Solaxy Presale Surges 76% as Whales Invest $500,000 in 24 Hours

Solaxy ($SOLX), a new meme coin currently in its presale phase, has garnered significant attention from investors, particularly whales, who have purchased nearly $500,000 worth of $SOLX tokens in the past 24 hours. This surge in investment has brought Solaxy’s total presale raise to over $51 million, with notable transactions including purchases worth $113,000, $59,000, and $58,000.

Solaxy stands out from other meme cryptocurrencies due to its real-world application as a utility token. Its primary selling point is the development of the first-ever Layer 2 solution on the Solana network, aimed at restoring the network's efficiency and performance. Solana, despite its meme coin infrastructure, was not originally designed to handle a large volume of transaction requests simultaneously. The influx of new investors, attracted by top trending cryptos like $TRUMP and $MELANIA, led to significant network congestion and failed transactions. Solaxy’s Layer 2 solution will alleviate this pressure by offloading transactions onto a sidechain, acting as an express lane to handle extra traffic during peak hours.

In addition to enhancing scalability and efficiency, Solaxy aims to lower investor costs on Solana by bundling transactions into single, optimized batches. This bulk processing reduces the cost per transaction without compromising security, thanks to its roll-up technology that validates transactions on the network’s Layer 1. Solaxy’s collaboration with Hyperlane, a Web3 infrastructure project, further enhances its capabilities. This partnership will facilitate easier, quicker, and more seamless bridging of tokens between Solana and Ethereum, benefiting developers, investors, and traders by allowing them to transfer cryptos with the ease of using a mobile app. This integration will also bring significant enrichment to Solana users, as Ethereum boasts higher liquidity and a larger network of decentralized applications.

Solaxy’s presale, which began in December 2024 with an initial per-token price of $0.001, has seen a 76% increase to $0.00176. Investors who joined early have already seen substantial gains, and those who invest now stand to benefit from a potential 11,200% return by 2030, according to price predictions. However, the presale is set to end in less than 24 hours, making this the last opportunity for investors to secure $SOLX tokens at the current price. While Solaxy presents an exciting investment opportunity with its real utility, ambitious goals, and limited-time offer, it is important to note that investments in cryptocurrency are highly risky, and potential investors should conduct their own research before making any decisions.