Solaxy Rides Market Rebound with $29.7M Raised

The crypto market is rebounding, and sentiment is shifting fast. Bitcoin climbed back to $80,000, and Solana now trades around $115

The crypto market saw some green today, with Solana leading the charge — jumping more than 13.35% in the past 24 hours.

This sudden upside followed former President Donald Trump’s announcement of a 90-day pause on tariffs, which sparked short-term optimism across both traditional and digital markets. Traders already believe this window could be just enough to trigger a “cheeky little bull market.”

During this upswing, a new project called Solaxy stepped into the spotlight with plans to boost Solana’s scalability. Built as a next-gen blockchain solution, Solaxy is tackling one of Solana’s biggest challenges: network congestion during peak demand.

Solaxy Is Quickly Approaching Sellout As Trump's Tariffs Offer Brief Respite

The crypto market is slowly bouncing back, and sentiment is shifting quickly. Bitcoin climbed back to the $80,000 mark, and Solana now trades around $115 — strong signs that the market is shaking off the recent sell-off.

Trump’s decision to pause tariffs for 90 days helped fuel this recovery, boosting confidence in both traditional and digital assets.

Solaxy is quickly approaching a sellout. Its presale has already raised $29.7 million, with $SOLX tokens still available for just $0.00169.

To join the presale, visit the Solaxy website and connect a wallet. For a smoother experience, Best Wallet provides an overview of contributed tokens and offers seamless multichain access to both Ethereum and Solana.

The $SOLX presale is quickly approaching its hard cap! 🔓

Join the future of scalable blockchain technology and secure your $SOLX tokens today! 👇https://solaxy.io

Contribute Now: https://t.co/M6G81u87qS #Solana #Layer2 #Web3 #crypto

pic.twitter.com/jJ8x8b7B8c

— Solaxy (@SolaxyOfficial) March 24, 2024

After the presale concludes, the team plans to list $SOLX on a leading DEX. They’ve also outlined a clear tokenomics model: 25% of the supply will go to staking rewards, 30% will support continued development, and 15% will fuel marketing efforts.

Those seeking passive income can take advantage of the $SOLX staking protocol, which offers an estimated 137% APY. So far, users have staked over 8.3 billion $SOLX tokens.

Among the 2025 crypto presales, Solaxy stands out. Its blend of smart technology, market timing, and strategy makes it one of the most promising early-stage projects to watch right now.

Solaxy Is Boosting Solana's Speed And Scalability With New Layer-2 Tech

Solaxy operates as a Layer-2 solution specifically designed for Solana. It's tackling some of the chain’s most pressing challenges by handling operations off-chain.

By bundling transactions into batches—known as rollups—and sending them to Solana’s mainnet for final settlement, Solaxy helps reduce fees and boost transaction speeds.

Beyond that, Solaxy is connecting Solana with Ethereum, enabling seamless asset transfers between the two networks and enhancing liquidity. This cross-chain setup supports smoother high-volume activity, such as meme coin trading, while adding more versatility to Solana’s ecosystem.

Interest in the project continues to grow as its launch approaches. The team is keeping the momentum going with regular updates on the official website. The March 25 update offered a glimpse into what’s next.

That update introduced a new sequencer integration using the Sovereign SDK, which delivers “soft confirmations” so users can quickly verify transaction validity—even before final processing.

The team also improved rollup performance by adding a caching mechanism and continues refining the bridge UI through work with Hyperlane. These upgrades aim to improve both security and user experience.

Community interest reflects the project's strong appeal. Solaxy's official X (Twitter) account has already attracted over 74,000 followers, while its Telegram channel continues to expand alongside growing presale demand.

With a clear use case and a wave of support from the crypto community, Solaxy looks built for the long haul—not just another short-lived hype coin. That's why investors are watching it closely.