With the SEC signalling a move away from enforcement toward rulemaking, blockchain infrastructure projects like Solaxy are gaining traction – especially as Solana’s congestion issues resurface in a booming meme coin cycle.
In what could prove a pivotal moment for the future of on-chain finance, new US Securities and Exchange Commission Chair Paul Atkins declared a shift in crypto policy direction during the agency’s third crypto roundtable this week. His keynote marked a dramatic departure from the combative stance taken by the previous administration, promising instead a rules-based framework that will support the tokenisation of traditional assets on public blockchains.
Atkins opened the session by framing tokenisation as a transformative opportunity, comparing it to the shift from physical music formats to digital streaming. As securities increasingly migrate from off-chain databases to on-chain ledger systems, he stressed the need for regulation to keep pace with innovation. It was, as he put it, “a new day at the SEC.”
The roundtable focused on three key areas – issuance, custody and trading – with Atkins pledging to revisit existing rules to ensure they’re fit for purpose in a blockchain-native financial system. That could include new exemptions for token issuers, expanded crypto custody options and support for hybrid “super apps” that allow users to trade securities and non-securities side-by-side. He also made it clear that policy will no longer be shaped by “ad hoc enforcement actions.”
The tone is a marked contrast to the era that began with the SEC’s lawsuit against Ripple five years ago – litigation that was formally settled for $50 million earlier this month. That chapter now appears to be closing, with the final roundtable in June set to explore decentralised finance directly under the banner of “DeFi and the American Spirit.”
This regulatory recalibration has already begun to influence market sentiment. Infrastructure projects that support the shift toward on-chain securities and efficient trading platforms are once again being taken seriously – not just as speculative vehicles, but as core components of a future-proof financial system.
Solaxy Positioned for Growth in a Blockchain-Native Financial Era
Enter Solaxy, a Layer 2 solution for Solana that seems perfectly aligned with the SEC’s vision for a tokenised capital market. As the Solana network surges in popularity – recording over 82 million active users and $20 billion in on-chain trading volume this past month alone – it is once again showing signs of strain. Network congestion during peak hours has caused rising failure rates and slowed transaction speeds, particularly as meme coin activity floods the chain.
Solaxy addresses this head-on with an infrastructure designed to scale Solana from within. By shifting some of the transaction load off-chain and bundling them before submission, Solaxy promises to deliver up to 10,000 transactions per second – outpacing Solana’s own 6,500 TPS benchmark. The result: cheaper, faster and more reliable performance for users, especially those trading high-frequency assets like meme coins.
While Solaxy’s utility is immediate, its investment thesis goes beyond technical performance. As a foundational layer for an increasingly congested Layer 1, Solaxy stands to benefit from broader ecosystem growth without the volatility that characterises most meme coins. Solana’s largest meme coin, OFFICIAL TRUMP, currently holds a $2.56 billion market cap.
In contrast, Solana itself is valued at over $88 billion. Solaxy, by offering critical infrastructure rather than simply riding hype cycles, may occupy a unique middle ground – one with considerable headroom for appreciation.
Analysts are taking note. Danjo Capital Master told his 800,000 subscribers that Solaxy has “50x potential,” while Alessandro de Crypto went even further, calling it a “100x candidate” in a recent breakdown.
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It’s not just hype – audits conducted by Coinsult have confirmed the solidity of Solaxy’s codebase, further boosting investor confidence.
Regulatory Clarity Could Catalyse Solaxy’s Trajectory
Atkins’ remarks have added fresh momentum to this thesis. If the SEC is truly ready to embrace blockchain-native capital markets, Layer 2 infrastructure like Solaxy becomes even more critical.
Trading, issuance and custody – three of the roundtable’s focus areas – will all depend on the kind of reliable, scalable backend that Solaxy provides. With the Commission eyeing changes to Alternative Trading System regulations, the door may open for decentralised exchanges to handle a wider range of tokenised assets, directly aligning with Solaxy’s vision.
This alignment between regulatory progress and technical development could prove catalytic. While Solana continues to experience high throughput demand, Solaxy offers the performance improvements needed to keep up with institutional-grade use cases – from tokenised securities to automated high-frequency trading strategies. As these use cases become compliant, they’ll need platforms that are ready now – not years from now.
The project’s presale numbers reflect this optimism. Solaxy has already raised over $34.9 million in early funding and is about to enter its next pricing tier. With each price increase, early backers gain a stronger position – particularly if Solaxy listings on major exchanges coincide with a broader rally in Layer 2 infrastructure tokens.
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Staking rewards of up to 115% annually have also contributed to community growth, along with full integration into privacy-first crypto tools like Best Wallet. The upcoming deadline for its next presale price hike adds a sense of urgency, especially for investors who see Solaxy as a long-term infrastructure play rather than a short-term punt.
A Layer 2 Built for the Future of Regulated Crypto
If Paul Atkins’ keynote marked a turning point for US crypto policy, it also helped frame the types of projects that are best positioned to thrive in the new environment. Clear rulemaking, broader trading permissions and permissionless innovation are no longer mutually exclusive. Solaxy, built as a native Layer 2 for one of the busiest chains in crypto, offers a way to scale activity without compromising decentralisation – making it one of the more compelling Layer 2 candidates in the current cycle.
As regulatory fog lifts and Solana’s growth trajectory accelerates, Solaxy may well become the engine that powers its next phase. The groundwork is laid. The market is ready and if the SEC’s new direction holds, $SOLX may be far more than just another altcoin – it could be the backbone of on-chain financial infrastructure in a post-enforcement era.