Solana On Verge of Breakout and Solaxy is the Next 100x Crypto Say Experts

Solana (SOL) has been quietly heating up again, its steady gains hinting at a potential breakout.

SOL’s technicals are looking bullish, and traders are definitely taking notice.

But one expert says the real 100x opportunity might not be in Solana itself, but a new Layer-2 built on top of it: Solaxy (SOLX).

Solana Price Climbs Past $140 as Technicals Point to Potential Breakout

Solana is back in the green this week.

It’s trading around $144 right now, up 3% in the past day and 15% over the last week.

SOL is still about 9% shy of last month’s high – but momentum is building.

Spot trading volume has surged to $3.5 billion in the past day, putting SOL ahead of XRP and BNB in terms of activity.

Open interest is climbing too, which is usually a sign that traders are getting more confident.

But the real question is: Can SOL break out even higher?

The token is inching back towards the key $150 resistance zone – one it’s already tested (and been rejected from) twice earlier this month.

However, things look different this time.

The 4-hour chart shows a clear pattern of higher highs and higher lows forming.

And zooming out to the weekly timeframe, the latest bounce aligns with the 0.382 Fibonacci retracement level.

The technicals are starting to line up, and if $150 gives way, SOL could move fast.

Spot ETF Buzz, Firedancer Upgrade, and Meme Coin Hype Could Fuel SOL Rally

A few big catalysts on the horizon could give Solana the boost it needs to break through resistance – and maybe even kick off an extended rally.

First, there’s a growing buzz around a possible spot Solana ETF.

Filings from major players like Franklin Templeton and VanEck are in the works, and if the SEC approves them, it would be great news for SOL.

We’ve already seen what these ETFs did for Bitcoin and Ethereum.

If Solana gets the same treatment, the $150 resistance zone could become a distant memory.

Then there’s Firedancer.

This high-speed validator client from Jump Crypto is designed to crank Solana’s throughput into the millions of transactions per second.

That could be huge, especially for a network that’s faced congestion challenges.

If Firedancer goes live in the coming months – and actually delivers what it promises – developers and traders could flood back to Solana.

And let’s not forget meme coins – all it takes is one viral token to kick off the Solana meme coin narrative again.

Is Solaxy Positioned to Benefit From Solana’s Surge? Experts Say SOLX Could 100x After Launch

Solaxy could be one of the biggest beneficiaries if Solana does break out.

As the first Layer-2 scaling solution custom-built for Solana, Solaxy aims to tackle the network’s congestion issues head-on.

During meme coin frenzies – like the TRUMP launch – Solana has been known to buckle under the pressure.

But Solaxy’s rollup tech is designed to smooth all that out by processing transactions off-chain and then settling them securely back on the mainnet.

That’s where the opportunity lies. If Solana explodes past $150 and draws in more users, dApps, and trading volume, demand for better performance will follow – and Solaxy fits that bill perfectly.

Its SOLX token powers everything in the ecosystem, from staking to governance.

And with $27.9 million raised in presale already, the buzz from the trading community is building fast.

Some experts, like Myles G, have called SOL a potential 100x play, especially given its dual-chain setup that taps into both Solana and Ethereum’s liquidity.

SOLX has even been audited by Coinsult, who found no issues.

If Solana rallies and Solaxy’s launch goes as planned, SOLX could be in the right place at the right time – meaning the next few weeks will likely be exciting for early backers.