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Cryptocurrency News Articles

Solaxy (SOLX) Raises Over $26.1 Million in Its Presale, Solidifying Its Position as One of the Most Talked-about New Crypto Tokens

Mar 15, 2025 at 05:10 pm

Solaxy aims to introduce a Layer-2 (L2) scaling solution for Solana, designed to address the blockchain's ongoing congestion and network issues.

Solaxy (SOLX) Raises Over $26.1 Million in Its Presale, Solidifying Its Position as One of the Most Talked-about New Crypto Tokens

Having raised over $26.1 million within a few months of its presale launch, Solaxy (SOLX) is solidifying its position as one of the most talked-about new crypto tokens.

Aiming to introduce a Layer-2 (L2) scaling solution for Solana, Solaxy is highlighting its role in alleviating the blockchain’s persistent congestion and network issues. Despite launching in a period of broader market downturn – where the overall crypto space is down 3.23% in the last 24 hours and Solana meme coins have dropped by 8.4% – Solaxy’s presale has continued to surge.

The project is currently raising about $100,000 daily, showcasing its strong investor demand.

With the presale price set at $0.001662 per token, prices are expected to increase with each subsequent round, potentially rewarding early adopters.

How Solaxy Plans to Revolutionize Solana’s Infrastructure

Solaxy’s endeavor is to enhance the Solana network’s efficiency with its advanced L2 scaling solution. While Solana is recognized for its swift transactions, its network has encountered congestion during periods of heavy usage, leading to transaction failures.

Solaxy aims to circumvent these issues by executing transactions off-chain and later settling them in batches on Solana’s L1 mainnet. This model is anticipated to improve processing speeds while reducing congestion significantly.

Beyond its scalability upgrades, Solaxy plans to introduce a highly flexible framework tailored for developers, enabling them to build optimized decentralized applications (dApps).

Additionally, Solaxy is working toward cross-chain interoperability, which would enable seamless asset transfers between Solana and Ethereum. This integration aims to combine Solana’s speed and affordability with Ethereum’s liquidity and established ecosystem, potentially increasing SOLX adoption and overall market value.

Why Are Analysts Keeping an Eye on Solaxy?

Solaxy’s record-breaking presale has drawn the attention of leading crypto analysts and influencers. One of them is ClayBro, a popular YouTuber with over 136,000 subscribers, who has described Solaxy as one of the most promising presales of the year.

In a recent video, ClayBro highlighted that while crypto markets have been struggling in the short term, meme coin and crypto search volume is reaching all-time highs.

As Solana’s trading volume and investor activity grow, its network congestion is expected to increase, creating demand for a Layer 2 scaling solution like Solaxy. Given its strong presale performance, ClayBro suggests that Solaxy has significant long-term growth potential.

ClayBro also cautioned that, like any new crypto investment, there are inherent risks. He emphasized that investors should always do their own research and invest only what they can afford to lose.

Earn Rewards With Solaxy’s Staking Program

Beyond its L2 developments, Solaxy offers an attractive staking model that allows token holders to earn a passive income. With an annual percentage yield (APY) of 156%, the staking rewards are among the highest in the industry.

From a total supply of 138.046 billion tokens, more than 7.3 billion SOLX tokens have already been staked. This reflects strong investor confidence in the project’s long-term vision and potential.

Get Involved in the Solaxy Presale

Solaxy’s promised L2 solution, along with its surging presale success, has positioned it as one of the most anticipated crypto projects of 2025. While the project is still in its presale phase, its continued success and investor demand could set the stage for significant growth post-launch.

Investors looking to participate in the presale can purchase SOLX tokens directly from the official Solaxy presale website. The platform supports multiple payment options, including ETH, USDT, BNB, and Credit Card options.

SOLX tokens are also available for purchase through the Best Wallet app, which is available for download on both Google Play and the Apple App Store.

With its focus on scalability, interoperability, and staking incentives, Solaxy is shaping up to be a standout project in the crypto market.

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Other articles published on Mar 17, 2025