During Peak Trading, Most Solana Users Have Felt the Burn of a Stuck Transaction

But a Layer-2 project called Solaxy (SOLX) is aiming to change that, and it has now raised over $33 million in its presale phase.

During peak trading hours on the Solana network, most traders have likely encountered the frustrating reality of stuck transactions.

However, a Layer-2 project called Solaxy (SOLX) aims to change that, and it has managed to raise over $33 million in its presale phase.

Could this project be the biggest Layer-2 launch we see this year?

Introducing Layer-2 Scaling for Solana

The term “Layer-2” might be used a lot these days, but what does it really mean?

Imagine a Layer-1 blockchain like Solana as a large highway.

Now, picture that highway during peak hours, when a hot new meme coin drops or everyone is trading at the same time; it gets seriously congested.

Transactions become slow, or worse, they fail completely – Solana has seen failure rates rise above 40% during these periods.

That’s where Layer-2s come in. They are like efficient express lanes or service roads, taking batches of traffic (transactions) off the main highway for processing.

After that, once these transactions are processed, they are sent back to the main chain, keeping everything flowing much smoother.

This brings us to Solaxy, which is the first project built as this express lane system for the Solana network.

Using technology called rollups, Solaxy can handle the heavy lifting off-chain at much faster speeds, then settle everything back on Solana without causing congestion.

SOLX Token Presale Hits $33M Ahead of First DEX Listing

Solaxy's presale has raised over $33 million in funding ahead of its first DEX listing.

Right now, SOLX tokens are priced at just $0.001714 each.

But keep in mind that the price tag will tick up every few days as the presale moves through its different stages.

Investors are quickly snapping up SOLX using popular cryptos like ETH, USDT, BNB, or even a regular credit/debit card.

A huge draw is the chance to stake SOLX immediately, during the presale, with some market-beating yields being offered.

As it stands, there's no concrete end date for the Solaxy presale.

That said, rumors in the project's Telegram channel suggest that the presale is moving into its final stages.

The next big milestone will be the Token Generation Event (TGE) – when the SOLX token is officially created – followed by a DEX listing.

Solaxy's team is even aiming for CEX listings if all goes well.

Could Solaxy Be the Biggest Solana Layer-2 Launch in 2025?

Is Solaxy shaping up to be the biggest Layer-2 launch of 2025?

Looking at all the factors, it seems like it might be.

Solaxy aims to fix Solana's very real, often frustrating network jams, which is a huge selling point. Since Solaxy is the first to do this, it also has a clear first-mover advantage.

Then you factor in the presale funds – over $33 million raised before the SOLX token has even launched – which shows just how much confidence investors have.

Add to that the clever tokenomics and Coinsult audit, along with the goal of developing a bridge to Ethereum, and you can see why analysts like ClayBro are so excited about Solaxy.

And everything seems to be timed to perfection. Layer-2 networks are booming right now, seen as the go-to fix for making blockchains scale efficiently.

This growth is only expected to ramp up in the second half of 2025 as more users and advanced dApps demand faster, cheaper transactions, especially if another bull market begins.

That's the kind of high-traffic environment where Solaxy could really shine.

And that makes SOLX a high-potential presale token that many traders are keeping tabs on ahead of its exchange debut.