Buy Solaxy (SOLX) Tokens at Presale Prices — The Sector's First Layer-2 Network for Solana

Solaxy, the sector's first layer-2 network for the Solana ecosystem, has raised over $38 million from presale buyers. This innovative project offers unlimited scalability

Despite boasting the world’s fastest blockchain, Solana has struggled with network capacity during bullish market cycles. This leads to high transaction times and failed payments, especially when a new meme coin attracts interest from traders, bots, and market makers.

To streamline Solana transactions, the development team at Solaxy has built a layer-2 network. It provides an alternative method for verifying token movements, operating off-chain and bundling transactions into smaller batches that post to the main Solana chain.

This setup ensures unlimited scalability, fastest transactions, and lower fees, while also offering cross-chain compatibility with the Ethereum blockchain.

What Is Solaxy?

Solaxy is the first layer-2 sidechain built for the Solana ecosystem. The team created the network to streamline Solana Program Library (SPL) transactions during all market cycles.

Despite claiming to be the “made for mass adoption” blockchain, Solana has experienced multiple outages since the mainnet went live in 2020. These network issues arise when the broader markets turn bullish, as the ecosystem attracts significant interest, which overwhelms the network.

For example, earlier in 2024, Solana faced several days of downtime and failed transactions after several meme coins experienced rapid price increases. This influx of traders, bots, and market makers overwhelmed the network, delaying transactions and rendering them useless for a prolonged period.

However, Solaxy offers an alternative way to verify transactions. Its layer-2 ecosystem handles token movements off-chain and groups them into smaller batches that post to the main Solana blockchain for security verification.

With Solaxy offering unlimited scalability, the outcome is 100% uptime, fastest transactions, and lower fees. The project also offers a range of Web 3.0 features, including the block explorer for a transparent ecosystem, with all transaction details posted in real-time, allowing stakeholders to analyze wallet movements.

The network has cross-chain features, such as a decentralized bridge to the Ethereum blockchain. The team also announced its “Igniter Protocol” which enables users to create and launch their own SPL tokens.

How Is the Solaxy Token Used?

Platform users need $SOLX to pay fees, which creates organic demand and contributes to long-term price appreciation. $SOLX is also a staking token, with a dynamic 106% APY offered to presale investors.

How to Buy Solaxy – Quick Guide

Let’s start with a brief overview of how to buy Solaxy before the presale closes:

What Is the Best Crypto Wallet for Investing in Solaxy?

You need a crypto wallet to invest in the Solaxy presale event. The wallet also stores $SOLX tokens until you’re ready to sell.

Ensure the wallet provider offers non-custodial storage, a user-friendly interface, and support for the Ethereum or Solana blockchain, depending on which network standard you prefer.

Beginners prefer Best Wallet for its simple layout and institutional-grade security, plus support for over 60 blockchains (including Ethereum and Solana). We’ll explain the presale investing steps with Best Wallet, but you may also consider MetaMask, Phantom, Exodus, or Coinbase Wallet.

Download the iOS or Android app from the Best Wallet website, then follow these steps to set up and secure Best Wallet:

How to Buy ETH for the Solaxy Presale

You need to add some digital assets to the crypto wallet before investing in the Solaxy presale. Transfer $ETH, $USDT, or $SOL to the wallet if you already own a supported payment coin.

If not, you can buy $ETH with a credit card, debit card, e-wallet, or bank transfer on the Best Wallet app. The wallet supports over 20 local currencies, low fees, and an anonymous experience.

Tap the “Trade” button, then click “Buy.” Choose a currency, payment type, and purchase amount — ensure $ETH is selected as the receiving coin. Then securely enter and confirm the payment details, and $ETH shows in the Best Wallet balance right away.

How to Connect Best Wallet to the Solaxy Presale

Visit the Solaxy presale wallet and tap “Buy SOLX.”

You’ll see a pop-up box that asks for the wallet provider — choose Best Wallet and open the app to confirm the connection request.

How Much Should I Invest in Solaxy?

As an inclusive presale project, Solaxy lets participants buy any amount of $SOLX without minimum or maximum requirements. The final presale price is $0.00173 per $SOLX, so a $100 purchase yields over 57,000 tokens.

While some experts claim that Solaxy is one of the best layer-2 coins to buy, it’s a presale project without a mainnet product. Most features are still in development, so ensure