{"id":5245,"date":"2025-01-02T12:30:33","date_gmt":"2025-01-02T12:30:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=5245"},"modified":"2025-01-02T12:30:33","modified_gmt":"2025-01-02T12:30:33","slug":"solana-breaks-1b-stablecoin-inflow-as-solaxy-raises-7m-headed-for-success","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=5245","title":{"rendered":"Solana Breaks $1B Stablecoin Inflow as Solaxy Raises $7M \u2013 Headed for Success?"},"content":{"rendered":"<div>\n<p>The turn of the year shines bright on Solana as the ecosystem received over $1B in stablecoin inflows in December.<\/p>\n<p>How and why did this happen?<\/p>\n<p>Easy \u2013 stablecoins exploded in popularity after Trump\u2019s November victory, and Solana\u2019s status as the home of the <a href=\"https:\/\/bitcoinist.com\/best-meme-coins\/\" target=\"_blank\" rel=\"noopener \">best meme coins<\/a> formed a natural combo.<\/p>\n<p>$SOL also rebounded from a low $182 to its current $206 in the past week, further solidifying the blockchain\u2019s breakout.<\/p>\n<p>In similar news, Solaxy (the first Solana Layer-2 project) just raised $7M in presale after a whale bought $152K $SOLX.<\/p>\n<p>Let\u2019s discuss what this means and how Solaxy could be the lightning in Solana\u2019s meme coin bottle.<\/p>\n<h2>Solana Rocks the Crypto Boat in December, Begins 2025 in Style<\/h2>\n<p>Between December 1 2024 and January 1 2025, the <a href=\"https:\/\/defillama.com\/stablecoins\/Solana\" target=\"_blank\" rel=\"noopener nofollow\">Solana stablecoin market<\/a> surged by 12.6%, from $4.6B to $5.18B.<\/p>\n<p>$USDC dominates at 74.07%, growing from a $3.33B market cap on December 1 to $3.83 on January 1 (with a total inflow of $962M).<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-360070\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/01\/image1.png?w=585&amp;resize=700%2C503\" alt=\"Solana stablecoin market cap\" width=\"700\" height=\"503\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/01\/image1.png?w=1408 1408w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/01\/image1.png?w=585 585w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/01\/image1.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/01\/image1.png?w=919 919w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/01\/image1.png?w=120 120w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/01\/image1.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/01\/image1.png?w=1140 1140w\" sizes=\"(max-width: 700px) 100vw, 700px\"><\/p>\n<p>And if we look at the yearly performance of Solana\u2019s stablecoin market, it\u2019s even more favorable. From $1.83B on January 1, 2023, to $5.21B one year later, it increased by 184%.<\/p>\n<p>It was Donald Trump\u2019s presidential victory against Kamala Harris that spurred this revival. His <a href=\"https:\/\/bitcoinist.com\/is-donald-trump-pro-bitcoin-stance-merely-political\/\" target=\"_blank\" rel=\"noopener \">pro-crypto promises<\/a>, coupled with Elon Musk\u2019s Dogefather reputation, swayed many crypto opinions and sealed the deal.<\/p>\n<p>Solana\u2019s meme coin sector benefited the most from this arrangement, reaching a <a href=\"https:\/\/www.coingecko.com\/en\/categories\/solana-meme-coins\" target=\"_blank\" rel=\"noopener nofollow\">current total market cap of $21B<\/a>. Let\u2019s see how they\u2019re doing.<\/p>\n<h2>Top-Performing Solana Meme Coin Jumps 177% in One Week<\/h2>\n<p>ai16z ($AI16Z) is the hottest $SOL meme coin around, with a <a href=\"https:\/\/coinmarketcap.com\/currencies\/ai16z\/\" target=\"_blank\" rel=\"noopener nofollow\">177% increase in the last week<\/a> and a 54% increase in its 24-hour trading volume.<\/p>\n<p>Other 24-hour top gainers include:<\/p>\n<ul>\n<li aria-level=\"1\">Quantum Gospel ($QOAT) with a <a href=\"https:\/\/www.coingecko.com\/en\/coins\/quantum-gospel\" target=\"_blank\" rel=\"noopener nofollow\">236% pump<\/a><\/li>\n<li aria-level=\"1\">Marie Rose AI ($MARIE) <a href=\"https:\/\/www.coingecko.com\/en\/coins\/marie-rose-ai\" target=\"_blank\" rel=\"noopener nofollow\">surged 206%<\/a><\/li>\n<li aria-level=\"1\">FlowerAI ($FLOWER) <a href=\"https:\/\/www.coingecko.com\/en\/coins\/flowerai\" target=\"_blank\" rel=\"noopener nofollow\">jumped 164%<\/a><\/li>\n<\/ul>\n<p>Overall, Solana\u2019s meme market cap jumped 15.5% in the last day, reaching $21.5B. Investors traded $5.3B in the same timeframe, showing resurging interest in the ecosystem.