It’s been a crazy year so far for Solana, climbing past $290 in January before tumbling to $125 in late February.

But according to one expert, a new project is positioned to turn things around – driving SOL to $300 by the end of the year.

That project is Solaxy, a Layer-2 solution that’s already raised over $25 million during its presale.

SOL’s Price Struggles but Traders View Solaxy as Next Big Catalyst

Solana has been in a weird spot lately.

After a solid start to the year, it has cooled significantly, now sitting at $143 – well below its January high.

Monday’s crash shook the market, but SOL has clawed back some ground since then.

Still, the hype isn’t what it was at the start of 2025, and many traders are sitting on the sidelines, waiting for a reason to return.

That reason might be Solaxy.

This new Solana Layer 2 promises to solve some of the network’s biggest issues, like congestion and scalability bottlenecks during high-traffic periods.

Built with rollup technology, Solaxy takes transactions off-chain, bundles them up, and processes them more efficiently.

It’s like cramming a bunch of small packages into one large shipment instead of sending them individually.

As a result, users enjoy faster speeds, lower fees, and a smoother experience overall.

And it’s not just an idea on paper – Solaxy’s presale has now raised $25.3 million in early funding, showing massive investor confidence.

Can Solaxy Help Solana Hit $300 This Year? Experts Say It Can

Meanwhile, not everyone is writing Solana off just yet.

Some traders still think it has a shot at $300 this year – especially if economic conditions shift in its favor.

One trader, Xremlin, pointed out that if quantitative easing (QE) returns, we could see a repeat of 2021, when excess liquidity flooded into risk assets and sent crypto soaring.

Back then, people were able to retire off their gains.

If a similar environment plays out, SOL could benefit – and potentially rally to $300.

Crypto expert ClayBro sees another key factor that could help SOL towards this target: Solaxy.

In a recent YouTube video, he admitted that Solana doesn’t necessarily need a Layer 2 right now, but he’s betting it will in the future.

As interest in Solana picks up again, congestion will return, and Solaxy could be the solution that keeps the network running smoothly.

If he’s right, it could help push SOL to new all-time highs.

Beyond SOL’s Price Potential – What Coul Solaxy Offer for Early Investors

But that’s not all.

Even if you’re not betting on Solaxy pushing SOL to $300, there are still plenty of reasons to be excited about this project.

One of the biggest is its staking program, which offers huge APYs – early participants currently receive 162% during the presale phase.

Those rates gradually decrease as more people get involved, but for now, they have helped lock up a substantial portion of the SOLX supply – encouraging long-term holding.

Solaxy is also building momentum on social media.

Its Telegram channel has exploded to over 8,800 members, while its X (Twitter) page has grown to 71,400 followers.

That growing support could help drive demand when SOLX launches.

Speaking of which, Solaxy’s team already has plans to list SOLX on a DEX shortly after its presale ends, with 10% of the supply set aside for liquidity.

Security-wise, the project has undergone an audit from Coinsult, which found no major issues.

Everything looks in place for a highly anticipated network launch.

If Solaxy’s team delivers on their promises, the project could play a key role in Solana’s next growth phase.

Visit Solaxy Presale

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