Solana (SOL) is ready to pump thanks to strong technical indicators and ecosystem support.

There has also been an increasing push towards stock tokenization on the Solana blockchain.

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Solana is ready to pump thanks to strong technical indicators and ecosystem support.

The ‘cup’ started forming around November 2022, with the handle coming into existence during the tariff-induced panic sell-off.

What’s even more encouraging is that this pattern has taken a long time to form – almost 2.5 years. This makes it a stronger bullish indication.

It’s also worth noting that $SOL has risen around 38% since the second week of April, showing good upward momentum.

Read on to find out more reasons why investors are bullish on $SOL. We’ll also point you towards the best crypto to buy to benefit from the upcoming bull run.

Solana Tokenized Stocks and ETF Push

There has also been an increasing push towards stock tokenization on the Solana blockchain.

The Solana Policy Institute has submitted a proposal called ‘Project Open’ to the SEC, which seeks approval to issue tradable tokens for stocks.

This would make transactions faster, and billions that are often stuck in settlement delays can be pumped back into the markets almost instantly, generating more wealth over time.

Every stock, every bond, every fund—every asset—can be tokenized. If they are, it will revolutionize investing. – Larry Fink

More good news: a Solana exchange-traded fund also looks like a certainty in the near future. Bloomberg has predicted a 90% chance for $SOL ETF approval in 2025 itself.

Furthermore, the Solana stablecoin supply is also at an all-time high. It reached $11.7B in February 2025 and further shot up to $13B by May. Note that it was just $5B last year.

A hike is supply like this should open up new possibilities in the Web3 and DeFi space.

All in all, if you want to ride Solana’s growth, this is the best time to invest. The cryptos mentioned in this guide, especially Solaxy, offer the highest potential for returns.

1. Solaxy ($SOLX) – Best Crypto to Buy Now on Solana, Boasts over $32M in Presale

Even though Solana has many positives potentially propelling it to new highs, it’d be difficult for the network to realize its full potential until it can overcome its congestion and scalability issues. Enter Solaxy ($SOLX).

Solaxy is a new cryptocurrency and one of the very few offering real-world application. After all, it plans to build the very first Layer 2 scaling protocol on Solana.

This Solana L2 will offload some transactions onto a sidechain, which is how it’ll reduce the burden on Solana’s mainnet and speed up the entire blockchain.

Additionally, $SOLX will also reduce the transaction fees on Solana by processing a lot of transactions simultaneously, instead of one by one.

Currently, however, one $SOLX will only cost you $0.001714. That’s because the token is in presale, where it has already raised a staggering $33M.

If this is your first crypto presale purchase, check out our guide on how to buy Solaxy.

2. Bonk ($BONK) – Solana’s Dog Meme Coin King

With over $1.5B in market capitalization, Bonk ($BONK) is easily the biggest dog-themed meme coin on Solana. It was also the first-ever dog coin on the network.

In case you have any reservations about the potential of dog cryptos, just look at the most successful meme coins of all time. Three out of the top five, i.e., $DOGE, $SHIB, and $BONK, are inspired by ‘a man’s best friend.’

What’s more, one of the biggest success stories of recent times, $BROCCOLI, is also a dog-themed coin.

Coming to $BONK, its chart suggests that it’s now taking support at the $0.000016 level, which happens to be a previous resistance zone.

The crypto is already up over 50% in the last month and can rally further once $SOL takes off. Thanks to a low price of $0.0000161p, $BONK is in contention for the best cheap cryptos to buy now.

3. Fartcoin ($FARTCOIN) – The Loudest and Stinkiest Token on