In an uptrend, Janover, a software company acquiring $4.6M Solana (SOL) would skyrocket prices. However, bear market dampens this bullish development, leaving Solana price to crash below $100 and retest $75, a level not tagged since December 2023.
Janover Purchases $4.6M Solana (SOL)
In a recent filing, Janover, a small US-based software company, announced the acquisition of Solana (SOL) to its treasury as part of its new strategy. This US institution follows MicroStartegy’s (Strategy) path as it raised $42M through a private offering of convertible notes.
As a result of this move, the company’s stock price soared more than 429% in the past four days. Solana price, however, didn’t budge and is likely due to the ongoing bearish outlook involving Trump’s tariff trade war, Bitcoin’s (BTC) bearish market structure and macroeconomic uncertainty.
Janover Stock Price Skyrockets 429% as it adds $4.6M SOL to its treasury.
Due to these conditions, the Solana price could see a further collapse.
Solana Price Analysis: SOL Collapse to $75 Likely
From the three-day chart, it is clear that Solana price has shattered the $126 key support level. SOL’s value hovers around $116 after a 2.13% drop today. This barrier provided demand since March 4, 2024, and prevented the token from collapsing. However, a March 29 sell-off flipped this support into a resistance level.
Subsequent attempts to overcome this level have failed, but the $100 psychological level is what’s preventing SOL price from collapsing lower. If the crypto market outlook does not improve or if Trump lifts the 90-day tariff pause, this $100 level will also flip into a resistance. In such a case, the next strong demand area is $74.94. After a consolidation here in December 2023, Solana price exploded nearly 78% in the next nine days.
Hence, a revisit of $75 is likely based on this Solana price prediction in the next few days, especially if the crypto market outlook continues to worsen.
SOL/USDT 3-day Chart
To conclude, sub-$100 Solana is not unlikely if the crypto market outlook remains the same. If Bitcoin catalyzes a bullish reversal, it could provide relief to altcoins, including SOL. In such a case, the price could push toward $126, flip it into a support floor, and allow it to catapult toward the $127 to $168 value area and its highest volume level at $142.
After a spree of enforcement actions against criminal activity, the US stacked an impressive amount of Bitcoin over ten years. Crypto Czar David Sacks argues that selling the confiscated Bitcoins for a pittance has cost US taxpayers a fortune ahead of the planned Crypto Strategic Reserve.
America Could Have Gained $17 Billion From Hodling Its Seized BTC, Says Crypto Czar
Crypto Czar David Sacks has criticized previous administrations of the US government for selling off seized Bitcoins. According to Sacks, the value of the disposed assets is now worth a large fortune that could benefit US taxpayers.
In a post on X, Sacks disclosed that the US sold nearly 195,000 BTC over ten years for only $366 million. He argues if the federal government did not sell the Bitcoins, the assets would have been worth over $17 billion as Bitcoin eyes $100,000.
“If the government had held the bitcoin, it would be worth over $17 billion today,” said Sacks. “That’s how much it has cost American taxpayers not to have a long-term strategy.”
The US government’s BTC holdings came from busting criminal activities on the deep web with the Silk Road seizures topping the list. At the time, US authorities confiscated nearly 170,000 in a single bust from Silk Road founder Ross Ulbritch in 2013.
In 2020, authorities seized an additional 69,370 BTC and an additional 50,000 BTC associated with the Silk Road project.
US Authorities Sold Confiscated Bitcoins In Droves
The U.S. Marshalls Service (USMS) holds the confiscated BTC and organizes auctions for the sale of the assets. The Department of Justice (DoJ) has approved several BTC auctions drawing criticisms from several quarters over the handling of sales.
The last sale occurred barely 10 days before new President Donald Trump assumed office amid whispers of a national Bitcoin Strategic Reserve for the US. President Trump has announced a Crypto Strategic Reserve tapping Bitcoin and a slew of altcoins to bolster holdings.
“This isn’t just mismanagement. It’s theft from American taxpayers,” said Jane Adams on X. Imagine what could’ve been done with that wealth if only they had a clue about long-term strategy.”
As the government inches toward a Bitcoin reserve, the sale of confiscated Bitcoins will be a rarity in the US. Furthermore, the US may earmark a portion of its budget to scoop Bitcoins following high-level discussions in Friday’s White House Crypto Summit.
