Solana's Resilience Amid Market Downturn: Layer Brett Emerges as the New Meme Coin

Sunday, Aug 31, 2025 11:04 am ET1min read

Solana shows resilience despite market downturn, while Dogecoin holders focus on Layer Brett, an Ethereum Layer 2 project with potential for massive growth and low gas fees. Layer Brett leverages Ethereum Layer 2 technology for fast transactions and anchors securely to Ethereum, positioning it as a top contender for the next 100x Meme Token. The project offers a fresh angle, combining cultural memes with real blockchain infrastructure and tangible staking rewards for early participants.

Solana has demonstrated resilience despite market downturns, with institutional investors showing confidence in its infrastructure. Galaxy Digital, Multicoin Capital, and Jump Crypto are leading an effort to raise $1 billion for Solana's largest corporate treasury, supported by the Solana Foundation [1]. This move aligns with a broader trend among institutional investors to add digital assets to corporate balance sheets, a shift that has been amplified by the rise of crypto treasuries [1].

The proposed $1 billion reserve would represent a significant investment in the Solana blockchain, potentially accelerating its recovery from the aftermath of the FTX collapse in 2022. Upexi Inc. and the DeFi Development Corporation already hold substantial Solana reserves, valued at over $600 million combined [1]. Additionally, Bitcoin miner Bit Mining has announced plans to raise between $200 million and $300 million for a Solana token reserve, further illustrating growing institutional interest [1].

Meanwhile, Dogecoin holders are focusing on Layer Brett, an Ethereum Layer 2 project with potential for massive growth and low gas fees. Layer Brett leverages Ethereum Layer 2 technology for fast transactions and anchors securely to Ethereum, positioning it as a top contender for the next 100x Meme Token. The project offers a fresh angle, combining cultural memes with real blockchain infrastructure and tangible staking rewards for early participants [2].

Layer Brett's presale is currently live, with early movers positioned for explosive growth. The project aims to outshine giants like Pepe coin and Shiba Inu, leveraging its Layer 2 foundation for speed, scalability, and low costs. The crypto presale offers immediate access to staking through a simple dApp, with APYs stretching into the tens of thousands [2].

While Solana's institutional adoption continues to grow, the concentration of Solana in institutional portfolios has raised concerns. Some analysts warn that a prolonged downturn could trigger forced selling, as companies manage liquidity and balance sheets under pressure [1]. Despite these risks, the continued accumulation of Solana by major players could provide upward pressure on its price, similar to the impact seen with Ether as a result of purchases by ether-focused digital asset treasuries [1].

References:
[1] Galaxy, Jump, Multicoin Seek $1 Billion for Buying Solana (https://www.bloomberg.com/news/articles/2025-08-25/galaxy-jump-multicoin-seek-1-billion-for-buying-solana-token)
[2] Layer Brett: The Ethereum Layer 2 Meme Coin Being Backed to Flip Pepe Coin and Shiba Inu by 2026 (https://www.cryptopolitan.com/layer-brett-the-ethereum-layer-2-meme-coin-being-backed-to-flip-pepe-coin-and-shiba-inu-by-2026/)

Solana's Resilience Amid Market Downturn: Layer Brett Emerges as the New Meme Coin

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