Solaxy ($SOLX), Solana’s first-ever Layer-2 scaling solution, has reached an impressive milestone: its presale brought in over $17.3 million.
This surge speaks volumes about the growing excitement surrounding Solaxy and its potential to tackle Solana’s long-standing scalability challenges.
Interestingly, this presale boom comes as Solana’s meme coin launchpad, Pump.fun, recorded a jaw-dropping $3.3 billion in weekly trading volume. The frenzy was fueled by a wave of Trump-themed meme coins launched after the U.S. presidential election, which led to serious network congestion across Solana.
https://x.com/SOLAXYTOKEN/status/1885734654910882185
Why Solaxy Could Be a Game-Changer for Solana
With Solana struggling to keep up during peak network activity, investors are betting big on Solaxy. So, what’s the hype about? Solaxy processes transactions off the main Layer-1 chain, easing congestion, cutting down transaction fees, and speeding up processing times. In short, it’s designed to make Solana more efficient, especially when traffic spikes.
Currently, $SOLX is priced at $0.001622 per token. But heads up—the price is set to rise in less than a day. Over 4.97 billion $SOLX tokens are already staked, offering impressive annual staking rewards of 231%. That’s a solid passive income opportunity if you’re looking to maximize returns.
Tackling Solana’s Growing Pains
The recent meme coin mania exposed Solana’s Achilles’ heel: network congestion. With over 6,800 Trump-related tokens flooding the ecosystem (many with sketchy intentions), transaction fees skyrocketed, generating $25 million for validators. But for users, it was a headache—slow transactions, higher costs, and plenty of frustration.
That’s where Solaxy steps in. By offloading transactions from Solana’s main chain, it reduces the strain, making the network faster and more reliable. This isn’t just a patch; it’s a long-term fix that could help Solana compete more effectively with giants like Ethereum in the DeFi space.
$SOLX: More Than Just Another Token
Let’s talk potential. Solaxy isn’t just another project—it’s poised to be a cornerstone of Solana’s growth. Consider this: five years ago, $SOL was trading at just $0.50. Fast forward to today, and it’s sitting at $209. That’s a mind-blowing 45,5% return. Imagine turning a $1,000 investment into $455,000.
While past performance doesn’t guarantee future results, early $SOLX investors hope to ride a similar wave. With Solaxy positioned to solve real problems, the growth potential is hard to ignore.
How to Get In on the Solaxy Presale
Ready to dive in? Joining the Solaxy presale is simple. Head over to the official website, connect your wallet (Best Wallet is a great choice), and you’re good to go. Best Wallet’s multi-chain compatibility makes it super easy to purchase $SOLX on both Ethereum and Solana networks.
Don’t Miss Out – Secure Your $SOLX Tokens Before the Price Increase!
- Time Until Next Price Increase: Less than a day
- USDT Raised: $17,306,226.55 / $17,594,367
- Current Price: $0.001622 per $SOLX
- Total Staked: 4,970,987,253 $SOLX
- Estimated Rewards: 231% annually
Join the conversation on Solaxy’s official X and Telegram channels to stay updated.
Visit Solaxy Presale
This article is sponsored content. All information is provided by the sponsor and Brave New Coin (BNC) does not endorse or assume responsibility for the content presented, which is not part of BNC’s editorial. Investing in crypto assets involves significant risk, including the potential loss of principal, and readers are strongly encouraged to conduct their own due diligence before engaging with any company or product mentioned. Brave New Coin disclaims any liability for any damages or losses arising from reliance on the content provided in this article.
Source: https://bravenewcoin.com/sponsored/presale/new-cryptocurrency-solaxy-skyrockets-to-17-3m-in-presale-for-first-solana-layer-2