Emma Nelson 
Solaxy ($SOLX) has successfully exceeded $20 million in its token presale as it pioneers the first-ever Solana Layer 2 blockchain.
The project aims to enhance user interaction with Solana by introducing an alternative transaction layer that offers lower fees, faster speeds, and improved reliability compared to the Solana main chain.
At the heart of the ecosystem, $SOLX will be used for gas fees, liquidity pool trading, and staking, making it a critical component of the network. This essential utility is fueling high investor demand for the presale.
Currently, $SOLX is available at a presale price of $0.001632, but the price will continue to rise throughout the Solaxy ICO. Investors looking for maximum value should consider acting quickly before the next price increase.
Solaxy
Solaxy overcomes bottlenecks on Solana
Solana boasts high scalability, processing up to 6,500 transactions per second (TPS). However, during peak activity—such as sudden price surges or the launch of new tokens like Donald Trump’s OFFICIAL TRUMP—this capacity becomes insufficient.
Network congestion leads to longer wait times and even failed transactions. To address this, Solaxy introduces its Layer 2 blockchain as a solution.
By utilizing off-chain computation and transaction bundling technology, Solaxy will offload some of Solana’s transaction load, significantly increasing TPS and eliminating congestion issues permanently.
This marks a groundbreaking achievement, as no one has attempted it before. The team is developing truly innovative technology, pushing the boundaries of blockchain scalability. While the challenge is complex, they are making remarkable progress.
Recently, the Solaxy development team announced a major milestone—successfully integrating the Solana Virtual Machine (SVM) into their roll-up solution. This ensures seamless synchronization between Solaxy’s Layer 2 blockchain and Solana’s main chain, reinforcing network efficiency and compatibility.
Solaxy’s unique scaling solution for Solana has garnered significant attention from leading crypto analysts. Recently, Umar Khan from 99Bitcoins suggested in a video that $SOLX has the potential to increase 100x once its presale ends.
Solaxy Expands Bandwidth for the World’s Most Vibrant Blockchain
Solaxy Presale has outpaced all other blockchains in daily active users, with 5.4 million people utilizing blockchain data applications via Token Terminal in the past 24 hours.
Meanwhile, DeFiLlama data reveals that Solana leads in transaction volume, processing $267 billion in crypto transactions over the last 31 days. In comparison, BSC ranks second, with a total volume of $98 billion.
With Solaxy’s support, Solana is poised for greater adoption, unlocking new use cases and increasing liquidity flow across its ecosystem.
Solana has led the blockchain space for over a year, but to maintain its competitive edge, it aims to stay ahead of rivals like BSC, Tron, and Ethereum, ensuring its position as a top-tier blockchain for the future.
$SOLX Connects Solana and Ethereum with Cross-Chain Compatibility
One of $SOLX’s unique advantages is its ability to be purchased on both the Solana and Ethereum blockchains.
Currently, aside from SOL, the top three Solana-based tokens by market cap are:
- OFFICIAL TRUMP – $3 billion
- Render – $2.2 billion
- Jupiter – $2.1 billion
For comparison, the top three Ethereum-based tokens are:
- BNB – $94 billion
- Chainlink – $11.8 billion
- Shiba Inu – $9.3 billion
While Solana processes more on-chain activity than Ethereum, Ethereum boasts much deeper liquidity pools.
This is precisely why Solaxy is strategically positioned at the intersection of both chains. By alleviating congestion on crypto’s hottest blockchain (Solana) while also attracting capital from Ethereum’s high-net-worth traders, Solaxy stands to benefit from both ecosystems.
This strategic setup could drive significant growth, potentially fulfilling Umar Khan’s 100x price prediction for $SOLX.
Solaxy offers up to 204% staking APY during the presale.
Staking is already live, currently offering an APY of 204%. However, this rate will gradually decrease as the staking pool expands.
Investors who purchase $SOLX within the next 21 hours (from the time of reporting) can still secure the discounted presale price of $0.001632. However, once the countdown reaches zero, the price will increase.
Stay updated on the latest Solaxy news and developments by following their X account or joining their Telegram channel.
