{"id":642131,"date":"2025-04-08T09:37:22","date_gmt":"2025-04-08T09:37:22","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=642131"},"modified":"2025-04-08T09:37:22","modified_gmt":"2025-04-08T09:37:22","slug":"solana-price-prediction-sol-surges-8-but-investors-flock-to-this-red-hot-layer-2-crypto-presale-offering-a-138-staking-apy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/solana-price-prediction-sol-surges-8-but-investors-flock-to-this-red-hot-layer-2-crypto-presale-offering-a-138-staking-apy","title":{"rendered":"Solana Price Prediction: SOL Surges 8%, But Investors Flock To This Red-Hot Layer-2 Crypto Presale Offering A 138% Staking APY"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The Solana price surged 8% in the past 24 hours to trade at $110.71 as of 12:15 a.m. EST on trading volume that skyrocketed 82% to $9.7 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This rise in the SOL price comes as the crypto space rebounded in the last 24 hours, rising 1% to a $2.6 trillion market capitalization. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The Bitcoin price<\/span><span style=\"font-weight: 400\"> has also recovered to over $80,000 as markets recover from what was termed a likely &ldquo;Black Monday,&rdquo; which investors say could be another inverse-Cramer effect.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Jim Cramer: A 1987 &ldquo;Black Monday&rdquo; style crash is coming to Wall Street.<\/p>\n<p>We closed basically unchanged today. What a legend! <a href=\"https:\/\/t.co\/cyGiuECisC\">pic.twitter.com\/cyGiuECisC<\/a><\/p>\n<p>&mdash; Not Jerome Powell (@alifarhat79) <a href=\"https:\/\/twitter.com\/alifarhat79\/status\/1909340640279666941?ref_src=twsrc%5Etfw\">April 7, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Solana Price Shows Signs Of A Recovery<\/h2>\n<p><span style=\"font-weight: 400\">The <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/solana\"><span style=\"font-weight: 400\">SOL price<\/span><\/a><span style=\"font-weight: 400\"> action reflects a classic bearish reversal pattern that has unfolded over the past several months after forming a double-top pattern.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to <\/span><a href=\"https:\/\/www.geckoterminal.com\/bsc\/pools\/0x1e4600929edf7f36b4a7eac4c7571057d82a246c\"><span style=\"font-weight: 400\">Geckoterminal<\/span><\/a><span style=\"font-weight: 400\"> data, the two peaks reached similar highs around late December and February, with the neckline support established near the $150 level.<\/span><\/p>\n<p><span style=\"font-weight: 400\">After the second peak, the Solana price broke below this neckline, confirming the bearish breakdown and initiating a downtrend.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Following the breakdown, the price of Solana entered a consolidation range before dipping further into a marked Fair Value Gap (FVG) area, spanning roughly between $125 and $147.<\/span><\/p>\n<p><span style=\"font-weight: 400\">SOL recently rebounded from the lower boundary of this gap, suggesting that it may act as a near-term support zone. Notably, the price of SOL is currently trading around $110.71, showing signs of a minor recovery after a sustained decline.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Solana price is trading below the 50-day Simple Moving Average (SMA) at $136.23 and the 200-day SMA at $182.36, further validating a bearish crossover that occurred earlier in the year.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, the Relative Strength Index (RSI) is moving up from the oversold region, currently at 37, which indicates that Solana is moving towards a likely recovery. <\/span><\/p>\n<figure id=\"attachment_642135\" aria-describedby=\"caption-attachment-642135\" style=\"width: 1637px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-642135\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/04\/SOL_2025-04-08_07-15-48.png\" alt=\"Solana price Chart Analysis Source: GeckoTerminal\" width=\"1637\" height=\"676\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/04\/SOL_2025-04-08_07-15-48.png 1637w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/04\/SOL_2025-04-08_07-15-48-300x124.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/04\/SOL_2025-04-08_07-15-48-1024x423.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/04\/SOL_2025-04-08_07-15-48-768x317.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/04\/SOL_2025-04-08_07-15-48-1536x634.png 1536w\" sizes=\"(max-width: 1637px) 100vw, 1637px\"><figcaption id=\"caption-attachment-642135\" class=\"wp-caption-text\">SOL\/USDT Chart Analysis Source: GeckoTerminal<\/figcaption><\/figure>\n<h2>SOL Price Prediction<\/h2>\n<p><span style=\"font-weight: 400\">Assuming the current bounce from the FVG support continues, there is a potential for a recovery toward the upper end of the FVG zone, with a probable short-term target around the 50-day SMA at $136.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Further bullish pressure could push the Solana price through a 33% surge to the $147 resistance level.