Solaxy Raises $30.2M in Presale, Aims to Solve Solana's Transaction Issues

Solana users are finding relief with the introduction of Solaxy, a new project aimed at addressing some of the blockchain's persistent issues. Solaxy's ambitious goals and strong utility are designed to fill the gaps left by Solana, offering solutions to transaction failures and congestion. The token is currently available at a significantly discounted price, providing early investors with a strategic advantage in what is shaping up to be one of the most anticipated crypto launches of the year.

Solana's demand has always been robust, with recent data indicating significant investments by large holders. However, the network has faced challenges with transaction failures and congestion, leading to user frustration. Solaxy, a new Layer 2 blockchain on Solana, aims to deliver faster transactions, lower costs, and eliminate congestion and failed transactions. The project is actively working on development upgrades, including the upcoming release of the Solaxy Block Explorer on April 19th. Additionally, a new Dev Update will cover performance upgrades, chain data processing, and new bridging information.

Solaxy is gaining traction as many compare it to Solana’s Arbitrum moment. Arbitrum, which initially flew under the radar, saw a surge in value during Ethereum’s gas crisis, ultimately reaching a $2 billion market cap. Similarly, Solaxy is positioned to offer significant improvements to the Solana network, much like Arbitrum did for Ethereum. The presale momentum for $SOLX has been impressive, with the project raising its first $1 million within 24 hours and reaching $2 million in just a few days. To date, the presale has secured $30.2 million in funds, making it one of Solana’s most successful ICOs.

The presale is structured in stages, with each stage featuring a price increase. The current token price is $0.001696, but this window is set to close soon as the next stage begins. Investors can purchase $SOLX using various payment methods, including USDT, SOL, ETH, BNB, USDC, or a card. The rush to buy $SOLX is driven by several factors, including the impending end of the presale and the opportunity to secure discounted prices before the token is listed on exchanges. If $SOLX follows Solana’s predicted rise from $133 to $520 in 2025, its current presale price could jump to $0.0066. Solaxy’s high potential has garnered attention from influencers and investors, who see it as one of the hottest crypto launches of the year.

Another key reason for the investor rush is Solaxy’s reward distribution. The project plans to use 25% of the total token supply to reward early participants, making it an attractive opportunity for those looking to maximize their returns. Staking also allows users to earn passive income, with over 8.5 billion $SOLX already staked. Rewards come with a 134% APY and will be distributed over three years. Solaxy’s roadmap includes ambitious goals such as the launch of the Solaxy Layer 2 network, listings on centralized exchanges, and further Ethereum integrations.

Solaxy’s momentum is accelerating, positioning it as one of the most promising crypto launches of the year. Unlike many meme coins that rely solely on hype, Solaxy offers real problem-solving capabilities for Solana, along with the potential for high returns and significant rewards. Investors are encouraged to visit the official website, purchase the token, and become part of the $31 million milestone.