Ethereum rebounds as Eric Trump endorses ETH, while Solana’s network congestion pushes investors toward Solaxy ($SOLX), the blockchain’s first Layer-2 scaling solution.
Ethereum has surged past $2,900 after US President Donald Trump halted planned tariffs on Canada and Mexico. Adding to the momentum, Eric Trump publicly encouraged his 5.4 million X followers to buy ETH, stating: “It’s a great time to add ETH.”
His post originally included the phrase “you can thank me later,” but he later edited it, removing those final five words.
This comes after a major sell-off in early February, triggered by Trump’s proposed tariffs, which caused Ethereum to crash to $2,368 in just an hour.
However, following the tariff pause and Eric Trump’s statement, Ethereum rebounded to $2,913 before stabilizing at $2,806.
Institutional Players Show Renewed Interest in Ethereum
Ethereum’s resurgence isn’t just about Eric Trump’s backing—major institutional investors are also making significant moves.
Blockchain data reveals that Trump-affiliated World Liberty Financial (WLF) transferred $307.41 million in assets to Coinbase’s custody platform on February 3.
Additionally, WLF unstaked 20,000 Lido Staked Ether (stETH), converting it back into ETH, and spent $5 million in USDC to purchase an additional 1,826 ETH at $2,738.
This investment could support WLF’s upcoming “Earn and Borrow” lending protocol, which is expected to launch later this year.
Meanwhile, Ethereum Foundation has allocated 50,000 ETH to enhance ecosystem development, reducing sell pressure while increasing staking rewards.
With Ethereum-focused marketing firm Etherealize launching on January 22, Wall Street’s interest in ETH continues to grow, suggesting further upside potential for Ethereum in the coming months.
Solana’s Congestion Issues Drive Investor Shift to Solaxy ($SOLX)
While Ethereum regains strength, investors are closely watching Solana, which continues to experience network congestion.
As meme coin activity skyrockets—particularly with Trump-themed Solana tokens flooding the network—Solana has struggled with transaction failures and high fees.
Solaxy ($SOLX) has emerged as the leading solution to this problem. It is Solana’s first-ever Layer-2 network, designed to process transactions off-chain before bundling them back onto Solana’s mainnet.
This innovation reduces congestion, slashes transaction fees, and improves network efficiency, making Solana’s ecosystem far more scalable.
Key Features of Solaxy ($SOLX):
– Processes up to 65% of Solana transactions off-chain to ease congestion
– Bridges Solana with Ethereum, boosting interoperability
– Designed for NFT marketplaces and trading platforms, offering faster and cheaper transactions
JOIN THE SOLAXY PRESALE – NEXT PRICE INCREASE IN 20 HOURS
With over 65,000 followers on X and 5,400 members on Telegram, Solaxy is quickly gaining traction among investors looking for a high-potential, utility-driven token.
Solaxy ($SOLX) Presale Surpasses $17.7M as Demand Grows
Solaxy’s presale has drawn significant investor attention, raising $17.7 million so far.
Currently, $SOLX is priced at $0.001624, but the next price increase is just 20 hours away, driving demand among early buyers.
Solaxy Tokenomics & Staking Benefits:
– Over 5 billion $SOLX tokens already staked
– Annual staking rewards at 229%, with rewards decreasing as more tokens are staked
– 30% of total supply allocated for long-term development
– 25% reserved for community incentives to drive adoption
– 15% dedicated to marketing and ecosystem expansion
To ensure maximum security, Solaxy’s smart contracts have been audited by blockchain security firm Coinsult, confirming no major vulnerabilities.
How Solaxy Stands Out Among Layer-2 Solutions
Unlike Ethereum-based Layer-2 networks like Arbitrum and Optimism, which focus on rollups, Solaxy uses a hybrid approach combining sidechain processing with Solana’s speed.
This allows Solaxy to reach speeds of up to 65,000 transactions per second (TPS)—far surpassing Ethereum’s Layer-2 networks, which typically handle 4,500 TPS.
Additionally, Solaxy’s transaction fees are expected to be as low as $0.001, compared to Ethereum’s Layer-2 average fees of $0.10–$0.50.
Challenges & Future Potential
Like any emerging technology, Solaxy faces challenges in ensuring smooth cross-chain integration and maintaining security.
SECURE YOUR $SOLX TOKENS BEFORE THE NEXT PRICE INCREASE
However, if Solaxy successfully delivers on its promises, it could become a game-changer for Solana’s scalability, making DeFi, NFTs, and meme coin trading more efficient than ever.
Ethereum’s Comeback & Solaxy’s Growth Potential
Eric Trump’s public support for Ethereum has reignited interest in ETH, while institutional moves indicate long-term confidence in Ethereum’s ecosystem.
Meanwhile, Solana continues to struggle with congestion, making Solaxy ($SOLX) a highly attractive solution for investors looking to capitalize on Solana’s scaling needs.
With Solaxy’s presale already surpassing $17.7 million, early investors see huge potential in its Layer-2 capabilities, which could make Solana more efficient, scalable, and cost-effective.
For those who missed out on the Trump Solana meme coin boom, this could be the next big opportunity—whether betting on Ethereum’s rally or securing a position in Solaxy before its official launch.
