Solana ETF Odds Soar As Solaxy Raises $53 Million, Last Chance To Buy SOLX Cheap
The post Solana ETF Odds Soar As Solaxy Raises $53 Million, Last Chance To Buy SOLX Cheap appeared on BitcoinEthereumNews.com.
Solaxy (SOLX) has officially stormed past $53.8 million in presale funding. This milestone proves overwhelming investor demand for Solana’s first Layer 2 scaling solution. This historic achievement comes amid broader momentum in the Solana ecosystem. The price of Solana’s native SOL coin rebounded from the $148 support level over the past day. The speculation that a US spot Solana ETF could soon win approval from the SEC could have triggered the recovery. Prediction markets on Polymarket now give Solana ETFs a roughly 91% chance of getting regulatory approval this year. That fuels optimism and draws new eyes to Solana projects. As the first Layer 2 solution on Solana, Solaxy is capitalizing on this enthusiasm. It is positioning itself as a high-performance scaling chain built on Solana’s base layer. Investors now have one final opportunity to buy SOLX at the listing price of $0.001766. This last window is going to close in just six days. With ETF Odds Around 90%, Solana’s Rally Could Accelerate After Solaxy’s Debut Retail enthusiasm and a confluence of institutional and macroeconomic tailwinds have supported Solana’s latest rally above the psychological $150 level. For example, the Wall Street firm Cantor Fitzgerald has now started covering a group of Solana-focused public companies with bullish stock ratings, citing Solana’s superior technology and rapid developer growth compared to Ethereum. Meanwhile, the lineup of prospective Solana ETFs continues to grow. Giants like VanEck, Fidelity, Grayscale, and now CoinShares have joined the highly competitive race to launch a spot SOL fund. This level of support from top-tier institutions signals firm conviction in Solana’s future. Moreover, Bloomberg experts’ predictions are in line with Polymarket’s expectations. They are giving 90% odds to a potential Solana ETF approval by the end of this year. On the macro front, global monetary conditions are turning more favorable…
Filed under: News - @ June 18, 2025 1:28 pm