<\/p>\n<p>This is where Solaxy comes in, <a href=\"https:\/\/bitcoinist.com\/solaxy-layer-2-that-fixes-everything-about-solana\/\" target=\"_blank\" rel=\"noopener \">ready to upscale Solana\u2019s blockchain technology<\/a> to greater heights.<\/p>\n<h2>Solaxy\u2019s Layer-2 Promises a Solana 2.0, and It Sounds Great<\/h2>\n<p>Meet <a href=\"https:\/\/bitcoinist.care\/box_eb5be00ea5f4991d0472c14f347f4181\" target=\"_blank\" rel=\"noopener nofollow\">Solaxy ($SOLX)<\/a>, an up-and-coming Solana Layer-2 (L2) presale that\u2019s recently raised $7M and is now headed to the $8M milestone.<\/p>\n<p>The project promises a three-pronged solution to Solana\u2019s biggest challenges.<\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Solana Problem<\/b><\/td>\n<td><b>Solaxy Solution<\/b><\/td>\n<\/tr>\n<tr>\n<td>Congestion: Solana\u2019s network is heavily limited during high traffic, leading to significant network downtime.<\/td>\n<td>Off-chain processing: Solaxy sends transaction data to its L2, leading to faster and smoother transaction times.<\/td>\n<\/tr>\n<tr>\n<td>Scalability limits: The ever-growing ecosystem finds it increasingly difficult to grow according to demand.<\/td>\n<td>Transaction bundling: By processing transactions in batches, $SOLX maintains a higher throughput and lower costs than Solana.<\/td>\n<\/tr>\n<tr>\n<td>Failed transactions: Network overload leads to unreliable transaction execution.<\/td>\n<td>Layer-1 settlement: Solaxy finalizes all bundled transactions on Solana\u2019s mainnet for more security and uninterrupted service during network surges.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>$SOLX will also be fully customizable, which means developers can create tailored dApps using a modular infrastructure. So, you can optimize dApps for your specific use case in one of the fastest Solana chains.<\/p>\n<p>With Solana\u2019s recent popularity resurgence, Solaxy has seen incredible growth. One whale bought $$152K $SOLX on December 31, pushing for more investor interest.<\/p>\n<p>One $SOLX is currently $0.001588, with a total staked amount of $2.4B. The current staking APY is 471%, so holding it long-term is also viable.<\/p>\n<p>The project\u2019s smart contract was <a href=\"https:\/\/coinsult.net\/projects\/solaxy\/\" target=\"_blank\" rel=\"noopener nofollow\">audited by Coinsult<\/a>, who found no vulnerabilities. Its social media presence is also impressive, with <a href=\"https:\/\/x.com\/SOLAXYTOKEN\" target=\"_blank\" rel=\"noopener nofollow\">over 51K X followers<\/a>, one of the highest we\u2019ve seen for a presale.<\/p>\n<p><a href=\"https:\/\/bitcoinist.care\/box_eb5be00ea5f4991d0472c14f347f4181\" target=\"_blank\" rel=\"noopener nofollow\">Solaxy<\/a> is looking like a strong contender for 2025\u2019s top gainers, especially given its high utility, but we\u2019ll see how things unfold.<\/p>\n<h2>Are We Looking at a Solana Comeback?<\/h2>\n<p>There\u2019s no doubt about it \u2013 Solana is back. And it\u2019s looking better than ever.<\/p>\n<p>As it\u2019s edging closer to its $258 all-time high, the meme market is growing impatient by the day. ai16z is leading the pack, but others like Bonk and Pudgy Penguins are close behind.<\/p>\n<p>And itching to join the race is Solaxy, Solana\u2019s first Layer-2 project. Only time will tell if it\u2019ll grow to its full potential.<\/p>\n<p>Remember, this is not financial advice, and you need to do your own research before investing in meme coins. The industry\u2019s volatility makes these very risky investments, so extra attention is necessary.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The turn of the year shines bright on Solana as the ecosystem received over $1B in stablecoin inflows in December. How and why did this happen? Easy \u2013 stablecoins exploded in popularity after Trump\u2019s November victory, and Solana\u2019s status as the home of the best meme coins formed a natural combo. $SOL also rebounded from [&hellip;]<\/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-5245","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\/5245","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=5245"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/5245\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}