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Cryptocurrency News Articles

As Bitcoin and Solana Reclaim Momentum, Solaxy's Presale Reaches Its Final Phase

May 28, 2025 at 04:19 am

Bitcoin is pressing toward $100,000, Solana is climbing towards $180 and the broader market is again turning bullish after a weekend reset.

As Bitcoin and Solana Reclaim Momentum, Solaxy's Presale Reaches Its Final Phase

As Bitcoin reclaims momentum toward $110,000 and Solana approaches $180, the broader crypto market is again turning bullish after a weekend reset. But while legacy coins draw headlines, seasoned crypto traders are focused on a new name that’s shaking things up in the Solana ecosystem: Solaxy ($SOLX).

With just 20 days left in its presale and over $41 million raised, Solaxy is no longer an emerging contender. It’s one of the largest presales in Solana’s history, and the price of $SOLX remains fixed at $0.001736 until the campaign ends. Once the token launches, that price will be subject to open market forces, and analysts expect it to rise quickly.

Why Solaxy’s Timing Couldn’t Be Better

Solana’s performance is rebounding, but as activity on the network surges, so do concerns about congestion. Transaction failures, network delays, and inflated gas fees have become familiar during periods of peak demand.

Solaxy’s answer is straightforward but powerful: build the first Layer 2 scaling solution for Solana. This Layer 2 network is designed to reduce congestion and failed transactions using off-chain processing and transaction bundling—methods already proven in other ecosystems but not yet optimized for Solana.

JOIN THE $SOLX PRESALE BEFORE LAUNCH

With a target throughput of 10,000 transactions per second (compared to Solana’s base 6,500 TPS), Solaxy aims to set a new standard in performance and reliability for one of crypto’s most active chains.

A Presale Success That’s Turning Heads

What sets Solaxy apart isn’t just its bold tech ambitions—it’s the momentum it has already achieved. The project has officially raised more than $41M, and presale buyers have already seen a 73% return since the initial token pricing of $0.0010.

This success hasn’t gone unnoticed. Crypto influencers like Umar Khan from 99Bitcoins have suggested 100x potential once $SOLX hits the open market.

With a massive fundraising haul, a clear problem-solving use case, and a rapidly growing community, Solaxy is being positioned as a top contender for the best crypto presale to buy now.

From Vision to Execution: A Layer 2 with Real Traction

Solaxy isn’t just promising infrastructure—it’s already delivering it. The project has launched a live testnet that has successfully processed over 1 million transactions. A block explorer is available for users to track these transactions, and a Testnet Bridge now enables native SOL transfers between Solana and Solaxy’s network.

In parallel, the team has introduced Igniter Protocol, a token launchpad akin to Solana’s Pump.fun, but faster and cheaper. This will allow users to mint their own tokens directly on the Solaxy network—supporting new communities, driving liquidity, and further solidifying Solaxy’s Layer 2 ecosystem.

Community Support and Transparency

With over 77,000 followers on X and 13,000 members on Telegram, Solaxy has one of the most engaged communities among current presale projects. The buzz has been amplified by third-party endorsements, including a smart contract audit by Coinsult, which found no vulnerabilities and confirmed safeguards like minting restrictions, open trading access, and decentralized control.

Though skepticism remains a natural part of any high-profile presale, Solaxy has navigated concerns with transparency. Its team—registered as Solaxy Tech Ltd. in the British Virgin Islands—has outlined plans for token deployment, exchange listings, and staking mechanisms that offer up to 98% APY.

What to Know About the Tokenomics

Solaxty has fully disclosed its token allocation: 30% for development and 15% for marketing. While this leaves a substantial share under team control, the funds are earmarked for ecosystem growth and platform expansion. Importantly, no minting function exists in the contract, reducing inflation risk.

That said, there is no vesting schedule published yet—a point worth watching as the Token Generation Event (TGE) approaches. According to Solaxy’s whitepaper, token distribution will begin post-launch, with no blacklisting functions or owner-controlled trading restrictions, which aligns with fair launch principles.

The Final Countdown: 20 Days to Go

With the June 16 deadline confirmed, Solaxy’s presale is now in its final stretch. This means there are only 20 days left to secure tokens at a fixed price before the market determines their value. Once the $SOLX token launches, its price will float freely—potentially doubling, tripling, or more depending on early demand.

Solaxy has already delivered a working Layer 2 testnet, an explorer, staking with live APY, and the Igniter Protocol

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