The AI Agent frenzy boosts Solana, attracting market attention to SOL Layer2 emerging projects.

The Solana AI Hackerthon initiated by Yash Agarwal, the founder of SendAI, aims to develop Solana into a leading blockchain in the AI field, successfully sparking an innovation wave driven by AI. However, inevitably, it has also evolved into a frenzy of token speculation... (Background: Solana AI Hackerthon is online: Overview of 12 new AI Agent projects) (Background: Survey of 42 key figures in the Solana ecosystem: the most underestimated and overestimated zones, what are the current major issues?) This article is a sponsored article, written and provided by Clickout Media, and does not represent the position of the exchange. This article involves meme coins and related tokens, which may have extremely high fluctuation risks, and is not investment advice. See the responsibility warning at the end of the article for details. In 2025, the Solana ecosystem has sparked an innovation wave driven by AI in the encryption market. The Solana AI Hackerthon initiated by Yash Agarwal, the founder of SendAI, aims to develop Solana into a leading blockchain in the AI field and drive the entire ecosystem to achieve a tenfold rise in scale. Within just 15 days, the event attracted over 400 project submissions, demonstrating tremendous creative potential in the field. Agarwal predicts that these innovations could bring about a rise in the Solana on-chain market capitalization of 500 million to 1 billion US dollars. However, this innovation feast has inevitably evolved into a frenzy of token speculation, raising doubts about sustainability and market health. The original intention of the Hackerthon was to provide a platform for AI-driven intelligent agent technology, but it quickly evolved into a hotbed for token issuance business. Statistics show that during the Hackerthon, there were an average of two to three new token issuances per day, with market capitalization ranging from 5 million to 50 million US dollars. This token issuance model leverages the brand effect of the Hackerthon and market heat, attracting speculation and concentration of large investors. However, behind this rapid rise, there are problems such as market dilution and excessive speculation. Many projects failed to invest funds in product development and instead tended to hype token prices through announcements and demonstrations. Agarwal expressed concern about this phenomenon, pointing out that excessive reliance on market hype may lead to a lack of long-term sustainable development momentum for projects. He urged builders to deeply consider whether there is sufficient technical foundation and long-term goals to support project operations before token issuance. He suggested that if a project still lacks the momentum to continue development when the token market capitalization falls to below 500,000 US dollars, it is best to delay the token issuance. In addition, he also urged market participants, including Key Opinion Leaders (KOL) and ordinary investors, to pay more attention to risk management when participating in such activities. The launch and future blueprint of Solaxy In this token frenzy, Solaxy ($SOLX) as a new project of Solana Layer 2 is currently in the pre-sale stage. Since its launch, the official Solaxy team claims to have raised over 90 million US dollars, laying a solid foundation for its future rise. The Solaxy white paper states that it aims to solve the long-standing performance bottlenecks of the Solana blockchain, including network congestion, high transaction failure rates, and insufficient scalability. This project combines Solana's high efficiency with the advantages of Ethereum liquidity through innovative off-chain transaction processing and multi-chain integration technology, providing a new solution for meme coins and Decentralized Finance. $SOLX is currently in the pre-sale stage and has not yet been listed for trading on any Decentralized Exchange (DEX) or Centralized Exchange (CEX). After the pre-sale ends, the official team stated that $SOLX will be officially listed for trading. Investors can closely follow the official website, X (formerly Twitter), to get the latest news about the progress of the pre-sale and the listing time. Conclusion: The balance between innovation and speculation In 2025, the encryption market is experiencing a dual wave of technology and capital. The Solana AI ecosystem demonstrates the potential of integrating blockchain and artificial intelligence, while the meme coin field continues to attract investors' attention with its community-driven force. These trends are both opportunities and challenges. For every role in the industry, finding a balance between innovation and speculation is key to the healthy development of the encryption market. In this era of change, only by adhering to long-term value creation can the market find a stable path forward amidst the ups and downs. Disclaimer Cryptocurrency investments are high-risk, with large price fluctuations that may result in capital losses. This article is for reference only and does not constitute investment advice. Please conduct your own research (DYOR) and make decisions carefully. Disclaimer: The content of this article is a promotional article provided by the contributor, and the contributor has no relationship with the exchange, nor does this article represent the position of the exchange. This article is not intended to provide any investment, asset advice, or legal opinions, nor should it be considered as an offer to buy, sell, or hold assets. Any services, plans, or tools mentioned in the promotional article are for reference only, and the actual content or rules shall be subject to the announcement or explanation by the contributor. The exchange is not responsible for any possible risks or losses, and readers are reminded to conduct careful verification before making any decisions or actions. Related Reports 5 predictions for the Solana ecosystem: Musk issues coin, stablecoin market capitalization quadruples, SOL spot ETF approved... Solana's 24-hour DEX volume ranks first, surpassing Ethereum and the total of base chains The frenzy and sober thoughts of meme coins: Will 2025 be a myth or a bubble? This article was first published on BlockTempo, the most influential blockchain news media in the industry.