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Cryptocurrency News Articles

Solaxy (SOLX) Presale Nears $20M as Crypto Experts Draw Comparisons to XRP

Feb 13, 2025 at 06:12 am

This Solana Layer-2 solution has secured almost $20 million in presale funding, and some top crypto experts are taking notice. Could SOLX be primed for XRP-like gains in 2025?

Ripple’s (XRP) journey from a tiny token priced at $0.05 to one of the biggest altcoins is nothing short of legendary. Now, a new coin is looking to match that growth – Solaxy (SOLX). This Solana Layer-2 solution has secured almost $20 million in presale funding, and some top crypto experts are taking notice. Could SOLX be primed for XRP-like gains in 2025?

From Pennies to Dollars – The Ripple Story That Has Experts Buzzing About Solaxy

Back in 2013, XRP was just another low-level crypto, trading for pennies. Hardly anyone knew about Ripple, let alone its potential to transform cross-border payments.

Fast-forward to 2025, and XRP is trading around $2.40 – it even traded as high as $3.84 during the 2018 bull run.

So, what was behind XRP’s rise? It’s simple: solving a real-world problem in global finance and locking in key partnerships with major banks.

Crypto expert ClayBro believes Solaxy could take a page from XRP’s book. He described it as a “top new crypto” and pointed out its strong technical foundations, which XRP also has. Ultimately, ClayBro believes SOLX could be set to rally once its presale ends and potentially produce enormous returns for early investors.

Solaxy’s presale is fast approaching the $20 million mark. During the current presale stage, investors can buy SOLX, Solaxy’s native token, for just $0.001632. Once the presale wraps up, the Solaxy team plans to list SOLX on a DEX – and if all goes well, on a CEX next.

How Solaxy Plans to Transform Solana Like Ripple Changed Banking

While Ripple set out to transform banking, Solaxy has a different (but equally bold) mission – to make Solana faster, smoother, and more reliable.

Solaxy is a Layer-2 solution designed to handle transactions off-chain and bundle them for settlement on Solana’s mainnet. Think of it like a traffic management system for the blockchain. Instead of every transaction piling onto the chain at once, Solaxy creates another “lane” to keep things moving efficiently.

But there’s more to Solaxy than just its scaling capabilities. Just like Ripple builds bridges between banks, Solaxy is working to connect two of crypto’s biggest ecosystems – Solana and Ethereum. Throw in some market-beating staking rewards for presale investors, and you’ve got a project that’s thinking beyond short-term gains. Security is also a top priority, which is why the team has had Solaxy’s smart contracts audited by Coinsult.

Why SOLX Could Explode Like XRP as Layer-2 Demand Grows

The key to Solaxy’s ecosystem is SOLX – similar to how XRP powers Ripple’s network. But while XRP is all about cross-border payments, SOLX has multiple use cases.

SOLX is used for transaction fees, staking rewards, and governance voting that gives holders a say in Solaxy’s future. This kind of multi-purpose utility could be a big demand driver for SOLX as Solaxy’s adoption ramps up.

If history has taught us anything, solving real crypto problems tends to lead to value creation. XRP is proof of that. Because it tackled the inefficiencies of international payments, the token has exploded in price over the past ten years. Solaxy’s mission to fix Solana’s scaling issues could mean it follows a similar trajectory, especially as Layer-2 solutions become more important.

So, with Solana’s stablecoin volumes hitting record highs last month, the timing couldn’t be better for Solaxy. Predicting prices in crypto is always a gamble – but SOLX seems to be in a great spot.

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Other articles published on Feb 13, 2025