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Cryptocurrency News Articles
Solaxy ($SOLX) Gains Momentum with $16.3M Raised in Presale, Positioned to Revolutionize Solana
Jan 31, 2025 at 03:48 am
The crypto market is witnessing an unexpected shift, with large holders of Solana (SOL) reportedly diverting funds into a new altcoin called Solaxy ($SOLX).
Solana and Cardano whales are shifting their investments into Solaxy ($SOLX), a first-of-its-kind Solana Layer 2 blockchain. With $16.3M raised in presale and experts predicting up to 100x gains, here’s why investors are making the switch.
The crypto market is witnessing an unexpected shift, with large holders of Solana (SOL) reportedly diverting funds into a new altcoin called Solaxy ($SOLX).
Dubbed “XRP 2.0” by some analysts, Solaxy has raised an impressive $16.3 million in presale, drawing attention from both retail and institutional investors.
This shift is notable because Solana whales are known for their loyalty to the network. However, with persistent network congestion and scalability concerns, some are now exploring alternatives.
Solana’s recent successes, including its surge in adoption for DeFi, NFTs, and meme coins, have been met with challenges—including network slowdowns and failed transactions.
These issues became glaringly obvious when Donald Trump’s meme coin ($TRUMP) launched, overwhelming the network with 8 million transactions per second.
With Solaxy offering an innovative Layer 2 solution to fix these bottlenecks, it’s no surprise that big-money players are making the switch.
Solaxy ($SOLX) Gains Momentum with $16.3M Raised in Presale
Solaxy ($SOLX) has become one of the hottest presale projects, reaching $16.3 million in funding as it gears up to become the first Layer 2 on Solana.
But what’s setting Solaxy apart isn’t just its technical advancements—it's the fact that $SOLX will also launch on Ethereum, bridging two of the most dominant blockchain ecosystems.
This cross-chain strategy provides Solaxy with the best of both worlds—leveraging Solana’s high-speed capabilities while tapping into Ethereum’s established liquidity and user base.
GET IN EARLY—SECURE YOUR SOLAXY TOKENS NOW
Currently, investors can buy $SOLX at $0.00162, but prices will increase incrementally throughout the presale. Those who buy in early stand to benefit from the highest potential returns once the token hits exchanges.
Solaxy Solves Solana’s Biggest Problem—Congestion
Solana has earned a reputation as the fastest major blockchain, but its scalability issues are becoming harder to ignore.
The most recent congestion crisis came when Trump’s OFFICIAL TRUMP ($TRUMP) meme coin launched, causing transaction failures and significant delays.
Even Phantom Wallet, one of Solana’s top wallets, reported being overwhelmed, struggling to handle 8 million transactions per second.
How Does Solaxy Fix This?
Solaxy offloads transaction processing from Solana’s main chain, using off-chain and transaction bundling technology. This means:
* Faster transactions – Even during high-traffic events
* Lower fees – Transactions cost significantly less
* Reduced failure rates – Ensures successful trade execution
This innovative approach has caught the attention of analysts, with Umar Khan from 99Bitcoins telling his 700K YouTube subscribers that $SOLX could be primed for 100x returns.
If Solaxy delivers on its Layer 2 promise, it could cement its status as the most important upgrade to Solana since its inception.
Solaxy’s Tokenomics & 243% Staking APY
The $SOLX token is central to Solaxy’s ecosystem, acting as both the primary settlement asset and a trading pair on the Layer 2 blockchain.
Holders of $SOLX will also be able to stake their tokens, earning a massive 243% APY.
This staking pool is already live during the presale, meaning early buyers can start earning rewards immediately. However, as more investors stake their tokens, the APY will gradually decrease—so those who enter early stand to benefit the most.
Token Distribution:
* 30% allocated for ecosystem development (partnerships, integrations, developer grants)
* 20% reserved for long-term treasury funds (ensuring sustainable growth)
* Remaining supply split between marketing, exchange listings, and community rewards
JOIN THE SOLAXY PRESALE BEFORE THE NEXT PRICE INCREASE
This well-structured tokenomics model ensures that Solaxy is built for long-term success, with adequate reserves to sustain its growth beyond the presale phase.
How to Buy $SOLX Before the Presale Ends
There are two main ways to secure $SOLX tokens before the presale closes:
* Visit the Solaxy official presale page.
* Connect a crypto wallet (Best Wallet recommended).
* Choose the amount of $SOLX to purchase and select a payment method (ETH, USDT, SOL).
* Confirm the transaction and secure your tokens before the price
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- Texas Builds On Crypto-Friendly Foundation to Establish Bitcoin Reserve
- Jan 31, 2025 at 10:35 am
- Texas is poised to be at the forefront of cryptocurrency adoptions through its ambitious legislative proposal. Lieutenant Governor Dan Patrick has an ambitious plan to set up a Bitcoin reserve for the state as part of his legislative priorities in 2025.
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- Meme Coins Evolve into Serious Investment Opportunities: Arctic Pablo Coin ($APC), Cat in a Dog's World (MEW), and Official Trump ($TRUMP) Token Emerge as Top Contenders
- Jan 31, 2025 at 10:35 am
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- Top 5 Meme Coins to Buy This Week: BTFD Coin Leads the Charge
- Jan 31, 2025 at 10:35 am
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