Solaxy's $23M Meme Coin Surge: The Next Solana?

Solaxy, a new meme coin and Solana Layer-2 network, is gaining significant traction in the cryptocurrency market. The project has raised $23 million in its token presale, with no end date in sight, and is drawing comparisons to Solana's impressive 17,000% growth since its launch in 2020.

Solaxy's Layer-2 network promises to address Solana's congestion issues and boost meme coin trading by leveraging zero-knowledge rollups. This technology, already successful on Ethereum, will enable faster and cheaper transactions on Solana. By resolving network congestion and transaction failures, Solaxy aims to restore traders' confidence in the Solana ecosystem and foster further development.

Analysts are bullish on Solaxy's potential, with some predicting gains on par with Solana's growth. Crypto Wire hailed Solaxy as Solana's 'calability savior,' while Borch Crypto suggested the $SOLX token could deliver 50x gains or better after hitting exchanges. NASS Crypto, a crypto influencer with over 1 million YouTube subscribers, included $SOLX in his roundup of top crypto presales to buy now.

Investors are flocking to the $SOLX token presale, driving up the token's price. The project's smart contract has been audited by Coinsult, ensuring investors' confidence. Staking $SOLX tokens during the presale can earn early rewards, with up to 172% APY currently offered. To stay updated on the presale and token claiming, follow Solaxy on X and Telegram.