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Cryptocurrency News Articles

Solaxy (SOLX) Presale Surpasses $23M, Aims to Fix Solana's Congestion and Failed Transactions

Feb 25, 2025 at 08:39 pm

The Solaxy presale is advancing toward its goal of building the first Solana Layer-2 solution, having already raised over $23 million. This strong investor confidence in the $SOLX token highlights its potential.

Solaxy (SOLX) Presale Surpasses $23M, Aims to Fix Solana's Congestion and Failed Transactions

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The Solaxy presale is advancing toward its goal of building the first Solana Layer-2 solution, having already raised over $23 million. This strong investor confidence in the $SOLX token highlights its potential.

By tackling Solana’s biggest challenges—network congestion and failed transactions—while preserving its speed and low fees, Solaxy aims to transform how the Solana blockchain operates.

Keep reading to learn more about Solaxy, how it solves Solana’s congestion problems, and why investors are flocking to the $SOLX presale.

Fixing Solana’s Congestion: How Solaxy Ensures Smooth Transactions

Solana runs one of the fastest blockchains, handling about 4,500 transactions per second (TPS). In comparison, Ethereum processes around 15 TPS. Because of this speed, investors, traders, and meme coin fans prefer Solana, where thousands of tokens launch daily.

Popular meme coins like WIF, BONK, and TRUMP started on Solana, showing that it offers better trading conditions for meme coins than other blockchains.

However, this high demand often leads to failed transactions when the network gets crowded. Simple tasks like swapping tokens, claiming DeFi rewards, or playing Web3 games become difficult.

Solaxy aims to fix this as Solana’s first Layer-2 blockchain. It uses a roll-up system to increase speed and make transactions more reliable. With these improvements, Solaxy ensures smooth transactions, even during peak congestion.

As a meme coin and the native token of the Solaxy blockchain, $SOLX fuels an ecosystem that connects Ethereum’s deep liquidity with Solana’s speed. Since $SOLX works on both Ethereum and Solana, it links two of the biggest crypto networks, increasing its market potential and usefulness.

Solaxy (SOLX) Presale Surpasses $23M

Solaxy (SOLX) reached a major milestone in its presale, raising over $23 million in just a few months. The token price will go up in less than 48 hours, making this the last chance to buy $SOLX at $0.001646.

Buyers can get $SOLX from the official Solaxy presale website, which supports multiple payment methods, including Ethereum (ETH), Tether (USDT), and Binance Coin (BNB). Credit card payments are also available for added convenience.

$SOLX can also be bought through the Best Wallet app, which is available on Google Play and the Apple App Store. For more information, investors can check out our guide on purchasing Solaxy tokens here.

Source – Solaxy (SOLX) Twitter

During the presale, buyers can stake their tokens and earn rewards, currently offering a 173% APY. This setup gives early buyers high returns while supporting the platform’s growth. So far, over 6.6 billion $SOLX tokens have been staked, showing strong community confidence in the project.

After the presale, plans are in place to list $SOLX on a DEX later this year, with a CEX listing possibly following. These listings will improve liquidity and make it easier for traders to buy and sell $SOLX.

The Solaxy team has set aside 10% of the total token supply for liquidity, adding to the excitement around the project. If you want to see what the future holds for Solaxy, you can check our $SOLX price prediction guide.

As Solana’s ecosystem grows, the demand for a strong Layer-2 scaling solution is clearer than ever. With advanced transaction optimization and a dedicated community, Solaxy is positioning itself as a major force in the next wave of blockchain innovation.

For the latest updates, follow Solaxy on X and join its Telegram channel. To take part in the $SOLX token presale visit solaxy.io.

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Other articles published on Feb 26, 2025