Solana has crashed to $100 today, but seasoned investors believe this could be a lucrative buying opportunity for a 460% gain. Reflecting this excitement, ecosystem tokens such as Solaxy continue to charge ahead, even while Solana tumbles.
Analysts Tip $SOL to Reach Between $350 – $550 This Year
According to top analysts, the recent market dip may be just what Solana needs to kickstart an ascent toward new highs.
In January, Solana reached an all-time high (ATH) of $294. At the time, the Solana ecosystem was also on fire, with countless meme coins worth well over $1 billion.
But things got a little too wild, and traders realised the market was overextended. Prices started to crash, and now Solana trades at $100. Its price has collapsed 15% today and 19% this week.
However, this may be an opportune moment for investors to buy into Solana at a discounted price. Prominent analyst Nihilus believes that $SOL will range between $80 and $100 for the coming months before an explosive upward breakout in the later part of 2025.
The analyst anticipates that Solana could reach $350 amidst this recovery.
Similarly, CryptoYakuza anticipates a retest into the $80-$100 zone followed by a rapid uptick to new highs.
However, the analyst is even more bullish than Nihilus, forecasting $SOL to reach between $460 and $560 this year. That leaves room for up to a 460% gain for those who buy at its current price, even more so if Solana taps the range low around $80.
Solana Ecosystem on Fire Despite Market Crash
Look at the Solana price chart today, and you might think it’s a bad time to be exposed to its ecosystem. But head over to its ecosystem tokens list, and you’ll see that’s far from the case.
Top Solana meme coins such as Grass, SPX6900, and Fartcoin are in the green both today and this week. Fartcoin is leading the way on the weekly time frame with a 17% gain.
Meanwhile, infrastructure projects are also performing well. Saros, a trending Solana crypto wallet, has gained 95% this week. And Solayer, a new Solana scaling solution, has gained 11%.
Don’t let Solana’s recent performance fool you – there’s still big opportunity inside the ecosystem. There are millions of active users on Solana, and they’re continuing to trade even while the wider market struggles.
Solana is also set to receive a major boost when Solaxy launches its highly anticipated Layer-2 network later this year.
Top Trader Says Solaxy Could Give 10X Gains After Launch of Solana L2
Solaxy is building the world’s first Solana layer 2 blockchain, aiming to tackle the ecosystem’s congestion issue.
It’s currently undergoing a presale where it has raised over $29 million, making it the biggest ICO to ever take place on the network.
Solaxy promises to revolutionize Solana transactions. It will use off-chain computation and roll-up technology to make Solana cheaper, faster, and more reliable.
This will prevent the congestion problem that Solana faces in periods of peak network activity. This occurs because validators become overwhelmed with network demand, which reduces transaction speeds and increases failure rates.
With a use case that tackles a pressing issue for Solana, which has a $52 billion market cap, it’s unsurprising that analysts think $SOLX could give big gains. For instance, Jacob Bury recently predicted an explosive launch and said it could rise by 10x in the coming months.
The $SOLX token is a core component of the Solaxy ecosystem, used for gas fees, staking, and governance. This indicates that its demand will rise alongside Solaxy’s usage, and – given its benefits – the network will likely be in tall order.
However, the $SOLX presale price will gradually increase throughout the ICO, so potential investors should not wait around to get involved.
