Solaxy (SOLX) is gaining momentum in the crypto landscape, having raised $31.8 million in its presale. The project is building a layer-2 solution to alleviate traffic issues on Solana and improve transaction speeds. With a current price of $0.001706, it offers a strong reward system for early investors and plans a significant rollout soon after its presale concludes.
In the fast-evolving world of cryptocurrency, Solaxy (SOLX) is turning heads, having raised a stunning $31.8 million during its presale. This new entrant seems to build on Solana’s framework, appealing to investors looking for the next big opportunity in the market. With clear development promises and a robust roadmap, it could be one to watch for those interested in meme coin investments.
Solaxy aims to address the congestion issues seen during the launch of the TRUMP meme coin on Solana earlier this year, which sent transaction costs soaring and frustrated users. By introducing a Layer-2 solution, Solaxy seeks to alleviate those problems, maintaining Solana’s status as a leading platform for meme tokens and boosting its value moving forward. They’ve already launched a trial version of their layer-2 explorer, allowing users to track transactions in real-time.
The project kicked off its test network on April 19, processing a remarkable one million transactions. It began with merely 16 transactions per second (TPS), but the team now targets a lofty goal of 10,000 TPS. For context, Solana currently operates around 6,500 TPS. By incorporating roll-up technology, Solaxy enhances its transaction speed while retaining compatibility with Solana’s virtual machine. This could alleviate delays and failed transactions that generally occur during high user demand.
One of the highlights of Solaxy is its functionality, designed to keep operations smooth even in busy periods. The team is also developing a bridge to facilitate easier transfers of tokens between Solana and Solaxy with just one wallet, which should make cross-chain activities less cumbersome. With Solana attracting over 80 million users recently, the new bridge could undoubtedly draw a significant number of these users seeking faster and more cost-effective transactions. Additionally, an integrated developer environment is in the works, empowering developers to create apps directly on Solaxy.
Investors are noticing the potential; Solaxy could lay the groundwork for applications like AI trading bots and real-world micropayments. With all this buzz, $SOLX is being pegged as a project ripe for massive gains, potentially offering returns of up to 100 times once it hits exchanges.
Smart money is quickly flowing into Solaxy’s presale, which is already considered one of 2025’s significant opportunities, having amassed over $31.8 million. The presale operates in stages, with the price gradually increasing with each new phase. At the moment, $SOLX is priced at $0.001706, but it’s poised to rise in less than 30 hours as the next stage kicks in. Buyers can easily purchase using USDT, SOL, ETH, BNB, USDC, or a card.
A standout feature is its attractive reward system, luring investors to jump in quickly to secure their stakes. Solaxy allocates 25% of the total token supply to early backers, enhancing the appeal for early investors who typically witness significant returns in the crypto space. Staking is also on the table; more than 9 billion $SOLX tokens have already been staked with a whopping 127% annual percentage yield distributed over the next three years.
Post-presale, the team plans to allocate 30% of the supply towards continuous innovation, while 10% will go into listing $SOLX on various top tier DEXs and CEXs to ensure liquidity. Moreover, 15% will be dedicated to marketing initiatives to broaden the project’s visibility, and another 20% is earmarked for building the project treasury, ensuring financial stability for Solaxy’s future.
Once the presale concludes, investors will have the option to transfer $SOLX tokens to Layer-2 networks, which will coincide with the launch on major DEXs and CEXs. This strategic approach should facilitate easier trading and wider adoption of $SOLX. It’s certainly a project to watch carefully!
