GRASS and OM Crash While Solaxy (SOLX) Presale Surges: Smartest Buy of 2025?
While Bitcoin climbs back toward $90,000, smaller-cap altcoins are showing clear divergence — and not in a good way.
Two of 2025’s previously hyped projects, GRASS and OM, are rapidly losing steam:
- GRASS is down 6.4% today, sitting at $1.60
- OM (Mantra) is down 1.5%, now priced around $0.52 after crashing from over $6
This stark contrast comes as Solaxy (SOLX) becomes the talk of the crypto town — hitting $31 million in presale funding and standing out as Solana’s first Layer-2 (L2) project.
GRASS: Great Concept, Bad Timing and Tokenomics
GRASS’s mission — enabling users to monetize idle internet bandwidth — remains intriguing. But its token is under intense pressure.
Why GRASS is Fading:
- Locked in a three-week downtrend since April 2
- Failed three separate attempts to break $2
- Next key resistance sits at $1.73
- $5.97M in new GRASS tokens entering circulation on April 30, inflating the supply
GRASS Market Stats:
| Metric | Value |
|---|---|
| Current Price | $1.60 |
| Resistance Level | $1.73 |
| Market Cap | $444 million |
| Fully Diluted Valuation | $1.6 billion |
| Ranking (CoinGecko) | #149 |
This upcoming token release could lead to further price dilution, especially with demand already on the decline.
OM (Mantra): Token Burns Can’t Salvage Trust
OM was once a titan in the Real World Asset (RWA) space. That changed dramatically last week after a flash crash took OM from $6.82 to just $0.52, wiping out over $6 billion in market cap.
In response, Mantra founder John Mullin began burning 150 million OM tokens, totaling $80 million. Yet the bleeding hasn’t stopped.
OM Crash Timeline:
| Date | Event |
|---|---|
| April 10 | OM crashes over 90% |
| April 13 | Mullin announces token burn |
| April 14–20 | Token falls another 1.5% despite the burn |
Despite denying claims of a rug pull, the OM team has struggled to regain community trust. If market sentiment doesn’t shift soon, OM may continue its downward spiral.
Solaxy (SOLX): Solana’s First Layer-2 Is Winning the Moment
In contrast, Solaxy (SOLX) is dominating headlines and investor attention. As the first Layer-2 on Solana, SOLX solves major issues like scalability and transaction costs while preserving Solana’s blazing speed.
Key Highlights:
- $31M raised during presale
- Aims to become the core scalability solution for Solana apps
- Built-in DeFi, staking, and interoperability support
While other projects are shrinking, SOLX’s presale is expanding, driven by:
- Strong tokenomics
- First-mover advantage on Solana L2
- Utility-focused roadmap with real scalability
Chart: Price and Funding Comparison (2025)
| Token | Current Price | 2025 Presale Funding | Recent Performance |
|---|---|---|---|
| GRASS | $1.60 | N/A | -6.4% (24H) |
| OM (Mantra) | $0.52 | N/A | -1.5% (24H), -90% YTD |
| SOLX | N/A (Presale) | $31 million | +Strong upward trend |
SOLX’s token is currently priced at $0.015 during presale, and analysts predict a potential 3x to 5x return in 2025 based on demand and use-case momentum.
Why Solaxy (SOLX) Might Be the Only “Smart Buy” Left in 2025
Let’s face it — 2025 has been brutal for altcoins.
But Solaxy checks several smart-investor boxes:
- Solana-native: Built for one of the fastest blockchains
- Layer-2 innovation: First of its kind on Solana
- Real funding: $31M in presale shows investor conviction
- Strong ecosystem play: Interoperability with Solana dApps, DeFi, and NFTs
Even better, the SOLX tokenomics limit presale dilution, with a focus on community rewards and long-term staking incentives.
Final Thoughts: FOMO or Fundamentals?
It’s tempting to jump into every dip — but not all dips are buying opportunities.
GRASS is stuck in a technical rut. OM is battling trust issues. Meanwhile, Solaxy (SOLX) is gaining momentum with real money, first-mover advantage, and a scalable solution on Solana.
If you’re looking for a smart crypto bet that’s not just hype, Solaxy might be your safest shot left in 2025.
