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Cryptocurrency News Articles
Solaxy (SOLX) Explodes, Raising $900K in Just Two Days of Presale
May 14, 2025 at 08:55 pm
Solaxy, the first-ever Layer-2 built on Solana, exploded, raising $900K in just two days.
"What a difference a day makes! Solaxy, the first-ever Layer-2 built on Solana and aiming to solve critical bottlenecks like failed transactions and congestion, has exploded in a remarkable fundraising feat, raising a staggering $900K in just two days.
The latest $400K contribution to the presale treasury showcases immense investor confidence in the coin, making it a standout presale opportunity, especially as anticipation builds for a potential altcoin rally.
Since its presale launch in December 2024, Solaxy (SOLX) has steadily gained momentum, now boasting an impressive 74.2K following on X.
This, combined with Chat GPT recommending it when asked for ‘the best presales right now’ or ‘the best crypto to buy,’ seems to indicate that SOLX is set to reach even greater heights.
Enter the solar system of SOLX and discover why it’s one of the best altcoins to buy.
Why SOLX? Why Now?
Positive market sentiment has been the crowning story lately. BTC is showing strength, and with capital rotating into altcoins, new crypto projects with strong fundamentals and high growth potential, like Solaxy, become even more attractive to investors seeking higher returns.
SOLX: Powering the Solana Network with Advanced Layer-2 Technology
At the heart of SOLX’s mission is its sophisticated Layer-2 architecture, designed to address critical bottlenecks like failed transactions and congestion, delivering improved performance and scalability for all users and developers.
This isn’t just an add-on; SOLX technology is foundational, acting like a second, ultra-fast engine for Solana. By processing transactions off-chain and bundling them for efficient settlement on Solana’s mainnet, SOLX drastically reduces congestion. This translates to lightning-fast transaction speeds, significantly lower fees, and the capacity to handle a much higher volume of operations.
The SOLX token is the lifeblood of this advanced Layer-2, integral for paying transaction fees, participating in staking mechanisms that secure and support the network (currently offering a dynamic 113% APY), and engaging in protocol governance.
A significant portion of the token’s allocation (30%) has gone to maintaining and upgrading the infrastructure, ensuring its long-term viability and cutting-edge performance.
Essentially, SOLX’s primary objective is to eliminate bottlenecks, ensuring a seamless and efficient experience.
This technological leap empowers developers to build next-generation dApps without previous constraints, supports high-frequency trading, and enhances the overall user experience on Solana.
For users and builders within the Solana ecosystem, SOLX offers a tangible upgrade, ensuring the network remains competitive, robust, and ready for mass adoption.
Beyond Solana: How SOLX Connects You to a Universe of Crypto Assets
SOLX offers native interoperability (seamless asset and data bridging) between Solana and other major blockchains like Ethereum and Base.
The upcoming Solaxy Testnet bridge will soon offer a first look at this capability.
The SOLX token itself is key to facilitating these cross-chain transactions, potentially being used for bridge fees or securing inter-chain communication.
This strategic focus on interoperability significantly broadens SOLX’s utility beyond just Solana scaling, positioning it as a key enabler for the future of multi-chain DeFi.
Early presale supporters are investing in a future where blockchains are interconnected. This will give smart users direct access to more opportunities, allow them to take advantage of price differences across blockchains, and help them manage various investments.
SOLX stands out in a market of meme coins as it’s solving a problem. This is exciting, but you must still do your own research before making any investment."
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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