Xavier School Nuvali Awarded for Commitment to Sustainability by SolX Technologies and DOE

by | Feb 7, 2025 | Business

Calamba, Laguna – January 2025 – Xavier School Nuvali has been officially awarded the Excellence in Institutional Sustainability Award for its leadership in renewable energy adoption and commitment to sustainability. The award, co-presented by SolX and the Department of Energy (DOE) recognizes the school’s significant efforts in reducing its environmental impact through a rooftop solar energy system.

Calamba, Laguna – January 2025 – Xavier School Nuvali has been officially awarded the Excellence in Institutional Sustainability Award for its leadership in renewable energy adoption and commitment to sustainability. The award, co-presented by SolX and the Department of Energy (DOE) recognizes the school’s significant efforts in reducing its environmental impact through a rooftop solar energy system.

The award ceremony took place on January 27, 2025, as part of the Switch-On Ceremony for the newly installed 99kWp solar PV system. The system consists of 190 panels and 1 inverter, producing 140,185 kWh annually. Over the next 25 years, it will help reduce 3,301 MWh in environmental impact, cutting 2,458 metric tons of carbon dioxide emissions, 1,046,780 gallons of gasoline, and 2,688,756 tons of coal. The event was attended by distinguished representatives from Xavier School, including Fr. Joseph “Jhaw” Y. Haw, SJ, Ed.D., School President, and Celia Tan, Finance, alongside SolX Technologies’ Co-Founder Atty. Bradley Cua, and project leads Robi Andres, ECE, PMP, Jeanuel Paje, RMEe, and Richard Julio, RMEe, as well as Marketing Lead Claudio Espiol. Representatives from Buskowitz Energy, including members from both the Marketing Department and the Operations and Sales Team, were also present.

Watch the whole message here: https://www.youtube.com/watch?v=6nCzyzzRt_4&t=1s

A video message from Department of Energy (DOE) Director Patrick T. Aquino, CESO III, Energy Utilization Management Bureau, reinforced the DOE’s full support for the school’s sustainability efforts. “This project signifies much more than the mere installation of solar panels. It embodies our collective dedication to reducing our carbon footprint, conserving resources, and embracing innovative solutions to power our future,” he said. He further emphasized, “Every small step we take can lead to significant and meaningful change.”

The symbolic Switch-On Ceremony was led by the Buskowitz Team, marking the official activation of the solar PV system. Antonella M. Dimaculangan, Project Head from Buskowitz Group, described the significance of the moment, stating, “This ceremony is not just about switching on a solar PV system, but about committing to a sustainable future.”

Fr. Joseph “Jhaw” Y. Haw, SJ, Ed.D., School President of Xavier School Nuvali, said:“This project began as a financial decision, but in truth, it is the Holy Spirit at work—guiding us toward our deeper responsibility to care for our common home, as Pope Francis calls us to in Laudato Si’. At Xavier School Nuvali, sustainability is not just an initiative; it is a commitment woven into our mission. This solar energy system is more than infrastructure—it is a living laboratory for our students, a lesson in stewardship, and a catalyst for future leaders who will shape a world driven by responsibility, innovation, and care for creation.”

During the event, Bradley Cua and Antonella M. Dimaculangan presented the award to Fr. Joseph “Jhaw” Y. Haw, SJ, Ed.D., School President, and other key stakeholders from Xavier School, along with the project leaders. Atty. Bradley Cua, Senior Vice President of SolX Technologies and an alumnus of Xavier School, praised the school’s sustainability leadership, saying, “As an alumnus, it’s an honor to see Xavier School Nuvali take the lead in sustainability. Their action toward renewable energy serves as a model for others, helping pave the way for a more sustainable future for all Filipinos.”

The collaboration between Xavier School Nuvali, SolX Technologies, and the Sta. Rosa local government showcases how public, private, and educational sectors can work together toward sustainable energy adoption. Xavier School’s vision for a greener future serves as a model for other institutions, proving that strong leadership in sustainability can create a lasting impact on both the environment and future generations..

