The crypto market seems to have been relieved since Donald Trump was announced as the new POTUS. Frank Chaparro, an early Bitcoin investor, says this is the end of 4 years of regulatory “oppression” and “terrorism,” evident under the Biden administration.
Earlier, banks were given strict instructions to stay away from businesses with cryptocurrencies. This led to a massive bank move, where banks shut down businesses that had anything to do with cryptocurrencies.
According to Marc Andreessen, a venture capitalist, 30 of his startups were involved in banking. It's not like the banks have too much choice, either. They would face management harassment if they didn't do what they were told.
This “private sanctions regime”, as Andreessen calls it, crippled the entire US crypto market, and growth became stagnant. Pioneers left the US for better opportunities abroad. However, now it seems that the tide is turning.
Trump has been very vocal about his pro-crypto stance, which was one of his main election planks. Analysts expect that a number of crypto-friendly laws will be passed, and there have already been early signs. Trump Appointed Former PayPal COO David Sacks as the new AI and crypto czar.
Not that there is any second opinion about Trump's appreciation for the crypto market, but recently he was the first US President to get a glimpse of the BTC blockchain.
However, it is also expected that the Trump administration would adopt an America first strategy, where the focus would be more on native American assets such as Solana, XRP, and Ripple.
The Solana Sweet Spot
This news comes at just the right time – a new Bitwise report Solana is expected to rise over 3,000% by 2030. This means that the current price of $212 could go all the way up to $6,636, thanks to the “iPhone moment”.
Just as iPhone introduced technology to the world in 2007, Solana has built a fast, responsive and easy-to-use platform, which aims to simplify crypto investments for the average investor.
The report also expects Solana's current market share of 2.84% to increase to 11.36%. There is good data to support this claim as well. For example, SOL saw a 2,800% increase in early 2024. Even in the slow phase of 2023, SOL saw a 239% increase in daily active users.
According to Bitwise, Solana is also far more efficient than Ethereum's Layer-2 chain. And now, Solana has also introduced its first Layer-2 solution – Solaxy ($SOLX). If you want a piece of this Solana frenzy, now might be the right time.
Why Can $SOLX Be The Next Big Meme Coin?
Solana has been serving the crypto community for a while, and over time, it has been marred by a couple of issues. The traffic on Solana is too congested, which leads to slow or failed transactions, which introduces scalability issues.
This is where it is $ SOLX come into the picture. This is the first ever Layer-2 solution. It shares the load of Solana's Layer-1, resulting in smoother operation. $SOLX bundles transactions through batch processing, which translates to lower overall costs and higher returns.
$SOLX has received a lot of attention from meme coin investors and influencers and has become an investor the hottest pre-sale in January 2025. It has raised $10.8M in pre-sales, with several rounds still remaining. Early investors can also benefit from 325% APY guarantee rewards.
The project has reserved 10% of the total supply for registration and another 30% for development, showing the developer's long-term commitment to the project. 25% of the supply was kept for prizes and 15% for marketing. This reinforces the project's goal of building a community-driven meme space.
Now that experts have a positive outlook for Solana, Solaxy is ready to ride the bull wave. Currently available at $0.001602, $SOLX could making you a millionaire in 2025.
However, make sure you only buy $SOLX from the file official Solaxy presale pagebecause there are a lot of scams around, and you definitely don't want to lose money.
Decision
Investments in crypto markets are susceptible to external economic forces and can be highly unpredictable. That's why we advise you to do your own research and not take this article as financial advice. Consult your financial advisor before making any crypto investment decisions.