The crypto market is buzzing with anticipation as two notable players—Cardano (ADA) and Rexas Finance (RXS)—set the stage for a potentially explosive 2025. While Cardano shows signs reminiscent of its exponential 2020–2021 rally, a fresh competitor, Rexas Finance, is carving out its own niche by attracting significant investor attention. So, can Cardano price climb to new heights while this newcomer carves out its own space? Let’s dive in.
Cardano Price: On the Verge of a Breakout?
Cardano price action in early 2025 has been a mix of volatility and promise. After experiencing a 20% decline, ADA rebounded with a swift 25% surge, suggesting that while the market remains erratic, profitable opportunities could be on the horizon. This potentially poses Cardano as one of the best cheap cryptocurrencies to invest in right now.
Analysts are closely watching the critical $0.87 resistance level—a benchmark that, if surpassed, might unlock a strong upward trend similar to the modest growth phase preceding Cardano’s massive 2020–2021 rally.
Back then, ADA enjoyed a period of steady growth before exploding by over 2,000%. Although the current rally is more measured, many investors are optimistic that history may be repeating itself.
With ADA trading at around $0.85 and forecasts predicting an average price of approximately $1.19 in Q2 2025, climbing past its previous all-time high of $3.10 (set in 2021), and potentially reaching $5 or more if market conditions align.
A successful breach of the $0.87 level could catalyze a rally that propels Cardano to new heights, offering an attractive return on investment.
Cardano (ADA) price chart
Rexas Finance (RXS): The Rising Altcoin
In the midst of Cardano price anticipated surge, Rexas Finance (RXS) is emerging as a compelling contender in the altcoin space. Currently undervalued at $0.20, RXS is nearing the end of its presale phase and has already raised over $46 million toward its $56 million target, with more than 90% of the tokens sold. This level of activity signals robust community support and investor interest in the RWA token.
Scheduled for a full token launch at $0.25 on June 19, 2025, Rexas Finance is poised for explosive growth. Set to fully launch its tokens at $0.25 on June 19, 2025, Rexas Finance is ready for significant expansion.
Certain industry projections even foresee an exponential surge, with the altcoin possibly climbing to $18 by year’s end—a notable projected rise of 9,000%. As one of promising early-stage cryptocurrencies, RXS distinguishes itself from other cryptocurrencies with its creative method of tokenizing real-world assets ( RWAs ).
By allowing the tokenization and transfer of intellectual property, commodities, and real estate, RXS is closing the digital and physical worlds. Those wishing to profit from the rising interest in distributed finance (DeFi) and blockchain-based asset management may find this unusual approach appealing as an investment.
Rexas Finance Tokenomics
Security and Community Engagement: RXS’s Winning Formula
Rexas Finance doesn’t merely depend on creative concepts; it’s also establishing a robust base of security and openness, making it one of the new cryptocurrencies to buy in today’s dynamic market. The platform has been subject to a thorough security review by Certik, a top blockchain security company, which gives investors confidence in a landscape where digital risks and breaches are frequent worries.
In addition to security, RXS is proactively involving its community with thrilling initiatives. It is currently offering a $1 million RXS token giveaway, in which 20 fortunate winners will each get $50,000 in tokens. With more than 1.46 million entries, this campaign has increased community engagement and awareness.
Additionally, being listed on prominent cryptocurrency tracking platforms such as CoinMarketCap and CoinGecko enhances RXS’s credibility and guarantees its performance is accessible to millions of prospective investors.
Final Thoughts: A Cardano Price and RXS Create a Dual Opportunity for 2025
The cryptocurrency community is at cross roads as the year progresses. With its past history demonstrating rallying trends, and current price movements, Cardano price could be on the verge of a breakout. At the same time, Rexas Finance (RXS) is quickly gaining momentum through its creative asset tokenization approach, impressive presale results, and active community involvement.
For investors, this dual chance presents an enticing story: while Cardano could spearhead a market surge similar to its 2020–2021 achievements, Rexas Finance provides an exhilarating option with the possibility of substantial profits. Both initiatives, with favorable market conditions, have the potential to yield significant returns, making the upcoming months of 2025 a time to monitor closely in the changing landscape of cryptocurrencies.