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Solaxy (SOLX) has recently crossed a significant milestone, passing the $46 million mark in its presale with only six days remaining before it ends. This achievement shows the undeniable investor confidence and excitement surrounding the project.
As the first-ever Layer-2 blockchain built on Solana, Solaxy aims to provide a scaling solution that ensures users never experience stalled or failed transactions, even during periods of high network usage.
In an environment where Bitcoin trades around all-time highs and prepares for a breakout, early participation in a presale like Solaxy could offer generous returns.
Solana’s Scaling Future Starts With Solaxy
While Solana has become known for its speed and low fees, it has suffered from congestion issues in the past, resulting in failed transactions that cost users time and money.
Solaxy is creating the first-ever Layer-2 scaling solution for Solana, designed to address network congestion. To achieve this, the L2 blockchain processes transactions on its chain, bundles them into one transaction batch, and returns it for settlement on the Solana mainnet.
The latest dev update confirmed that the Solaxy testnet is officially live – this is a massive milestone for the project, as it enables users to start testing Solaxy’s infrastructure and features in real time.
Developers and users who want to experiment can connect via Backpack Wallet using the dedicated RPC URL. Additionally, they can bridge SOL from Solana Devnet to the Solaxy testnet using the project’s bridge and monitor transactions via the block explorer. With the testnet release, smart contract deployment using Solana’s native toolchain is already available.
The team has recently announced that they are building Igniter Protocol, a decentralized exchange and a token launch platform. The DEX will give instant liquidity to Igniter tokens that complete their bonding curve. The move positions Igniter Protocol as a potential challenger to Pump.fun in the growing market for token launches.
Taken together, this infrastructure unlocks the potential for everything from meme coin markets to high-throughput DeFi apps.
SOLX: The Token Powering a Multi-Chain DeFi Future
The SOLX token is the fuel behind the Solaxy ecosystem. As a native asset across Ethereum and Solana, SOLX is designed to integrate the best of both worlds – Ethereum’s liquidity and Solana’s low cost and high speed.
Whether you’re active on Solana or prefer Ethereum’s protocols, SOLX is built to connect these markets into a single unified experience.
Another major draw for early participants is Solaxy’s staking mechanism that offers a dynamic APY of 87%. This is an attractive incentive for those looking to hold the token long-term.
For those considering an entry point, the clock is ticking. The presale will end within seven days, after which SOLX will be listed on exchanges. After that, the token price will be determined by market supply and demand dynamics.
Popular crypto analysis YouTube channel Cryptonews believes that Solaxy is the next 100x meme coin that could explode soon.
Secure Your SOLX Before the Presale Ends
The window to get in early is closing. Solaxy’s presale has already raised over $46 million, reflecting strong interest from across the crypto space. With just six days left, investors who want to secure their SOLX position at discounted prices will have to hurry.
Users can participate in the presale via the official Solaxy presale website, with the token being available for purchase using SOL, ETH, BNB, USDT, or bank cards. Token claiming will be accessible shortly after the presale ends.
With a live testnet, working bridge and block explorer, planned DEX, and a token launch platform, Solaxy is already ahead of many projects that haven’t left the whitepaper stage – and with its presale being one of the largest on the market, Solaxy is certainly a must-watch project.
