Solaxy ($SOLX): The First-Ever Layer-2 Solution Built on Solana Raises $7M in Presale

Solaxy ($SOLX), the first-ever Layer-2 solution built on Solana, has reached an extraordinary milestone, raising $7 million during its presale phase.

Solaxy ($SOLX), the first-ever Layer-2 solution built on Solana, has reached an extraordinary milestone, raising $7 million during its presale phase.

The impressive $7 million presale marks a significant leap forward for Solaxy, especially given its rapid success in earlier fundraising rounds.

As demand for $SOLX grows, its value is likely to increase. But don’t miss out on its current price – $SOLX token is available for $0.001584.

However, the presale price rises to $0.001586 when the clock finishes its countdown today, so prospective buyers need to move quickly to snare the lowest available entry point.

The token also serves as a gateway to 550% per annum staking rewards. More than 2 billion $SOLX tokens have been staked since the presale began two weeks ago. Solaxy total token supply is 138 billion.

$SOLX token rewards are distributed at a rate of 4377.4 $SOLX tokens per ETH block. They will be disbursed over three years and claimable once the presale token claim goes live.

Can Solaxy redefine how developers and traders interact with the Solana and Ethereum ecosystems?

The $7 million presale figure reflects strong investor confidence in the project’s vision to enhance the performance of Solana while bridging it with Ethereum’s liquidity-rich ecosystem.

One of Solaxy’s standout features is its ability to integrate seamlessly with both Solana and Ethereum.

This multi-chain approach leverages the strengths of each blockchain. While Solana is ideal for high-frequency trading and decentralized applications, Ethereum offers unparalleled liquidity and security.

By creating a bridge between these two ecosystems, Solaxy enables users to transfer assets effortlessly across chains.

This integration not only enhances user experience but also paves the way for new multi-chain applications that were previously unattainable.

Why Solaxy? Addressing Blockchain Bottlenecks

Solaxy was conceived as a response to persistent challenges faced by the Solana network. Its popularity as a platform for launching meme coins and other high-volume transactions has led to increased congestion. Spam transactions, often orchestrated by bots, clog the network, resulting in failed transactions and delays.

Moreover, despite its reputation for speed and cost-efficiency, Solana struggles with scalability during peak usage periods. Up to 70% of non-vote transactions fail during these times.

While Ethereum dominates DeFi activity, its scalability limitations hinder seamless interaction with other blockchains like Solana.

Solaxy addresses these challenges by introducing a Layer-2 solution that optimizes transaction flows and reduces congestion.

By offloading some of the network’s workload, Solaxy ensures that Solana remains fast, reliable, and scalable.

So with fewer failed transactions, users can trust the network for critical operations.

$SOLX is Solana without the limits.

Scalable, smooth, and congestion-free.

Grab your tokens NOW: https://t.co/jDHdwwjQDr

Built for $MEW, $COCO, $TITS, $SPX, $APU, $BINK, and $MITO believers! pic.twitter.com/SYp0h3WcIk

— Bakchod.Apepes (@bakchod_chora_) December 19, 2024

Solaxy’s Strong Community Backing

Solaxy is setting a precedent for what’s possible in blockchain innovation.

With endorsements from well-known individuals like ClayBro and close to 20,000 social media followers, Solaxy has drawn interest from cryptocurrency fans all over.

In fact, YouTuber StockInv with over 50k followers made a video on how to buy $SOLX

Here’s How To Join The Presale

The current presale phase offers a unique opportunity for investors to acquire $SOLX tokens at their lowest price point before subsequent price increases take effect.

You can buy $SOLX on the Solaxy.io homepage or via the ‘Upcoming Tokens’ feature in the fast-growing new Web3 crypto wallet Best Wallet.

With its innovative Layer-2 solution addressing critical issues on one of the fastest-growing blockchain networks, Solaxy presents a compelling case for long-term growth.

For the latest updates on the project, connect with the $SOLX community on X and Telegram

Visit the SOLX presale website.