Key Insights:
- Axiom Exchange sets a $200M revenue record, driving Solana’s growth potential.
- Analysts predict Solana could break through $400, with a long-term price surge.
- Solana’s steady upward trend signals long-term success, with a potential price of $460.
Axiom Exchange, a Solana-based trading bot, has broken records by becoming the fastest crypto app to reach $200 million in revenue. This milestone could help push Solana ($SOL) closer to its projected price target of $400.
According to SolanaFloor, Axiom Exchange reached the $200 million revenue mark in just 202 days, setting a new record in the crypto industry. The previous record for the fastest to $200 million was held by Pump.fun, which took 301 days.
As stated by SolanaFloor, Axiom’s rapid growth demonstrates strong market adoption and its expanding role in the crypto space. This success highlights the increasing demand for Solana-based applications and the potential of its blockchain to support innovative platforms like Axiom Exchange.
Solana Price Target Approaches $400
With Axiom’s achievements and Solana’s growing ecosystem, analysts are forecasting a rise in Solana’s price. Analyst Cardzz suggests that Solana, currently within the $120 to $186 range, could break through to a price of $350 to $400 once this range is surpassed.
Meanwhile, Cardzz stated that the market does not yet reflect Solana’s actual value and suggested that the coin’s breakout could drive it to as high as $467. This aligns with broader projections that Solana is on track for strong growth.
As of the time of writing, Solana was trading at approximately $178.87, with a 24-hour trading volume of $6.3 billion. The cryptocurrency has experienced a slight decline of 0.34% in the last 24 hours,
Long-Term Potential for Solana
However, Analyst Kamran Asghar believes that Solana could see long-term success as it follows an upward trend. Based on Solana’s performance from 2021 to 2025, Asghar predicts that Solana could reach $460.19 during its next bull run.
As Solana moves within a parallel channel, it has a clear path towards growth,” Asghar said. Investors are closely watching the coin’s progress, as Solana’s momentum could lead to substantial returns over time.
As Solana shows steady growth and Axiom Exchange sets new records, Solana’s price could continue its upward trajectory toward the $400 target.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/analysis/axiom-sets-200m-revenue-record-pushing-solana-closer-to-400-target/