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Cryptocurrency News Articles
Solaxy, the Sector's First Layer-2 Network for the Solana Ecosystem, Has Raised Over $38 Million
May 21, 2025 at 10:03 am
Solaxy, the sector's first layer-2 network for the Solana ecosystem, has raised over $38 million from presale buyers. This innovative
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, near-zero transaction fees, and cross-chain compatibility, providing Solana Program Library (SPL) projects with superior performance metrics.
As we enter the final month of the presale, investors have one last chance to buy $SOLX at a discounted price before the exchange launch. This guide explains how to buy Solaxy in under five minutes, how its layer-2 solution functions, and what utility $SOLX unlocks for the broader SPL arena.
How to Buy Solaxy – Quick Guide
Let’s start with a brief overview of how to buy Solaxy before the presale closes:
What Is Solaxy – An Overview
Solaxy is the first layer-2 sidechain built for the Solana ecosystem — the team created the network to streamline SPL transactions during all market cycles. Despite claiming to be the “made for mass adoption”, 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 draws significant interest from meme coin speculators. The result is delayed and even failed transactions for extended periods.
Solaxy offers an alternative way to verify transactions. Its layer-2 ecosystem validates token movements off-chain and groups them into smaller batches. Those batches 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 not only streamlines SPL transactions but also offers a range of additional Web 3.0 features. The Solaxy block explorer ensures a transparent ecosystem — all transaction details are posted in real-time, so stakeholders can track and analyze wallet movements. The network also has cross-chain features, including a decentralized bridge to the Ethereum blockchain. The team recently announced its “Igniter Protocol” feature, too, which enables users to create and launch their own SPL tokens.
As platform users need $SOLX to pay fees, the token offers real ecosystem utility, organic demand, and long-term price appreciation. $SOLX is also a staking token, with a dynamic 106% APY offered to presale investors.
How to Buy Solaxy – Complete Guide
Here’s a comprehensive walkthrough on how to buy Solaxy at presale prices.
Step 1 – Get a Non-Custodial Wallet
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.
Visit the Best Wallet website to download its iOS or Android app. Then follow these steps to set up and secure Best Wallet:
Step 2 – Add Crypto to the Wallet
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.
Step 3 – Connect to the Solaxy Website
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.
Step 4 – Decide How Much $SOLX to Buy
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 you only risk amounts you’re comfortable losing.
Step 5 – Buy Solaxy
On the presale form,
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