Looking ahead, SolX Technologies and Xavier School are set to celebrate the full turnover and Switch-On Ceremony at Xavier School San Juan, featuring a 380kWp solar system, further strengthening their commitment to sustainability and clean energy adoption across the country.

This Press Release has also been published on VRITIMES

Solana (SOL) Price Analysis, A Comparative Market Analysis

by | Feb 7, 2025 | Business

Explore Solana (SOL) price analysis, market sentiment, and future predictions in this detailed article. Learn about recent fluctuations, key resistance and support levels, technical indicators, and the impact of global factors on Solana’s performance. Get insights into Solana’s potential for a rebound or further decline in the coming weeks.

The cryptocurrency market is as volatile as ever, with Solana (SOL) experiencing significant price swings. This article explores Solana’s current performance, market sentiment, and SOL future price prediction.

Solana’s Price Movements: A Volatile Market Ride

Solana has been on a rollercoaster ride, with its price fluctuating between $220 and $280 over the past month.

As of February 4, 2025, the cryptocurrency is trading at around $210, reflecting a 25% rise from its lowest point despite some downward trends.

The Relative Strength Index (RSI) sits at approximately 40, suggesting that SOL could be oversold and poised for a rebound if buying pressure increases.

However, when this article was written on February 6, the price of SOL has again decreased by 3.56% so that it is traded at a price of $ 196.99 with its highest price being $ 209.37 in the last 24 hours.

The RSI and MACD values ​​show a decrease and indicate a bearish trend will occur shortly.

Will Solana Regain Momentum?

Market analysts predict that Solana could reach $250 by the end of February and potentially surge to $500 by the end of the year. However, this forecast hinges on several key resistance and support levels.

If SOL can break past $220, it may trigger a bullish trend towards $232 and $250. Conversely, failing to hold above $200 could push the price down to $192 or even test the crucial $175 support level.

Technical indicators reflect this uncertainty. The hourly MACD suggests a loss of bullish momentum, while the RSI remains below 50, signaling persistent market weakness. 

Additionally, declining user engagement and reduced on-chain activity are raising concerns about Solana’s long-term sustainability.

AI Predictions and Market Reactions

Several AI-powered forecasting models predict mixed outcomes for Solana. Some models suggest a short-term increase of 9%, targeting a price of $211.05 by mid-February.

However, others foresee potential declines driven by broader economic factors, including recent tariff announcements by President Trump, which have impacted global markets and investor sentiment.

Solana has also faced a decline in active addresses and a drop in its Total Value Locked (TVL) from $12.1 billion to $10.2 billion, signaling a decrease in investor confidence.

Conclusion: What Lies Ahead?

Solana remains a major player in the cryptocurrency market, but its ongoing volatility and declining engagement pose challenges.

The next few weeks will be crucial in determining whether SOL can regain momentum or face further downward pressure.

For investors, staying informed and monitoring key market trends is essential. Whether Solana rebounds, the crypto market remains dynamic, offering both risks and opportunities for savvy traders.

This Press Release has also been published on VRITIMES

Ethereum and Gas Limit Increase: Can ETH Break $3000?

by | Feb 7, 2025 | Business

Ethereum faces high volatility amid a major selloff, with prices rebounding toward $3000. Explore key technical analysis, market trends, and upcoming upgrades like the gas limit increase and Pectra Fork. Is now the right time to buy ETH?

Ethereum (ETH) has experienced a significant price drop due to a massive selloff in the crypto market this week. This price decline is one of the largest in recent years, prompting more traders to liquidate their positions.

At the time of writing, Ethereum’s price stood at $2796, noting a rise of over 4% in the past 24 hours. ETH market capitalization reached $333.29 billion, while trading volume surged over 22% intraday.

Crypto Liquidations Hit $2.22 Billion: Will the Decline Continue?

The fear spreading through the crypto market led investors to offload their digital assets en masse. According to data from Coinglass, total liquidations reached $2.22 billion in a single day, with long-term traders suffering losses of $605 million due to the sharp price drop.

