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Cryptocurrency News Articles

The Solaxy ($SOLX) presale has surpassed $22 million, marking a significant funding milestone as the first Layer-2 solution on Solana.

Feb 22, 2025 at 06:11 am

Investor demand continues to rise ahead of the next price adjustment, reinforcing the need for scalable blockchain solutions.

The Solaxy ($SOLX) presale has surpassed $22 million, marking a significant funding milestone as the first Layer-2 solution on Solana.

Solaxy ($SOLX), the first Layer-2 solution on Solana, has announced that its presale has crossed the $22 million mark. This achievement comes as a response to the increasing demand for scalable blockchain solutions.

Meanwhile, Solana’s network congestion has worsened, causing delays in transactions and slowing down trade execution for thousands of users.

This issue is being addressed by Solaxy, which offers a more scalable transaction framework with low fees and fast settlement times. Acting as a Layer-2 upgrade, Solaxy offloads transactions while securing them on Layer-1, enhancing network efficiency without sacrificing decentralization.

With Solana’s ecosystem expanding rapidly, scalability solutions like Solaxy are becoming crucial for maintaining smooth blockchain operations.

$SOLX is not just a temporary fix but a long-term solution for the blockchain’s challenges. By optimizing speeds and reducing processing loads, it ensures traders can execute orders faster, even during peak congestion.

Its structure enables developers to build scalable decentralized applications (dApps) with more stability, providing a stronger foundation for smart contracts and liquidity pools.

Unlike standard Layer-2s, Solaxy integrates additional features for active crypto users. Its infrastructure supports cross-chain compatibility, allowing for easy interactions between different ecosystems.

By addressing the bottlenecks that have hindered adoption, Solaxy is positioning itself as a critical component in Solana’s evolution.

The momentum in funding reflects the strong investor interest in Solaxy. Beyond scalability, $SOLX’s staking model has attracted attention, offering an opportunity for passive earnings while contributing to the network.

Currently, stakers can lock their tokens for 239% APY, making it one of the most rewarding options in the market. This structure ensures early adopters benefit from higher yields while contributing to the platform’s long-term liquidity.

This combination of utility and yield incentives makes Solaxy attractive not only to traders, but also to those seeking longer-term value generation. Unlike traditional staking models, Solaxy adjusts rates dynamically to ensure sustainable payouts without overinflation.

The $SOLX presale is entering its final accumulation phase, with early buyers securing allocations before the token experiences an appreciation in value. As Solaxy’s Layer-2 technology gains recognition, some analysts predict it will become a fundamental part of Solana’s long-term infrastructure.

With congestion issues becoming more evident, solutions like Solaxy are shifting from being optional to essential. While tokens are still available, the opportunity to join at the current price will soon close ahead of valuation adjustments.

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