Solaxy Hits $9M Presale Milestone, Tips as a Potential 100x Crypto Gem

As Bitcoin crossed the $100k mark and hit a $2 trillion market cap in its latest bull rally, the first layer-2 solution on Solana, Solaxy, has hit $9 million in its presale. The project has managed to reach this milestone in just a month of its launch.

A major reason for this is the strong support from whales, with a recent investment of around $158K in a single transaction. Many analysts see this as a promising sign for an early-stage project, especially as it’s the first of its kind with tangible SOL Layer-2 scalability.

Early investors still have a chance to buy $SOLX for just $0.001592 at press time. However, this price will soon increase in the next presale stage in two days time.

One of the major draws for early buyers is the presale’s staking APY, which is at over 390% at the time of writing.

Solaxy’s Layer-2 Tech to Ease Solana’s Congestion

It’s no secret that meme coins still remain one of the hottest sectors in the crypto space.

Over the last 24 hours, the meme coin market posted a 3% gain, outpacing the broader crypto market’s 0.4% gain.

Solana’s meme coin ecosystem saw a similar surge of around 3.5%, crossing $22 billion in market cap. As a result, Solana-based meme coins now account for almost 17% of the total market cap of all meme coins.

However, this growth comes with a catch: network congestion. Solana’s high throughput has attracted many meme coin traders, but spikes in traffic frequently have led to slow transaction times and high fees.

That’s precisely where Solaxy steps in. It offloads transactions onto a second layer, then bundles and relays them back to Solana’s main chain. By performing most transaction processing off-chain, the Layer-1 network can maintain its speed without getting bogged down by the high traffic.

It’s also worth noting that Solaxy is Ethereum-compatible. This means it bridges Solana’s speed and affordability with Ethereum’s security and liquidity.

This translates into smoother cross-chain activity and even more DeFi options, a win-win for anyone who wants the best of both ecosystems.

Analyst Tips $SOLX as a Potential 100x Crypto Gem

Despite being in its early presale stage, Solaxy has already been mentioned on popular platforms like 99Bitcoins, which has over 720K YouTube subscribers.

In its recent video, 99Bitcoins highlighted SOLX’s potential to be a 100x gem because of its unique positioning as a Solana Layer-2.

Some analysts even believe Solaxy could see high growth during Solana’s next big wave of meme coin rally.

A growing online presence is essential to capitalize on this growth. The project steadily gained more followers on its social media channels. For instance, over 57K people followed it on X in just a few weeks.

If the current bull run continues through 2025, Solaxy’s Layer-2 solution could be the go-to platform for traders looking for faster and cheaper transactions.

How to Join the $SOLX Presale

You can buy $SOLX by visiting Solaxy’s official presale page. Buyers can swap ETH or USDT for $SOLX or even use a card to buy these tokens.

Alternatively, you can purchase tokens directly in the Best Wallet app, which also allows you to track your investment and claim tokens directly into your wallet following the ICO’s conclusion.

You can follow Solaxy on X and join its Telegram channel for the latest presale updates, claim dates, and more.

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