DOGE up 10% as Solaxy ($SOLX) Presale Raises $17.8M – Next Crypto to Explode?

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Solana’s First L2 Solaxy ($SOLX) Hits $17.5M in Presale: Best New Crypto Coin?
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Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice.

The cryptocurrency market saw a sharp rally late Monday, with Dogecoin surging over 15%. However, the bullish momentum didn’t last long.

After initial gains, the market dipped again after China announced new 10-15% tariffs on key U.S exports. This move has escalated global trade tensions, shaking confidence and adding fresh volatility to the crypto space.

Dogecoin Gains on ETF News and Institutional Interest

Dogecoin also saw notable gains, climbing over 10% to trade at $0.2606. This rally followed Grayscale’ filing of a 19b-4 form with NYSE Arca to convert its Dogecoin Trust into a spot ETF. This move could attract significant institutional inflow if approved, driving demand and boosting DOGE’s price.

Grayscale’s ETF filing reflects a growing institutional interest in Dogecoin, positioning it beyond its meme coin status. The potential for increased capital inflows could further legitimize DOGE as an asset, potentially pushing its value even higher.

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Market Volatility Returns Amid Trade Tensions

While the initial rally was fueled by optimism over paused US tariffs on Mexico and Canada, China’s new tariffs on key US exports reversed some of those gains. This development has reintroduced market volatility, with traders now cautious about the escalating trade war and its potential impact on global markets.

Solaxy ($SOLX) Presale Raises $17.8M – Next Crypto to Explode?

Solaxy ($SOLX) is quickly gaining attention as Solana’s first Layer 2 scaling solution, having raised over $17.8 million in its presale. With 64,700+ followers, Solaxy aims to tackle Solana’s network congestion and high fees.

What sets Solaxy apart is its ability to enhance scalability while reducing transaction costs. It connects seamlessly with major blockchains like Ethereum, making it ideal for DeFi platforms, meme coins, and high-frequency trading systems.

Solaxy also offers staking rewards of up to 245% APY. With over 5 billion $SOLX tokens already staked, early adopters are securing strong passive income while supporting network growth.

Currently priced at $0.001624, the presale is in its final phase. With demand rising, now’s the time to secure $SOLX tokens before the next price jump.

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Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.