One crypto project defying the current market sentiment is Solaxy ($SOLX). It’s the first Layer-2 solution on Solana, and its ongoing presale just crossed $19 million.
Meme coins have recently experienced a rollercoaster ride as their market cap fell below $70 billion.
As market sentiment enters the fear zone, only a handful of projects continue to defy uncertainty. Solaxy is doing just that because of its plan to tackle Solana’s congestion issues.
Under the new SEC administration, the future of crypto could be quite promising. The SEC recently recognized a Solana-based ETF application, kicking off the approval process with a final decision due by October 2025. Solaxy could benefit from this as a layer-2 solution for Solana.
You can currently buy SOLX for $0.00163, but that price will increase once the presale moves to the next stage.
Solaxy Targets Solana’s Scalability Concerns
Solana has earned praise for its high-speed and low-cost transactions, which have attracted new token launches over the past few years.
Despite its popularity, Solana has often experienced network slowdowns and transaction failures during the $TRUMP and $MELANIA coin launches. These issues are a major headache for DeFi users, NFT enthusiasts, and meme coin traders.
Solaxy aims to solve these pain points by processing some transactions off the main chain. It then batch-submits transaction data back to Solana’s Layer-1, preventing traffic jams at peak times. This approach lowers fees and increases throughput, allowing even the biggest token launches to happen without bogging down Solana’s core network.
Moreover, Solaxy Bridges Solana with Ethereum. This cross-chain design channels liquidity from Ethereum into the Solana network, potentially driving deeper liquidity.
With SOLX as the main currency of this Layer-2 ecosystem, popular analysts like ClayBro are predicting a 10x gain after its exchange listing.
That might even be a conservative estimate. Top Layer-2 tokens like Arbitrum have already reached a market cap of $1 billion, proving how quickly these projects can scale with mainstream adoption.
How Solana’s Growth Could Help SOLX Grow
Although the meme coin market has struggled this year, analysts expect a strong rebound in 2025 due to solid fundamentals. Over 14% of all Bitcoin is now held in treasuries, and Bitcoin spot ETFs saw a net inflow of $204 million in just the past week.
Some experts even predict Solana could see a 10x price rally this year if the broader market rebounds.
Despite global crypto market fluctuations, Solana remains a top chain with the second-highest total value locked (TVL) in DeFi, currently around $9.3 billion—second only to Ethereum.
Historically, Layer-2 tokens have moved in close correlation with the performance of the Layer-1 chains they support. For instance, Polygon (MATIC) and Arbitrum often mirror Ethereum’s movements.
If Solana experiences another surge, SOLX would likely ride that wave and offer exponential returns to its early supporters.
With Solaxy’s presale now crossing $19 million, the next threshold of $20 million is already in sight. This momentum shows how buyers see long-term potential in Solaxy’s layer-2 solution.
How to buy SOLX
Visit Solaxy’s official presale website to buy SOLX at its current price of $0.00163. Buyers have a limited window to buy the tokens before their price increases in the next round.
Investors can connect their crypto wallet (Like Best Wallet) to the buying widget. Best Wallet lets you easily track your SOLX investments before the presale ends.
You can also get a high staking APY of up to 200% on SOLX during the presale stage.
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