The crypto market is back in the green – and one project is taking advantage of the renewed enthusiasm.
Solaxy (SOLX) just passed the $30 million mark in its ICO phase.
It has the meme energy that retail traders love, but with real Solana Layer-2 utility baked in, making it one of the year’s hottest pre-launch projects.
Why Solaxy Could Be the Upgrade Solana’s Been Waiting For
What is Solaxy, and why are so many traders getting involved?
In short, it’s the first Layer-2 solution built just for Solana – a kind of “upgrade” designed to fix the network’s issues.
Solana is fast and cheap, but when traffic spikes – like during the TRUMP and MELANIA meme coin drops – it can become overwhelmed.
Transactions fail, fees rise, and the whole user experience suffers.
That’s where Solaxy comes in.
Instead of completing every transaction on the mainnet, Solaxy processes them off-chain and then batches them up (using rollups) before sending them back for confirmation.
It lightens the load, speeds things up, and keeps everything cheaper.
Solaxy’s overall goal is to make Solana more scalable and reliable, especially as the network grows in 2025.
And with another meme coin frenzy likely to arrive at some point, a Layer-2 fix like this might be critical.
Members of the project’s Telegram channel seem to think so, with many expecting the native SOLX token to rally post-listing.
$30 Million and Climbing – SOLX Token Presale Gathers Pace
The presale numbers speak for themselves – Solaxy has already raised $30 million.
With over $100,000 pouring in daily, there’s clearly a lot of excitement (and capital) behind the project.
That kind of backing gives the team serious firepower to expand the network, build partnerships, and hit the ground running after the ICO ends.
Right now, SOLX tokens are priced at $0.001694, but that won’t last long.
The price increases every few days as new funding milestones are hit, which is why many investors are choosing to get involved sooner rather than later.
Investors can buy in using crypto, a bank card, or directly through the Best Wallet mobile app – making the process as simple as possible.
Plus, investors don’t need to wait for the DEX listing to put their tokens to work.
SOLX staking is already live, offering an estimated APY of 134%.
And with influencers like ClayBro saying it could be the “biggest Layer-2 blockchain” of the year, the hype is real.
Why Some Traders Think Solaxy Could Explode in 2025
The future looks bright for Solaxy and the SOLX token.
If Solana’s DeFi and meme coin sectors bounce back, developers will be looking for smoother, faster alternatives to build on.
Solaxy’s Layer-2 could be that option, especially with its modular tools for launching dApps.
If even a tiny slice of Solana’s $7 billion meme coin market moves to Solaxy, that’s a big win.
Then there’s the planned cross-chain bridge.
If Solaxy’s team successfully completes this, it could allow Ethereum-based devs to tap into Solana’s speed without leaving the former’s liquidity behind.
That kind of synergy could grow the Solaxy ecosystem massively.
In a best-case scenario, Solana’s price surges back to January’s highs, and Solaxy becomes a key infrastructure layer.
As Solaxy grows, it’s likely that demand for SOLX will also ramp up – boosting its price over time.
That’s why sites like ICOBench.com have put the token near the top of their lists.
Execution is key, but with over $30 million raised and a growing X (Twitter) community, Solaxy has the foundation for success.