Societe Generale Launches USDCV on Ethereum and Solana for 24/7 Transactions

Societe Generale-FORGE (SG-FORGE), the digital-asset entity associated with Societe Generale, is set to launch USD CoinVertible (USDCV) on Ethereum and Solana. This move aims to provide clients with instant 24/7 conversion between fiat currencies and stablecoin, enabling immediate, around-the-clock transactions in both USD and EUR. The new USDCV follows the release of EUR CoinVertible (EURCV) in April 2023, the first institutional stablecoin designed to bridge the gap between traditional capital markets and the digital assets ecosystem. Both USDCV and EURCV will be available on exchanges to brokers, payment processors, retail clients, and institutional investors.

This announcement comes at a time when Solana is experiencing increased market trust. The launch of USDCV on Solana is expected to further enhance the blockchain's ecosystem, providing a stable and reliable medium for transactions. Solana's Layer 2 upgrade, Solaxy ($SOLX), is also on the horizon, aiming to address network congestion and improve transaction speeds and costs. Solaxy promises near-instant finality and ultra-low latency, critical improvements designed to enhance the user experience during high-traffic hours.

Solaxy's presale is set to end in a few days, with the token currently priced at $0.001752. Analysts predict that $SOLX may reach $0.032 by the end of 2025, representing a potential return on investment (ROI) of 1,726%. Long-term, following successful implementation and widespread adoption, $SOLX could reach as high as $0.2 by the end of 2026, translating to an ROI of 11,315%. This makes Solaxy one of the best presales of 2025 and one of the cheapest cryptocurrencies to buy at the current time.

With the SEC's upcoming decision on Solana ETFs and the launch of Solaxy, Solana is poised for a bullish cycle. The increased market trust and the upcoming upgrades to the Solana ecosystem suggest a positive outlook for the blockchain and its associated cryptocurrencies. Investors are advised to conduct their own research and invest wisely, considering the potential risks and rewards associated with cryptocurrency investments.