This selloff also significantly impacted other crypto assets such as Bitcoin, XRP, Solana, and Dogecoin. Bitcoin dropped by 6%, while XRP and Dogecoin lost 22% and 23%, respectively. The market slid further as panicked investors rushed to sell their holdings.

Ethereum Price Prediction: Can It Break $3000?

According to a post by IncomeSharks on X, ETH price has rebounded from the liquidation zone and is undergoing accumulation. This situation presents an opportunity for investors to buy at lower levels before a potential surge toward $3000.

Max Schwartzman, CEO of BecauseBitcoin, expressed a similar sentiment. “If the market stabilizes, patient holders may see rewards,” he said. However, traders remain cautious, closely analyzing macroeconomic factors that could influence Ethereum’s price in the near future.

Is It Time to Buy Ethereum?

Despite market turmoil, some industry figures remain optimistic. Eric Trump shared his positive outlook on Ethereum via the X platform, suggesting that now is a great time to buy ETH.

Following this post, Ethereum’s price began to recover. ETH price increased by 4.88% and is now trading at $2,796. However, despite the increase in price, the RSI and MACD indicators actually show a decrease which indicates a bearish trend.

Technical Analysis: Key Levels to Watch

Ethereum’s short-term price prediction suggests indecision among traders following the massive selloff. While the price has rebounded, lower trading volume indicates that many buyers are still hesitant to make large accumulations.

So far, ETH needs to break past the $3000 mark to attract more buyers. If it fails, selling pressure may persist. Technical analysis reveals several bearish indicators:

1. The Relative Strength Index (RSI) remains in the oversold region, indicating strong selling pressure.

2. The Moving Average Convergence Divergence (MACD) shows a negative crossover, signaling a potential downward trend reversal.

3. Fibonacci retracement levels reveal that the key support level is at $2600. If ETH falls below this point, a major correction could follow.

If the price breaks above the 78.3% Fibonacci retracement level at $3100, buying momentum could return, leading to further recovery.

Ethereum and Gas Limit Increase: What’s the Impact?

Ethereum is preparing to take a new step in its development. More than 52% of validators have expressed support for increasing the gas limit, marking the first adjustment since The Merge in 2022. Currently set at 30 million, Ethereum’s gas limit is expected to rise to 36 million soon, with a long-term possibility of reaching 40 million.

This upgrade aims to:

1. Increase Ethereum network capacity.

2. Facilitate crypto transactions.

3. Potentially reduce transaction fees.

Vitalik Buterin, Ethereum’s co-founder, emphasized that this change is the first fully controlled by the Proof-of-Stake (PoS) system, which is more decentralized than the previous Proof-of-Work mechanism. However, experts warn that a rapid increase could cause propagation failures and burden individual node operators.

Pectra Fork: Vitalik Buterin’s Strategic Move for Ethereum’s Future

Ethereum is set to reach a historic milestone with the Pectra upgrade scheduled for March 2025. This update not only aims to fix bugs but also redesign Ethereum’s foundation for greater efficiency and user-friendliness.

Pectra includes over 20 Ethereum Improvement Proposals (EIPs), such as:

1. EIP-7702: Converts regular accounts into smart accounts without complex migration, improving user experience.

1. EIP-7251: Increases the staking limit per validator from 32 ETH to 2048 ETH, reducing technical requirements for large holders.

This move has sparked debate: Does giving more flexibility to whales (large holders) risk centralizing Ethereum? Buterin assures that this strategy will attract more capital without compromising network efficiency.

Conclusion: Where Is Ethereum Headed Next?

Ethereum stands at a crossroads, with high market volatility and multiple innovations underway. While prices remain uncertain, network upgrades and industry support indicate that Ethereum remains an asset worth watching.

However, investors should remain cautious and consider both technical and fundamental factors before making decisions. With the gas limit increase and the Pectra upgrade on the horizon, Ethereum has the potential to become more scalable and efficient, but it also faces significant challenges in the process.

For those looking for investment opportunities, understanding Ethereum’s market dynamics and technological advancements is key to making informed decisions.

This Press Release has also been published on VRITIMES