Best New Crypto to Buy Now – Crypto Wire Reviews Solaxy, The First Solana Layer 2 Presale

Crypto Wire reviews Solaxy, the first Solana layer 2 (L2) crypto, which recently surpassed the $27 million milestone in its $SOLX token presale. Solaxy aims to revolutionize blockchain technology by enhancing scalability and efficiency within the Solana ecosystem.

Solaxy enhances blockchain efficiency with off-chain transaction processing, reducing congestion by handling transactions externally before finalizing them on Solana’s mainnet. This approach lightens the data load, ensuring smooth performance even during high traffic periods.

To further optimize scalability, Solaxy employs transaction bundling, grouping multiple transactions into batches to cut costs and minimize delays. This method prevents network congestion from causing high fees and slow processing times.

Additionally, the project is developing a modular framework, enabling developers to build customized decentralized applications (dApps) tailored for high-volume sectors like meme coins, decentralized finance (DeFi), and non-fungible tokens (NFTs).

Solaxy is also focused on cross-chain compatibility, working on a direct bridge between Solana and Ethereum. This integration would allow seamless asset transfers, combining Solana’s speed with Ethereum’s liquidity.

Source – Crypto Wire on YouTube

Early Investors Flock to Solaxy as $SOLX Presale Heats Up – Here’s Why

One of the major highlights of Solaxy is its staking rewards, which currently offer an impressive 150% annual percentage yield (APY). This staking mechanism allows participants to maximize their holdings even before the token goes live on exchanges.

The project has already secured over $27.2 million in funding, highlighting strong investor interest and positioning it as one of the best new cryptos to buy now. As with many presales, the price of $SOLX increases with each phase, incentivizing early participation.

Currently, one $SOLX token is price at $0.00167, with expectations that the value will continue to rise leading up to the token generation event (TGE). For those looking to participate in the presale, Solaxy offers multiple payment options, including crypto and bank cards.

However, all buyers must connect a compatible crypto wallet to claim their tokens upon launch. We recommend Best Wallet, a free and highly secure option supporting over 60 blockchains. Its built-in fiat-to-crypto onramp makes buying Solaxy much easier.

Beyond the presale, the development team remains active, regularly updating the community with progress reports. Currently, Solaxy is actively enhancing its ecosystem with several key developments.

Efforts are underway to improve wallet support by collaborating with major providers, ensuring a seamless experience for non-technical users. The team is also expanding its token launchpad by partnering with leading platforms to facilitate smooth project deployments on the network.

Infrastructure optimization remains a priority, with ongoing benchmarking aimed at reducing latency, increasing transaction throughput, lowering fees, and improving on-chain data storage efficiency on Solana Layer 1.

Additionally, Solaxy is developing a dedicated bridge UI using Hyperlane’s repository to enable cross-chain transfers between Solana, Ethereum, Base, and Solaxy, with future accessibility planned through Hyperlane’s official interface.

Solaxy’s Roadmap and Tokenomics – What to Expect from $SOLX’s Launch

Solaxy also boasts a well-structured tokenomics model, allocating 20% of supply to the treasury, 15% to marketing, 25% to rewards, 10% for exchange listings, and 30% for development. Solaxy’s roadmap unfolds into three key phases.

The foundation phase focuses on launching the $SOLX presale, introducing staking incentives for early participants, and building a strong community through targeted outreach.

The expansion phase includes the TGE, listings on both centralized and decentralized exchanges (CEX/DEX) to enhance accessibility, and initiatives to encourage active community participation.

Finally, the deployment phase marks the full rollout of Solaxy’s L2 blockchain, onboarding high-transaction dApps, enabling multi-chain integrations, and implementing advanced scalability features to optimize performance.

As the presale nears its conclusion, many investors are eager to know when $SOLX will officially launch on crypto exchanges. While no exact date has been provided, the token generation event will coincide with these listings, allowing buyers to finally claim and trade their tokens.

With its strategic focus on scalability, staking rewards, and multi-chain capabilities, Solaxy is positioning itself as a strong contender in the expanding blockchain sector.

Whether it will meet the high expectations set by its presale success remains to be seen, but for now, the project continues to attract significant attention from the crypto community. To take part in the $SOLX token presale, visit solaxy.io.