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For the first time ever, Solana has beaten Ethereum in monthly revenue. Solana made around $116M in January 2025 as compared to Ethereum’s $107M. This makes a massive 96% month-on-month increase for Solana – it made $59M in December 2024.
On the flip side, Ethereum’s revenue took a 39% dip during the same period. The last year was fantastic for Solana. For context, it made only $6M in January 2024, and in just one year it has managed to topple Ethereum. The number of active addresses on Solana has skyrocketed, reaching a whopping 832K addresses per hour.
$TRUMP’s Launch a Major Catalyst In Solana’s Rally
A major reason for Solana’s January 2025 boost goes to the launch of the $TRUMP coin on the network. Just days before his swearing-in ceremony, Donald Trump launched his own meme coin on the Solana network at less than $10.
Within just 2 days, the coin soared to $75, reaching a market cap of $15B. Even now, i.e., when it has dipped a fair bit from its highs, $TRUMP is among the top 5 cryptocurrencies in the world as far as market capitalization is concerned.
This brought in a whole new crowd of Trump supporters to the Solana network, who made their first-ever crypto investment in $TRUMP.
Solana is known for its high-speed transactions. It now has an average daily volume of around 430M. Plus, with more than 11B value locked, the network is gaining popularity day by day.
The success of $TRUMP also rubbed off on Pump.fun – the largest meme coin marketplace in the crypto industry. With more than 6.8M token launches so far, Pump.fun has become the go-to for meme coin launches. It clocked a massive revenue of $116.72M in January, just marginally ahead of Solana.
Solana hit a high of $295 on January 19. Since then, it has seen a correction of 28% and is currently trading around the $210 levels. However, the long-term prospect for the token remains positive, and investors see this dip as a good accumulation opportunity before a potential breakout.
With Solana set to roar, there’s one particular project that has caught the investors’ eyes: Solaxy ($SOLX).
What Is Solaxy ($SOLX)?
With time, Solana has become overburdened with transactions, so much so that it sometimes results in failed transactions and slower throughputs. As the first Layer 2 solution on the Solana network, Solaxy ($SOLX) aims to tackle these issues.
Instead of processing each transaction individually, Solaxy bunches a number of transactions together and processes them in batches. This results in the consumption of fewer resources, resulting in faster outputs. Another benefit of this approach is cost; the overall transaction fee on $SOLX is less than on Layer 1 chains.
All in all, Solaxy solves the problems of speed, congestion, and scalability issues faced by the erstwhile Solana network.
Why Can $SOLX Be the Next 100x Crypto?
Another massive utility of Solaxy is that it offers the best of both Ethereum and Solana. As one of the best meme coins, $SOLX merges the benefits of Ethereum’s liquidity with Solana’s efficiency, thereby connecting the two most active crypto ecosystems.
Plus, as mentioned above, Solana bulls are about to be in total control, meaning there’s very little doubt that Solaxy could be the next crypto presale to explode.
The $SOLX presale is ongoing and has raised over $17.3M so far. The next price hike is set to happen in less than a day, so the current price of $0.001622 might be the lowest you’ll ever see $SOLX at. Early adopters also get the chance to earn 232% APY staking rewards.
If this is your first time investing in a crypto presale, check out our in-depth guide on how to buy $SOLX.
However, since crypto investments are subject to market risks, it’s highly recommended you only invest an amount you’re comfortable losing. Also, this article isn’t meant to be a substitute for financial advice, and you must do your own research before investing.
