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Cryptocurrency News Articles

Solaxy, Solana's First Layer-2 Presale, Surpasses $28M Fundraising Milestone

Mar 29, 2025 at 04:57 am

Popular crypto YouTuber Danjo Capital Master reviews Solaxy, Solana's first layer-2 presale, and its $SOLX token for his 855K subscribers.

Solaxy, Solana's First Layer-2 Presale, Surpasses $28M Fundraising Milestone

Popular crypto YouTuber Danjo Capital Master is reviewing Solaxy, Solana’s first layer-2 presale, and its $SOLX token. Set out to provide an insight into this project that has emerged as one of the most promising crypto presales, now surpassing the $28 million fundraising milestone.

Solaxy is a new Layer-2 (L2) solution designed to address congestion issues and enhance transaction speeds. It's also integrating unique blockchain technology to provide a seamless and scalable network. A key component of its success lies in its ability to function as a multi-chain token, bridging both Ethereum and Solana, promoting interoperability and liquidity.

This is especially relevant in today's crypto market, where there's a high demand for efficient and fast-executing networks, particularly with the rising prevalence of meme coins and high-frequency trading activities.

One of the most attractive features of Solaxy is its staking mechanism, which has already garnered significant attention. With over 7.9 billion $SOLX tokens staked, investors are capitalizing on the impressive staking rewards, currently set at 144% APY.

This allows participants to earn passive income while supporting the network’s stability and growth. The price of $SOLX is currently trading at $0.001678, presenting an opportunity for early investors to enter before its official exchange listing.

Unlike many other presale projects, Solaxy has already completed rigorous audits by Solidity KIngs and Certik, ensuring a secure and transparent ecosystem. Additionally, its strategic tokenomics structure ensures a well-balanced allocation, with 30% dedicated to development and 25% set aside for staking rewards.

The remaining portion is distributed among marketing, treasury reserves, and exchange liquidity. These factors establish Solaxy as a long-term player in the blockchain space rather than just another short-lived presale hype.

Solaxy Integrates Sovereign SDK and Hyperlane for Next-Level Performance

Beyond its presale success, Solaξη is actively expanding its ecosystem through technological advancements. A new sequencer implementation from the Sovereign SDK has been integrated to support soft confirmations, allowing users to receive quicker validation of their transactions before the rollup officially processes them.

The updated sequencer enables a seamless transition between basic and soft confirmation kernels, improving flexibility and efficiency. To enhance rollup performance, additional optimizations are being implemented, including a new caching mechanism developed in collaboration with Sovereign, which boosts transaction throughput and overall TPS.

Refinements to serialization and deserialization steps are also reducing unnecessary overhead, streamlining the processing flow. Meanwhile, work is ongoing with Hyperlane to configure the validator setup, strengthening security even in testnet conditions and ensuring a more reliable user experience that closely reflects production environments.

Solaxy’s upcoming roadmap includes exchange listings on both centralized and decentralized platforms, allowing for greater accessibility once the token officially launches.

The team is also working on expanding Solaxy’s token launchpad, providing an avenue for new projects to deploy within its ecosystem. These initiatives not only strengthen Solaxy’s credibility but also reinforce its vision of creating a highly scalable and efficient blockchain network.

With Solana’s Expansion, Solaxy Becomes a Crucial Layer 2 Alternative

Market analysts are closely watching Solaxy’s progress, particularly as Solana’s price trajectory continues to be discussed. Some predictions suggest Solana could reach $500 by 2025, and if this occurs, it could further accelerate demand for L2 solutions like Solaxy.

As Solana’s ecosystem continues to expand, congestion issues could become more pronounced, increasing the necessity for scalable alternatives. Solaxy’s ability to alleviate network congestion while improving transaction speeds places it in a prime position to benefit from Solana’s continued growth.

Moreover, with broader market trends favoring blockchain innovation, Solaxy could see increased adoption from both institutional and retail investors. The project’s official communications remain highly active, with regular updates shared across social platforms like X (formerly Twitter).

This level of transparency helps build trust within the crypto community and reassures investors of the project’s ongoing development.

With the presale nearing its final stages and momentum continuing to build, Solaxy stands out as one of the most exciting blockchain projects of 2025.

As it transitions into its next phase, all eyes will be on its execution, market conditions, and ability to maintain its competitive edge in the growing crypto landscape. To take part in the $SOLX token presale, visit solaxy.io.

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Other articles published on Mar 31, 2025