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Cryptocurrency News Articles
Solaxy ($SOLX), the First-Ever Solana Layer-2 (L2) Blockchain, Is on a Roll
May 13, 2025 at 06:05 pm
Solaxy ($SOLX), the first-ever Solana Layer-2 (L2) blockchain, is on a roll these days. Just last month, it surpassed the $30M mark in its ongoing presale and is
Solaxy (SOLX), the first-ever Solana Layer-2 (L2) blockchain, is rapidly gaining momentum. Just last month, it crossed the $30 million mark in its ongoing presale and is now set to hit $35 million.
Three days ago, a whale made a significant purchase of 115 million SOLX tokens for $200,000. This is the biggest single purchase of the token yet, highlighting the growing interest and confidence in the project. It also positions SOLX as one of the best presales of 2025.
At present, each SOLX token is available for $0.001722. However, a price increase is scheduled in a few hours, so getting tokens early is always advantageous. Early buyers will also enjoy more favorable tiers for staking rewards.
Those interested in joining the presale can do so on the Solaxy website. To participate, users simply need to connect their crypto wallet to the presale widget—Solaxy recommends Best Wallet—enter the number of tokens they wish to buy, and make the payment.
The tokens will be credited to their wallets once the presale is finished. For more detailed guidance, readers can refer to our complete Solaxy buying guide.
Following the conclusion of the presale, SOLX will be deployed on multiple chains, allowing users to easily bridge the tokens they bought to the Solaxy L2 blockchain. They will also be able to trade SOLX on major centralized exchanges (CEXs) and decentralized exchanges (DEXs).
In other news within the Solana ecosystem, Global Digital Network (GDN), a stablecoin consortium founded by Paxos, Robinhood, Kraken, Anchorage Digital, Galaxy Digital, Bullish, and Nuvei, is expanding rapidly.
The consortium, which is developing a USD-backed stablecoin called USDG, recently welcomed 19 new members. Among the new additions are several firms, exchanges, and platforms from diverse locations, including the UK, the Philippines, Turkey, and more.
In April, there wereunconfirmed reports that Visa would be joining the GDN consortium.
As the Layer 2 segment of the market continues to grow in 2025, there has been a great deal of interest in new projects promising to expand the capabilities of existing blockchains.
Solaxy is quickly becoming a favorite among those on the lookout for promising Layer 2 presales. The project is designed to address some of the main issues encountered with the Solana blockchain, which include network congestion, transactions failing, and limited scalability, especially at peak demand.
When it launches, Solaxy will offer significantly faster and more reliable transactions, even at times of high demand. Its scalability will enable it to handle the large transaction volumes required by meme coins and other rapidly moving assets.
Moreover, as a multi-chain token, Solaxy’s native SOLX token will be deployed on both the Ethereum and Solana chains. This hybrid approach allows Solaxy to benefit from Ethereum’s superior liquidity and decentralized finance (DeFi) infrastructure and Solana’s speed in processing transactions and low fees.
Those who join the presale early will benefit from lower prices and more favorable tiers for staking rewards.
If you’re interested in learning more about Solaxy, be sure to visit the project’s website.
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!
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