Best Crypto to Buy as Crypto Summit Boosts Solana – Solaxy (SOLX)

As the crypto summit fuels Solana’s growth, Solaxy (SOLX) emerges as a top cryptocurrency investment, reflecting prevailing market trends.

The cryptocurrency market is currently experiencing significant volatility, a trend that has persisted over the past several months.

This volatility is driven by a confluence of factors, including recent election-related market swings, discussions surrounding a cryptocurrency reserve, and the ongoing cryptocurrency summit.

The summit, taking place today, has sparked debate about its potential impact, particularly regarding the United States government’s involvement in crypto-related discussions.

Some view this involvement as a positive step towards legitimacy and institutional adoption, while others remain wary of regulatory implications.

A key focus of the summit is fostering innovation and establishing a clear regulatory framework, which could boost investor confidence and encourage broader adoption.

Notably, the summit includes a roundtable with executives from leading platforms such as Kraken, Coinbase, and Robinhood, alongside figures from various blockchain projects.

Recent market movements also stem from sharp gains followed by profit-taking, and discussions around cryptocurrency reserve accumulation. Recently, a strategic Bitcoin reserve was announced, listing Bitcoin, Ethereum, Cardano, XRP, and Solana as core assets.

Source – ClayBro on YouTube

This has generated both praise and criticism, with some seeing it as a legitimizing step and others questioning its necessity. Solana’s inclusion has drawn particular attention to its Layer 2 projects, especially Solaxy (SOLX).

Solaxy (SOLX) Presale Hits $25.5M – Strong Staking Rewards and DEX Listing Ahead

Solaxy’s presale has quickly become one of the biggest crypto stories of early 2025, bringing in over $25.5 million. Since launching in mid-December, it has consistently reached new milestones, with $SOLX tokens now priced at $0.001658.

That marks a 50% rise from the initial price. Early investors can purchase $SOLX using crypto or a credit/debit card. The Best Wallet mobile app also offers a simple way for smartphone users to buy $SOLX.

A major highlight is the staking program, which currently provides a massive 160% APY during the presale phase. As more investors participate, these rates gradually decrease, but they have already locked up a large portion of the $SOLX supply—encouraging long-term holding.

Solaxy’s presence on social media is also gaining traction. Its Telegram channel now has over 8,900 members, while its X (Twitter) following has grown to 69,300. This increasing support could fuel demand when $SOLX launches.

The team has already outlined plans to list $SOLX on a DEX shortly after the presale ends, with 10% of the supply reserved for liquidity. On the security front, Coinsult conducted an audit of the project and found no major issues.

Solaxy (SOLX): The Next Big Layer-2 Coin Powering Solana’s Growth

Solana, known for its high throughput and low transaction costs, has become a hub for meme coins. However, this popularity has led to network congestion.

During periods of intense activity, many Solana transactions fail, and similar issues emerge after high-profile events, even with network upgrades.

This growing problem increases the demand for Layer-2 solutions within the Solana ecosystem, and Solaxy (SOLX) is taking action to address it. Solaxy’s Layer-2 architecture uses advanced technologies to reduce congestion.

By bundling transactions off-chain and publishing state changes on the mainnet, Solaxy delivers low-latency transactions, lower user fees, and optimized data storage, aiming for zero downtime.

Solaxy is also developing a multi-chain bridge for seamless cross-chain transfers between major blockchains. The team is working on user accessibility by partnering with major crypto wallets and supporting token launches on the platform.

Layer-2 coins have shown mixed performance in the current market, but top Bitcoin and Ethereum L2s hold strong valuations and are expected to perform well in the next market cycle.

This potential, combined with Solaxy’s strong early performance and its ability to resolve Solana’s congestion issues, has led experts to consider $SOLX undervalued.

Analysts and influencers predict major returns. As Solana regains interest and network congestion increases, Solaxy could be the key to maintaining stability, potentially pushing Solana to new all-time highs. To take part in the $SOLX token presale visit solaxy.io.