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Cryptocurrency News Articles
Solaxy ($SOLX) Surpasses $17.6M in Presale Funding, Reflecting Strong Investor Confidence in Its Layer-2 Scaling Solution
Feb 05, 2025 at 04:01 pm
While Solana remains a preferred blockchain for high-speed trading, its network is showing signs of strain. Congestion and delayed transactions have frustrated users.
Layer-2 scaling solution Solaxy ($SOLX) has now surpassed $17.6 million in presale funding, reflecting strong investor confidence in its potential to enhance Solana’s network capacity.
While Solana remains a preferred blockchain for high-speed trading, its network has been showing signs of strain. High congestion and delayed transactions have left many users frustrated, highlighting the need for improved scalability.
Solaxy offers a solution by offloading transaction processing, reducing network slowdowns while maintaining Solana’s core strengths. Investors are recognizing its potential as a key infrastructure upgrade for the ecosystem.
With less than two days remaining before the next price increase, those looking to secure $SOLX at $0.001624 per token are moving quickly before the next price increase.
Solana’s Meme Coin Surge & Network Challenges
In recent weeks, meme coin trading has exploded on Solana, with thousands of new tokens emerging. This influx has driven high transaction volumes but has also exposed the blockchain’s ongoing congestion issues.
Solana’s low fees and fast processing times made it a go-to network for traders, but with so much activity, delays and failed transactions are becoming more frequent. Even centralized exchanges like Coinbase struggled to handle the surge, leaving users waiting hours for Solana transfers.
This congestion is why Layer-2 solutions like Solaxy are gaining traction. By handling transactions off-chain while maintaining Solana’s security framework, Solaxy allows users to trade seamlessly—even during peak periods.
As Solana’s ecosystem grows, the demand for scalability solutions will only increase. Investors looking at Solaxy see it as a necessary upgrade, not just an alternative, to the current system.
How Solaxy Strengthens Solana’s Infrastructure
Unlike temporary congestion fixes, Solaxy is built for long-term scalability, ensuring that Solana remains efficient even as user adoption surges.
By processing transactions off-chain and settling them back on Solana’s Layer-1, Solaxy maintains speed without compromising security. This model allows for higher transaction throughput, benefiting traders, NFT markets, and DeFi platforms.
Additionally, Solaxy integrates developer-friendly tools that make it easier to build applications without worrying about network slowdowns. This is key for dApps, liquidity pools, and automated trading platforms that require uninterrupted performance.
Solaxy strengthens Solana’s foundation, making it more resilient to network spikes. With blockchain adoption expanding, having a reliable Layer-2 infrastructure ensures Solana’s long-term viability as a dominant smart contract platform.
Investor Demand & Token Utility
Solaxy’s presale momentum shows growing interest in solutions that extend Solana’s capabilities. Investors are looking beyond short-term hype, focusing on projects that deliver real utility.
The $SOLX token powers Solaxy’s ecosystem, serving multiple functions, including transaction fee reductions, governance participation, and network security. Its role within the platform ensures sustained demand as adoption grows.
For those interested in passive income, Solaxy offers staking rewards of up to 228% APY, making it one of the most attractive DeFi staking options in the market. Early stakers benefit from higher yields, while their participation helps stabilize Solaxy’s liquidity.
With $17.6 million raised, investors are locking in allocations ahead of potential exchange listings. Given Solaxy’s role in scaling Solana, its long-term demand could increase significantly post-launch.
Unlike speculative tokens, $SOLX benefits from an expanding use case, ensuring continued relevance in the ecosystem. Analysts view it as a strategic investment, particularly as Layer-2 adoption accelerates.
The presale follows a tiered pricing model, where the token’s value increases at each phase. Investors buying $SOLX now at $0.001624 per token are securing a rate that will rise in the next stage.
How to Buy $SOLX & Stay Connected
Buying $SOLX is straightforward via the Solaxy presale dashboard, with payments accepted in ETH, USDT, or Solana. Best Wallet users can also purchase directly through the app, which is available on app stores for easy access.
Join Solaxy’s X and Telegram communities to stay updated on news and discussions.
Visite Solaxy Presale
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