Crypto bulls have achieved a number of huge wins this month, with Bitcoin (BTC) hitting a new all time high of $111,000 and Ethereum (ETH) attempting to pumping past $2,600. Meanwhile, Solana (SOL) is still trying to pump to $200—a key target that could set the stage for new all-time highs—and its first-ever Layer 2 platform, Solaxy (SOLX), could provide a key boost.
Although Solaxy’s SOLX token is exclusively available through its record-breaking crypto presale, its dev team confirmed on Monday that the sale will end in just 26 days. Solaxy has now seen an influx of new investors who committed over $500,000 in just the past 24 hours, pushing SOLX’s total presale funding to $38.2 million.
Given Solana’s track record of meteoric price moves (from under $1 in 2020 to a peak of nearly $290 in early 2025), many top analysts view Solaxy as a chance to catch the next wave of big gains. In contrast to the vast majority of meme coins, Solaxy offers a meaningful infrastructure upgrade: a fully realized Layer 2 (L2) solution that can help Solana finally overcome its congestion and reliability concerns.
Solana’s ecosystem has been showing impressive fundamental strength recently, with significant growth in stablecoins, decentralized trading, and institutional adoption. Coupled with growing momentum in the meme coin market, many commentators expect SOL to reach another all-time high if it breaks $200 this year.
This timely upswing is creating the perfect setup for Solaxy to flourish as Solana’s first L2. It’s important to remember that the SOLX presale will end on June 16—so the window to buy Solaxy tokens for $0.00173 is closing fast.
Solana’s Ecosystem Surges With $1.2 Billion App Revenue in Q1
Solana’s overall metrics are painting a bullish picture for the Layer 1 blockchain. Messari’s State of Solana Q1 2025 report shows that Solana’s “Chain GDP” (which represents total application revenue) surged by 20% quarter-over-quarter, reaching $1.2 billion.
Even more telling is the jump in Solana’s “Application Revenue Capture Ratio,” which rose to 142% from around 117%, suggesting improved efficiency in monetizing on-chain activity.
On the other hand, the report also highlighted the rise in demand for stablecoins on Solana. The total stablecoin market cap on Solana jumped 145.2% quarter-over-quarter to $12.5 billion, led by USDC and USDT expansions. This shows Solana’s continued appeal as a fast, low-fee settlement layer.
Decentralized exchange (DEX) usage is also climbing on Solana, with average daily volumes up 40.8% to $4.6 billion. Much of that activity comes from the rise in meme coin trading activity on Solana’s network.
While trading volume in the meme coin segment has remained modest compared to January’s highs, the fact that smart money buy orders have outnumbered sells for the first time in days could hint at the start of a turnaround. If volume picks up, and SOL flips the $200 level from resistance into support, it would confirm long-term optimism among retail traders.
Given these tailwinds, analysts predict that Solana could eventually revisit its January all-time high of $295.83. If that materializes, DeFi liquidity, stablecoin usage, and overall network participation are likely to soar—precisely the conditions under which a Layer 2 like Solaxy can thrive.
It’s no surprise that large investors (including one whale who bought around $400,000 worth of SOLX in a single transaction) are backing the SOLX token presale.
Solaxy Could Be the Missing Layer Solana Needs to Scale Without Outages
Solana’s growth is undoubtedly exciting, but it comes with a critical caveat. Historically, when usage spikes too quickly, Solana quickly suffers from network congestion—and has sometimes faced full-blown outages. Each surge in user demand stresses the chain’s base layer, revealing system vulnerabilities that negatively impact its reliability and reputation among Web3 builders and users.
That’s where Solaxy steps in. Rather than rewiring Solana’s architecture, Solaxy will add another processing layer to get the transactions off the main chain and then finalize them back on the Solana L1. This is similar to how Arbitrum and Optimism scale Ethereum, except that Solaxy aims to maintain Solana’s speed while providing additional support during high-traffic periods.
Solaxy is designed to match Solana’s quick block times—so users and dApps can still enjoy near-instant confirmations without paying higher fees, and the mainnet stays unburdened by huge transaction volumes.
Solaxy has been making significant progress by reaching new technical milestones beyond the concept stage. For instance, Solaxy’s Testnet Bridge launched on May 15, linking Solana’s devnet to Solaxy’s L2 environment.
Popular crypto thought leaders have already recognized SOLX’s potential, with ClayBro spotlighting it in his latest market update video.
As interest in Solana ramps up, the need for a Layer 2 fix becomes more pressing—and Solaxy is positioning itself to fill that void.
Final Chance to Buy Solaxy Tokens at $0.00173
With only 26 days left before the presale ends, investors can still purchase SOLX for $0.00173—a price that could look quite low in hindsight if Solaxy becomes integral to Solana’s scaling roadmap. The presale’s tiered structure also means the SOLX price will likely jump upon listing, giving early buyers an edge.
You can visit the official Solaxy website to buy SOLX tokens, and use cryptos such as SOL, ETH, and USDT (or even a standard credit/debit card) to make your investment.
Buyers can also stake their SOLX to earn a dynamic APY of up to 105%, while waiting for the token’s official launch.
