Solaxy (SOLX), the first Layer-2 solution on Solana tailored for the meme coin market, has achieved a major milestone by raising $5.4 million in its presale.
Launched on December 14, 2024, the presale’s rapid success showcases the community’s confidence in Solaxy’s potential to solve critical blockchain challenges.
Record-Breaking Presale
The SOLX presale’s pace has been remarkable:
- $1M Raised in 3 Days: Within the first three days, the presale reached $1 million.
- $4M in 7 Days: Just four days later, funds crossed $4 million.
- $5.4M in 12 Days: The total now stands at $5.4 million, and it’s expected to rise further as the presale continues into 2025.
Investors can currently buy SOLX tokens at $0.00158, with prices set to increase gradually throughout the presale. Early adopters benefit from staking opportunities offering a 708% APY, with over 1.6 billion SOLX tokens already staked.
What Sets Solaxy Apart?
Solaxy is more than just another cryptocurrency; it’s an innovative Layer-2 solution addressing one of Solana’s biggest challenges: network congestion.
Tackling Network Congestion
Solaxy’s Layer-2 technology enhances Solana’s capabilities without compromising its core functions. By processing transactions off-chain and maintaining compatibility with Solana, Solaxy ensures:
- Seamless Operations: Even during peak network traffic.
- Faster Transactions: While maintaining Solana’s affordability.
This approach is particularly crucial for the meme coin sector, which generates massive transaction volumes on Solana.
Bridging Solana and Ethereum
Solaxy bridges Solana with Ethereum, combining the best features of both networks:
- Ethereum: Offers vast liquidity and advanced developer tools.
- Solana: Delivers unmatched speed and low fees.
This integration creates a robust platform for decentralized finance (DeFi) and meme coin trading, making Solaxy appealing to both retail and institutional investors.
Strong Community Backing
Solaxy’s presale success is fueled by an engaged and supportive community:
- 20,000 Social Media Followers: Growing interest from crypto enthusiasts worldwide.
- Influential Endorsements: YouTuber StockInvestor (50k followers) and crypto analyst ClayBro have publicly supported Solaxy.
Funds raised during the presale will be used for product development and marketing efforts, ensuring the project’s reach continues to expand.
Why Invest in Solaxy (SOLX)?
Early Investment Opportunity
The current presale phase offers SOLX tokens at the lowest price point, making it an attractive opportunity for investors seeking early exposure to a promising project.
Addressing Real-World Challenges
By solving network congestion and bridging Solana and Ethereum, Solaxy tackles critical blockchain inefficiencies, providing a clear path for long-term utility and growth.
High Staking Rewards
With a 708% APY staking program, early investors can maximize their returns while supporting the ecosystem.
Meme Coin SuperCycle
2024 has been a banner year for meme coins, and Solaxy positions itself as a serious contender alongside stars like BONK and PENGU.
Solaxy’s innovative approach to addressing network congestion, combined with its integration of Solana and Ethereum, sets it apart from other blockchain projects.
The presale’s record-breaking success and strong community backing underscore its potential as a long-term player in the crypto space.
For investors looking to capitalize on the meme coin boom and the growth of Layer-2 solutions, Solaxy (SOLX) offers a compelling opportunity.