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Conversely, a failure to hold the $110 level could expose SOL to further downside, with the next major support likely closer to the $90&ndash;$100 zone.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, investors are buying a new Solana meme coin called <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/solaxy\" rel=\"nofollow\"><span style=\"font-weight: 400\">Solaxy (SOLX)<\/span><\/a><span style=\"font-weight: 400\">, which popular YouTube channel 99Bitcoins, with over 725K subscribers, says has the potential to soar 100X post-launch.<\/span><\/p>\n<p><iframe title=\"BEST 3 Meme Coins to Buy Now Before 2025?! (New 100X Potential Crypto!?)\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/7usUlycZEUs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>Solaxy Presale Races Towards $30 Million &ndash; Best Alternative To Solana?<\/h2>\n<p><span style=\"font-weight: 400\">Solana&rsquo;s ecosystem continues to grow, but scalability issues have capped its growth. However, Solaxy is poised to introduce the first SOL-focused layer-2 scaling solution to the market.<\/span><\/p>\n<p><span style=\"font-weight: 400\">One way Solaxy helps Solana scale is by processing transactions off the Solana mainnet and on its own layer-2 sidechain. <\/span><\/p>\n<p><span style=\"font-weight: 400\">There, it bundles transactions before submitting them to Solana for final validation.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">This approach reduces congestion during high-traffic periods &ndash; an issue that has challenged Solana during meme coin trading frenzies.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Investors are backing this idea, having already poured over $29.4 million in its blockbuster presale.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128680; Solaxy is now live in Upcoming Tokens! &#128680;<a href=\"https:\/\/twitter.com\/SOLAXYTOKEN?ref_src=twsrc%5Etfw\">@SOLAXYTOKEN<\/a> gives holders an opportunity to join the first-ever Solana Layer 2 blockchain. <\/p>\n<p>Solaxy is set to enhance blockchain innovation through limiting congestion, reducing failed transactions, and improving scalability on SOL.&hellip; <a href=\"https:\/\/t.co\/satNF6zFNF\">pic.twitter.com\/satNF6zFNF<\/a><\/p>\n<p>&mdash; Best Wallet (@BestWalletHQ) <a href=\"https:\/\/twitter.com\/BestWalletHQ\/status\/1869036158208147515?ref_src=twsrc%5Etfw\">December 17, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">Solaxy will also bridge the Solana and Ethereum blockchains. This will not only allow Solana to benefit from Ethereum&rsquo;s growing DeFi ecosystem but also create a new Web3 platform that leverages the strengths of two of the most prominent networks in the crypto space.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Solaxy also offers an attractive staking opportunity for SOLX holders, with an annual yield of 138%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Investors interested in participating in the presale can visit the official Solaxy website to buy SOLX tokens for $0.001688 each using BNB, ETH, USDT, or a bank card.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Buy before a price hike in about 33 hours to lock in the best deal.<\/span><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/solaxy\" rel=\"nofollow\"><span style=\"font-weight: 400\">Visit the Solaxy website<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<h3>Related News:<\/h3>\n<ul>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/sponsored\/bitcoin-price-prediction-btc-rises-2-but-experts-say-consider-this-meme-coin-ico-offering-free-bitcoin\"><span style=\"font-weight: 400\">BTC Rises 2%, But Experts Say Consider This Meme Coin ICO<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/sponsored\/top-crypto-gainers-today-apr-7-core-mantra-gmx\"><span style=\"font-weight: 400\">Top Crypto Gainers Today Apr 7 &ndash; Core, MANTRA, GMX<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/sponsored\/solidus-ai-tech-price-prediction-aitech-plunges-13-in-a-week-as-this-ai-pepe-coin-presale-charges-towards-8-million\"><span style=\"font-weight: 400\">AITECH Plunges 13% In A Week As This Presale Nears $8 Million<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div 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Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1907,"featured_media":642132,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[15057],"tags":[7598,10639,7992],"class_list":["post-642131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sponsored","tag-crypto","tag-solana","tag-technical-analysis"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solana Price Surges 8%, Investors Flock To This Red-Hot Presale<\/title>\n<meta name=\"description\" content=\"The Solana price jumped 8% in the last 24 hours, but investors eye this sizzling layer-2 presale boasting a 138% staking APY.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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