Solana Layer-2 Solaxy's Presale Rise Positions It as a Leading Altcoin

With Ethereum unable to break past $4,000 and focus shifting to more scalable blockchain innovations, Solaxy's presale rise positions it as a leading altcoin

As Ethereum struggles to break past $4,000 and investors focus on more scalable blockchain innovations, Solaxy’s presale rise positions it as a leading altcoin heading into the next market phase.

While Ethereum’s founder Vitalik Buterin lays out bold upgrades for the network’s future scalability, the market continues to watch ETH struggle below the $4,000 threshold.

Despite technical improvements and ambitious development goals, Ethereum’s short-term price performance has lagged. This has prompted investors to rotate into newer blockchain ecosystems.

Leading that shift is Solaxy ($SOLX), a Solana-based Layer-2 that has already raised nearly $40 million in its presale – solidifying its status as the best crypto to buy now before the next altcoin surge.

Buterin’s Ethereum Layer 1 Conditions

Buterin recently outlined what he believes are the four non-negotiable conditions for a sustainable Ethereum Layer-1: increased gas limits, energy-efficient ZK proofs, stateless nodes for decentralisation and simplified architecture akin to Bitcoin’s. While the vision is compelling, the network’s present-day limitations continue to frustrate users.

Key upgrades like EIP-4444, which proposes reducing historical data storage to just 36 days, are aimed at enabling local nodes and preventing over-centralisation. Similarly, scaling efforts include lifting gas limits by 10–100x and slashing the energy required for real-time proof generation to under 10kW – well below the 100kW currently needed for zero-knowledge proofs like those produced by Succinct.

Despite this roadmap, ETH’s price remains stuck in consolidation. After bouncing from support near $2,500, ETH made several attempts to breach the $2,750 resistance. While the price touched $2,731 earlier this week, bulls have failed to establish sustained momentum and the price has dropped to $2,666.

Technical charts suggest that Ethereum’s path forward remains uncertain and in the face of limited upside, investor capital is rotating toward altcoins with higher growth potential.

As Bitcoin breaks into new all-time highs and injects fresh energy into the broader crypto market, that rotation is gaining pace. With ETH lagging behind BTC’s explosive trajectory, liquidity is flowing into smaller-cap assets with strong fundamentals and clear technical visions.

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This is where Solaxy enters the picture – not as another speculative meme coin, but as a strategic infrastructure layer tailored for one of the industry’s most used blockchains: Solana.

Solaxy: The Solana Layer-2 That’s Breaking Out

Solaxy is the first Layer-2 being built for Solana, aimed at resolving the network’s well-documented bottlenecks – failed transactions, congestion during meme coin launches and limited scalability. Using off-chain execution and batch settlement, Solaxy accelerates transaction throughput and reduces fees, making it ideal for high-volume dApps, DeFi tools and token launch platforms.

In recent weeks, the team has rolled out several core milestones. On May 6, node systems were upgraded for faster sync times. On May 15, the Solaxy Testnet Bridge went live, connecting with Solana’s Devnet and laying the groundwork for multi-chain compatibility.

Solaxy’s Igniter Protocol, a built-in launchpad for creating and deploying tokens, adds another layer of value for developers and users alike. Much like Pump.fun, this tool could turn Solaxy into a hotbed for altcoin innovation.

The $SOLX token underpins this entire ecosystem. It’s used for fees, staking and protocol governance – with current staking APYs at 102%, making it an attractive option for passive yield seekers.

Whale Activity Confirms Investor Confidence

The presale numbers don’t lie. Solaxy has raised $39.4 million to date, bolstered by a recent $1 million single-day inflow. Several whale wallets have made six-figure purchases in recent weeks, including a $400,000 buy on May 14.

These investments, coupled with a fast-growing online presence – now over 76,000 followers on X – highlight rising investor conviction in Solaxy’s role in the next phase of DeFi expansion.

DON’T MISS THE FINAL SOLX PRESALE

Currently priced at just $0.001732, $SOLX offers an accessible entry point, especially when compared to more established Layer-2 tokens. With Ethereum’s limitations and Solana’s growing traction, Solaxy could be a key bridge between these two dominant chains.

Why Solaxy Might Lead the Next Altcoin Run

Ethereum’s sluggish performance and complex upgrade path make it less attractive to retail and institutional investors looking for near-term growth. While ETH may still