Solaxy Reaches $36 Million in Its ICO, Raising $1 Million in Just the Past Two Days — a Clear Sign of Growing Investor Appetite

After months of fear and a brief period of neutrality, the Fear & Greed Index has climbed to 73–74 (Greed), indicating a shift in sentiment.

Fearless traders have pushed the Fear & Greed Index to 73–74 (Greed) as the crypto market continues to recover from the recent downturn.

This shift in sentiment, which had been largely neutral for the past few months, could open the door for a potential altcoin rally in the coming weeks.

As the dust settles on the tumultuous mid-year market, attention is turning to the next stage of the bull market and the types of projects that could benefit the most.

With Bitcoin aiming for new all-time highs and the meme coin sector showing signs of resilience, the stage is set for an influx of traders seeking out the next big gainers.

However, handling large-scale transactional volumes and preventing failed transactions remain crucial, especially at the height of bull market congestion.

Enter Solaxy, the first Layer 2 project built on Solana, designed to provide optimal scalability and speed while maintaining the inherent security of the Solana blockchain.

Known for its lightning-fast transactions and minimal fees, Solaxy is aiming to provide an optimal blockchain experience, especially when juggling multiple DeFi protocols and large-scale crypto ventures.

In just the past two days, Solaxy’s presale raised nearly $1 million, with one transaction alone (150 ETH for $400,000) showcasing the strong interest in the project.

Since launching its presale, the project has now raised over $36 million.

Solaxy’s presale participation is simple, with tokens available for purchase using cryptocurrencies or traditional payment methods on the official website.

The project is also integrated with Best Wallet, a popular crypto wallet app that allows users to view and manage their tokens without reconnecting to dApps each time.

This provides a seamless experience for long-term holders and contributes to Solaxy’s strong community momentum, which has attracted over 74k followers on X (formerly Twitter).

It’s no coincidence that influencers and analysts are now recommending Solaxy as one of the best ongoing crypto presales.

As the market prepares for a possible shift that could favor innovative altcoin projects, Solaxy stands out with its working testnet, blockchain explorer, and growing ecosystem dubbed the “solar system.”

Those entering the Solaxy presale will also find that the project has passed a full audit by Coinsult, confirming the absence of any threats such as a honeypot or rug pull.

This provides a clean bill of health for the project’s practices and commitment to transparency.

With a unique first-mover advantage in the Solana ecosystem and a robust community already engaged, Solaxy appears well-equipped to handle the increased attention and participation as the market recovers.