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Home » Technology » Solaxy ($SOLX): Solana’s First Layer-2 Solution Goes For More Than $17 Million in Presale

Solaxy ($SOLX): Solana’s First Layer-2 Solution Goes For More Than $17 Million in Presale

Luis Reginaldo Medilo by Luis Reginaldo Medilo
February 4, 2025
in Technology
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The Solana network has recently been on a record boom in activity due to the explosive growth of meme coins and decentralized applications built on the network.

However, this has also revealed the structural vulnerabilities of the network, such as congestion and transaction failures. In this light, Solaxy (SOLX) has come along as a game-changing

Layer-2 solution that is set to enhance the scalability, efficiency, and cost-effectiveness of Solana.

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Solaxy: A Layer-2 Breakthrough for Solana

Solaxy ($SOLX) is the initial Layer-2 scaling solution on Solana that aims to fix the most pressing issues on the network. Solaxy off-chain processes transactions, thus taking the load off Solana’s mainnet (Layer 1), making the user and developer experience more stable and smoother.

Key Advantages of Solaxy:

  • Decongestion of Solana: By handling transactions off-chain, Solaxy minimizes network strain, ensuring faster and more reliable operations.
  • Lower Transaction Fees: With reduced gas fees, Solaxy makes decentralized applications (dApps) more accessible to users worldwide.
  • Optimized Scalability: The Layer-2 infrastructure supports high-volume transactions, including the surge of meme coins that have recently overwhelmed Solana.
  • Secure Execution: While transactions occur off-chain, finalization happens on Solana’s robust mainnet, maintaining security and trust.

Record-Breaking Presale and Growing Investor Interest

Solaxy’s presale has already exceeded $17 million, proving that investors believe in it. Early adopters get discounts on token prices and rewards for token holding, keeping prices steady by reducing selling.

At the same time, Solana’s network has also seen a tremendous amount of traffic, with Pump.fun recording $3.3 billion in weekly trading volume. This boom, initiated by Donald Trump-meme coins, proves that there is an urgent demand for better solutions like Solaxy.

Solaxy vs. Solana: A Strategic Upgrade

As for Solana, it is one of the fastest and most cost-effective networks, but the problem of congestion has become an absolute showstopper on the way to the mainstream.

The launch of thousands of meme coins in a short period has led to transaction delays and increased fees. Solaxy directly addresses these issues, offering a scalable alternative that keeps Solana competitive in the blockchain space.

Lastly, Ethereum ($ETH) still leads the DeFi sector, boasting a TVL that is six times higher than Solana. For Solana to fill this gap it needs better infrastructure. The perfect solution that will unlock Solana’s full potential is Solaxy.

The Future of Solaxy ($SOLX)

In the trajectory of further developing the roadmap, Solaxy envisions the ability of advanced dApps and multi-chain capabilities. It projects as one of the fundamental layers within the Solana ecosystem. Some experts believe that the worth of Solana could be around $400 by February of 2025, and Solaxy will be very much a part of that.

Solaxy tokenomics

Solaxy has also allocated 25% of its total token supply for staking rewards. This guarantees early investors receive passive income while supporting the network.

Additionally, 15 percent of supply goes into advertising for adoption purposes. The amount in the remaining list on the central and decentralized exchange is about 10%. This remaining amount constitutes 20% and would go into the treasury that will later fund future developments.

Passive Income and Staking Opportunities

The $SOLX token is designed to encourage long-term holding through staking rewards. Investors can stake their tokens from the presale phase, generating passive income and reducing selling pressure. This is a stability and growth approach that benefits all the stakeholders in the ecosystem.

As Solaxy transitions into its third phase of the roadmap, it will be unveiling a fully Layer-2 solution that should further boost scalability and efficiency within the network. Upon this full Layer-2 deployment, decentralized applications integration and multi-chain compatibility expansion will take off, securing Solaxy’s place as a top Layer-2 project.

How to Participate in the Solaxy Presale

For investors seeking early entry into a high-potential project, Solaxy’s presale provides a unique opportunity. The $SOLX token is available for purchase via bank cards, USDT, ETH, and BNB, with staking options offering passive rewards.

The presale is structured in phases, with prices increasing as each funding milestone is reached. Currently, the token is priced at $0.001622, but it is set to increase in the next funding round.

To participate, follow these steps:

  1. Visit the official Solaxy website.
  2. Connect your crypto wallet, such as Best Wallet, to facilitate the purchase.
  3. Acquire and secure your $SOLX tokens before the next funding phase.

Best Wallet offers multi-chain compatibility, allowing users to purchase $SOLX on both Ethereum and Solana networks seamlessly. Transactions are processed directly within the app, ensuring a smooth and efficient experience.

Why Solaxy is the Future of Solana’s Scalability

Solaxy uses innovative Layer-2 technology to increase Solana’s ability to serve more users and run faster. It alleviates network congestion, reduces costs, and speeds up transactions, making Solana a top decentralized application option.

With the presale approaching $17.5 million, now is a great time to join the Solaxy team and be a part of the future of blockchain technology. As Solaxy grows, it has great potential for investors and developers. With its advanced setup, potential to earn passive income, and focus on growth, Solaxy can help Solana reach its full potential and grow further in 2025 and beyond.

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Luis Reginaldo Medilo

Luis Reginaldo Medilo

Luis is the founder and editor-in-chief of Tech Pilipinas. A former Electronics Engineering student and Department of Science and Technology (DOST) scholar, he is passionate about technology and how it can change the world for the better. Luis has more than 20 years of hands-on experience with computers and the Internet.

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