{"id":11450,"date":"2025-02-05T11:46:43","date_gmt":"2025-02-05T11:46:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=11450"},"modified":"2025-02-05T11:46:43","modified_gmt":"2025-02-05T11:46:43","slug":"coinbase-fights-for-crypto-banking-in-the-us-while-solaxy-rides-us-coin-hype","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=11450","title":{"rendered":"Coinbase Fights for Crypto Banking in the US while Solaxy Rides US-Coin Hype"},"content":{"rendered":"
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More bullish news for crypto investors \u2014 Coinbase seizes on Trump\u2019s pro-crypto stance and goes gloves-off against unfair crypto regulations. One crypto presale, Solaxy, which plans to upscale the Solana ecosystem, has seen major momentum following this news.<\/p>\n

On Tuesday, executives from the Coinbase exchange sent out a letter urging the OCC, Federal Reserve, and FDIC for reforms to allow crypto in traditional banking.<\/p>\n

In this context, investors are already eyeing US-made cryptos like Solana, with the potential for $SOL ETFs<\/a> only further advancing the need for crypto C&E services in the future. This surge in interest in Solana has also translated into a boon for the Solaxy presale<\/a>.<\/p>\n

Coinbase Calls for Crypto Banking Services in the US<\/h2>\n

On Tuesday, US-based crypto exchange Coinbase sent out a letter<\/a> urging federal banking regulators \u2014 the OCC, FDIC, and the Federal Reserve \u2014 to establish clear, consistent, and fair rulings and allow banks to offer custody and execution (C&E) services.<\/p>\n

According to Coinbase, C&E providers have been blocked from partnering with banks because of inconsistent and vague guidelines. This legal hurdle stifled innovation and crypto adoption, but a regulatory overhaul could finally bridge the gap between crypto and traditional financial services in the US.<\/p>\n

If this request is met, it would make crypto more accessible to everyday users and boost liquidity in the crypto market. Considering Trump\u2019s pro-crypto leadership, Coinbase\u2019s plea couldn\u2019t be more perfectly timed.<\/p>\n

The President\u2019s appointment of David Sacks as the White House \u2018AI and Crypto Czar,\u2019 and the change in SEC leadership are just two more telling signs of a positive shift in the US crypto market. Moreover, the potential introduction of Made-in-USA crypto ETFs<\/a> could further speed up this process.<\/p>\n

With $SOL being the second-largest US cryptocurrency<\/a> by market cap, Solana-focused project, Solaxy,<\/a> is positioned for growth in 2025 and beyond.<\/p>\n

\"Top<\/p>\n

That\u2019s because, as crypto adoption booms, Solaxy\u2019s Layer-2 Solana chain could provide the perfect platform for high-volume use cases like bundled transactions and DeFi services.<\/p>\n

Solaxy to Turbo-Charge the US\u2019s Solana Blockchain<\/h2>\n

Solaxy ($SOL)<\/a> is a new cryptocurrency project<\/a> based on Ethereum that aims to tap into that blockchain\u2019s liquidity to build a Solana Layer 2. The establishment of the Solaxy blockchain will ensure speedy transactions and low slippage, but without Ethereum\u2019s hefty gas fees.<\/p>\n

According to the project\u2019s whitepaper<\/a>, this L2 will supercharge trading on Solana, solving the main blockchain\u2019s pain points like network congestion, downtimes, failed transactions, and scalability limitations.<\/p>\n

\"Solaxy\u2019s<\/p>\n

This will all be made possible thanks to Solaxy\u2019s off-chain transaction processing, which allows for better performance and easier scalability for high-volume use cases. These could include anything from ordinary crypto trading to DApps deployment, DeFi services, and other Web3 applications.<\/p>\n

It\u2019s this versatility and the fact that Solaxy bridges two of the major blockchains that give the project great future gains potential, and the market seems to agree.<\/p>\n

The project is still in presale, with the token and blockchain coming after the initial coin offering ends. However, $SOLX now sells for $0.001626, a 62% price increase since the presale launched in late 2024.<\/p>\n

Investors have already poured in over $18M into the project, pushing Solaxy nearly halfway to its fundraising goal in record time. And the presale momentum is only picking up, with one whale recently picking up as much as $49K worth of $SOLX<\/a>.<\/p>\n

The project is also gaining traction on social media, with a combined following of over 70k followers on X<\/a> and Telegram<\/a>.<\/p>\n

If you\u2019re looking for a hot new utility token, now\u2019s the time to buy Solaxy<\/a> and secure a 224% staking reward.<\/p>\n

2025 Looks Promising for Solana & US Crypto Projects<\/h2>\n

President Trump\u2019s pro-crypto approach has emboldened crypto service providers to push for regulatory changes, with Coinbase being the most recent appellant. In this context, made-in-the-USA cryptos and upcoming utility projects like Solaxy could enjoy huge potential gains.<\/p>\n

Our $SOLX price predictions<\/a> suggest the project could be one to watch, however, it\u2019s still important to DYOR before investing, no matter how promising the market sentiment seems. This article doesn\u2019t provide financial advice, and crypto remains prone to wild swings, so always look twice before you leap.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

More bullish news for crypto investors \u2014 Coinbase seizes on Trump\u2019s pro-crypto stance and goes gloves-off against unfair crypto regulations. One crypto presale, Solaxy, which plans to upscale the Solana ecosystem, has seen major momentum following this news. On Tuesday, executives from the Coinbase exchange sent out a letter urging the OCC, Federal Reserve, and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-11450","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11450"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/11450\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}