Early investor interest in Solaxy ($SOLX) shows no signs of slowing down, with presale funding now surpassing $25 million

Currently, $SOLX is priced at $0.001658, but with the current presale stage setting to close in the next 10 hours

Early investor interest in Solaxy ($SOLX) shows no signs of slowing down, with presale funding now surpassing $25.6 million just hours before a crucial price increase.

Currently, $SOLX is priced at $0.001658, but with the current presale stage set to close in the next 10 hours, buyers must act fast to secure the token at a lower price.

This funding momentum comes as Solana validators prepare to vote on two key upgrades – known as Solana Improvement Documents (SIMDs) – designed to boost network sustainability. These upgrades align closely with Solaxy’s mission to improve Solana’s efficiency during periods of heavy traffic.

With milestones being hit, Solaxy is closing in on its funding goals, meaning the chance to become an early investor in Solana’s first Layer-2 chain could be slipping away.

If Solaxy’s upcoming launch follows this rapid progress, Solana could soon become a significantly more scalable and reliable blockchain, reducing the risk of frustrating outages for users and placing $SOLX holders in a prime position to see their holdings grow immensely.

Solaxy’s recent upgrades could positively impact the value of both $SOL and $SOLX

Solana validators are gearing up to vote on two critical upgrade proposals this month that could reshape the network’s tokenomics – and both could have a major impact on $SOL’s future.

The first proposal, SIMD 0123, introduces an in-protocol mechanism that directs Solana’s priority fees to validator stakers. Currently, these fees are collected exclusively by validators, with no requirement to share them. If passed, this change would boost staking rewards while discouraging off-chain deals between traders and validators, strengthening on-chain execution.

The second proposal, SIMD 0228, has sparked debate. It suggests adjusting $SOL’s inflation rate to decrease as staking participation rises. This could reduce token dilution and ease selling pressure from stakers cashing out rewards as income. Critics argue it may cut validator earnings, but supporters believe it could significantly increase $SOL’s value by making the token scarcer during periods of high staking.

On top of these developments, Solaxy, Solana’s first Layer-2 scaling solution, could further boost $SOL’s outlook. Designed to improve network reliability during periods of heavy demand – a long-standing pain point for Solana – Solaxy’s potential launch is drawing closer.

"The future belongs to those who move first."

— SOLAXY (@SOLAXYTOKEN) March 9, 2025

While SIMD 0228 and SIMD 0123 focus on Solana’s tokenomics, Solaxy tackles the network’s performance challenges

Solaxy is addressing Solana’s congestion challenges by processing transactions off-chain — a crucial step that will ease pressure on the Solana mainnet, especially during periods of heavy demand.

While Solana can handle far more transactions per second than major payment networks like Mastercard and Visa, it has still struggled with reliability during traffic surges. A notable example occurred in January when the launch of U.S. President Donald Trump’s meme coins overloaded the network.

To combat these issues, Solaxy’s rollup infrastructure recently introduced key optimizations that are now fully operational. These upgrades deliver faster transactions, lower fees, and improved on-chain data storage — all designed to enhance performance and keep Solana stable when activity spikes.

These optimisations follow Solaxy’s integration of Best Wallet, providing multi-chain support for Solaxy users and expanding the token's accessibility.

Token Launchpad Expansion

We're in talks with key platforms to facilitate token launches on Solaxy. Deploying your project just got easier!

Rollup Infrastructure & Data Availability

Optimisations are in full swing:

🪐 Lower latency & higher bandwidth

🪐 Reduced transaction fees

🪐 Improved on-chain data storage

— SOLAXY (@SOLAXYTOKEN) March 7, 2025

On top of that, Solaxy has expanded its capabilities with multi-chain wallet support, allowing investors from other chains to seamlessly access Solaxy and connect to the Solana ecosystem.

Additionally, Solaxy’s new token launchpad is set to simplify project launches on its platform, potentially emerging as a powerful alternative to Pump.fun, with a broader focus beyond meme coins.

$SOLX has the potential to grow at a similar pace to $SOL

Currently, $SOL has dropped to $127, down from its recent spike to $177, following news of the support for the creation of a U.S. crypto reserve that includes $SOL, Ripple (XRP), and Cardano (ADA).

However, disappointment stemming from last week’s White House Digital Assets Summit has triggered a broader crypto market decline. The absence of detailed policy guidance on digital assets has left investors uncertain, contributing to the downturn.