Solaxy ($SOLX), Solana’s ($SOL) first layer-2 chain, has now reached almost $38 million in presale funding, with simply 28 days remaining earlier than the sale formally ends. Tokens are presently priced at $0.001728, locked in for the ultimate stretch of the presale.
Solaxy’s recent capital surge comes as Solana’s base layer outpaces Ethereum’s ($ETH) layer-2 stack – together with Base, Arbitrum, and Optimism – now boasting over $9 billion in complete worth locked (TVL).
However that’s only one sign. Previously 24 hours alone, Solana generated $18 million in charges. Over the past 60 days, staking exercise has additionally accelerated, with over $65 billion value of $SOL now staked, signaling long-term confidence and deepening community safety.
These metrics are bullish for $SOL’s worth – however additionally they stress-test the chain’s capability. And when demand spikes, Solana’s scalability limits have a historical past of displaying.
That’s why having a devoted layer-2 like Solaxy issues now greater than ever. Designed to soak up heavy visitors and lengthen throughput, Solaxy is poised to play a central function in Solana’s subsequent development part – not simply protecting the chain steady, however serving to it scale with demand.
28 Days Stay
In simply 28 days, the Solaxy pre-sale will finish, however that’s not all.
Saying for the primary time is Solaxy’s Igniter Protocol, the place $SOLX holders will be capable of create and launch their very personal Tokens.
That is only the start of $SOLX domination.… pic.twitter.com/3990nDdRWu— SOLAXY (@SOLAXYTOKEN) Could 19, 2025
Solana Is Smashing DeFi Rankings – However Can It Deal with What Comes Subsequent?
Solana is swinging a wrecking ball via the present hierarchy of decentralized finance. The most recent exercise on the community is a transparent sign that it means enterprise.
As talked about, its TVL has now surpassed not simply Base, Arbitrum, and Optimism, however even Binance Good Chain ($BSC), which presently holds simply $6 billion.
Solana’s development has been so speedy that its 30-day TVL change is 32.2% – even edging out Ethereum’s 30% over the identical interval.

Over the previous month, Solana’s price income has additionally surged by 56.68%, pushed primarily by two dApps: decentralized alternate Axiom and meme coin launchpad Pump.enjoyable. And that momentum extends past TVL and charges.
Solana’s stablecoin provide peaked at $13 billion in early Could – a significant liquidity enhance that underscores simply how deep the ecosystem is getting.
Supply: https://defillama.com/stablecoins/Solana
However with explosive development comes rising pains.
Rising exercise has traditionally led to congestion and even community outages. And with establishments like VanEck, 21Shares, Bitwise, and Canary Capital now submitting Solana ETF merchandise, the subsequent wave of utilization may very well be unprecedented.
That’s why a rising phase of the Solana neighborhood is trying forward – and turning to its first-ever layer-2 answer: Solaxy.
And why is its presale closing in on $38 million? As a result of increasingly crypto fanatics are betting that Solaxy would be the scalability layer Solana wants to remain dependable when the subsequent visitors surge arrives.
Why Solana Wants Backup Infrastructure Earlier than the Subsequent Surge
What savvy buyers perceive is that this: hovering community exercise is nice for $SOL’s worth, however provided that the chain can truly deal with it. And that’s been Solana’s Achilles’ heel.
For all its pace and low charges, Solana has a historical past of buckling beneath strain. Extra visitors typically means extra congestion, and at worst, full-on outages. That’s hundreds of thousands in misplaced transactions, validator revenue, and dApp income – gone in hours.
This can be a massive cause Solana hasn’t but claimed the DeFi crown. Irrespective of how promising the metrics look, reliability stays its most vital bottleneck.
And but, components of the Solana neighborhood nonetheless resist the concept of a layer-2. They see Solana’s monolithic design as self-sufficient. However the previous tells a special story. Every development wave has uncovered the identical vulnerabilities.
That’s why builders started constructing Solaxy – a scaling layer designed to not sidestep Solana’s points, however as an alternative to strengthen its basis.
Solaxy processes transactions off-chain and settles them on to Solana’s mainnet, very similar to Arbitrum or Optimism do for Ethereum. However not like these options, it doesn’t sacrifice pace. The truth is, Solaxy runs on the similar velocity as Solana, with the added capability to deal with visitors spikes with out compromising finality or safety.
It’s a parallel infrastructure constructed to maintain the engine operating easily when the strain hits.
For buyers watching Solana’s numbers soar, that’s the lacking piece – the layer that ensures the expansion doesn’t outpace the chain.
Solaxy’s Reside Bridge Brings Solana Nearer to Modular, Cross-Chain Scaling
On Could 15, Solaxy’s Testnet Bridge went stay and related to the Solana Devnet, clearly demonstrating that its expertise is already working in observe.
Solaxy Testnet Bridge is LIVE!
Now you can bridge native SOL between Solana Devnet and Solaxy Testnet at https://t.co/BFMV1G9v4c
Constructed with Hyperlane, this is step one towards full cross-chain interoperability.
Ethereum bridging is coming for mainnet — keep… pic.twitter.com/8NVoPaqaoV— SOLAXY (@SOLAXYTOKEN) Could 15, 2025
Inbuilt collaboration with Hyperlane, a number one permissionless interoperability protocol, the bridge allows native SOL transfers utilizing a validator-driven structure designed to reflect production-grade requirements.
Hyperlane presently connects over 150 blockchains and has facilitated greater than $5 billion in bridged worth, making it one of the trusted groups in cross-chain infrastructure.
The system is tuned to match Solana layer-1 conduct, delivering a quick, safe, and native-feeling expertise throughout chains. With mainnet assist for Ethereum on the way in which, the bridge marks a significant interoperability milestone, positioning Solaxy as a modular hub for seamless, multichain interplay.
In a world the place cross-chain compatibility is turning into important, this tooling will assist Solana keep related, aggressive, and future-ready.
28 Days Left: Your Final Probability to Get in Earlier than Solaxy Goes Reside
Solaxy isn’t only a idea – it’s already in movement. However for these nonetheless watching from the sidelines, the window to get in early is closing quick.
As talked about, the staff has confirmed that the presale will formally finish in 28 days. That confirms that Solaxy now has greater than sufficient funding to activate Solana’s first operational layer-2.
There’s nonetheless time to safe $SOLX at a considerably lower cost and front-run what might turn out to be the muse of a brand new ecosystem for Solana – DeFi’s most scalable chain.
To affix earlier than the presale ends, head to the Solaxy web site and join a supported pockets.
Newly acquired $SOLX tokens may be staked straight away, incomes a dynamic 107% APY that adjusts based mostly on pool exercise and complete participation.
For the smoothest expertise, use Finest Pockets – the really helpful self-custody possibility with full visibility in your $SOLX allocations and seamless multichain assist.
Comply with Solaxy on Telegram and X for the newest updates.
The submit Solana Outpaces Ethereum Layer-2s – Solaxy’s $38M Presale Might Flip Them Subsequent, Proclaims Final 28 Days appeared first on Cryptonews.