In just over a month since launching its presale, Solaxy ($SOLX) has already raised $10 million from early buyers.
Being Solana’s first-ever Layer-2, this project has effectively addressed some of Solana’s main problems to offer a smoother user experience.
Its early momentum suggests that an exchange listing could be on the horizon. Those who missed out on Solana ($SOL) when it was new now have a second shot with $SOLX.
Early buyers now have a limited window to buy $SOLX for just $0.0016 at the time of writing. This price will increase in the next presale stage in under 48 hours.
Solving Solana’s Issues – How Solaxy Works
Solaxy is a full-fledged Layer-2 solution designed to handle large-scale trading—potentially even outpacing proposed Lattice-based hashing systems. However, it isn’t merely a patch for Solana’s occasional congestion.
By bundling transactions more efficiently, Solaxy could expand Solana’s capacity far beyond its current limits without sacrificing speed.
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$SOLX is available on Ethereum, bridging two major ecosystems and funneling liquidity into Solana’s network.
These factors support $SOLX in seeing explosive returns once it hits major exchanges and becomes easier to buy.
Jacob Bury, an analyst from the popular 99Bitcoins YouTube Channel, recently told his 721k-strong audience that Solaxy could potentially deliver 10x gains.
In fact, Solana’s journey from just $0.50 five years ago to around $189 today is worth remembering. Solaxy could repeat or come close to that story for a new generation of investors.
Solaxy’s layer-2 could lead to new DeFi projects, meme coins, and advanced apps that can maximize the Layer-1 chain’s potential. The initial momentum of the $SOLX presale shows investors expect another milestone soon, similar to Solana’s early days.
How Solana’s Momentum Could Fuel $SOLX
Solana itself is showing no signs of slowing down. Despite volatile market conditions, it retains the second-highest total value locked (TVL) in DeFi at over $8.5 billion. It is only behind Ethereum.
Some experts believe Solana could even see a 10x move this year. That’s due to the possibility of a Solana-based U.S. ETF and the launch of new Sol-based meme coin projects—two catalysts that historically drive demand.
Layer-2 tokens typically move in close sync with their Layer-1 counterparts. For instance, Polygon MATIC and Arbitrum have a history of correlating highly with $ETH’s price. If Solana sees renewed growth, $SOLX would likely ride that wave and give exponential returns to its early supporters.
With Solaxy easily surpassing $10 million, the project’s next big milestone of $11 million doesn’t seem out of reach.
2025’s Meme Coin Supercycle Could Drive Gains for Solaxy
The meme coin market has seen massive growth, from roughly $20 billion in January last year to about $120 billion by December 2024.
Although the meme coin market has been down for much of this year, many new meme coins have already delivered huge returns. Tokens like Pudgy Penguins and SPX6900 saw double-digit gains in just two weeks.
Historically, Solana has benefited immensely from meme coin rallies as it sees a massive spike in its on-chain activity. Yet the network still faces congestion at peak times, leading to partial outages or lagging transactions.
That’s where Solaxy can be the go-to “off-ramp” for excess traffic and a foundational layer for high-volume trading.
https://twitter.com/SOLAXYTOKEN/status/1878701082378936341
With $SOLX as the main currency of this new Layer-2 ecosystem, it’s easy to see why analysts like ClayBro and Jacob Bury have forecast a 10x gain after its exchange listing.
This forecast might even be conservative because top Layer-2 tokens like Arbitrum have already surpassed $1 billion market caps, showing how rapidly these projects can scale once they get mainstream attention.
How to Join the $SOLX Presale
Simply visit Solaxy’s official website to buy $SOLX. Then, connect your crypto wallet (e.g., Best Wallet) to the website’s presale interface.
Complete the transaction using ETH or other compatible currencies via your wallet. Best Wallet also offers the opportunity to purchase tokens directly within its app.
You can also stake your $SOLX tokens for a high staking reward of around 340% at press time.
Next-gen wallets like Best Wallet already have Solaxy listed in their “Upcoming Tokens” section, where you can directly buy $SOLX in-app.
Best Wallet has a track record for highlighting winners like Pepe Unchained ($PEPU) and Catslap ($SLAP), both of which rewarded early buyers with 100x gains. This time, it’s pointing to Solaxy as the next potential gem.
Follow Solaxy’s social channels on X and Telegram for real-time updates and news.
Visit Solaxy Presale
Source: https://www.thecoinrepublic.com/2025/01/15/solaxy-presale-smashes-10m-milestone-analyst-predicts-explosive-gains/