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3 min read

Solaxy Presale Hits $26M Milestone As Solana Layer-2 Scaling Solution Gains Traction

by Kate Benson
6 months ago
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Image from Solaxy.io
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Solana’s explosive popularity, driven largely by its thriving meme coin ecosystem, has revealed the network’s growing pains but Solaxy brings promise.

As transaction volumes surge, users face increasing congestion and rising fees—precisely the issues that layer-2 scaling solution Solaxy (SOLX) aims to resolve. The project has already secured over $26 million in presale funding, signaling strong investor confidence ahead of its upcoming launch.

Pioneering Solana’s First True Layer-2 Solution

Positioning itself as Solana‘s first dedicated layer-2 network, Solaxy directly addresses the blockchain’s most critical limitations. As platforms like pump.fun have pushed Solana’s infrastructure to its limits, Solaxy offers relief through off-chain transaction processing.

By bundling transactions and settling them collectively on Solana’s mainnet, the solution promises to reduce network congestion while accelerating transaction finality—benefits that appeal to both traders and developers.

Solaxy’s vision extends beyond basic scaling capabilities. The platform will feature a multi-chain bridge connecting Solana with Ethereum, enabling seamless asset transfers between these major ecosystems. This interoperability gives Solana users access to Ethereum’s substantial liquidity pools while preserving Solana’s characteristic speed advantages.

Security remains a cornerstone of Solaxy’s development, evidenced by a comprehensive smart contract audit conducted by Coinsult. The audit confirmed the platform’s reliability and absence of honeypot risks, bolstering transparency and investor confidence. This combination of scalability, cross-chain functionality, and security has attracted substantial investor interest.

Presale Success and Token Economics

Solaxy’s presale has now raised $26.7 million, with investors eagerly purchasing SOLX tokens ahead of exchange listings. The token, currently priced at $0.001666, follows a phased release model with gradual price increases every few days—a structure that has fueled early demand as buyers secure positions before the Token Generation Event (TGE).

Participants can stake their SOLX tokens during the presale period, with estimated APYs reaching 153%, though these rates are expected to decrease as staking participation grows.

Image from Solaxy.io
Image from Solaxy.io

The project’s tokenomics feature a total supply of 138 billion SOLX, strategically allocated across development, staking rewards, treasury reserves, marketing, and liquidity to ensure sustainable long-term growth while maintaining adequate trading liquidity.

The team has outlined an ambitious roadmap including centralized exchange listings, the official Solaxy layer-2 network launch, and expanded Ethereum integrations This comprehensive strategy has earned SOLX recognition on crypto presale rankings.

Image from Solaxy.io
Image from Solaxy.io

Growing Community and Industry Positioning

Solaxy’s online presence reflects mounting excitement around its layer-2 solution. The project has attracted nearly 73,000 followers on X (formerly Twitter) and over 9,600 Telegram members—strong indicators of community interest from traders and developers alike.

This momentum coincides with the rising importance of layer-2 solutions across the blockchain industry. Networks like Arbitrum and Optimism have demonstrated how off-chain processing can dramatically improve performance metrics. As blockchain projects increasingly prioritize interoperability and new use cases, layer-2 solutions become increasingly vital.

Solaxy distinguishes itself by applying the layer-2 model specifically to Solana. If successfully implemented, it could provide traders and developers with enhanced scalability without abandoning Solana’s ecosystem. Furthermore, its planned Ethereum bridge could introduce fresh liquidity to Solana, potentially creating new opportunities in DeFi and beyond.

With its launch expected later this year, Solaxy is positioning itself as a transformative element in Solana’s growth trajectory and the broader blockchain ecosystem.

Kate Benson

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