More bullish information for crypto traders — Coinbase seizes on Trump’s pro-crypto stance and goes gloves-off in opposition to unfair crypto rules. One crypto presale, Solaxy, which plans to upscale the Solana ecosystem, has seen main momentum following this information.
On Tuesday, executives from the Coinbase alternate despatched out a letter urging the OCC, Federal Reserve, and FDIC for reforms to permit crypto in conventional banking.
In this context, traders are already eyeing US-made cryptos like Solana, with the potential for $SOL ETFs solely additional advancing the necessity for crypto C&E companies sooner or later. This surge in curiosity in Solana has additionally translated right into a boon for the Solaxy presale.
Coinbase Calls for Crypto Banking Services within the US
On Tuesday, US-based crypto alternate Coinbase sent out a letter urging federal banking regulators — the OCC, FDIC, and the Federal Reserve — to determine clear, constant, and truthful rulings and permit banks to supply custody and execution (C&E) companies.
According to Coinbase, C&E suppliers have been blocked from partnering with banks due to inconsistent and obscure pointers. This authorized hurdle stifled innovation and crypto adoption, however a regulatory overhaul may lastly bridge the hole between crypto and conventional monetary companies within the US.
If this request is met, it might make crypto extra accessible to on a regular basis customers and increase liquidity within the crypto market. Considering Trump’s pro-crypto management, Coinbase’s plea couldn’t be extra completely timed.
The President’s appointment of David Sacks because the White House ‘AI and Crypto Czar,’ and the change in SEC management are simply two extra telling indicators of a constructive shift within the US crypto market. Moreover, the potential introduction of Made-in-USA crypto ETFs may additional velocity up this course of.
With $SOL being the second-largest US cryptocurrency by market cap, Solana-focused challenge, Solaxy, is positioned for progress in 2025 and past.
That’s as a result of, as crypto adoption booms, Solaxy’s Layer-2 Solana chain may present the right platform for high-volume use instances like bundled transactions and DeFi companies.
Solaxy to Turbo-Charge the US’s Solana Blockchain
Solaxy ($SOL) is a new cryptocurrency project primarily based on Ethereum that goals to faucet into that blockchain’s liquidity to construct a Solana Layer 2. The institution of the Solaxy blockchain will guarantee speedy transactions and low slippage, however with out Ethereum’s hefty fuel charges.
According to the challenge’s whitepaper, this L2 will supercharge buying and selling on Solana, fixing the principle blockchain’s ache factors like community congestion, downtimes, failed transactions, and scalability limitations.
This will all be made attainable because of Solaxy’s off-chain transaction processing, which permits for higher efficiency and simpler scalability for high-volume use instances. These may embrace something from extraordinary crypto buying and selling to DApps deployment, DeFi companies, and different Web3 functions.
It’s this versatility and the truth that Solaxy bridges two of the foremost blockchains that give the challenge nice future positive factors potential, and the market appears to agree.
The challenge remains to be in presale, with the token and blockchain coming after the preliminary coin providing ends. However, $SOLX now sells for $0.001626, a 62% worth enhance for the reason that presale launched in late 2024.
Investors have already poured in over $18M into the challenge, pushing Solaxy almost midway to its fundraising aim in file time. And the presale momentum is just choosing up, with one whale just lately choosing up as a lot as $49K worth of $SOLX.
The challenge can also be gaining traction on social media, with a mixed following of over 70k followers on X and Telegram.
If you’re on the lookout for a sizzling new utility token, now’s the time to buy Solaxy and safe a 224% staking reward.
2025 Looks Promising for Solana & US Crypto Projects
President Trump’s pro-crypto method has emboldened crypto service suppliers to push for regulatory adjustments, with Coinbase being the latest appellant. In this context, made-in-the-USA cryptos and upcoming utility tasks like Solaxy may take pleasure in enormous potential positive factors.
Our $SOLX price predictions recommend the challenge might be one to observe, nevertheless, it’s nonetheless necessary to DYOR earlier than investing, irrespective of how promising the market sentiment appears. This article doesn’t present monetary recommendation, and crypto stays susceptible to wild swings, so all the time look twice earlier than you leap.
