After raising over $500K in a single day, new Solana L2 project Solaxy (SOLX) has now crossed the $35 million presale milestone and is quickly moving to the $36 million mark. The project’s focus on utility as Solana’s Layer-2 scaling solution helped it emerge as one of the strongest-performing meme coin presales of the year.
While the overall crypto market has climbed to a live valuation of $3.50 trillion, much of that growth came in Q2. Solaxy, however, saw consistent fundraising throughout the bearish Q1 stretch, highlighting sustained interest even when sentiment was low.
Positioned as a potential fix to Solana’s ongoing congestion problems, Solaxy promises to bring real-world improvements to the ecosystem. The SOLX token is currently available at a presale price of $0.001724, with prices set to rise in a little over a day.
Solaxy’s L2 Solution Aims to Solve Solana’s Network Strain
Solana’s strength lies in its lightning-fast transaction speeds and low fees, but its weaknesses have also come to light. As adoption increases, congestion on the network has become a recurring problem. Solaxy plans to counter these challenges with an upcoming Layer-2 solution designed to offload and streamline Solana’s transaction processing.
Rather than processing every interaction directly on-chain, Solaxy aims to handle much of this activity off-chain. Transactions will be batched and finalized on Solana’s mainnet, reducing bottlenecks and improving user experience during high-traffic periods.
A major differentiator is Solaxy’s customizable framework. Developers won’t be locked into rigid architecture. Instead, they can build out infrastructure tailored to their specific verticals, whether in DeFi, social tokens, or high-frequency meme coin trading. The project’s roadmap also points toward Ethereum compatibility, opening the door to cross-chain liquidity and broader accessibility.
To add further credibility, Solaxy recently launched its TestNet Block Explorer. This gives users the ability to view and track activity happening on the testnet in real time, offering transparency around development progress.
If the full Layer-2 rollout follows the same path, it could significantly alleviate Solana’s congestion concerns and reinforce Solaxy’s relevance in the broader blockchain space.
Analyst Sentiment and Staking Fuel Investor Interest
As the broader crypto market gains momentum, with the likes of Bitcoin surging beyond $100K, investors are seeking promising altcoins with real utility to distribute their gains. Crypto analyst and YouTuber ClayBro recently weighed in on Solaxy’s potential, citing its close alignment with Solana as a reason it could emerge as a breakout token in 2025.
Solana recently hit a new high in decentralized exchange (DEX) activity, recording over $22 billion in weekly trading volume. While that cements its status as a DeFi heavyweight, it also magnifies the pressure on the chain’s infrastructure.
Best Solana Tokens To Buy Now As Crypto Is Rallying Higher! Solaxy Is In High Demand!
Solaxy’s upcoming Layer-2 could arrive at a critical time, and ClayBro believes the token’s functionality may draw serious demand from users and developers alike.
He also pointed out the platform’s strong staking incentives. Solaxy currently offers an APY (annual percentage yield) of 137%, rewarding holders who choose to lock in their SOLX. Over 10.1 billion tokens have already been committed to the staking pool – an indication that many early participants are confident in the project’s long-term viability.
With both passive income potential and a strong use case narrative, Solaxy is steadily building momentum across the crypto space.
How to Join the Solaxy Presale
With the market bouncing back and investor optimism on the rise, many are looking beyond the usual suspects and exploring fresh projects. Solaxy, which steadily raised funds during Q1’s bearish stretch, now finds itself in a strong position to capitalize on renewed interest in altcoins.
At its current price of $0.001724, SOLX can be purchased using ETH, USDT, BNB, or even bank cards through Solaxy’s official presale website.
For added flexibility, buyers can also buy the token via the Best Wallet app, available on both iOS and Android.
Solaxy’s combination of presale success, upcoming Layer-2 features, and staking rewards puts it in a promising spot as one of 2025’s most talked-about launches.
