Solana Price Prediction: SOL Surges 21% In A Week, But Experts Say This Layer-2 Presale Token Could Print 100X Gains For Investors

The Solana price is up over 21% on the weekly time frame after a 1% drop in the last 24 to trade at $126.58 as of 9:39 p.m. EST as investors accumulate the crypto.

Despite the climb in the last week, the SOL price is still down 8% on the longer-term yearly time frame.

Solana Price Gets Rejected By Resistance

4-hour chart for SOL/USD (Source: GeckoTerminal)

The Solana price was rejected by the $133.27 resistance in the last 24 hours, data from GeckoTerminal shows. 

Now, the altcoin could be at risk of testing the closest support level at $118.91 soon. A drop below this technical safety net might result in SOL falling all the way down to $107.04 if the sell pressure persists.

However, traders identifying the current Solana price as a buy opportunity might invalidate the bearish thesis. In this alternative scenario, bulls might try to breach the $133.27 resistance again. If successful, buyers could then push SOL up to as high as $145.75.

Technicals Warn The Solana Price Might Drop Some More

From a technical standpoint, indicators on SOL’s 4-hour chart warn the Solana price might drop some more in the coming few hours, with both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) showing early bearish signs.

In the last few hours, the MACD line has started to break away below the MACD Signal line. Not only is the current alignment of the two lines bearish, with the MACD below the Signal line, the growing gap between them also suggests growing bearish momentum.

Sellers also seem to have a slight upper hand against buyers, as suggested by the RSI that recently dropped below the neutral 50 mark. This was after the indicator’s readings fell from around 75 to the high 40s in the last 24 hours, indicating diminishing buyer strength over this period.

While sellers seemingly start to take control of the Solana price, investors are piling into the presale for Solaxy (SOLX), which popular YouTube channel 99Bitcoins, with over 725K subscribers, says has the potential to soar 100X after its launch.

Solaxy To Introduce Solana’s First Scaling Solution

Solana was launched as a more cost-efficient and faster alternative to the clunky Ethereum blockchain, which has attracted developers looking to build scalable applications. In recent weeks, however, Solana has become a victim of its own success. 

The hype around SOL-based meme coins, that even saw US President Donald Trump jump on the trend at the start of the year, has led to extreme levels of congestion on the Solana network. This has resulted in transaction failures, with many users also frustrated by slower processing speeds and higher network fees.

With so many projects now battling for Solana’s computational resources, the network is at risk of suffering another outage if something does not change soon. This is where Solaxy comes in.

The project will introduce the first layer-2 scaling solution for the Solana blockchain. Through its protocols, Solaxy will bundle SOL transactions together before they make their way to Solana. It will then submit the batches of transactions to the layer-1 blockchain for final verification. 

This approach is similar to the one used by Arbitrum and Optimism within the Ethereum ecosystem, and has been proven as a great way to increase the overall efficiency of a layer-1 network.

In addition to scaling Solana, Solaxy will also bridge the network with Ethereum. This will create a new platform that combines Solana’s high speeds and low fees with Ethereum robust security and thriving DeFi ecosystem. It will also give developers a scalable platform that can keep up with their growing demands, enabling them to build the next best crypto app.

Solaxy Presale Goes Parabolic As Investors Bet Big On The Project’s Future

Solaxy has raised over $30.2 million through its ongoing ICO so far, signaling strong market demand for what the project has to offer. 

Investors that want to get in on this ground level of the project and join what is on track to become one of the best presales of 2025 can buy SOLX via the simple widget embedded on the project’s website. Selling for $0.001696, SOLX can be bought with either crypto or bank card.

Buyers that want to secure the best deal will want to act fast, because SOLX’s price will undergo a series of presale increases as its ICO progresses. The next price hike is set for around 39 hours.

Visit the Solaxy website.

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