Solaxy Presale Raises $52 Million, 35 Billion Tokens Burned

Solaxy (SOLX) has concluded its presale with remarkable success, drawing significant attention from investors who are eager to capitalize on the anticipated surge in token value once the presale ends. The presale has seen robust participation, with investors rushing to acquire SOLX tokens before the window closes.

Solaxy was developed to address the limitations of Solana, particularly issues related to congestion and scalability. As the first meme coin launched on Solana Layer 2, SOLX aims to leverage Solana's strengths while incorporating innovative roll-up architecture. This design ensures minimal downtime and low fees, making the Solaxy ecosystem ideal for meme coin investors. Features such as the Block Explorer and Bridge are already operational, with more enhancements planned for the future.

The success of the SOLX presale is a testament to its potential, with investors recognizing its importance and the long-term benefits it offers. The presale has seen significant token burns, with 35,046,000,000 SOLX tokens worth over $62 million being destroyed. This move is expected to positively impact the token's value as it prepares for listings on reputable centralized and decentralized exchanges. The upcoming phases of Solaxy's roadmap focus on delivering increased speed, reduced congestion, and minimal downtime, further solidifying its position as a rising crypto star.

Solaxy's tokenomics reveal a supply of 138,046,000,000 tokens, with the current price set at $0.001762. The tokens are distributed with the goal of bringing gains to investors. A thorough marketing campaign will inform the crypto community about the project's benefits, with 15% of the tokens reserved for marketing purposes. Upcoming listings will receive 10%, while 20% of the proceeds will be allocated to the treasury. Staking SOLX tokens offers an attractive APY of 81%, with 25% of the tokens set aside for rewards. The remaining 30% will be directed towards development to ensure Solaxy's long-term growth.

With over $52 million raised so far, Solaxy has garnered enormous support from the crypto community. The presale's imminent closure has investors celebrating record gains, positioning SOLX as a coin set for liftoff. The upcoming upgrades and the project's innovative features are expected to keep Solaxy in the spotlight, making it a compelling investment opportunity for those who act quickly before the presale concludes.