As the cryptocurrency landscape evolves, Bitcoin ($BTC) and Ethereum ($ETH) have long dominated the scene. However, Solana has recently faced challenges, witnessing a 22% decline in December. With increasing competition, investors are questioning Solana’s ability to thrive. Some believe that initiatives like Solaxy could help harness the full potential of Solana. Observing how Solana adapts to market conditions will be crucial for potential investors looking to engage with this cryptocurrency going forward.