The crypto market could be down this week, however one new venture is doing its personal factor.
Solaxy (SOLX) simply hit the $18 million milestone in its ongoing presale part.
Early traders are buzzing – questioning if SOLX may very well be the following crypto to blow up.
Solaxy’s New Layer-2 Goals to Repair Solana’s Congestion Points
Solaxy’s presale success boils all the way down to a easy thought: making Solana run smoother.
As the primary Layer-2 on Solana, Solaxy strikes transactions off the first community, bundles them collectively, and settles them again on Solana’s blockchain.
It’s like having a system of specific lanes on a busy freeway.
As a substitute of each automobile (or transaction) clogging up the principle highway, Solaxy creates “shortcuts” to ease the load earlier than merging again in.
This technique has labored properly on Ethereum with tasks like Arbitrum and Optimism.
However Solaxy isn’t simply copying these tasks.
The staff can also be constructing a bridge between Solana and Ethereum, permitting customers to benefit from the perks of each platforms.
Plus, with 30% of SOLX tokens put aside for improvement, the staff has the assets to stay to their roadmap.
And if that wasn’t sufficient, early backers can stake their SOLX to earn a formidable 221% APY.
Over 5 billion SOLX tokens are already locked up.
Solaxy’s $18M+ Presale Exhibits Clear Vote of Confidence From Buyers
The numbers behind Solaxy’s presale inform an thrilling story.
Buyers have dedicated over $18 million to this new Layer-2 venture in simply two months.
It’s a transparent vote of confidence in Solaxy’s plan to sort out Solana’s scaling points.
Proper now, SOLX tokens are on supply for $0.001626, however that’s simply the beginning.
The staff has mapped out deliberate worth hikes at every funding milestone, which means those that get in early will obtain the bottom worth.
And this might repay if Solaxy explodes after launch.
Main crypto influencers like ClayBro are actually discussing the venture’s potential.
ClayBro even prompt SOLX may very well be the “greatest Solana token but.”
Provided that tokens like BONK have market caps of over $1 billion, this declare may sound daring – however there’s some reasoning behind it.
One key issue is that Coinsult has already audited Solaxy.
Coinsult’s audit discovered no points with the venture’s good contracts and confirmed it isn’t a honeypot scheme.
Solana’s Momentum Meets Solaxy – The Way forward for Scalable Blockchain Development?
Solana has had a combined begin to 2025.
However with SOL’s worth hovering round $200 – and a few analysts predicting it might double by the tip of the 12 months – there’s rising optimism round Solana’s ecosystem.
Throw within the speak round attainable spot SOL ETF approvals, and the thrill solely grows.
Solana already handles almost half of all DEX quantity, which isn’t any straightforward feat.
Even with the upcoming Firedancer improve set to push speeds to 10,000 transactions per second (TPS), the community may nonetheless wrestle throughout peak instances.
That’s the place Solaxy is available in.
By easing the load on Solana’s mainnet, Solaxy isn’t simply providing a brief repair – it’s constructing for the long run.
Early traders perceive the potential right here, which is why the SOLX presale has been such a success.
SOLX has even made it onto CoinSniper.internet – one of many web’s high crypto score websites.
So, can Solaxy dwell as much as the hype?
Solely time will inform, however with over $18 million already raised, the indicators look promising.
Go to Solaxy Presale
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