Can SOL Surge To $551 In 2025 Despite Token Unlock? First Solana Layer-2 Tops $23.5M In Presale
Solaxy’s ($SOLX) fundraising to build Solana’s first Layer-2 is surging, with its ICO now surpassing $23.5 million.
Meanwhile, market sentiment remains gripped by fear as Bitcoin slipped below $90,000 on Monday. This bearish outlook has spilled over to Solana, which has dropped to $141 at the time of writing, with concerns mounting over its upcoming token unlock in March.
Despite the uncertainty, some analysts remain bullish on $SOL, projecting it could hit $551 this year. If that happens, Solaxy could ride the wave, positioning itself as a much-needed solution to Solana’s recurring network congestion issues.
For perspective, Solana once traded at just $0.50. Even at today’s price, it has surged an astonishing 28,129%. Similarly, at its current presale price of $0.001646 per token, $SOLX is seen as a bargain by analysts and influencers like ClayBro and Borch Crypto, who predict potential gains of 30x to 50x.
With the next presale s...