Solaxy Raises $30M in Presale Ahead of TGE, Showcasing Innovation and Strong Community Support

Crypto Nautic shared his review of Solaxy and its $SOLX token, currently in presale and nearing $30 million raised, with his 102,000 YouTube subscribers.

Crypto Nautic, a popular cryptocurrency influencer known for his in-depth analysis and engaging content, has shared his insights on Solaxy, a new crypto project that has taken the Solana ecosystem by storm.

With over 102,000 YouTube subscribers eagerly awaiting his latest reviews, Nautic recently focused on Solaxy and its native token, $SOLX, currently available for presale and nearing $30 million raised.

Set against the backdrop of a rapidly evolving crypto landscape, Solaxy emerges as an innovative project, striving to push the boundaries of what the Solana network can achieve.

Having already raised a substantial $29.8 million in its presale, Solaxy aims to introduce a future-proof infrastructure tailored to support high-volume meme coin trading and broader multi-chain compatibility.

At the heart of this endeavor lies $SOLX, the project’s token, currently priced at $0.001692 and steadily increasing in value with each presale phase.

A Layer 2 (L2) solution built on Solana, Solaxy aims to surmount the inherent scalability limitations that often hamper blockchain projects.

Moreover, the project bridges Ethereum and Solana, acquiring the best aspects of both networks—liquidity and interoperability—to drive adoption.

“They’ve brought together the strengths of Ethereum’s vibrant DeFi ecosystem with the blazing-fast throughput of Solana’s L1 chain to create a hybrid environment that can handle anything thrown at it,” said Nautic.

A snapshot summary of the project:

A new generation of rollup technology is being deployed by Solaxy to support efficient and scalable blockchain operations.

The project’s L2 solution is powered by Sovereign’s modular rollup framework, renowned for its advanced capabilities.

To ensure seamless integration with existing and future DeFi protocols, Solaxy’s L2 is compatible with the Ethereum Virtual Machine (EVM).

The project’s token, $SOLX, is poised for listing on both centralized and decentralized exchanges shortly after the token generation event (TGE).

Having already raised over $29.8 million in its presale, Solaxy is rapidly approaching the completion of its presale phase.

Watch Crypto Nautic’s full review of Solaxy and $SOLX here:

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Solaxy Strengthens Community Trust with Transparent Dev Updates and Tech Upgrades

One area where Solaxy stands out is its commitment to transparency and regular updates to keep the community informed about development progress.

The latest update from the project’s dev team focuses on data availability, rolling out new batches and adjusting rollup infrastructure for optimal performance.

“Now, Solaxy has integrated a new sequencer implementation from the Sovereign SDK to support soft confirmations. This addition allows users to enjoy quicker validation of their transactions before they are officially processed by the rollup,” said Nautic.

The updated sequencer also enables an easy switch between basic and soft confirmation kernels, providing flexibility in transaction processing.

The team is introducing additional improvements to transaction processing and is actively collaborating with Sovereign on a new caching mechanism. These updates aim to increase transaction throughput and overall TPS.

Furthermore, the serialization and deserialization steps are being adjusted to reduce unnecessary overhead and streamline data flow.

In a move that ensures smooth integration with broader DeFi ecosystems, Solaxy is working with Hyperlane to ensure the validator configuration is correctly set up, even during testnet stages.

This effort enhances security and provides users with a more stable and production-like bridging experience.

These updates are available to the community, ensuring that users remain informed and connected throughout the project’s evolution. The open Telegram chat and responsive team further enhance this sense of community trust.

Its official X account (formerly Twitter) has also gained a massive following, with over 73K followers. The strong community backing of the Solaxy project makes it one of the best new cryptos to buy now.

Massive $29.8M Presale Signals Strong Future for Solaxy and $SOLX

The $SOLX presale alone has already raised over $29. 8million, indicating significant investor confidence. Although many new crypto projects come with high expectations, not all live up to the hype—but Solaxy appears to be charting a different course, with a solid foundation and promising roadmap.

The staking rewards currently offering an impressive 136% APY, it’s no surprise that interest in this project has surged. As it stands, over 8.4 billion tokens have already been staked, highlighting a high level of community commitment and belief in the project’s future.

For users participating in the presale, purchasing $SOLX tokens is made easy through both crypto and bank card options, although a wallet connection is still required to claim tokens. Wallets like Trust Wallet, MetaMask, Coinbase Wallet, and Best Wallet are all compatible.

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