Solana’s first Layer-2 solution, Solaxy ($SOLX), has now raised over $22 million in its presale.
Despite the market downturn triggered by the LIBRA ($LIBRA) debacle, Solaxy continues to see strong investor demand, with more than $2 million in $SOLX purchases over the past week alone. This puts its daily fundraising pace at over $350,000, signalling high confidence in its long-term value.
The current presale price of Solaxy ($SOLX) is $0.001638, but with demand accelerating, an automatic price increase is set to occur in less than five hours.
LIBRA Crash Sends Shockwaves Through Solana’s Market
Solana has been caught in a market-wide decline, retracing its gains after hitting a peak of $293 in January following the Trump meme coin surge.
At today’s price of $169.57, SOL has nearly erased its rally from $175 to $293 in just a month. The latest blow to Solana’s ecosystem came after Argentine President Javier Milei endorsed and later deleted his promotion of LIBRA, a controversial token that many now claim was a rug pull.
According to DexScreener, LIBRA initially skyrocketed to $4.5 billion in market value before plummeting 93.38% to just $298 million. The fallout has led to lawsuits and calls for stronger protections for meme coin investors, with Pump.fun founder Alon advocating for greater safeguards.
However, while Solana suffers in the short term, capital continues flowing into Solaxy, its first Layer-2 scaling solution, which could help turn sentiment around.
Solaxy Could Be the Catalyst Solana Needs to Rally
Solana is still one of the fastest-growing blockchain ecosystems, but network congestion and scalability concerns remain unresolved. Solaxy’s launch could provide the boost Solana needs to reclaim its all-time high.
Solaxy’s Layer-2 rollup technology will improve transaction speeds, reduce fees, and facilitate interoperability between Solana and Ethereum. This development is crucial, especially with Solana ETFs potentially launching this year, bringing more institutional capital into the ecosystem.
BUY SOLAXY NOW – THE FUTURE OF SOLANA SCALING
The Solaxy team has released key developer updates, showcasing the project’s advancements:
– Rollups technology to handle more transactions off-chain before settling on Solana.
– A cross-chain bridge that connects Solana with Ethereum, allowing seamless movement of assets.
– Collaborations with major blockchain firms like Sovereign Labs and Hyperlane to ensure robust security and efficiency.
This infrastructure not only enhances Solana’s ecosystem but also makes Solaxy a powerful standalone blockchain for high-volume applications such as DeFi and meme coin trading.
Solaxy Could See 500x Gains, Similar to Solana’s Early Days
Investors looking for the best crypto to buy now are eyeing Solaxy ($SOLX) as a high-potential opportunity, with its investment case mirroring Solana’s early rise.
When Solana launched at $0.50, few could have predicted its run to $293—a 58,500% gain. If Solaxy follows a similar trajectory, it could become one of the biggest winners in the upcoming bull cycle.
JOIN THE SOLAXY PRESALE – SCALING SOLANA FOR MASS ADOPTION
Crypto analysts are already projecting a 100x return for Solaxy, which could put its price at $0.16 after exchange listings. With a growing presale and strong investor backing, $SOLX might have the momentum needed to outperform other new projects.
Why Securing $SOLX at Presale Could Be Crucial
Timing is everything in crypto investing, and those who get in early often secure the biggest gains.
As Solaxy continues raising millions in its presale, the current price of $0.001638 won’t last much longer. Prices are set to increase with each stage, meaning early adopters have an advantage.
To participate, investors can visit the Solaxy presale website, connect their wallets, and purchase $SOLX using ETH, USDT, BNB, or even a bank card.
For easy tracking and staking of $SOLX, Best Wallet offers seamless integration. This multi-chain crypto wallet makes it easy to monitor Solaxy investments and prepare for its mainnet launch.
Solaxy and Solana Could Surpass $1 Trillion Market Cap Together
With Solana’s total market cap nearing $1 trillion, Solaxy’s role as its first Layer-2 scaling solution makes it a key player in future growth. As Solana attracts more institutional capital and new developers, demand for Solaxy’s technology and $SOLX token will only rise.
For investors looking for the best utility crypto to buy now, Solaxy presents a compelling case, offering both scalability improvements and strong upside potential.
