Solaxy ($SOLX) Token Presale Nears $26M Raised as Its Price Explodes

Cryptocurrency traders are pleased as Bitcoin reclaims the $80K range today, but one project that stands out is Solaxy ($SOLX).

Crypto traders are pleased as Bitcoin reclaims the $80K range today, but one project that stands out is Solaxy ($SOLX). It’s showing considerable strength as its ongoing token presale nears the $26 million total raised milestone.

The project is raising funds to build the world’s first Solana layer 2 blockchain to make the network more scalable and user-friendly.

With a use case that could revolutionize one of the world’s most popular blockchains, experts believe Solaxy is set for substantial price growth, with some saying it could see up to 1,000x gains.

Currently, investors can buy $SOLX at its ground floor presale price of $0.00166, but this will rise throughout the ICO. The next increase will occur in under one day.

Solalany and its ecosystem provided significant gains throughout 2023 and 2024, and XRP provided 5x gains in December 2024. But looking ahead, experts are not focused on $SOL or $XRP for the biggest gains – they’re looking at Solaxy.

As a brand new project that remains in its infancy, investors can secure the lowest price and, by extension, the most upside potential on $SOLX right now. Jacob Bury forecasts it could 10x in the coming months, while Miles G says it has 100x potential, and analysts from Cryptonews even say it could 1,000x.

Cryptonews analyst Crypto Chester called Solaxy a “very interesting project” and noted that its token presale is “absolutely exploding.”

Another advantage for investors who buy $SOLX in the presale is the current high staking rewards. Stakers can earn a 158% APY, but this will decrease as the staking pool grows.

So far, a whopping 4.7 billion $SOLX has been staked, illustrating strong market appeal.

The Solalana blockchain is well-known for its high scalability. It can process up to 6,500 transactions per second and frequently accommodates more daily active users than any other network.

However, even Solana has its limits. In times of peak activity, such as when a bullish news event appears, Solana validators cannot handle the surge in transaction volume, leading to longer wait times and sometimes failed transactions.

Even if Solana works flawlessly 95% of the time, it’s unable to do its job at the most crucial moments.

One example was when Donald Trump launched his meme coin on the network in January. Phantom wallet reported receiving 8 million requests per second, and many people were unable to complete their trades, which proved costly.

This is precisely the issue that Solaxy is addressing. It ensures that Solana can operate at times it counts most. The project will use transaction bundling and off-chain computation technology to create a more scalable environment.

Users can access Solaxy layer 2 with their Solana wallet, and transactions will be cheaper, faster, and more reliable. This setup positions Solana for further adoption and new use cases. It has the potential to create billions of dollars in value for the ecosystem, which could well translate to $SOLX demand and price growth.

The crypto market is showing strength today after a selloff this week. Bitcoin is leading the way, reclaiming the $80K threshold with a 3.2% pump. It appears that the market is getting back on track and could resume its bullish rally shortly.

But for investors seeking the biggest returns, the Solaxy presale is the way to go. Solaxy’s current early stage solves a pressing issue for the $62 billion Solana and presents an opportunity for investors to get in early.

However, the current price of $0.00166 will end in under one day, and then there will be a price increase. As such, this could be the lowest Solaxy price ever, so prospective investors should not wait to get involved.

You can also rest assured that the project is safe and secure. It has received a smart contract audit from Coinsult, which found no issues with its code.

Stay updated with Solaxy by following its X or joining the Telegram. You can also visit the official website to purchase and stake tokens.