Solana Price Prediction: Major Exchange Chooses Solana for New Decentralised Exchange Platform – SOL Adoption Rising

Decentralized Exchange Price Prediction Solana News
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Bybit’s plan to launch a Solana-based DEX has traders eyeing a major breakout — could this turbocharge the next Solana price prediction?
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Author
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated: 
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

The Solana price (SOL) has gone up by 7% in the past 24 hours just a day after Bybit – one of the world’s largest crypto exchanges – launched a new decentralized trading platform built on this blockchain.

Ben Zhou, the exchange’s CEO, shared details about the project on his X account. Byreal is the name of this new decentralized exchange (DEX) that will start to operate by the end of the month.

Zhou emphasized that Byreal combines “CEX-grade liquidity with DeFi-native transparency.” It will offer low slippage and prevent miners’ manipulation through MEV protection.

Byreal will directly compete with leading decentralized solutions within the Solana ecosystem like Raydium, Orca, and PumpSwap.

The token’s significant uptick in the past day indicates how excited market participants are for the news as it could attract significant transaction volumes to this blockchain. The news favors a bullish Solana price prediction.

Solana Price Prediction: SOL Eyes Retest of $185 After Support Bounce

Solana DEX volumes in the past 24 hours stood at $1.8 billion while they rose by 10.2% in the past 30 days to $77.43 billion according to data from DeFi Llama.

solana price prediction

The above-mentioned three DEXs account for more than three-quarters of that total with Raydium leading the pack with a 29% market share.

Looking at the daily chart, Solana (SOL) has bounced for a third time off the $140 level in the daily chart to solidify the importance of this key threshold. Meanwhile, trading volumes in the past 24 hours have nearly doubled.

The price has hit a key resistance at $155. This level acted as a ceiling for the price action previously. If SOL breaks out above this threshold and retests it from above it will confirm a clear runway to $185.

Momentum indicators favor a bullish outlook as the Relative Strength Index (RSI) has jumped above the 14-day moving average.

As the Solana network prepares to receive higher transaction volumes from Byreal, the need for a scaling solution like Solaxy (SOLX) is more evident than ever. This is one of the hottest crypto presales of the year and it is about to end.

Solaxy (SOLX) Enters Last 2 Days of Its Presale with $52M Raised

Solana has struggled to keep up with rising transaction volumes during peak usage periods like January this year when TRUMP and MELANIA were launched.

solaxy presale

Solaxy (SOLX) is a layer-2 scaling protocol for the Solana blockchain that bundles transactions offline in a side chain to alleviate the mainnet’s burden.

The developing team has already launched the Solaxy testnet and will launch the mainnet this month. A block explorer is available so investors can check the solution’s performance in real time before its official rollout.

With just 2 more days ahead before the end of its successful presale, this is the last opportunity that investors will have to grab $SOLX at its heavily discounted presale price of $0.001764.

This token will see a spike in its demand once the solution is embraced by top wallets and exchanges. In addition, the project offers attractive staking rewards that currently sit at 80%.

To buy $SOLX, simply head to the Solaxy website and connect your wallet (e.g. Best Wallet). You can either swap USDT or SOL or use a bank card to invest.

In the Article
Solana
SOL
$126.59
0.31 %

2M+

Active Monthly Users Around the World

250+

Guides and Reviews Articles

8

Years on the Market

70

International Team Authors
editors
+72 More
At Cryptonews, we aim to make cryptocurrency, blockchain, and Web3 understandable, and information available to everyone, no matter what level you are in your investment journey. Founded in 2017, Cryptonews has been dedicated to delivering reliable, multilingual coverage of the cryptocurrency industry.

Best Crypto ICOs

Discover trending tokens still in presale — early-stage picks with potential.

Explore Our Tools

Smart tools made for everyday crypto users

Market Overview

  • 7d
  • 1m
  • 1y
Market Cap
$3,126,946,296,025
-2.91
Trending Crypto

More Articles

Price Analysis
XRP Price Prediction: Binance On-Chain Chart Flags Further XRP Downside — Is $1.50 the Next Support?
Anas Hassan
Anas Hassan
2025-12-20 19:08:41
Price Analysis
Bitcoin Price Prediction: Fundstrat Tells Clients to Brace for a $60K Bitcoin Correction Next Year
Anas Hassan
Anas Hassan
2025-12-20 14:13:47
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors