Crypto-positive asset manager giant and ETF provider VanEck has taken another monumental leap into blockchain, this time by announcing its first steps into real world asset (RWA) tokenization on Solana and Ethereum.
The news was announced yesterday by VanEck’s collaborator for the project, Securitize.
The news has suddenly increased the adoption prospects of a number of the best meme coins across both chains.
Here are three strategic crypto plays that are likely to bear serious fruit as Solana and Ethereum continue to take centre stage as proof of crypto’s immense utility.
DogWifHat: The Hottest Doge Coin on Ethereum This Week
The Ethereum-based DogWifHat ($WIF) launched on November 20, 2023, and has since ballooned to a market cap of $1.1 billion.
From mid-November onwards, falling support and resistance levels for DogWifHat from highs of $4.19 on November 14, 2024, down to a low of $0.32 on April 9 this year, a monumental collapse of about 92.4%
But big collapses can often bring about even bigger recoveries in the world of crypto. As we can see by the chart above, the falling resistance and support lines form a bullish descending wedge pattern, which is often a precursor to explosive upward price action.
However, those gains will gave to wait. DogWifHat’s relative strength index (RSI) is 73. This is the result of a seven-day buying spree that pushed the token’s price up 92.3% to $1.08, which means it’s a little overvalued and traders are likely to do some overnight profit taking that will further discount the price towards the weekend.
Solaxy ($SOLX): The First Layer 2 on Solana Also Exists on Ethereum
Solaxy ($SOLX) is the first Layer 2 scaling framework to launch on the Solana network.
Designed to boost performance, lower fees, and ease traffic on the mainnet, Solaxy enhances Solana’s speed and cost-efficiency significantly.
Functioning similarly to Ethereum’s Layer 2 protocols, Solaxy handles transactions on a secondary layer, confirming them more rapidly before settling data on the base chain.
It also supports full Ethereum interoperability, promoting smooth cross-chain transactions and expanded use across the decentralized finance (DeFi) landscape.
Currently in its presale phase, SOLX tokens are priced at $0.001724, with incremental price increases planned for future rounds.
Anticipation around a possible green light from the U.S. SEC for Solana-linked spot ETFs could serve as a game-changer for Solaxy ($SOLX), potentially igniting demand and investor interest.
With over $35.9 million in capital already secured, institutional backing appears robust. The staking program, offering a 113% APY, further enhances the appeal of getting in early.
Follow Solaxy on X and Telegram for real-time updates.
Official Trump ($TRUMP): The Political Meme Coin Taking Crypto by Storm
Finally, debuting just days ahead of Donald Trump’s presidential inauguration on January 20, Official Trump ($TRUMP) quickly rocketed to the top of Solana’s meme coin charts, reaching a market cap above $2.6 billion.
Beyond its meme appeal, TRUMP represents a bet on Trump’s commitment to growing the crypto space via supportive policy, contrasting sharply with the Biden administration’s regulation-by-enforcement style.
Trump blew up 23.5% in the past seven days and now trades at $13.40. It is currently having trouble breaching the $15 resistance zone, which it last hit in late April.
That said, Trump’s relative strength index is around 47, indicating a reasonably prices asset. Another major upswing could land the token at $20 by June. Should the real President Trump deliver on his crypto regulation promises, his official meme coin could be on a trajectory toward the $100 mark and beyond.
Despite early volatility caused by trade policy debates, the token has staged a strong comeback—evidence of market enthusiasm for politically-driven crypto assets.
Like Trump’s public persona, this token is bold, volatile, and headline-grabbing — a perfect fit for the crypto world’s appetite for high-risk, high-reward plays.
For those bullish on the idea of a pro-crypto U.S. president, TRUMP may be the most direct and high-upside investment option available right now.
Keep up to date with Official Trump on X.
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