Pre-market Analysis: Solary (SOLX) Raises $47 Million Before Its First Exchange Listing

When a presale project raises $47 million before its first exchange listing, people pay attention.  That's exactly what's happening with Solaxy (SOLX) right now.

When a presale project raises $47 million before its first exchange listing, people pay attention.

That’s exactly what’s happening with Solaxy (SOLX) right now.

With just a few days left in its presale, this project is building serious momentum towards a potentially explosive DEX debut.

What is Solaxy? A Look at the New Solana Layer-2 and Its Ecosystem

Solaxy is a Layer-2 network built to solve Solana’s congestion issues.

If you’ve been in the trenches during meme coin season, you know that when things get busy, the Solana network can get jammed up.

Solaxy addresses this by managing transactions on its own separate, efficient layer.

And on top of that, it serves as a foundation for a fully-fledged ecosystem.

There’s the Igniter Protocol, which is a launchpad that enables anyone to create their own meme coin without requiring coding expertise.

To make sure those new coins have somewhere to go, the team is also launching a Solaxy DEX right alongside Igniter Protocol.

It’s a smart, self-contained system: create a coin, then immediately trade it.

The tech is already live on a testnet, and investors can stake their SOLX tokens to earn rewards from day one.

It’s an offer so appealing – yields are set at 86% per year – that over 13.3 billion SOLX have already been locked up.

SOLX Token Presale Raises $47M – Final Days and Upcoming Exchange Listings

The SOLX presale is now in its final days, and the clock is ticking – loudly.

It officially wraps up on Monday, June 16, so this is the last chance to get in at the fixed presale price of $0.001752.

Solaxy’s team has made it easy to get involved, accepting purchases using crypto or a debit card (through Best Wallet).

After the sale ends, things will move fast.

First, you’ll be able to claim your tokens.

Then comes the first public listing on a DEX, expected to be Uniswap, which is where real price discovery begins.

From there, the team is aiming for bigger things: listings on major CEXs to get SOLX in front of a much larger audience.

And to ensure a smooth trading experience, the team has set aside 10% of the 138 billion token supply for exchange liquidity.

This commitment to post-launch success is one reason the analysts at 99Bitcoins are so bullish on SOLX.

Jacob Bury, a member of their research team, even predicted the token could “10x” after it launches on a DEX.

How Solaxy’s Layer-2 Fits into Solana's Future

For years, the idea of a Layer-2 solution for Solana would’ve sounded crazy.

These solutions were just for Ethereum, the slow network that desperately needed a fix

Solana was built to be a fast chain that didn’t need that sort of help.

But it turns out that when you become this popular – especially with meme coins clogging everything up – even the fastest network can benefit from a dedicated Layer-2.

And that’s the key difference here.

Ethereum’s Layer-2s are like a rescue mission for a slow engine, while Solaxy is more like adding a turbo boost to an engine that’s already powerful.

It’s an evolution – not a patch.

Creating a specialized network for all high-frequency trading frees up the Solana mainnet.

This could be what gives Solana the stability it needs to silence the critics and attract a whole new level of developer and institutional trust.

That’s why Solaxy is getting so much attention ahead of its launch.