Solaxy Raises $53.3 Million in Presale, Aims to Scale Solana

Solaxy has successfully concluded its highly anticipated presale, raising $53.3 million and capturing the attention of the crypto community. This presale is not just another launch; it is positioned as a potential hidden crypto treasure. With a live Testnet, Bridge, and Explorer already operational, Solaxy is demonstrating significant progress well before its mainnet launch. This early development could bode well for early investors in $SOLX.

Solaxy is designed to scale Solana rather than compete with it. It addresses Solana's pain points, such as congestion and transaction spikes, by providing a high-performance backup engine. This Layer-2 solution offloads pressure during peak activity, ensuring reliable, cheaper, and faster transactions. Unlike Ethereum's inconsistent Layer-2 solutions, Solaxy serves as a smooth extension of Solana, enhancing rather than replacing the underlying chain.

One of the unique aspects of Solaxy is its early product releases, including its Testnet, Bridge, and Block Explorer. Upcoming products include a native DEX and the Igniter launchpad. The project has also confirmed its Hyperlane integration, allowing cross-chain flow between Solaxy, Solana, and ultimately, Ethereum. This integration enables users to move tokens between these ecosystems seamlessly, enhancing the project's utility and appeal.

The presale of $SOLX has been a resounding success, raising $53.3 million before ending. Early participants had the opportunity to stake their $SOLX and earn rewards with a dynamic APY, which stood at 78% at the time of the presale's conclusion. Stakers will receive these rewards for the next three years at a rate of 4377.4 SOLX tokens per Ethereum block. The presale's final price was $0.001764, and in the last day alone, the project raised an impressive $2 million.

Looking ahead, Solaxy is set to go live and trade on major exchanges, both centralized and decentralized, in July. This move represents a significant win for early participants, as $SOLX is expected to become the driving force behind a fully operational Layer-2 ecosystem. The price of $SOLX is anticipated to signal a 398% increase by the end of 2025, reaching $0.00879. This projection is based on the current demand and the project's potential to attract a wider audience once it starts trading on exchanges.

With $53.3 million raised and a mainnet launch just weeks away, Solaxy is proving to be more than just presale hype. The project has real products, upcoming exchange listings, and a fully operational Layer-2 ecosystem designed to scale Solana. For early buyers, this could be a rare opportunity where good timing meets genuine utility. Solaxy is launching strongly and may just be the wealth mine that early investors are looking for.