Ethereum and Solana Lead Crypto Recovery: Which is the Suitable Crypto for Today?
With Trump’s recent imposition of tariffs, the market has faced tremendous volatility. Still, some assets, like Ethereum and Solana, have been showing signs of recovery, increasing up to 10%.
At the same time, a new crypto presale has attracted many investors with its strong utility, which is why it is the smart crypto choices for your portfolio.
Recent Crypto Crash: Is This the Moment to Find the In-demand coins for investment?
On April 2, US President Donald Trump imposed tariffs on many countries, shaking up the market and causing volatility. For instance, Bitcoin dropped by 4.8% to $76,137, coinciding with the tensions.
Then again, just a week later, on April 9, Trump announced a 90-day pause on the tariffs with the exception of China, allowing some cryptocurrencies to bounce back to previous levels. For example, Bitcoin increased by more than 7% to $82,000 after Trump paused the tariffs. What does that mean for other cryptocurrencies? Will they manage to recover during these three months?
Ethereum and Solana, Valuable Crypto Investments Right Now, Lead Crypto Recovery
In spite of the recent crypto crash that resulted in most digital assets declining in value, Ethereum and Solana have succeeded in holding their ground. They witnessed strong buying action, rising by 10%. More specifically, Ethereum jumped by 9.8% at $1,610.55, while Solana was up 10%.
Source: CoinGecko
As market analysts closely watch its price action following its crash, Solana is back in the headlines. Its 24-hour trading volume is $7.2B, and SOL has been witnessing technical chart breakdowns and increased levels of speculative predictions, capturing the attention of institutional and retail investors. In fact, many are considering PayPal’s recent integration of SOL for US customers a testament to increasing institutional adoption.
The other trending asset with a 24-hour trading volume of $34.9B, Ethereum, has also been a hot topic, particularly because of its upcoming Pectra upgrade. Although its implementation has been pushed to next month, there’s hope it could boost investor interest and network activity.
Solaxy: A Hidden Gem and the Most Talked-About Crypto Investment?
Solana has long been struggling with validator hiccups, congestion, and failed transactions, causing frustration among its users.
That’s where Solaxy steps in as the most promising crypto to consider. The project is the first L2 on Solana, aiming to provide unmatched speed and low costs and avoid issues such as failed transactions or congestion. Solaxy is actively working on many developments, with recent ones including improved data throughput and TPS.
$SOLX is among the top popular tokens as it can help Solana to finally unlock developer confidence and sustained growth without compromising the performance it’s known for. Ethereum’s L2 has already become a multi-billion-dollar sector, and with Solaxy, Solana may be starting to build one of its own.
This is one of the most successful ICOs of the year, as $SOLX, its native token, has shown massive success, raising $1 million in the first 24 hours of launch. To date, Solaxy has raised more than $29.6M, and the presale is nearing its end. Those interested can buy $SOLX at a current price of $0.00169, with the price increasing in the next presale stage.
This is a popular digital currency to consider because of the rewards it offers, too. The presale allows holders to earn passive income by staking their tokens and getting rewards with an APY of 137%. The distribution of the rewards will happen over three years at a rate of 4377.4 tokens per ETH block. The tokenomics structure shows that 25% of the total 138,046,000,000 supply is reserved for rewarding early investors for their participation.
Many crypto investors and influencers believe in Solaxy’s potential for huge returns. In his YouTube channel, Myles G Investments has also talked about why he thinks $SOLX can be the next 100x crypto.
While Ethereum and Solana Lead Crypto Recovery, the Cryptocurrency With Strong Investment Potential Is Solaxy
The crypto market has been shaken up by the newly imposed tariffs, with most of the assets dropping in value. With Trump later pausing the tariffs, a few cryptocurrencies have bounced back, with Ethereum and Solana at the forefront. Their upcoming upgrades and increasing attention from institutional investors make these two players crypto coins with strong upside.
Meanwhile, a new presale star, Solaxy, can help Solana to finally unlock developer confidence and sustained growth without compromising its performance. With massive presale success and huge potential, Solaxy is undoubtedly the cryptocurrency with strong investment potential today.
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