Solana (SOL), Nexpace (NXPC), Tether (USDT) and Chainlink (LINK) dominate crypto discussions

The crypto market is no stranger to fast-paced narratives, but this week's data from Santiment paints a clear picture

In the dynamic realm of cryptocurrency, narratives shift rapidly, and new entrants often steal the spotlight. As the crypto market continues to heat up, investors are searching for the next big opportunity.

According to data from crypto market intelligence firm Santiment, a small number of tokens have dominated investor chatter this week. Among them are Solana (SOL), Tether (USDT), Chainlink (LINK), and FTX’s FTT, while emerging tokens like Nexpace (NXPC) and Lanchcoin (LAUNCHCOIN) have also sparked significant interest.

As institutional interest in Solana intensifies, the token has seen a surge in trading activity and airdrop-driven community engagement, making it a hot topic among crypto enthusiasts.

Meanwhile, Nexon's connection to South Korea-based video game and entertainment conglomerate has brought attention to Nexpace. The token has also benefited from a flurry of exchange listings, further boosting its visibility.

However, a staggering 5,500% pump of Lanchcoin has sparked heated discussions among altcoin traders, who are keen to identify the next token that could experience a similar surge.

Shifting Focus to a Token in Presale

While established tokens trend due to volume and legacy relevance, Solaxy offers something different. It’s an emerging crypto token that is attempting to solve a key blockchain congestion problem.

As the first Layer 2 on Solana, Solaxy aims to streamline transaction speeds and reduce failures, an issue that has plagued Solana at peak usage times.

Solaxy’s architecture allows it to offload network strain from Solana’s main chain and process transactions in parallel before settling them back efficiently. The result is a more scalable and robust experience for users of Solana-based apps and tokens.

In a key update on May 9, the Solaxy team made several improvements to their node infrastructure for quicker syncs and smoother recoveries post-software upgrades. They also enhanced their test suit and resolved previous inconsistencies.

Less than a week later, the Testnet Bridge between Solaxy and the Solana Devnet went live, allowing users to trial seamless asset transfers using native SOL. While this testnet bridge currently only supports Solana, the upcoming mainnet version is expected to integrate Ethereum as well.

This level of scalability and utility is what has many investors increasingly viewing Solaxy as one of the best cheap crypto tokens to buy now before listings commence.

From Stealth Presale to $37 Million Raised

What began as a stealth presale has now evolved into a full-blown altcoin event. Having raised over $37 million so far, Solaxy’s presale is one of the most successful in 2025. One investor even bought $400,000 worth of $SOLX earlier this week, signaling increasing whale confidence.

The current presale price sits at just $0.001728 and this will keep rising in set increments until the presale closes. Early investors also have the option to stake their tokens at an APY of 107%, amplifying their holdings before $SOLX begins trading publicly.

For new buyers, the best way to get in is via the Solaxy official presale page. It supports a range of payment options, including ETH, SOL, BNB and stablecoins. The platform recommends using Best Wallet, a rising decentralised wallet tool that supports over 60 blockchains and offers built-in staking, token management and private launchpad access.

Rising From a Busy Week for Crypto News

Solana’s ecosystem has been gaining attention as token launches shift from Ethereum to faster L1 chains, and Layer 2s like Solaxy are well-positioned to benefit.

Many altcoin traders see Solaxy as a potentially transformative piece of Solana’s infrastructure. Its focus on throughput, bridge security and future Ethereum integration mirrors the scalability success of Arbitrum and Optimism – except this time, with lower costs and a meme-powered community twist.

If the upcoming mainnet rollout proceeds smoothly, it could become a core part of Solana’s blockchain stack. And that’s a big reason why it’s increasingly being cited as one of the best cheap cryptos to buy now, especially before centralised exchange listings expand access and tighten the entry price.

FTX, Chainlink And Nexpace Among Tokens In The Spotlight

Returning to the broader market narrative, crypto enthusiasm is picking up across the board. FTT’s inclusion on Santiment’s list is linked to FTX’s plans to distribute $5 billion to creditors by month-end, a major event in the sector.

Meanwhile, Chainlink is attracting attention for its expanding role in bridging traditional finance and blockchain through high-profile deals with JPMorgan and SWIFT.

NXPC, Lanchcoin and USDT are each making waves for different reasons, but none offer the same level of asymmetric entry as a token still in presale. It’s this balance of low entry price, high utility and upcoming exchange listings that makes $