February, welcoming projects, developer groups, and teams to compete. Participants will receive mentorship from industry experts, access to leading blockchain infrastructure, and a chance to showcase their projects to a panel of top judges in the Web3 space.

For more details and registration, users can visit the hackathon’s website.

With CoinTerminal’s cutting-edge launchpad platform and ZetaChain’s revolutionary blockchain framework, this hackathon is set to spotlight the most promising crypto innovations of the year. Users can join and be part of the future of decentralized technology.

About Coin Terminal

Coin Terminal is a leading launchpad in the Web3 space that has offered users the opportunity to buy in pre-sales along with investors like Binance Labs, Samsung NEXT, Arthur Hayes, and many more.

About ZetaChain

ZetaChain is the first Universal Blockchain with native access to Bitcoin, Ethereum, Solana, and more, offering seamless user experience and unified liquidity to the next billions of users. With its Universal EVM, ZetaChain empowers developers to build Universal Apps that operate natively across any blockchain, creating a fluid crypto ecosystem from a single platform.

Users can follow ZetaChain on Twitter @zetablockchain and join the conversation on Discord and Telegram.

Users can reach out to partnerships@zetachain.com if they are building on top of ZetaChain.

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