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Cryptocurrency News Articles

Solaxy, the First Solana Layer 2 Solution, Raises $23M in Presale Targeting Blockchain Scaling and Algorithmic Trading

Feb 24, 2025 at 12:02 am

Solaxy, the first Solana Layer 2 solution, is gaining traction for its goal of improving the blockchain's efficiency, scalability, and reliability.

Solaxy, the First Solana Layer 2 Solution, Raises $23M in Presale Targeting Blockchain Scaling and Algorithmic Trading

Solaxy, the first Solana Layer 2 solution, is gaining attention for its goal of improving the blockchain’s efficiency, scalability, and reliability. The project is currently in its presale phase, having already raised over $23 million, with expectations of reaching even higher milestones.

With staking rewards currently sitting at an impressive 176%, Solaxy presents an attractive opportunity for early investors looking to maximize their returns. One of the standout features of Solaxy is its plan to launch its own blockchain, positioning itself as a true Layer 2 solution for Solana.

This will allow users to bridge their tokens seamlessly while ensuring greater efficiency and scalability. The Solaxy token, $SOLX, is set to be available on both centralized and decentralized exchanges, further expanding its accessibility and market reach.

The presale process itself is structured to ensure that early buyers acquire the token at the lowest possible price, with incremental price increases throughout different stages.

For those interested in participating in the Solaxy presale, the process is relatively simple. Users need to connect a compatible crypto wallet, such as Best Wallet, and fund it with popular cryptocurrencies like $USDT, $ETH, or $BNB.

The tokens can then be purchased directly, with the option to stake them immediately for additional rewards. Staking is highly encouraged as it provides passive income while supporting the overall network.

The Future of Solana Scaling and Algorithmic Trading

In addition to the core Solaxy presale, the discussion also highlighted the Meta Signals platform, a service that provides algorithmically generated trading alerts with a reported 70% win rate.

Meta Signals offers two packages—Mafioso and Mogul—both of which provide access to trade alerts, technical analysis courses, and proprietary trading indicators. The platform has been designed to help traders make more informed decisions, leveraging historical data to predict market movements.

The Meta Signals NFT also offers lifetime access to these tools, along with cashback rewards based on Ethereum’s market price. Beyond its technical advantages, Solaxy is backed by a solid roadmap that aims to enhance the overall usability of the Solana ecosystem.

By reducing congestion and improving transaction speeds, the project is expected to attract a strong user base, particularly among developers and decentralized application (dApp) creators. Solaxy’s tokenomics further reinforce its long-term vision.

Source – Solaxy Twitter

A substantial 25% of the total supply is allocated for early supporter rewards, while 20% is reserved for the treasury. Additionally, 15% is dedicated to marketing efforts, ensuring that the project gains visibility across the crypto community.

Given the competitive landscape of blockchain projects, having a strong marketing strategy is crucial for adoption and sustained growth. As Solaxy moves closer to its token generation event (TGE), anticipation continues to build around its potential impact on the Solana ecosystem.

If the project delivers on its promises, it could play a pivotal role in addressing some of the blockchain’s most pressing challenges. With a well-structured presale, high staking rewards, and a clear roadmap, Solaxy stands out as an attractive investment opportunity for those looking to capitalize on the next wave of blockchain innovation.

For the latest updates on the Solaxy presale, check out their X account (formerly Twitter) or join their Telegram channel. To take part in the $SOLX token presale visit solaxy.io.

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