Layer-2 Scaling Solution Solaxy (SOLX) Raises Over $29M in Presale

Solana's issues with network congestion are well known, but a solution is now close to launching. Solaxy (SOLX) is building the first Solana Layer-2 and has already raised over $29 million

Solana’s issues with network congestion are well known, but a solution is now close to launching. Solaxy (SOLX) is building the first Solana Layer-2 and has already raised over $29 million through its presale in just a few months.

Retail investors, whales, and analysts alike have been quick to give their backing to this exciting project, with many predicting Solaxy to see significant growth once it launches its L2 and lists on exchanges.

How Solaxy Helps Solana’s Scalability Issues

Solana’s impressive speed and low fees have always drawn in users, but not everything has been smooth sailing. The blockchain experienced heavy congestion and failed transactions as it could not reach even near its theoretical throughput during major token launches. Solaxy rewrites the script by introducing a Layer-2 chain that is purpose-built to solve these issues.

With Solaxy’s rollup-based architecture, users can expect smoother performance even during network surges. By adding a new scalability layer on top of Solana, Solaxy enhances its reliability while preserving the chain’s signature efficiency. It’s built to handle the pace of the fast-moving crypto economy, especially when meme coin mania kicks into gear again this year.

Solaxy gives regular users access to the performance typically reserved for high-speed bots. In meme coin markets where seconds can make or break a trade, Solaxy’s infrastructure keeps traders ahead of the curve.

However, Solaxy doesn’t stop at solving Solana’s limitations. It takes a step further by linking Ethereum’s liquidity with Solana’s high-speed framework through SOLX. This multi-chain token operates seamlessly across both blockchains, opening the door to a larger, more diverse user base.

Whether you’re an Ethereum user looking for faster execution or a Solana fan seeking access to deeper liquidity pools, SOLX is the connector. This bridge between chains empowers traders, developers, and DeFi enthusiasts to move between ecosystems without friction.

It’s important to note that Solaxy consistently publishes its development updates, making sure to keep its investors in the loop.

SOLX Presale: Early Access Comes with Rewards

With the presale now well past the $29 million mark, it’s clear that crypto enthusiasts recognize Solaxy’s potential. The token price rises incrementally with each presale phase, so timing is everything. Timing is everything. Buyers who act now secure SOLX at its current rate before the next increase takes effect in under 24 hours.

Aside from its utility as a scaling solution, investors can benefit from Solaxy’s staking functionality that’s operational even during the presale. Holders can lock their tokens and earn rewards immediately with a dynamic APY of 140%, turning passive holdings into productive assets. Keep in mind, dynamic yields drop as more tokens are staked, making it prudent to stake as early as possible to take advantage of the high yields.

Once the presale wraps, Solaxty won’t keep buyers waiting. SOLX will launch on centralized and decentralized exchanges, providing immediate access to liquidity and trading. Those who’ve staked during the presale can claim their tokens just one week after launch, maintaining the momentum from the start.

Joining the SOLX presale is hassle-free. Whether you’re on Ethereum or Solana, you can buy using ETH, SOL, BNB, or even your credit or debit card. That ease of access has undoubtedly helped drive the presale’s success, making it simple for crypto newcomers and seasoned investors to get involved before prices rise again.

These are only some of the reasons popular crypto YouTube channel 99Bitcoins believes Solaxy is a potential 10x token worth checking out.

An Exciting Future Ahead

Solaxy is a purpose-built network that fixes what’s broken on Solana while amplifying what works. From ultra-fast meme coin trades to developer-friendly tools and cross-chain liquidity access, Solaxy brings a fresh perspective to Solana smart contract platforms.

With just hours left before the price increases again, now’s the time to act. Solaxy has already raised over $29 million – and that could be just the beginning.

Be sure to follow Solaxy on X and join their Telegram group to stay up to date.

Visit Solaxy Presale