Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

Bitcoin Holds Strong Despite Israel-Iran Tensions – Weekly Resistance Begins To Crack

June 17, 2025

OpenAI clashes with Microsoft over AI future, threatens lawsuit

June 17, 2025

Sei price may crash 22% and then rebound

June 17, 2025

Ethereum whale buys $127m in ETH during dip, sparking bullish sentiment

June 17, 2025

Genius Group Expands Bitcoin Holdings by 52% Following Court-Ordered Resumption

June 17, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    Bitcoin Holds Strong Despite Israel-Iran Tensions – Weekly Resistance Begins To Crack

    June 17, 2025

    Genius Group Expands Bitcoin Holdings by 52% Following Court-Ordered Resumption

    June 17, 2025

    Dogecoin Sets The Stage For A Liftoff With Key Reversal Pattern

    June 17, 2025

    Polygon’s zkEVM Never Adopted Blobs, Now Running at a $1M+ Annual Loss: Researcher Claims

    June 17, 2025

    JP Morgan to Launch JPMD Coin on Base: Here’s What You Need to Know

    June 17, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Crypto News » Solana ETF Is Next, Last Chance to Buy Solaxy’s Layer-2 Presale
Crypto News

Solana ETF Is Next, Last Chance to Buy Solaxy’s Layer-2 Presale

Crypto Observer StaffBy Crypto Observer StaffJune 17, 2025No Comments4 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Here’s a list of the people who think a Solana ETF is incoming: everyone.

And here’s a list of the people who think a $SOL ETF could send Solana – and Solaxy, a much-needed Solana Layer 2 – sky-high: also everyone.

That’s right, Solana is gaining serious momentum.

Cantor Fitzgerald’s analysts report that Solana-focused firms DeFi Development, Upexi, and SOL Strategies will raise each raise $250M this year for various crypto-related efforts, including $SOL treasuries.

Both the pending $SOL ETFs and current treasury efforts underscore SOL’s strengths: a unified, low‑cost, and high‑throughput blockchain that enables native staking yields and positions it as an attractive treasury asset.

And how does this impact side projects like Solaxy, Solana’s first-ever Layer-2 chain? Let’s discuss below.

Solana’s TVL Climbs as ETFs Loom

Solana’s Total Value Locked (TVL) now exceeds $8B, and it maintains a vibrant developer base. Today’s treasury strategies are shifting accordingly, favoring scalable, productive blockchains alongside traditional reserve assets like Bitcoin.

Simultaneously, CoinShares joined other financial heavyweights in filing for a spot Solana ETF, featuring staking components and third-party custody via Coinbase and BitGo.

The filing aims to address SEC concerns about redemption and staking. While there’s no timeline on the SEC’s response and potential approval, analysts anticipate potential approvals in late summer or early fall 2025.

It’s worth noting that CoinShares’s filing was one of 8 on the same day for new $SOL ETFs.

Eric Balchunas Coinshares

Why the rush? In part because Solana is enjoying steadily growing adoption, despite relatively lackluster $SOL price performance.

Strategy’s Treasury Strategy Expands to Solana

As the drumbeat of Michael Saylor’s Bitcoin strategy goes on, companies beyond (Micro)Strategy are joining the bandwagon. After all, who doesn’t want their very own pile of crypto?

Michael Saylor Strategy

And in this case, companies are applying it to $SOL as well.

DeFi Development Corp notified the SEC back in April that it intended to sell $1B in securities to purchase $SOL. SOL Strategies, based in Canada, did the same in late May.

What does this mean for investors? At least three possibilities:

⬆️ SOL could be moving into the mainstream, attracting attention as a yield-generating asset thanks to its staking model and institutional embrace.

✅ Approval of spot $SOL ETFs would dramatically lower barriers to $SOL exposure through traditional brokerage venues.

📊Continued technological adoption and treasury-level interest could propel SOL further, though regulatory black swans and market volatility remain risks.

Solana stands at a pivotal junction, even as $SOL treasuries take off and Solana meme coins continue to get attention.

And the core Solana technical advantages – low fees, fast transactions – will get supercharged as Solaxy wraps up a dynamite presale.

Solaxy ($SOLX) – $54M Raised as Time Runs Out for Groundbreak Layer-2 Presale

$53.9M raised in its official presale – but with interest still sky-high, Solaxy ($SOLX) has opened a six-day window for investors to join the action.

Solana loyalists and meme coin enthusiasts, drawn by Solaxy’s potential as the first-ever Solana Layer 2, have added another $2M after the presale ended on Monday. That potential is taking shape with the Testnet Block Explorer and Bridge already live.

The full launch schedule kicks in with the Token Claim on June 23, then builds out with a Mainnet Launch and bridge connecting Solana, Ethereum, and Solaxy.

Multichain functionality is built into Solaxy from launch, with full Layer 2 deployment as the crowning achievement of a red-hot crypto presale.

Solaxy Launch Schedule

With Solana interest peaking at just the right time, how far could Solaxy go? Our own price prediction shows the token could reach $0.032, up 1,700% from its current $0.001766.

What is Solaxy? It’s the future of an already dynamic blockchain, combining Solana’s speed and low costs with Ethereum’s rock-solid framework and incredible ability to scale. Learn how to buy Solaxy, but don’t delay – this truly is the last chance to buy.

Visit the Solaxy Presale Page.

Solana Climbs Adoption Ladder – Will Solaxy Price Follow?

Curiously, Solana’s price seems to lag its adoption. Even as institutions flock to $SOL treasuries and ETFs, the token price lags far behind $BTC’s impressive performance.

Will Solaxy’s Layer 2 send both $SOLX and $SOL surging?

Do your own research. This isn’t financial advice – crypto markets are always volatile.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Holds Strong Despite Israel-Iran Tensions – Weekly Resistance Begins To Crack

June 17, 2025

Genius Group Expands Bitcoin Holdings by 52% Following Court-Ordered Resumption

June 17, 2025

Dogecoin Sets The Stage For A Liftoff With Key Reversal Pattern

June 17, 2025

Polygon’s zkEVM Never Adopted Blobs, Now Running at a $1M+ Annual Loss: Researcher Claims

June 17, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

Bitcoin Holds Strong Despite Israel-Iran Tensions – Weekly Resistance Begins To Crack

June 17, 2025

OpenAI clashes with Microsoft over AI future, threatens lawsuit

June 17, 2025

Sei price may crash 22% and then rebound

June 17, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Genius Group Expands Bitcoin Holdings by 52% Following Court-Ordered Resumption

June 17, 2025

Dogecoin Sets The Stage For A Liftoff With Key Reversal Pattern

June 17, 2025

Polygon’s zkEVM Never Adopted Blobs, Now Running at a $1M+ Annual Loss: Researcher Claims

June 17, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.